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In recent years, there has been a significant surge in the number of family offices worldwide, tripling since 2019 and triggering intensified competition among private equity firms, hedge funds, and
Switzerland on Wednesday said it had drafted new rules to tighten perceived cracks in its money laundering regulations, holding lawyers and consultants accountable for reporting risks and stepping up
The government is seeking to clampdown on dodgy tax agents with plans to strengthen the regulatory framework and even create an independent regulator. The objective is to drive out those who offer their
South Korea is gearing up to launch a crypto-focused asset management system by 2025 to curb tax evasion, as reported by local news. Following the approval of Bitcoin ETF trading in the US, investment
Press Release from Carey Olsen, Tuesday 12 March, 2024. Carey Olsen is pleased to announce that Yan-Xia Rogers has returned home to Bermuda to join the firm’s corporate team. Yan-Xia will specialise
The value of Bitcoin has reached a new high, just days after the previous record was broken. On Monday morning one Bitcoin, the best-known cryptocurrency, could buy $72,219 (£56,303). The price of
In his Spring Budget, delivered on 6 March 2024, the Chancellor announced sweeping reforms to replace the current tax regime for UK resident, non-UK domiciled individuals with a system based purely
European Union finance ministers on Monday set out priorities for creating a Capital Markets Union over the next five years to attract private capital to Europe and help fund the costly transition to
In a significant move to enhance the Internal Revenue Service’s (IRS) capabilities, President Joe Biden has proposed a $12.3 billion budget for the IRS in fiscal year 2025. This funding level matches
Digital bank Monzo is being investigated by the Financial Conduct Authority (FCA) over potential breaches of financial crime regulations, the bank has disclosed. The financial watchdog sent letters