Micro News

Micro News

The Commissioner for Justice Vera Yurova has stated that Facebook should comply with requirements of the European Union's consumer rights and data protection laws. Otherwise, the company may be subject to sanctions. The announcement was made after Airbnb made the necessary changes at the request of…


Pakistan have released the names of 11 tax jurisdictions who have supposedly declined to coordinate with a trade of data under the OECD's Automatic Exchange of Information scheme. Pakistan will commence the automatic data exchange with 38 countries this year. In spite of this, the Federal Board of Revenue…


Even EU member states aren’t safe from the Blacklist threats after the European Union's Code of Conduct Group on Company Taxation Matters has been advised to evaluate all member states themselves for potential incorporation on the EU blacklist of countries that practice or promote money laundering activities.


Switzerland's data protection commissioner is prosecuting the nation's finance ministry for disclosing the US government the names of Swiss employees working in banks and related experts regarding tax avoidance investigations. The ministry has neglected to adhere to a court order restricting the exposure…


Panama has started its planned automatic exchanges of information with a specific end goal to meet OECD worldwide standards, the administration has reported. The country will now actively trade data with 33 nations. Panama's CFO Mr David Hidalgo, stated that it was vital for the nation to ‘regard these…


The Irish government is thinking about implementing new trust and equity legislation to stop individuals killing their husbands or wives and being rewarded with getting to inherit their estate. The morality of the old law came into question after Eamon Lillis financially profited from his wife whilst…


The EU Directive: Markets in Financial Instruments II (MiFID II) will have to be amended following Brexit, the ESMA (The European Securities and Markets) has announced. The announcement comes after it was revealed that under the current standards, EU customers purchasing investment insurance will no…


The Federal Council in Switzerland has endorsed BEPS (Base Erosion & Profit Shifting) regarding measure related to the Multilateral Convention to Implement Tax Treaty Related Measures. The move hopes to avoid mistreatment of the international tax treaty framework by enabling countries to adjust current…


On September 20th, Deputy Prime Minister of Singapore Teo Chee Hean announced that by the end of this year, Singapore and China are planning to significantly modernise the free trade agreement, which first entered into force in 2009. It is also expected that the renewed agreement (CSFTA) will be able…


According to the US Secretary Mike Pompeo, America will soon defeat China in the trade war. He is referring to the United States plans to return all lost income due to "intellectual property theft." Mr Pompeo also stated that Xi Jinping was "very impressed" by Trump, nevertheless, the President intends…



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