In a highly anticipated political development, Michel Barnier has been officially appointed as the Prime Minister of France, concluding a period of intense speculation that lasted for seven weeks. This move comes at a time when France faces a series of complex...
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The United Arab Emirates Introduces Corporate Tax
On 31 January 2022, the United Arab Emirates announced that all seven emirates will be enforcing federal Corporate Tax on business profits. This means that UAE-based companies will be assessed with corporate tax starting 1 June 2023. The announcement is evidence of...
Cayman Islands to be Added to the EU List of High-Risk Third Country
On 7 January 2022. the European Commission approved a draft regulation including the Cayman Islands to its list of countries categorized with strategic deficiencies in their anti-money laundering and “know your client” regimes. Under Article 4 of the EU Securitization...
China Orient Asset Management on the move.
China Orient Asset Management gains Approval to Issue Bonds to Resolve Risks in the Property Sector Shanghai- The China Orient Asset Management reported its approval to issue up to 10 billion yuan bonds in China’s interbank bond market to solve risks in the country’s...
Brazil Considering Income Tax Exemptions for Foreign Investors in Corporate Bonds
How does the Brazilian Government hope to attract more international investors ? The Brazilian government is seriously considering an income tax exemption for international investors who invest in domestic corporate bonds. This is an initiative to hopefully...