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.

24 May 2024

Binance Tax Evasion Case Adjourned After Executive No-Show

Nigeria’s tax handling agency, Federal Inland Revenue Service (FIRS), filed a tax evasion case against Binance Holdings Limited earlier this year. The case, set for a Federal High Court in Abuja,

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24 May 2024

SINGAPORE: Singapore issues S$2.5 billion green bonds

The Singapore government returned to the Singapore dollar bond market on May 21 with another issuance of green bonds amounting to S$2.5 billion (US$1.85 billion). This is Singapore’s third offering

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24 May 2024

UK: IMF warns Tories against further UK tax cuts

Amid a higher debt burden, U.K. should not be considering pre-election tax cuts, forecaster says. The International Monetary Fund advised Chancellor Jeremy Hunt against additional tax cuts in its annual

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24 May 2024

UAE: corporate tax registration deadlines approaching: initial steps towards compliance

To ease the compliance burden, several exemptions and relief measures have been introduced. On June 1, 2023, the UAE implemented the Corporate Tax law, significantly transforming the tax landscape for

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24 May 2024

SWITZERLAND: Switzerland strengthens anti-money laundering framework

New measures to tackle money laundering, tax evasion and terrorist financing are likely to come into effect in early 2026. The Swiss Federal Council has adopted a series of measures to be submitted

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24 May 2024

CYPRUS: Astons Unveils Exceptional Cyprus Real Estate Investment Opportunities with Enhanced Golden Visa Benefits

Astons, a global investment residency and luxury real estate leader, is thrilled to introduce its premier Cyprus real estate investment opportunities. These meticulously selected properties are not

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24 May 2024

EU: ESG fund reclassifications likely delayed until 2025, data shows

EU ESG fund reclassification is expected to stall until 2025 after halving since its Q1 2023 peak, as the June elections delay any overhaul of the EU’s Sustainable Finance Disclosure Regulation (SFDR)

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24 May 2024

CYPRUS: EU Commission takes aim at Cyprus over tax, transparency and data law compliance

The European Commission has launched infringement procedures against Cyprus concerning its implementation of three key pieces of EU legislation. Firstly, Cyprus is one of six member states yet to implement

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24 May 2024

EU: EU Tax Observatory eyes broader G20 support for minimum tax on billionaires

A minimum tax on billionaires is likely to gain wider traction among the G20 group of the world’s largest economies as they get clarity on the proposal, French economist Gabriel Zucman of the independent

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24 May 2024

US: Ethereum ETFs approved by the SEC

The crypto ecosystem is abuzz following the stunning announcement from the SEC: the approval of Ethereum ETFs. This decision, which could redefine institutional investors’ access to digital assets,

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