Legislative Developments

The Powers of Attorney Act has been passed by Parliament in an effort to modernise the process for making and registering lasting powers of attorney (LPAs)

The Federation of Law Societies of Canada is challenging provisions of the country's Income Tax Act that require legal counsel to report confidential information about their client’s activities to the Canada Revenue Agency (CRA)

The world is falling dangerously short of the ambition that is needed to secure a safe future climate, according to new analysis by PwC

The Swiss Federal Council has concluded that there is "no sufficient political consensus" for the establishment of a Swiss trust

Dubai International Finance Centre (DIFC) has enacted amendments to its data protection regulations

The Commons has reversed all six amendments made by the House of Lords to the Economic Crime and Corporate Transparency Bill.

The Department of the Treasury and the Internal Revenue Service (IRS) has proposed regulations to require brokers to report sales and exchanges of digital assets by customers.

Dubai International Financial Centre (DIFC) has proposed the enactment of amendments to its foundations, trust, operating and employment laws

Swiss Finance Minister Karin Keller-Sutter informed the media of government proposals targeted at tackling money laundering, the Financial Times has reported

In in-depth look at some of the latest tax changes from August 2023...