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.

22 January 2024

AUSTRALIA: ‘Golden visa’ scheme for wealthy investors axed

Australia has axed its so-called “golden visa”, which granted wealthy overseas investors the right to live in the country. Designed to attract foreign business, it was cut in an immigration

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20 January 2024

CARIBBEAN: Caribbean Nations Are Hoping to Keep Their ‘Golden Passport’ Programs Amid Crackdowns on the Schemes

In recent years, so-called golden-passport programs have come under increased scrutiny. But a handful of nations are hoping that they’ll be allowed to continue. For five Caribbean countries, citizenship

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20 January 2024

US: Wealth Tax Bill Gets Hearing in California

State lawmakers in California will convene Wednesday to debate Assembly Bill No. 259, a piece of progressive legislation introduced last year that would impose a worldwide wealth tax on residents with

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20 January 2024

FINTECH: Crypto industry bats for tax reductions, regulatory tightening of offshore exchanges

Letters sent out to the finance ministry last month by Bharat Web3 Association and CoinDCX highlighted concerns over the 30 percent VDA tax burdening small Web3 and crypto businesses and the need for

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20 January 2024

GREEN FINANCE: Asset managers’ backing of ESG resolutions falls to three-year low

Asset managers backing resolutions on important environmental and social issues as company shareholders has fallen to a three-year low, according to a ShareAction report. Only eight out of 257 resolutions

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20 January 2024

AML: Clyde & Co fined £500,000 for anti-money laundering failures

Clyde & Co has been fined £500,000 after the firm and its former star shipping partner admitted breaching anti-money laundering regulations. Ed Mills-Webb, who was Chair of the Marine Global Practice

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20 January 2024

FINTECH: Crypto Hedge Funds Poised to Revolutionize Alternative Asset Investing

A game-changing shift is underway as roughly half of U.S. and European asset managers are embracing digital asset custody. Despite regulatory concerns, many experts including CKC.Fund contend that institutional

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20 January 2024

INTERNATIONAL TAX: UN Asks OECD To Study Human Rights Impact Of Tax Plans

Experts from the United Nations asked the OECD in a letter to study how its plans for a global minimum tax and a reallocation of large companies’ tax payments could impact human rights, claiming

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20 January 2024

FINTECH: Global fintech investment plummeted 48% in 2023, according to new data by Innovate Finance

The total global investment flowing into fintech reached $51.2 billion in 2023, a 48% drop from the previous year’s figure of $99 billion, according to data from UK industry body Innovate Finance.

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20 January 2024

EU: Greens chief warns new debt rules will strengthen EU far right, Putin

Ahead of a vote in the European Parliament on new debt rules for EU countries, the Greens co-president Philippe Lamberts warned against the “end of the European Union as we know it” in a worst-case

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