Although Monegasque companies are generally aware that the costs of director’s fees are tax deductible, it is still worth having an overview of the finer points of this regime by the law firm CMS Monaco. Taxation of “Directors” fees in Monaco Corporate income tax (CIT) originated as a result ofContinue…
The Board of the International Organization of Securities Commissions (IOSCO) – leading international policy forum for securities regulators and recognized as the global standard setter for securities regulation – has just published a set of recommendations applicable to ESG Ratings and Data Product Providers. “ESG ratings and third party dataContinue…
Proposed updates to the banking, corporate and financial infrastructure laws to accommodate Distributed Ledger Technology (DLT) have been broadly welcomed by Switzerland’s growing blockchain industry. Parliament is now set to debate the wide-ranging set of proposals presented by the governmentexternal link on Wednesday. The government’s intentions were first laid out last December, presentedContinue…
The International Digital Asset Exchange Association (IDAXA) last week announced the release of the OpenVASP protocol, a framework that is expected to lead the industry to comply with regulatory standards set forth by the Financial Action Task Force (FATF). Coinfomania interviewed Ronald M. Tucker, Director of IDAXA, to get moreContinue…
