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.

26 April 2024

CARIBBEAN: Caribbean countries set a threshold of 2 lakh dollars for Citizenship by Investment programs

Citizenship by Investment (CBI) schemes offer foreign citizens citizenship or resident rights in exchange for local investments or a flat fee in many countries. Citizenship by investment allows affluent

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26 April 2024

EU: EU Carbon Tax Creates Challenges for Some Developing Economies

The EU carbon border adjustment mechanism, or CBAM, represents a significant step in global efforts to address climate change. It’s been introduced in a transitional phase which started on Oct. 1,

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26 April 2024

REGULATION: Trial Commences for Panama Papers Money-Laundering Case

The trial of 27 individuals, including the founders of Mossack Fonseca, tied to the Panama Papers scandal commences in Panama. This trial will shed light on global financial deceit and spark a broader

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26 April 2024

US: Biden’s 44% Crypto Tax Plan Faces Fierce Opposition

President Joe Biden’s administration has presented a disputable idea to impose a 44% tax on cryptocurrency transactions. This policy, whose purpose is to bring more revenue into the government treasury,

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26 April 2024

US: IRS Warns High-Net-Worth Individuals of Elaborate Schemes

The Internal Revenue Service has wrapped up its annual Dirty Dozen campaign, which it self-proclaims as “the worst of the worst” tax scams. The last few scams in the series leave a lot to be unpacked.

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26 April 2024

UK: HMRC to engage on non-dom changes, while Labour considers investment incentive

HMRC is running a series of external engagement events across May 2024 to hear views on the non-dom policy changes that were announced at Spring Budget 2024. Anyone who wants to attend any of the sessions

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25 April 2024

HEDGE FUNDS: Equity and multi-strategy hedge funds lead Q1 2024 recovery

Hedge funds kicked off 2024 with their “best quarter since the pandemic”, according to data from the Citco group of companies. Equity and multi-strategy funds led the charge, with a weighted average

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25 April 2024

TAX: New ethical guidelines for tax professionals announced following global scandals

Following years of global tax scandals, including ICIJ’s Paradise Papers and Pandora Papers investigations, a global accountants’ ethics board has released a new set of standards for tax professionals,

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25 April 2024

Carey Olsen advises Hipgnosis Songs Fund on proposed US$1.4 billion takeover

Press Release from Carey Olsen, Tuesday 23 April, 2024.  Carey Olsen’s corporate team in Guernsey is advising Hipgnosis Songs Fund Limited (“Hipgnosis”), a Guernsey-registered, GFSC-regulated

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25 April 2024

US: New Tax Law Fuels Worries of Georgia Becoming Black Money Hub

As tensions flare over Georgia’s foreign agents bill, the ruling party rushes through a controversial tax law, fueling fears that the country will become a black money hub to benefit the party’s

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