Blog

Bulletin 24

SPAIN: Spain’s Ministerial Order 319/2018 was issued on 21 March, requiring Spanish non-listed companies to disclose their ultimate beneficial owners to …

Bulletin 23

SWITZERLAND: The Swiss authorities have charged three Germans with industrial espionage and violating bank secrecy, alleging the suspects passed Swiss …

Bulletin 22

VIRTUAL CURRENCIES: The Bank of England has become the latest of many financial institutions to demand closer regulation of the cryptocurrency sector. Th…

Bulletin 21

EU: The Bulgarian EU presidency organised an informal meeting in Sofia on 27 & 28 April, where the EU finance ministers discussed a renewed approach for …

Bulletin 20

FRANCE: French Prime Minister announced the government will publicly name people ‘guilty of the worst cases of tax fraud’, and will punish tax advisors …

Bulletin 19

MALTA: Regulations came into force in Malta on 01/01/2018 to implement the beneficial ownership disclosure provisions of the EU Fourth Anti-Money Launder…

Bulletin 18

UK: Banks could handle ‘disorderly Brexit’. For the first time since the financial crisis, all of the UK’s biggest lenders have passed the Bank’s stress …

Bulletin 17

SWISS BANKING: The Geneva private banking subsidiary of HSBC has paid the French authorities EUR300 million to settle allegations that it assisted French …

Malta’s tax debacle

Doubts being aired internationally about Malta’s tax regime will not go away. Although our critics do not have any moral high ground to stand on, the …

Bulletin 16

CORPORATE TAXATION: A progress report on the OECD’s Base Erosion and Profit Shifting (BEPS) project has identified 20 jurisdictions that operate ‘harmful’..

Bulletin 15

IRELAND: The Irish government has launched a public consultation on corporate tax policy. It follows the publication in September of the government…

Bulletin 14

SWITZERLAND: The Swiss government has re-launched its proposals for business tax reform, the so-called Tax Proposal 17, which aims to attract …

Bulletin 13

GUERNSEY: The Beneficial Ownership of Legal Persons (Guernsey) Law 2017 came into force on 15 August, and the associated limited-access electronic …