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.

14 February 2024

AFRICA: BoG embarks on anti-money laundering actions to prevent blacklisting from EU, UK

The Bank of Ghana has indicated it is embarking on various anti-money laundering activities to avert another round of blacklisting from the European Union and the United Kingdom. Ghana in 2022 was removed

Read More
14 February 2024

SINGAPORE: Singapore’s carbon tax hike will drive innovation

Last month’s steep increase in Singapore’s carbon tax illustrates the commitment the country has made to bringing about a carbon-neutral future. Without government intervention and regulation,

Read More
13 February 2024

EUROPE: The European Commission answers questions about the 2040 climate target

The European Union is embarking on an ambitious journey to become the first climate-neutral continent by 2050, with a significant milestone set for 2040. The EU Climate Law mandates a reduction of net

Read More
13 February 2024

EUROPE: Cybersecurity remains the top risk for European banks on a 12 months horizon

For the second consecutive year, the EY and Institute of International Finance (IIF) Bank Risk Management Survey finds that cybersecurity is the top concern for European banking Chief Risk Officers

Read More
13 February 2024

Carey Olsen advises Strategic Risk Solutions on acquisition of Robus Group

Press Release from Carey Olsen, Tuesday 13 February, 2024.  Carey Olsen has advised Strategic Risk Solutions (“SRS”), the world’s largest independent insurance company manager, on

Read More
13 February 2024

CAYMAN ISLANDS: Cayman Islands removed from FATF and EU high-risk lists

In a significant development for the Cayman Islands, the jurisdiction has been removed from the Financial Action Task Force (FATF) list of countries needing to enhance their anti-financial crime measures.

Read More
13 February 2024

UK: Sunak pledges tax cuts amid ‘improved economic conditions’

Rishi Sunak has embraced the challenge of narrowing the gap between the Tories and Labour in the current polls. Speaking to the Times, the prime minister emphasised his commitment to tax reductions,

Read More
13 February 2024

MALTA: Malta wiped out €1.3 billion in foreign tax revenue in 2022

Malta’s tax system, often labeled as a haven for foreign shareholders, has resulted in the wipeout of a staggering €1.3 billion in foreign tax revenue in 2022, which amounts to almost 8% of GDP.

Read More
12 February 2024

ASIA: UN Investigating Crypto Attacks by North Korea Hacking Groups Totalling $3B

The United Nations (UN) is cracking down on North Korea’s suspected misuse of cryptocurrency, launching an investigation into hacking groups linked to the nation. These groups are accused of orchestrating

Read More
12 February 2024

EU: The EU has agreed on new financial rules to be adapted to each country’s situation

The Council and the European Parliament reached an agreement on the reform of the EU tax rules which, after four years of being frozen by the pandemicwill again limit the debt and deficit of the Member

Read More