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.

5 June 2024

AFRICA: African countries reap highest-ever fiscal benefits from tax transparency

Launched today at the 15th Meeting of the Africa Initiative in Lomé, Togo, Tax Transparency in Africa 2024: Africa Initiative Progress Report shows African countries collected more fiscal revenue through

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5 June 2024

EUROPE: New MiCA Rules Impact European Crypto Users

Binance has announced the implementation of new Markets in Crypto-Assets (MiCA) stablecoin rules, effective June 30, 2024, across the European Economic Area (EEA). These regulations will require stablecoins

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5 June 2024

US: US appeals court rejects SEC oversight rule for private equity, hedge funds

A U.S. appeals court rejected a Securities and Exchange Commission rule intended to give investors more transparency into private funds, but which the nearly $27 trillion industry said threatened to

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5 June 2024

ASIA: China’s Enhanced Beneficiary Owner Filing System

China’s new beneficiary owner filing measures require business entities, except individually owned businesses, to submit their beneficiary owner information starting November 1, 2024. A one-year grace

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5 June 2024

JERSEY: Tax regulations could tighten for American companies in Jersey

Jersey could tighten the rules on how it governs American companies based in the island for tax. The treasury said the regulations needed to match the Common Reporting Standard (CRS) – the global

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3 June 2024

EU: Indirect exporters to Europe urged to comply with EU carbon rules

EVEN COMPANIES that do not export to Europe will need to comply with the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM), the Philippine Exporters Confederation, Inc. (Philexport)

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3 June 2024

AFRICA: AfDB Joins African Carbon Markets Initiative to Empower Climate Action

Kariuki emphasized the necessity of financial innovation and the potential of raising climate finance through carbon markets, urging African countries to seize opportunities for trading carbon credits

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3 June 2024

HONG KONG: Hong Kong Orders Immediate Shutdown of Unlicensed Crypto Exchanges

Hong Kong has taken a hard stance against unlicensed cryptocurrency exchanges, issuing a directive for immediate shutdowns. The Securities and Futures Commission (SFC) of Hong Kong has disclosed that

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3 June 2024

EU: Developing economies bear the brunt of greening Europe through EU carbon taxes

African countries now have to pay a CO2 border tax when exporting to Europe and are burdened with a huge amount of paperwork before they’re even allowed to export to the EU. There is a risk that this

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3 June 2024

BERMUDA: Cryptocurrency Exchange Binance Inks $15 Million Investment Pact with Bermuda

Reports have confirmed that Bermuda’s Premier and Minister of Finance, David Burt has signed a memorandum of understanding (MOU) with Binance Group, the operator of the world’s largest cryptocurrency

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