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.

19 August 2024

AFRICA: New international tax laws on the cards South Africa

National Treasury has several Bills open for public comment, which could benefit South Africans with offshore investments. National Treasury recently published draft Tax and Revenue Law amendment Bills,

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16 August 2024

AFRICA: Over $2 trillion investment needed for Africa’s green sector

BCG’s report on Africa Climate Finance reveals that only 12% of the $2.4 trillion investment needed by 2030 has been met. Only 12% of the $2.4 trillion investment needed by 2030 for climate financing

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16 August 2024

IRELAND: Ireland tops rankings of best citizenships for HNWs

The 2024 World Citizenship Report HNW reveals a shift in priorities that reflects a broader trend for overall well-being in a time of geopolitical insecurity. Switzerland, known for its stability, economic

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16 August 2024

PANAMA: Panama to join international tax convention on Thursday – OECD

Panama will take a big step towards ending its status as an offshore tax haven on Thursday by signing a multilateral convention to share foreign taxpayer details with other governments, the OECD’s

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16 August 2024

UK: Labour Announces Crackdown On Tax Dodgers To Plug £2bn Spending Hole

Labour has revealed it will plug the £2bn hole in its spending commitments by cracking down on tax dodgers. Keir Starmer and shadow chancellor Rachel Reeves have promised a Labour. government will

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16 August 2024

CRYPTO: Binance registers as ‘reporting entity’ in India after $2.25 million fine

Binance has registered as a “reporting entity” with India’s Financial Intelligence Unit (FIU), allowing the world’s largest cryptocurrency exchange to operate in India after being blocked since

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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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