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US: FinCEN provides exceptive relief from new Beneficial Ownership rule

www.jdsupra.com/legalnews/tackling-the-challenges-of-complying-88134/ www.jdsupra.com/legalnews/fincen-provides-exceptive-relief-from-81746/ www.jdsupra.com/legalnews/customer-due-diligence-and-fincen-s-43077/ www.shearman.com/perspectives/2018/05/fincens-customer-due-diligence-rule www.law.cornell.edu/cfr/text/31/1010.230 www.mofo.com/resources/publications/180516-customer-due-diligence.html Click to access SC_Publication_FinCEN_Issues_Frequently_Asked_Questions_Regarding_Customer_Due_Diligence_Requirements.pdf www.manatt.com/Insights/Newsletters/Financial-Services-Law/AML-News-FinCEN-Issues-Exceptions-to-Beneficial-Ow goo.gl/eYmYWP Click to access FinCEN%20Ruling%20CD%20and%20Loan%20Rollover%20Relief_FINAL%20508.pdf See also: goo.gl/RHvcJR goo.gl/qwTZj1 www.sidley.com/en/insights/newsupdates/2018/06/complying-with-fincen-customer-due-diligence-rulehttps://www.manatt.com/Insights/Newsletters/Financial-Services-Law/AML-News-FinCEN-Issues-Exceptions-to-Beneficial-Ow www.fredlaw.com/news__media/2018/09/04/1949/what_to_expect_under_the_new_fincen_beneficial_ownership_rule Update: www.fincen.gov/news/news-releases/extension-limited-exception-beneficial-ownership-requirements-legal-entity 0
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Information Exchange, Ownership, Transparency, US Information Exchange, Singapore, South Korea, Tax Information Exchange Agreement, Transparency

UK: Overseas Territories must introduce public company registers

www.osborneclarke.com/insights/public-beneficial-ownership-registers-coming-to-caymans-bvi-and-bermuda/ www.whitecase.com/publications/alert/transparency-territories-public-ownership-registers-cayman-bermuda-and-bvi goo.gl/bknq3P www.out-law.com/en/articles/2018/may/overseas-territories-public-company-registers/ www.mishcon.com/news/articles/transparency-update-may-2018-uks-overseas-territories-must-make-ownership-of-companies-public-by-2020 bvifinance.vg/language/en-GB/News-Resources/ArticleID/1976/BVI-Finance-Remains-Optimistic-about-the-Future-of-its-Industry goo.gl/j5opF7 www.ifcreview.com/viewnews.aspx?articleId=12777 www.financierworldwide.com/uk-targets-overseas-territories-transparency#.W4aYkGcUmUn data.parliament.uk/writtenevidence/committeeevidence.svc/evidencedocument/foreign-affairs-committee/the-future-of-the-uk-overseas-territories/oral/94446.html gowlingwlg.com/en/insights-resources/articles/2022/uk-register-of-overseas-entities-are-you-ready/ Click to access registration-of-overseas-entites-holding-uk-property-(3).pdf 0
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Bermuda, British Virgin Islands, Cayman Islands, Information Exchange, Transparency, UK Information Exchange, Money Laundring, Ownership, Trends, UK Corporate Law, Indonesia, Information Exchange, Ownership, Transparency European Union, Information Exchange, Tax Information Exchange Agreement, Transparency

Risk Management: CRS avoidance – OECD adopts tax disclosure rules for advisors

www.oecd.org/tax/exchange-of-tax-information/game-over-for-crs-avoidance-oecd-adopts-tax-disclosure-rules-for-advisors.htm www.oecd.org/tax/exchange-of-tax-information/model-mandatory-disclosure-rules-for-crs-avoidance-arrangements-and-opaque-offshore-structures.htm www.oecd.org/tax/exchange-of-tax-information/mandatory-disclosure-rules-questions-and-answers.pdf See also: goo.gl/zNfWp5   0
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Information Exchange, Tax Information Exchange Agreement, Transparency

EU: 3 jurisdictions removed, 3 added to list of non-cooperative jurisdictions

www.consilium.europa.eu/en/press/press-releases/2018/03/13/taxation-3-jurisdictions-removed-3-added-to-eu-list-of-non-cooperative-jurisdictions/ Click to access direct-tax-update-n-4-2018-ecofin-council-second-update-to-the-eu-list-of-third-country-non-cooperative-jurisdictions-in-tax-matters-blacklist.pdf goo.gl/mWLdjW See also: goo.gl/i6PUHr Update:www.consilium.europa.eu/en/press/press-releases/2024/02/20/taxation-bahamas-belize-seychelles-and-turks-and-caicos-islands-removed-from-the-eu-list-of-non-cooperative-jurisdictions-for-tax-purposes/www.consilium.europa.eu/media/70365/st06776-en24.pdftaxation-customs.ec.europa.eu/news/member-states-agree-update-eu-list-non-cooperative-tax-jurisdictions-2024-02-20_entax.weil.com/uk-tax/eu-blacklist-updated-on-20-february-2024-no-new-jurisdictions-added-and-bahamas-belize-seychelles-and-turks-and-caicos-removed/#page=1 0
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