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A dozen Labour MPs have joined a cross-party call for an “extreme wealth” tax in this month’s Budget. The MPs have written to chancellor Rachel Reeves to demand a new 2% tax on assets
The United States Senate will this week vote on the Anti-Money Laundering Act of 2020 as an amendment to the National Defense Appropriations Act. If this bill is passed, it will eliminate anonymous
The Hong Kong Monetary Authority (HKMA) has launched its Sustainable Finance Action Agenda, outlining a comprehensive strategy to reinforce Hong Kong’s standing as a leading sustainable finance hub
A new analysis by HMRC of undisclosed foreign income by UK residents published today has identified £400m of under-declared tax from offshore income, with 16% of individuals not reporting and paying
Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), recently highlighted the challenges of regulating artificial intelligence (AI) and cryptocurrencies in the financial sector.
Malta is at the centre of a brewing crisis with the European Union as it remains the last member state to operate the controversial “golden passport” scheme. This program allows foreigners
A climate and finance report by independent economists was toned down after feedback from G20 nations, even as the UN says they must all slash emissions. As UN chief António Guterres called on the
Press Release from Guernsey Finance, Tuesday 22 October, 2024. Speakers at the Guernsey Private Wealth Forum 2024 discussed how wealth holders are reacting to political and economic changes across the
Press Release from Carey Olsen, Friday 18 October, 2024. Carey Olsen and global investor services group, IQ-EQ, have supported Deep Blue Limited on the launch of DBUSD, Jersey’s first stablecoin.
The Financial Action Task Force has confirmed that it will overhaul how jurisdictions will be added to the organization’s grey-list. The announcement comes after Elisa de Anda Madrazo, the organization’s