How beneficial owners registers aim to curb money laundering and tax evasion
With more complicated company structures being used, it has become increasingly more difficult to establish who the ultimate beneficial owners of entities are. In light of the new regulation, do you believe that the Ultimate Beneficial Ownership (UBO) Register can help in any way to prevent financial crime?
Bär & Karrer Advises Computacenter in the Acquisition of PathWorks
Computacenter Group, a leading European IT service provider listed on the London Stock Exchange, acquired PathWorks, a well-established hardware reseller in the Swiss market.
Bär & Karrer Advises Addtech in the Acquisition of a Majority in Omni Ray
Addtech Group, a leading Swedish publicly listed technology trading group, acquired a majority stake in Omni Ray AG, a well-established Swiss trading company and service provider for automation solutions, mainly focused on industrial applications, infrastructure, transportation and medical industry. By this transaction, Addtech aims at strengthening its position in the European automation market.
The Parliament of Ukraine ratified the MLI Convention. Is this the end of offshores?
“Ukraine will never join BEPS and will not introduce an automatic exchange of tax information! Ukrainian tax authorities are not able to understand the international tax planning and therefore BEPS will not work in Ukraine!” – such statements in different variations repeatedly sounded addressing the deoffshorization process launched in Ukraine a few years ago. Indeed, …
Inheritance Under Muslim Law: Framework of Sharia Law
The principal source of law of inheritance in UAE is Shariah and on the basis of which several Federal Laws have been promulgated.
China’s Version of NASDAQ ? Shanghai Stock Exchange to create Sci-Tech Innovation Board
Author: Lyon Dong (Partner) +86.21.5081.9091 [email protected] Charles Stone (Int’l Counsel) +86.21.5081.9091 [email protected] February 11, 2019 Capital markets; foreign investment
Summary Dismissal of Employees
The Court of Appeal overturned a decision of the Industrial Tribunal given in the names of Marco Pisani vs The AV Warehouse and stated that summary dismissal of an employee must be the exception and not the rule.
Garden Leave under Turkish Labor Law
1. Introduction The concept of garden leave is not a familiar concept to Turkish labor law as the legislation does not regulate this concept explicitly. The employers however in practice might have the need to make use of this concept for various reasons. Below we first introduce the concept of garden leave in general and …
Cross-border insolvency: making a case of harmonised insolvency laws across the EU
Cross-border insolvency law has been gaining importance in the EU’s legal system over the past few decades. Harmonising insolvency laws is a difficult process as the legal framework interacts with a myriad of domestic laws.
Gearing up for a technological revolution
Bitcoin has raised the question of whether computer code, rather than a central bank, should control the money supply. But is it desirable for society to allow a digital money system which enables its users to operate outside the remit of the law, unlike physical cash which is more regulated.