Millions of people around the globe have funds in cryptocurrencies, with billions of dollars now invested.  The nature of these funds is invariably secretive and non-national based.  They present distinctive challenges for family courts around the world in[...]

Economic downturn, rising interest rates, ongoing geopolitical tensions and shifting regulatory considerations will make this year a tough one for businesses. Preparedness will be key to ensuring business resilience. In this feature, we explain some of the key risks facing[...]

January 2023 has seen some significant changes to the BVI Business Companies legislation that has come into effect, providing a pathway for stakeholders to obtain disclosure of the financial position of BVI companies and to identify those in management positions.

Based on case law of the European Court of Justice, a cross-border demerger was already considered possible, but due to uncertainty on the applicable regulations and conditions not widely implemented in legal practice. With the introduction of new legislation in 2023, this[...]

31 January is the deadline for compliance With the Economic Crime Act.

We outline common incorrect statements regarding the application of the US-UK income tax treaty and the impact on US and UK tax planning.

Family-owned businesses are crucial to growth and economic performance of the UAE economy. These businesses contribute significantly to the country’s Gross Domestic Product (“GDP”). According to the United Arab Emirates (“UAE”) Ministry of[...]

The draft legislation on the revised foreign-sourced income exemption (FSIE) regime in the Hong Kong SAR (Hong Kong) was released together with the administrative guidance from the Inland Revenue Department (IRD) on 28 October 2022. Subsequently, certain amendments to the[...]

The IBSA discussion group meeting held at Farrer & Co on Tuesday was a fascinating insight into the economic, fiscal and, at times, political outlook following last week’s UK Budget announcements. 

In a judgment dated 22 November 2022, the European Court of Justice (ECJ) has decided that open public access to the beneficial owner registers of EU member state companies is no longer valid, as it is in contravention of articles 7 and 8 of the Charter of Fundamental[...]