Consultation over BO register continues in Jersey   After the enactment of the Financial Services (Disclosure and Provision of Information) Law, on July 14th, Jersey Government has started discussions over the introduction of secondary legislation over the practical provisions for disclosure of information on beneficial ownership (BO) registers. “Secondary legislation will be crucial in order...Read More

HMRC demands unlimited access to taxpayers’ financial information   The draft Finance Bill 2020-2021 (coming as an amendment of the Schedule 36 powers in Finance Act 2008) seeks to introduce major civil information powers for HMRC, enabling the agency to issue financial institution notices (FINs), which in turn will force banks and financial institutions to...Read More