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 June 2024

EU: ESAs Propose Improvements To The Sustainable Finance Disclosure Regulation

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today published a joint Opinion on the assessment of the Sustainable Finance Disclosure Regulation (SFDR). The ESAs call for

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19 June 2024

HONG KONG: Hong Kong To Debut Special Crypto License Amid Low Tax Rate Advantage

Hong Kong is gearing up to roll out a special licensing system for cryptocurrency-to-fiat exchanges. This move aims to make the city an attractive destination for virtual asset investments thanks to

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19 June 2024

SWITZERLAND: HSBC’s Swiss private banking arm breached money-laundering rules, regulator finds

HSBC’s Swiss private banking arm breached money-laundering rules by failing to carry out adequate checks on the high-risk accounts of two politically exposed individuals, Switzerland’s banking regulator

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19 June 2024

US: Younger Investors Prefer Crypto, Private Equity, and Hard Assets to U.S. Stocks, Study Finds

Wealthy, younger investors have a very different view of the best way to invest than their older peers, preferring real estate, cryptocurrencies and digital assets, and private equity to U.S. stocks,

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18 June 2024

ST KITTS: St Kitts and Nevis Government Strengthens the Citizenship by Investment Programme Through Introduction of a New Act

The National Assembly successfully passed the Citizenship by Investment Unit Act, 2024 in a landmark sitting of the National Assembly on Friday, 14 June. The Citizenship by Investment Unit Act, 2024

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18 June 2024

EU: EU exec proposes new withholding tax rules to attract investors

The European Commission on Monday proposed changes to the way investors pay withholding tax in the European Union, to attract more cross-border trade in securities and help develop the bloc’s

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18 June 2024

US: IRS Takes Aim at a $50 Billion Loophole for Wealthy Taxpayers

The IRS announced Monday that it plans to eliminate a loophole used by large, complex partnerships to avoid taxes – a move that could raise more than $50 billion over the next decade. The tax agency

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18 June 2024

UK: Number of wealthy individuals suspected of ‘serious tax evasion’ almost doubled says Pinsent Masons

The number of wealthy individuals HMRC suspects of ‘serious tax evasion’ jumped 95% to 172 individuals in the last 12 months*, up from 88 in the previous year, says multinational law firm Pinsent

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13 June 2024

EU: Europe steps up its fight against fraud

European watchdogs have long been focusing on enforcement against corporate crime with a great focus on anti-corruption, economic sanctions and money laundering. In recent years, a new focus is emerging

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13 June 2024

AFRICA: Arbitration is fast becoming the frontrunner for ESG-related disputes in Africa

The first edition of Johannesburg Arbitration Week highlighted the growing attraction of arbitration as a means to resolve ESG disputes throughout the African continent, write Jonathan Ripley-Evans

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