Legislative Developments

As part of a six year-long investigation by the Swiss authorities, CHF 130 million in forfeited assets will be returned to Uzbekistan

While the current political focus is on the Conservative party leadership race, the threat of a Jeremy Corbyn led-government still looms.

As part of what appears to be a global shift towards tax transparency and ‘fair taxation’ the UK government has published the No Safe Havens 2019 policy paper, which follows on from the similarly named No Safe Havens 2013 and 2014 papers

Volaw Trust and Corporate Services Limited, now known as VG Trust and Corporate Services Limited, has lost its appeal against Jersey’s Attorney General.

The European Union (EU) Code of Conduct Group’s economic substance requirements came in legislation in certain non-EU jurisdictions at the beginning of 2019.

Justice Secretary David Gauke bought the Divorce Reform Bill to Parliament yesterday (13/06/19), meaning no fault divorce is one step closer to being inscribed into legislation.

The European Commission has referred Spain to the European Union’s Court of Justice for imposing disproportionate penalties on Spanish taxpayers for the failure to report assets held in other EU and EEA States

The UK’s Law Commission has launched a consultation into its current surrogacy laws.

The UK government’s consultation on the transposition of the EU’s fifth money laundering directive (5MLD) is set to close at 11.59pm on 10 June 2019

Singapore and the Hellenic Republic (Greece) have signed an agreement for the avoidance of double taxation (DTA)