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.

21 May 2024

UK: Labour plans ‘relentless’ new £36bn tax raid by hiring 5,000 new HMRC snoops

Labour is refusing to tell us which taxes it will increase if it wins the general election, but one thing is sure – in its own words, it’s going to be “relentless”, says Harvey

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21 May 2024

ASIA: MAS, China’s central bank plan further collaboration in green finance

The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBOC) are planning to advance cooperation in green and transition finance between China and Singapore. The central banks discussed

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21 May 2024

US: New US Treasury strategy targets crypto scams and real estate money laundering

The U.S. Treasury Department will seek to operationalize use of the country’s new beneficial ownership information database by law enforcement and finalize moves to clamp down on real estate money

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21 May 2024

SWITZERLAND: World Bank Issues Digital Bond in Switzerland on the Blockchain

The World Bank priced the first CHF digital bond by an international issuer, which will settle using Swiss Franc wholesale Central Bank Digital Currency (wCBDC) provided by the Swiss National Bank (SNB).

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21 May 2024

US: Treasury Secretary Janet Yellen makes decision on call for global tax on billionaires

America will oppose a proposed global tax on billionaires, Treasury Secretary Janet Yellen has confirmed. Ministers in France, Brazil and other nations have been pioneering an idea to tip the economic

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20 May 2024

Four Carey Olsen lawyers star in Asian Legal Business Offshore Client Choice 2024

Press Release from Carey Olsen, Monday 20 May, 2024.  Carey Olsen Singapore partner Helen Wang and counsel Kate Lan, Rebecca Lee and Amelia Tan have been featured in the Asian Legal Business (ALB)

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20 May 2024

SINGAPORE: Singapore tightens grip on digital payment token providers

The MAS of Singapore has recently announced stringent AML and CFT controls on digital payment token (DPT) service providers. According to Moody’s, these regulatory changes aim to mitigate the risk

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20 May 2024

HONG KONG: Hong Kong’s family office measures succeed in attracting global interest

Hong Kong’s tax breaks and immigration policies to attract tycoons to set up family offices have been quite successful, as they have piqued the interest of many billionaires over the past year,

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20 May 2024

GREECE: Greece legislates tax and pension reforms

Greek lawmakers early on Monday approved new tax and pension reforms, a move the left-led government hopes will help unlock fresh bailout funds under a financial lifeline worth up to 86 billion euros

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20 May 2024

EU: EU outlines plans to make multinationals pay their share of tax

The European Commission outlined plans on Wednesday to limit how much multinational companies can reduce taxes on their European earnings through the use of creative accounting. The Commission, set

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