BVI: BVI introduces amendments to beneficial ownership regulations

On 1 July 2025, the British Virgin Islands (BVI) government introduced amendments to the BVI Business Companies and Limited Partnerships (Beneficial Ownership) Regulations 2024.

These changes, which came into effect on 2 January 2025, refine the beneficial ownership registration regime and establish a new access framework based on legitimate interest.

14 August 2024

US: Tax evaders hiding money offshore get one last shot at amnesty from IRS

If you’ve been hiding funds in offshore accounts, you now have until Oct. 15 to apply to the IRS for amnesty and avoid stiffer penalties. That’s an additional 22 days from the original deadline

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7 June 2024

GREEN FINANCE: COP29 set to thoroughly reassess issue of climate finance

The issue of climate finance is planned to be completely reconsidered at COP29, COP28 Director, Climate Finance, Samir Suleymanov said, Trend reports. He made the remark during today’s panel discussion

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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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26 April 2025

UK: HMRC to offer ‘life-changing’ cash rewards for employees who grass tax dodging bosses

HMRC to offer ‘life-changing’ cash rewards for employees who grass tax dodging bosses. In an effort to cut the UK’s ‘tax gap’ by targeting large firms and wealthy individuals, HM Revenue and

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