US: Chinese Companies’ Route to Wall Street Faces SEC Scrutiny

Chinese companies trading on U.S. stock exchanges may face tighter scrutiny as the Securities and Exchange Commission (SEC) seeks to update decades-old rules on foreign private issuers (FPIs), a move that could further test deteriorating China-U.S. relations.

The surge in foreign companies, particularly from China, leveraging offshore tax havens to list on U.S. exchanges has made it more difficult for American regulators to oversee them, as their FPI status gives them exemptions from the same disclosure requirements as their domestic counterparts.

 

22 February 2024

EU: Location for EU Anti-Money Laundering Agency to be decided

The competition to select a city to host the new EU Anti-Money Laundering Agency (AMLA) is to get under way in Brussels, with Dublin in contention along with eight other cities. Ireland is competing

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23 August 2024

UK: Named and Shamed – HMRC lists 92 tax avoidance schemes

HM Revenue & Customs has named 92 schemes which it says are involved in tax avoidance – and it admits this isn’t the complete list. There has been controversy for some years over the status

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14 August 2025

US: Provisions in the One Big Beautiful Bill Act that encourage domestic investment

Tax News and Developments July 2025 In briefThe recently enacted reconciliation bill (the One Big Beautiful Bill Act or OBBBA) creates several new provisions that, depending on the right facts, can

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19 February 2024

EU: EU adopts new verification requirements to combat greenwashing

The European Union (EU) has revealed new standards that are designed to combat greenwashing by adopting new rules aimed at ensuring the accuracy of environmental marketing claims made by companies.

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