All posts tagged "Treasury"
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401AML / KYCBiden Executive Order Amends, Clarifies China Blacklist
The revised EO is clearer, addresses many of the problem areas in the old EO, and is more enforceable, says Nick Turner at Steptoe & Johnson.
June 4, 2021 -
137EuropeG7 Close to Deal on Global Minimum Corporate Tax Rate
A US Treasury's proposal to accept a global minimum corporate tax rate of 15% has reportedly been met with enthusiasm in Europe.
May 25, 2021 -
71AML / KYCUS Treasury Paper Outlines Proposal for New Tax Reporting Regime
The paper proposes that transfers involving crypto assets worth more than USD 10,000 be reported to the IRS under the new reporting regime.
May 25, 2021 -
137ChinaUS Postpones Investment Ban on ‘Chinese Military Companies’
The two-week delay is needed to craft a stronger policy to prohibit trades in companies connected to the Chinese military, including to evaluate the companies on the list.
May 20, 2021 -
68Australia & NZAustralia to Allow SMEs to ‘Pause’ Recovery of Tax Debt in Dispute
Applying to the Administrative Appeals Tribunal to pause the ATO's debt recovery actions will save small businesses on court and legal fees.
May 13, 2021 -
200AML / KYC
US Court Lifts Investment Ban Against Luokung Technology Corp
Separately, China Mobile, China Unicom and China Telecom have lost their appeals of a NYSE decision to delist their shares.
May 11, 2021 -
103Australia & NZAustralian Proxy Voting Reforms Under Fire
ISS says Australian Treasury consultation “premised on a misguided notion”, argues against five-day comment period for companies.
May 11, 2021 -
198Australia & NZ
Australia 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 / KYC
US 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 -
94Australia & NZAustralia Enhances Super Fund Performance Test in Draft Bill
Industry bodies broadly support the inclusion of administrative fees in the performance test, though an extra one million super accounts could fail the test as a result.
May 5, 2021
