British Overseas Territories’ deadline for public ownership registers slips to 2023 Britain’s Overseas Territories (OT) will not be forced to establish public registries of company beneficial ownership until 2023 at the earliest, rather than the 2020 deadline demanded by UK Members of Parliament (MPs), it has emerged. In May last year, a cross-party group of...Read More

Switzerland ramps up preparations for no-deal Brexit The Swiss parliament on Wednesday green-lighted the provisional application of two key bilateral agreements in a bid to ensure minimal disruption to Swiss–UK relations in the event of ‘disorderly’ Brexit. In a statement, the parliament’s Foreign Affairs Committee said it had approved the provisional application of a citizen’s...Read More

Tax information exchange agreement with Brazil enters into force Bern, 14.01.2019 – The tax information exchange agreement between Switzerland and Brazil came into force on 4 January 2019. The provisions of the agreement will apply from 1 January 2020. The tax information exchange agreement (TIEA) governs the exchange of information upon request in tax matters. It is Switzerland’s...Read More

Criminal Justice (Money Laundering And Terrorist Financing) (Amendment) Act 2018 Signed Into Law   The Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2018 was signed into law on 14 November and came into force on 26 November, resulting in the complete transposition of the Fourth Money Laundering Directive (MLD4) into Irish law. The...Read More

Switzerland aims to develop Blockchain in the country The Swiss government has advised regulators not to create new legislations but instead make adjustments to existing laws to accommodate companies in the blockchain and cryptocurrency space. The amendments should focus on enhancing Switzerland’s position as a blockchain-friendly country, the Swiss Federal Council said last week. On...Read More