EU removes UAE from high-risk countries list
21 July 2025
On 9 July 2025, the European Parliament approved the European Commission’s proposal to revise the list of countries with a high risk of money laundering
Tag: Bank
Empowering Global Business Growth: A Case Study on Company Registration in Hong Kong
5 February 2025
Expanding an Indie Game Studio Globally An ambitious indie game developer approached us with a vision to expand his studio internationally. He specialised in creating
Banks in the UAE: An Overview of Opportunities and Services
2 December 2024
The banking landscape of the UAE is quite diverse, featuring not only local banks but also major international financial institutions. The latter choose the UAE
Where Can You Open a Bank Account for an Offshore Company?
6 September 2024
Introduction Companies registered in “offshore” jurisdictions are a popular solution for trading, providing services, and structuring ownership of various assets: foreign companies, real estate, other
EU companies owned by Russia-related persons will report transfers exceeding €100,000 out of the Union
21 May 2024
As of 1 May 2024, EU companies with Russian ownership interest will be required to report quarterly any transfers of their funds exceeding €100,000 outside
May 2021: International Tax Planning Review
8 June 2021
UAE allows 100 per cent foreign ownership of local companies The Government of the United Arab Emirates has confirmed that new rules allowing foreign owners
March 2021: International Tax Planning Review
5 April 2021
Cyprus extends tax return deadline for companies Cyprus has extended the 2019 tax filing deadline for companies and self-employed businessmen. The corresponding decree provides the
AAB Bank AG’s banking license revoked
26 November 2019
15 November 2019 the information about revocation of license of Anglo Austrian AAB Bank AG (former Meinl Bank AG) has been published on the official
Unavailability of deposits of PNB Banka
15 August 2019
15 August 2019 the Financial and Capital Market Commission of Latvia (Lat. Finanšu un kapitāla tirgus komisijas, FCMC), being a regulatory authority of financial services
Liquidation of Loyal Bank
12 August 2018
According to the information from the official internet portal of Loyal Bank Limited (the Bank) that is situated in Saint Vincent and the Grenadines the