Micro News

Micro News

According to financiers, a boom in the global art market has delivered some extremely lucrative returns in recent years, drawing new investment to the alternative asset and wealth collection, although art collectors warm that the market is often impervious, unregulated and sometimes extremely illiquid. Prior…


Cryptocurrency exchanges in Australia must now follow money laundering rules published by the Australian Transaction Reports and Analysis Centre, being known more colloquially as AUSTRAC. Going forward, they must: Verify the identities of all clients. Report any suspicious matters. Report transactions…


The French tax authorities have confirmed that the deadline for non-residents to declare liability to the new real estate tax Impôt sur la fortune immobilière will be on May 17th 2018, next week. The date may be different between paper hard copies and online filing and will also depend on the location…


The Isle of Man’s Chief Minister has told the Manx Parliament's Economic Policy Review Committee about how the island 'faces a very real danger of being put on the European Commission's blacklist of non-cooperative jurisdictions'. Unfortunately, the island has until the end of the fiscal year to rectify…


EU plans for a provisional Europe-wide income tax on digital businesses that would hit large US digital companies, appear to have taken a step back this week leaving disappointment to a policy championed by President Emmanuel Macron of France. As Member State Ministers at a recent ECOFIN meeting recognised…


The European Central Bank (ECB) and the Bank of England are to assemble a technical working group whose responsibility will be to manage and mitigate risk in the timeframe surrounding March 30th 2019 when Brexit is planned to take place, specifically in the area of financial services.  However, it is…


In a recent UK criminal law case  Khrapunov vs JSC BTA Bank, Mr Ilias Khrapunov, son-in-law to former Russian banker Mr Mukhtar Ablyazov, has reportedly refused to visit the UK to be cross-examined this week, regarding assets he is has been accused of having in his possession on behalf of Mr Ablyazov;…



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