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.

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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12 August 2024

EU: The Spain-Paraguay agreement to avoid double taxation and tax evasion comes into force

On October 14, the Agreement between Spain and Paraguay to avoid double taxation and to prevent tax evasion or avoidance in matters of income taxes will come into force. The objective of this Agreement,

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12 August 2024

US: U.S. new proposal for global corporate tax level a step to a deal at G20 -EU

EU Tax Commissioner Gentiloni and Commission Vice President Dombrovskis speak on business taxation in the EU, in Brussels. The latest U.S. proposal for a global corporate minimum tax of at least 15%,

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12 August 2024

IRELAND: Ireland “disagrees profoundly” with EU on Apple tax bill

Ireland disagrees profoundly with the European Commission’s ruling against its tax dealings with Apple Inc, Finance Minister Michael Noonan said on Tuesday ahead of seeking cabinet approval to

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9 August 2024

UK: UK to Introduce Law to Regulate ESG Ratings Providers

The UK government will introduce legislation aimed at regulating ESG ratings providers in 2025, according to a speech Wednesday by Chancellor of the Exchequer Rachel Reeves, and confirmed today in a

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