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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
Gibraltar’s financial services watchdog will introduce the world’s first bespoke license for “fintech” firms using blockchain distributed ledger technology from next month in
The Federation of St. Kitts and Nevis will see a significant economic milestone, marking a year of robust economic growth and fiscal surplus in 2023. This achievement reflects the nation’s strong
The Treasury disbanded a unit tasked with offshore and non-dom tax policy weeks before announcing significant changes in the budget to the way foreign residents are taxed, sources have said. The unit,
A green trade row is spilling into the COP talks in Dubai, and Brazil has China’s support. Brazil has taken its green trade row with the European Union to this year’s global climate summit. The
The number of family offices in the world has tripled since 2019, setting off a new race among private equity firms, hedge funds and venture capital firms to attract their investments. According to
How is it that Africa’s most sophisticated, if not always largest, economy is still battling to get off the Financial Action Task Force’s (FATF) grey list because of its failures to combat money
U.S. President Joe Biden vowed Thursday to raise taxes on wealthy Americans and large companies, announcing plans in his State of the Union address to hike corporate minimum taxes and cut deductions