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Switzerland Reaffirms Commitment to Banking Secrecy Despite Global Pressure
Time 2025-08-19 01:44:01Switzerland has reiterated its commitment to confidentiality in private banking, while also pledging compliance with international tax transparency rules. The Swiss Financial Market Supervisory Authority (FINMA) confirmed that while Switzerland parti... [More]
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UAE Introduces New Tax Rules Targeting Multinational Corporations
Time 2025-08-19 01:43:09The United Arab Emirates has rolled out new tax regulations that align with OECD standards on global minimum taxation. The UAE government has officially introduced a corporate tax framework that requires multinational corporations earning over €750... [More]
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Singapore Strengthens Oversight of Family Offices Amid Rapid Growth
Time 2025-08-19 01:39:42Singapore has introduced new measures to enhance regulatory oversight of family offices as their number in the city-state surpasses 1,800. The Monetary Authority of Singapore (MAS) has announced updated guidelines requiring family offices to disclose... [More]
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Global Financial Hubs Race Ahead in Sustainable Finance
Time 2025-08-12 03:53:53Cities like London, Abu Dhabi, and Singapore are intensifying their leadership in sustainable finance through landmark initiatives, climate funds, and regulatory frameworks—setting the stage for a multitrillion-dollar growth in climate-aligned inve... [More]
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Wealth Flight from UK Prompts Plans to Relaunch Golden Visa Program
Time 2025-08-12 03:52:38In response to a record outflow of millionaires, the UK is considering a reboot of its golden visa program to regain appeal among global investors, though skepticism remains about its ability to reverse recent wealth exodus. Amid a record loss of ove... [More]
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Pakistan Accelerates Cryptocurrency Integration into Mainstream Finance
Time 2025-08-12 03:51:53Pakistan is fast-tracking the integration of cryptocurrencies into its traditional financial system, aiming to embed digital assets across banking, forex, and gold trading sectors as part of broader modernization efforts. In a bold move to modernize... [More]