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.

15 August 2024

FUNDS: Institutions Are Deferring Hedge Fund Investments Until 2025

Institutional investors still like to invest in hedge funds but they are less enthusiastic about them right now and holding back allocations to those strategies until next year, according to Preqin’s

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15 August 2024

US: Hindenburg alleges SEBI chair held stake in Adani-linked funds

New developments have emerged in the Adani-Hindenburg row that began in January 2023 with the release of the first report by the US-based short-selling investment firm Hindenburg Research that alleged

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14 August 2024

AUSTRIA: Austria aims to open up on bank secrecy within weeks

Austria aims to agree within weeks to give other European Union countries access to foreigners’ bank account details, Chancellor Werner Faymann said on Saturday, allowing the bloc to begin talks

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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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14 August 2024

MAURITIUS: Mauritius Regulator Denies Offshore Fund Link, Rejects Hindenburg’s ‘Tax Haven’ Claim

The Financial Services Commission of Mauritius said on Tuesday that the offshore fund involved in the conflict of interest allegations made by Hindenburg Research is not based in Mauritius. The FSC

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14 August 2024

CITIZENSHIP: Increasing Numbers of Wealthy Individuals Migrating to Take Advantage of Tax Incentives

A record 128,000 individuals with a net worth exceeding €1 million are projected to relocate this year, surpassing last year’s high of 120,000, as reported by UK-based consultancy Henley & Partners.

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13 August 2024

WEALTH TAX: Plan to tax super-rich divides at G20 meet in Rio

Brazil’s vision for a global deal to tax the ultra-rich sparked divisions Thursday at a meeting of G20 finance ministers in Rio de Janeiro, where Washington dismissed the need for an international

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13 August 2024

GREEN FINANCE: New report highlights innovative approach to finance for Commonwealth SIDS

Today, the Commonwealth Secretariat and Cambridge University’s Centre for Resilience and Sustainable Development (CRSD) unveiled the final report for “Their Future, Our Action and the COMPASS

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13 August 2024

UAE: Strengthening UAE anti-money laundering laws key to tackling evolving threat

The UAE’s amended anti-money laundering laws signal a “transformative shift” in the country’s approach to financial crimes and shows authorities are not “resting on their laurels”,

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12 August 2024

TRADE: Developing Nations Ditch U.S. Dollar for Local Currencies

Central banks across many developing nations are increasingly moving their reserves into gold and local currencies, reducing their reliance on the U.S. dollar. This shift is driven by concerns over

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