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Press Release from Carey Olsen, Friday 11 July, 2025. Carey Olsen’s corporate team in the Cayman Islands has advised Mexico-based digital bank Klar on its US$190 million Series C funding round,
The European Commission is exploring a potential EU-wide tobacco levy to help fund its next long-term budget, according to a German government report seen by Euractiv. The idea, still in early stages,
Chinese tax authorities are stepping up efforts to ensure households declare and pay taxes on overseas income, as part of a broader initiative to enhance cross-border tax transparency and bring China’s
The European Commission has introduced a bold new Recommendation on Tax Incentives aimed at accelerating the EU’s clean industrial transition, reinforcing its ESG agenda and long-term carbon neutral
EU accelerates negotiations with US, requesting immediate 50% import tariff relief without waiting for a final agreement, before August 1 deadline, fearing impact on steel and automotive industries
Hester Peirce, head of the US Securities and Exchange Commission’s (SEC) Crypto Task Force, said that putting securities on a blockchain “does not have magical abilities to transform the nature
The four wealthiest individuals in Africa hold more combined wealth than roughly half of the continent’s 750 million people, according to a new report by anti-poverty charity Oxfam. The findings highlight
Downing Street has left open the door to higher taxes on the wealthy to close a growing UK fiscal hole, as the Treasury promised to “protect working people” in what is expected to be a painful autumn
Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE) and Chairman of the National Committee for Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations,
The introduction of a new bill designed to launch a ‘smarter’ AML/CFT framework that puts businesses first while clamping down on criminal activity has been approved by the Cabinet. Associate Justice