On the 8th of November 2019, the Council agreed to remove Belize from the EU’s list of non-cooperative tax jurisdictions. Belize has passed the necessary
The OECD has warned no-tax and nominal-tax jurisdictions that they must prove they are meeting its new ‘substantial activities’ standard through spontaneously reporting the activities
The global Financial Action Task Force (FATF) has published best practice guidance on establishing beneficial ownership of legal persons such as companies, foundations and associations.
At the end of September, the Swiss government announced its commitment to phasing out so-called Bearer Shares. From the 1st November, the Federal Act on
The Government of the Cayman Islands has announced last week its intention to introduce a public register of beneficial ownership, in line with evolving standards
European Union finance ministers are set to remove the United Arab Emirates (UAE) and Switzerland next week from the bloc’s lists of countries deemed to