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China: Proposed legislative Reform for family Trusts

insightplus.bakermckenzie.com/bm/viewContent.action?key=Ec8teaJ9VartR0NSpMWhbV7eOOGbnAEFKCLORG72fHz0%2BNbpi2jDfaB8lgiEyY1JAvAvaah9lF1P4Yhmok33cA%3D%3D&navSee also:blog.step.org/2022/03/09/advancing-education-and-best-practice-for-trust-and-estate-practitioners-in-china/ 0
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Japan: Changes to Cryptocurrency Rules

insightplus.bakermckenzie.com/bm/viewContent.action?key=Ec8teaJ9Vaq4R%2ByF0LqTwV7eOOGbnAEFKCLORG72fHz0%2BNbpi2jDfaB8lgiEyY1JAvAvaah9lF1P4Yhmok33cA%3D%3D&navwww.nishimura.com/en/newsletters/it_media_entertainment_221206.html See also:Whether or not a token falls under Crypto-Asset | CITY-YUWA PARTNERSHogan Lovells | 0
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UK: FCA’s Policy Statement on the Implementation of the Investment Firms Prudential Regime

www.traverssmith.com/knowledge/knowledge-container/the-fcas-first-policy-statement-on-the-implementation-of-the-investment-firms-prudential-regime/sites-herbertsmithfreehills.vuturevx.com/50/26779/landing-pages/a-guide-to-fca-policy-statements-and-final-consultation-on-ifpr.pdfwww.proskauer.com/alert/the-uk-investment-firms-prudential-regime-effective-1-january-2022-key-considerations-for-investment-firms?utmwww.proskauer.com/alert/uk-financial-conduct-authority-publishes-its-final-policy-statement-setting-out-its-final-rules-for-the-investment-firms-prudential-regimemy.slaughterandmay.com/insights/briefings/ten-questions-on-the-mifidpru-codesoftwareresilience.nccgroup.com/uk-prudential-regulation-authority-ss2-21-compliance/ See also:bit.ly/3DnKK7VUpdate:www.traverssmith.com/knowledge/knowledge-container/the-fcas-second-policy-statement-on-the-implementation-of-the-investment-firms-prudential-regime/www.ropesgray.com/en/newsroom/alerts/2021/July/A-step-closer-towards-the-new-UK-capital-regime-for-investment-firmsinsights.ropesgray.com/post/102h3zk/the-new-uk-capital-regime-for-investment-firms#page=1www.traverssmith.com/knowledge/knowledge-container/the-fcas-third-and-final-policy-statement-on-the-implementation-of-the-investment-firms-prudential-regime/New MIFIDPRU Remuneration Code for all FCA investment firms (burges-salmon.com)financialregulation.linklaters.com/post/102hgzf/new-notification-requirements-for-fca-regulated-investment-firms-in-groupswww.morganlewis.com/pubs/2022/02/new-uk-investment-firm-prudential-regime-fixing-variable-remuneration 0
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UK: Court rules on HMRC Assessments and the Burden of Proof

www.rpc.co.uk/perspectives/tax-take/golamreza-hmrc-assessments-and-the-burden-of-proof/#page=1 See also:www.rpc.co.uk/perspectives/tax-take/hmrc-fails-to-discharge-burden-of-proof-in-appeal-against-personal-liability-notices/#page=1 Update:www.rpc.co.uk/perspectives/tax-take/ut-confirms-hmrc-has-burden-of-proving-that-a-personal-liability-notice-was-correctly-issued/#page=1 0
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EU: Tackling the abusive use of Shell Companies

ec.europa.eu/taxation_customs/communication-business-taxation-21st-century_enec.europa.eu/commission/presscorner/detail/en/ip_21_2430mnetax.com/ambitious-eu-tax-agenda-includes-new-common-corporate-tax-base-proposal-44127www.cms-lawnow.com/ealerts/2021/06/future-eu-directive-tackling-shell-companies-atad-3?cc_lang=enec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12999-Tax-avoidance-fighting-the-use-of-shell-entities-and-arrangements-for-tax-purposes_enwww.arthurcox.com/knowledge/fighting-the-use-of-shell-entities-and-arrangements-for-tax-purposes/www.cms-lawnow.com/ealerts/2022/01/atad-3-european-commissions-proposal-targeting-shell-companies?cc_lang=en See also:blog.macfarlanes.com/post/102h0ho/atad-3-the-writing-on-the-wall-for-eu-holding-companieswww.step.org/system/files/media/files/2021-08/step-paper-on-business-taxation-for-the-21st-century-in-particular-with-respect-to-shell-companies.pdfwww.step.org/sites/default/files/2021-08/step-response-on-the-european-commission-consultation-on-fighting-the-use-of-shell-entities-and-arrangements-for-tax-purposes.pdf Update:blog.macfarlanes.com/post/102hso8/ec-follow-up-proposal-linked-to-non-eu-shell-entities-publishedwww.jonesday.com/en/insights/2022/10/the-unshell-draft-directive–only-a-few-months-left-to-complyec.europa.eu/transparency/documents-register/detail?ref=COM(2022)554&lang=enec.europa.eu/info/sites/default/files/supranational_risk_assessment_of_the_money_laundering_and_terrorist_financing_risks_affecting_the_union_-_annex.pdfcamilleripreziosi.com/news/european-commission-publishes-its-updated-supranational-risk-assessment/www.loyensloeff.com/insights/news–events/news/when-will-the-eu-ata-3-directive-impact-my-eu-entities-ny-office-snippet/www.traverssmith.com/knowledge/knowledge-container/anti-tax-avoidance-directive-iii-eu-unshell-proposal/#page=1www.macfarlanes.com/what-we-think/in-depth/2022/atad-3-unshell-directive/www.europarl.europa.eu/news/en/press-room/20230117IPR67314/unshell-meps-adopt-position-on-legislation-to-clamp-down-on-shell-companieswww.europarl.europa.eu/news/en/press-room/20221128IPR58202/unshell-meps-adopt-position-on-legislation-to-clamp-down-on-shell-companiestax.weil.com/insights/european-parliament-approves-atad-3-amendments-analysis/#page=1www.cms-lawnow.com/ealerts/2023/01/atad-3-proposal-approved-by-the-european-parliament?cc_lang=enUpdate_on_the_ATAD_3_Unshell_Directive_v2.pdf (algoodbody.com)www.twobirds.com/en/insights/2023/global/atad-3-amended-by-eu-parliamentwww.kinanis.com/Media/Uploads/Publications/Brochures%202022/March%202022/ATAD%203%20-%20The%20tompstone%20of%20shell%20entities.pdfwww.europarl.europa.eu/news/de/press-room/20230327IPR78511/new-eu-measures-against-money-laundering-and-terrorist-financingwww.stibbe.com/publications-and-insights/proposal-for-a-directive-to-prevent-misuse-of-shell-entities-atad-3-andTax Alert: Understanding the Unshell Directive – PenterisWebcast: ATAD 3, what is the impact to your organization? – YouTubeATAD 3: EU crackdown on shell entities – is there any sign of life? – Macfarlaneswww.macfarlanes.com/what-we-think/in-depth/2023/atad-3-eu-crackdown-on-shell-entities-is-there-any-sign-of-life/www.grant-williams.com/how-do-you-solve-a-problem-like-inflation/?utmdata.consilium.europa.eu/doc/document/ST-10710-2023-INIT/en/pdfwww.euractiv.com/section/economy-jobs/opinion/time-for-the-council-to-shell-out-some-justice-and-fight-tax-avoidance/data.consilium.europa.eu/doc/document/ST-16100-2023-INIT/en/pdfcms-lawnow.com/en/ealerts/2023/12/no-white-smoke-on-atad-iii-proposal-in-2023?utm 0
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UK: The FCA publishes Guidance on ESG Disclosures and Greenwashing

www.akingump.com/en/news-insights/the-fca-publishes-guidance-on-esg-disclosures-and-greenwashing.htmlwww.mishcon.com/news/greenwashing-and-informational-asymmetries-the-fcas-direction-of-travelwww.osborneclarke.com/insights/enforcement-risk-rises-uk-financial-services-firms-over-greenwashingwww.dentons.com/en/insights/articles/2022/november/7/greenwashing-regulations-by-the-fca See also:blog.burges-salmon.com/post/102ha4t/fca-publishes-updated-esg-strategywww.herbertsmithfreehills.com/insight/global-bank-review-going-green-%E2%80%93-rising-expectations-and-risks-on-green-claimswww.dlapiperintelligence.com/investmentrules/blog/articles/2021/esg-FCA-climate-financial-disclosure-regime-takeaways.htmlgtlawinfo.com/rv/ff008cadb8395bfceb5163c04d4dbe6d4dde62a2www.fticonsulting.com/emea/insights/articles/maximising-impact-uk-net-zero-strategy See also:hsfnotes.com/bankinglitigation/2021/12/09/global-bank-review-esg-creating-a-purposeful-future-greenwashing-litigation/#page=1www.morganlewis.com/pubs/2022/01/climate-change-policyholders-should-be-braced-for-a-rising-tide-of-coverage-issueswww.wfw.com/articles/value-proposition-draws-investors-to-esg/#page=1www.hfw.com/Trade-Finance-and-Greenwashing-Nov-2022www.kingsleynapley.co.uk/insights/blogs/criminal-law-blog/the-fcas-growing-toolkit-to-tackle-esg-issues#page=1www.ey.com/en_ch/sustainability-financial-services/how-can-financial-institutes-avoid-greenwashing-in-their-corporate-reporting$ Update::MLSG Guidance – Consultation – Cryptoasset transfers – JMLSG£The Money Laundering and Terrorist Financing (Amendment) (No. 2) Regulations 2022 (legislation.gov.uk)EUR-Lex – 32023R1113 – EN – EUR-Lex (europa.eu)www.osborneclarke.com/insights/how-uk-and-eu-regulators-plan-hold-financial-service-providers-accountable-greenwashingwww.dacbeachcroft.com/en/gb/articles/2024/january/asset-management-regulation-2024-fca-sustainability-disclosure-requirements/www.osborneclarke.com/insights/greenwashing-uk-financial-services-practical-guidance-regulated-firms-compliance-new-anti 0
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