Legislative Developments

South Africa’s Companies and Intellectual Property Commission has announced that compulsory registration of trust and beneficial ownership (BO) will take effect on 1 April 2023

Digital assets are beginning to gain legal recognition in the UK and other jurisdictions, demonstrating their growing importance to the financial ecosystem

Tax consequences on family business transfers can vary in the millions based on location, according to KPMG's annual Global Family Business Tax Monitor report

The age for marriage and civil partnerships in England and Wales has risen to 18 under a law to tackle forced marriages

The UK government has confirmed that it will not discontinue its Register of Overseas Entities (ROE) despite a November 2022 ruling of the Court of Justice of the European Union (CJEU) that public registers of beneficial ownership of companies within the territory of member states should be closed to the public

Elderly fraud victims are facing a “tidal wave of scams” with losses of over £1 million a day, new figures uncovered by the Liberal Democrats have revealed

The past week has seen two EU governments – Ireland and Portugal – announce plans to shut down their ‘golden visa’ investor programmes

The Solicitors Regulation Authority (SRA) board has agreed the final rules which will bring the Solicitors Indemnity Fund (SIF) under its control to ensure future consumer protection for post six-year negligence claims

Portugal is the next to end its Golden Visa scheme, its Prime Minister Antonio Costa announced in a press conference on 15 February

The government of the British Virgin Islands (BVI) has called for the Organisation for Economic Co-operation and Development (OECD) to review its global tax transparency rating