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.

1 March 2024

HONG KONG: Hong Kong Unveils Budget Plan for Financial Sector

The Hong Kong government has announced its 2024 budget plan. Initiatives for the financial sector include enhanced preferential tax regimes for family offices. Hong Kong’s 2024-25 budget plan was

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1 March 2024

CAYMAN ISLANDS: Cayman Finance praises ground-breaking use of GitHub for consultation on proposed changes to virtual asset legislation

Press Release from Cayman Finance, Friday 1 March, 2024.  Cayman Finance is praising the Ministry of Financial Services for pioneering a first-of-its-kind legislative consultation process for proposed

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1 March 2024

ASIA: Asia hedge fund launches drop to lowest number in 14 years as China interest wanes

Only 62 new hedge funds launched in Asia last year, the lowest number since 2009 and just 15 were China-focused funds, data provider Preqin said. But Japan-focused funds more than doubled to 19. WHY

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1 March 2024

UK: Complex offshore tax avoidance scheme revealed by HMRC

A complex tax avoidance scheme that moves income offshore has been exposed by HM Revenue and Customs (HMRC) today (29 February 2024), with anyone who has joined the arrangement warned to get out of

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29 February 2024

US: US Regulatory Authorities Look to Increase Hedge Funds’ Transparency and Stability

In early February 2024, the Commodities Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) announced new disclosure rules. These rules will apply to hedge funds and to

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29 February 2024

CITIZENSHIP: Malta, Portugal Shine Brightest In Citizenship, Residency Programmes Ranking

The data sheds light on who is top of the tree in the citizenship and residency-by-investment schemes around the world. Malta and Portugal rank top in their respective categories. The Mediterranean

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29 February 2024

EUROPE: Three arrested in €2 billion money laundering probe

Police in three European countries on Tuesday arrested the masterminds behind an online money-laundering operation suspected of processing up to €2 billion, the continent’s judicial agency said.

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29 February 2024

EUROPE: European Parliament Takes Aim at Global Financial Secrecy in Landmark Pandora Papers Report

In a bold stride toward curbing global financial secrecy, the European Parliament has adopted a pivotal report in the aftermath of the Pandora Papers revelations, casting a spotlight on the intricate

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29 February 2024

HONG KONG: Hong Kong Raises Income Tax On Top Earners

Although the budget statement contained a variety of measures referring to work being carried out to bolster wealth management, for example, one eye-catching feature was a new top tax rate. Hong Kong’s

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29 February 2024

CHINA: China securities regulator to tighten scrutiny of derivatives, high-frequency trading

China’s securities regulator said on Wednesday it will tighten scrutiny of derivative businesses in the stock market, and announced punishment of a hedge fund company for excessive, high-frequency

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