The Hong Kong Information Services Department confirmed the country’s commitment to implementing the Crypto-Asset Reporting Framework (CARF). This initiative aims to bolster international tax transparency and address cross-border tax evasion.
The Government plans to begin automatic exchanges with relevant jurisdictions under CARF starting in 2028.
Legislative amendments necessary for CARF implementation are expected to be in place by 2026.
Swiss lawmakers are seeking to water down government proposals to help prevent financial crime, saying the country needs to stay competitive in global cross-border wealth management where rival centres
The former Chelsea football club owner Roman Abramovich is the subject of a criminal investigation by the Jersey authorities over allegations of corruption and money laundering in connection with the
The Irish government has warned that the country could lose up to 80,000 jobs if Donald Trump launches a trade war with the EU, and has hit back at accusations by the US that Ireland is operating a
The Treasury Department announced it would not enforce part of a groundbreaking transparency law aimed at curbing money laundering and tax fraud, a move critics say will weaken national security and