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.

5 June 2024

ASIA: China’s Enhanced Beneficiary Owner Filing System

China’s new beneficiary owner filing measures require business entities, except individually owned businesses, to submit their beneficiary owner information starting November 1, 2024. A one-year grace

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5 June 2024

JERSEY: Tax regulations could tighten for American companies in Jersey

Jersey could tighten the rules on how it governs American companies based in the island for tax. The treasury said the regulations needed to match the Common Reporting Standard (CRS) – the global

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3 June 2024

EU: Indirect exporters to Europe urged to comply with EU carbon rules

EVEN COMPANIES that do not export to Europe will need to comply with the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM), the Philippine Exporters Confederation, Inc. (Philexport)

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3 June 2024

AFRICA: AfDB Joins African Carbon Markets Initiative to Empower Climate Action

Kariuki emphasized the necessity of financial innovation and the potential of raising climate finance through carbon markets, urging African countries to seize opportunities for trading carbon credits

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3 June 2024

HONG KONG: Hong Kong Orders Immediate Shutdown of Unlicensed Crypto Exchanges

Hong Kong has taken a hard stance against unlicensed cryptocurrency exchanges, issuing a directive for immediate shutdowns. The Securities and Futures Commission (SFC) of Hong Kong has disclosed that

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3 June 2024

EU: Developing economies bear the brunt of greening Europe through EU carbon taxes

African countries now have to pay a CO2 border tax when exporting to Europe and are burdened with a huge amount of paperwork before they’re even allowed to export to the EU. There is a risk that this

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3 June 2024

BERMUDA: Cryptocurrency Exchange Binance Inks $15 Million Investment Pact with Bermuda

Reports have confirmed that Bermuda’s Premier and Minister of Finance, David Burt has signed a memorandum of understanding (MOU) with Binance Group, the operator of the world’s largest cryptocurrency

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31 May 2024

AFRICA: Investor Interest Surges Amid South Africa’s Fintech Expansion

South Africa’s fintech sector is experiencing rapid growth and attracting significant investment, establishing the country as a leader in African financial innovation, according to Antonia Bothner,

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31 May 2024

GREEN FINANCE: IFS and PwC Join Forces to Help Customers Comply With New Sustainability Regulatory Requirements

IFS, the leading technology firm focused on cloud and industrial AI software, is collaborating with professional services firm PwC, to bring a new Sustainability Management Solution to market. The initiative

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31 May 2024

US: US Treasury Calls for Collaboration with NFT Industry to Combat Fraud

The US Treasury Department has taken a significant step towards addressing the burgeoning world of Non-Fungible Tokens (NFTs) by recommending closer collaboration between the government, industry stakeholders,

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