All posts tagged "Tax"
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44Fintech / RegtechEl Salvador Becomes First Country to Allow Bitcoin as Legal Tender
El Salvador president Nayib Bukele is inviting bitcoin miners to set up at a state-owned geothermal facility powered by a volcano.
June 14, 2021 -
131AML / KYCG7 Leaders Commit to Acting on Corruption, Shell Companies
The communique highlights a need to tackle the misuse of shell companies and curtail the ability of illicit actors to hide wealth, including in real estate.
June 14, 2021 -
113FeatureG7 Finance Ministers Agree on 15pc Global Minimum Tax Rate
The global minimum tax will end the race-to-the-bottom in corporate taxation and ensure fairness for the middle class and working people, Janet Yellen said.
June 7, 2021 -
61IndiaRBI Enables Private Banks to Conduct Government Business
Revised RBI guidelines put in place a mechanism for private sector banks to apply for authorisation to conduct government business.
May 18, 2021 -
177Fintech / RegtechBOK Seeks Authority to Monitor Crypto Transactions – Report
The BOK plans to use existing authorities to monitor crypto transactions, amid fears that risks in the sector could flow to the broader financial system.
May 16, 2021 -
198Australia & NZAustralia Considers Making CDR Data More Portable
Under draft rules, accredited businesses would be able to share CDR data with their agents, or sponsor other parties to become accredited.
May 6, 2021 -
184AML / KYCUS Lawmakers Call for ‘War-like Footing’ Against Corruption
In a letter to Janet Yellen, two lawmakers have called for AML obligations to be expanded to hedge funds, private equity, and other professional enablers.
May 6, 2021 -
209Australia & NZAustralia: Tax Reforms Proposed to Support Financial Hub Ambitions
Under Senator Andrew Bragg's proposal, technology and finance business that relocate to Australia would pay concessional tax rate for seven years.
April 28, 2021 -
156JapanJapan Registers First Foreign Firm Through Dedicated ‘Entry Office’
The subsidiary of UK firm Affirmative Investment Management Partners registered to conduct investment advisory and agency business.
April 20, 2021 -
209ChinaIndian Court Lifts Freeze Order on ByteDance Bank Accounts
ByteDance is required to deposit around $10.6mn in a state-run bank, the amount tax authorities claim the company owes.
April 9, 2021
