Micro News

Micro News

 With recent changes to its legislation, Denmark has been the principal nation to require all organisations ad business to encrypt any messages and emails that contain delicate or sensitive personal information. The new regulation, is an extremely strict take on Article 9 of the recently approved EU…


The Jersey Court's decision in Heinriches v Pantrust 2018 gives essential directions on distinguishing the recognition and scope of sham. The case was a piece of a long-running case initiated by the present trustee and recipients of an optional Jersey-law represented trust against Panamanian trust organisation…


The international FATF (Financial Action Task Force) has been advised to clear up how its tax evasion standards relating to:  Cryptocurrency funding. Virtual currency suppliers. Other related organisations such virtual traders. After a gathering of G20 finance ministers last month, enthusiasm…


Singapore's Court of Appeal has affirmed that the country’s tax and legal experts can privately disclose taxpayers account data to external governments, because of an 'incognito' treaty made without the subject's knowledge. Singapore's Tax Controller has anticipated that it would make sense to satisfy…


Switzerland is known as world's largest global wealth management centre, overseeing almost USD 2 trillion in global assets and trading toward the end of last year, according to reports. However, this sum is 7% less than the 2010 figures, and the country is experiencing pressure from the UK, with USD…


The US has been pressured by the European Union to be placed on the blacklist of non-cooperative jurisdictions next summer of 2019 in the event that it neglects to change its Foreign Account Tax Compliance Act transparency regulations to meet EU benchmarks. As indicated by expert Accountants, the US…


Following the explanation from the UK government's situation on post-Brexit working rights by EU nationals last month, UK Financial Consultants have distributed instructions on some appropriate suggestions for managers. The status of the employees will be one of the key parts of Brexit arrangements,…


Rothschild Bank AG has been found to be in serious breach of Swiss anti-money laundering rules in its dealings with the Malaysian 1MDB sovereign wealth fund. It is the third Swiss bank, after BSI and Hawk, to be embroiled in a scandal, in which enormous sums of money were redirected from 1MDB into the…


The OECD's goal to achieve ultimately a global reporting register will reduce tax fraud and shirking, however the beginning of the automatic trading of data has brought about a reduction in individuals and corporations undertaking noteworthy measures in order to conceal or hide assets, a report has released. By…



Cyprus:
+357 25 02 50 34
Singapore:
+65 62 47 71 92
Russia:
+7 812 458 46 22
Skype:
eltoma.0015