News

Are UK Law firms charging too much for general probate?

Findings from a report carried out by the Legal Services Board (LSB) has calculated the approximate prices being charged by UK law firms for services such as appostilation, probate applications, will writing and estate administration.


FASB amends reporting requirements for US companies

The Financial Accounting Standards Board (FASB) in the US have published an update to improve the current system of financial reporting regarding leasing transactions. The update will affect any companies that are leasing any assets in the form of property, vehicles, or general equipment.


Starting from October 1st, 2015, a complete “tax statement” should be completed by all parties involved in a transaction which includes interest or transfer of land, as part of the registration process in New Zealand.


Anti-Money laundering report findings could be misleading

The supervisors of AML (Anti-money laundering) across the UK legal sector are warning of a new report that was published by the HM Treasury & Home Office on the risks of money laundering and terrorist financing lacks balance by its own admission and is not supported efficiently.