News & Publications

Legal News

In addition to publishing newsletters on a regular basis, Edlescher issues advisories and alerts to keep our clients informed of breaking news and legal developments.

To receive our publications, please email info@edlescher.com.

26 June 2025

CYPRUS: Cyprus readies sweeping tax reform to fight evasion, ease burdens

Cyprus is preparing a sweeping tax overhaul that will broaden the tax base, toughen enforcement and ease the burden on households and businesses, officials familiar with the draft legislation said.

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26 June 2025

EU: EU to simplify carbon tax at borders for most companies

EU institutions agreed Wednesday on a legislative simplification plan that will remove the majority of companies from the scope of the carbon tax at the border. The European Council announced that an

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26 June 2025

EU: EU eyes higher fees on US, British tourists to repay post-Covid debts

British and American tourists could pay higher fees to enter the EU under a plan to boost the bloc’s tax revenues. The EU is considering taxing foreign travelers to pay back part of the €350 billion

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26 June 2025

SOUTH AFRICA: SA edges closer to getting off global ‘grey list’ after completing key reforms

South Africa is one step closer to leaving the FATF grey list as it has completed all required reforms and now awaits a final on-site visit before possible removal at the October 2025 meeting. In 2023,

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26 June 2025

US: Democrats press Pfizer, J&J and others over low tax bills and lobbying as Senate debates Trump’s plan

Two Democratic lawmakers on Tuesday pressed five of the nation’s largest pharmaceutical companies about their low tax bills and whether they support extending massive tax cuts for the industry

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26 June 2025

UAE: UAE Central Bank fines exchange house Dh200m for breaking anti-money laundering rules

An exchange house has been fined Dh200 million ($54.45 million) by the UAE Central Bank for breaching anti-money laundering regulations, as the fight against illegal financial activity continues. The

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26 June 2025

US: US Senate Democrats cross the aisle to help Republicans pass crypto bill

The Senate passed legislation on Tuesday that would regulate a form of cryptocurrency known as stablecoins, the first of what the industry hopes will be a wave of bills to bolster its legitimacy and

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26 June 2025

CARIBBEAN: US Powerful Travel Ban Threatens Caribbean Citizenship by Investment Programs

The United States has imposed a powerful travel ban that threatens the Caribbean Citizenship by Investment (CBI) programs, impacting nations such as Antigua and Barbuda, Dominica, Grenada, Saint Kitts

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26 June 2025

CAREY OLSEN: Carey Olsen advises on launch of Thornbridge’s new cellular fund platform

Press Release from Carey Olsen, Friday 20 June, 2025. Carey Olsen has advised on the launch of Fundline PCC Limited (“Fundline”), a Class B authorised investment scheme approved by the Guernsey

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26 June 2025

UK: Rich and tax evaders are keeping £46bn a year due to HMRC failures

The UK’s tax gap has widened according to latest figures from HM Revenue & Customs (HMRC). New data from HMRC shows that the UK missed out on £46.8bn of tax liabilities in the 2023-2024 financial

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