by David Schwartz J.D. CPA | Aug 19, 2021 | All, Cross-Post
German courts and regulators have put securities lenders on notice that cross-border withholding tax (WHT) reclaim “schemes” are now “crimes.” Recent developments in Germany have cleared the way for sweeping tax audits and potential criminal...
by David Schwartz J.D. CPA | May 21, 2021 | All, Commentary, Cross-Post, Formal Regulatory Remedies
Environmental, social, and governance (ESG) investing has taken global financial markets by storm over the last few years. Post-pandemic, the demand for ESG investments has only intensified and has proven to be much more durable than a fad. However, lack of...
by David Schwartz J.D. CPA | Mar 19, 2021 | All, Cross-Post
The European Union has embarked on an aggressive legislative push to make environmental, social, and governance (ESG) considerations as a focus of financial services industry regulation. The first salvo in the EU push, the Regulation on Sustainability-Related...
by David Schwartz J.D. CPA | Jul 16, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In his final address on July 12, 2016 as the EU’s Commissioner for Financial Stability, Jonathan Hill announced that the European Commission would push the Bank for International Settlements (BIS) to rethink some of its Basel III reforms in light of their affects on...
by David Schwartz J.D. CPA | Mar 13, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
Among the priorities in the European Commission’s (EC) list of its planned initiatives for 2016 is a new push to refine a package of reforms under its Markets in Financial Instruments Directive (MiFID II). After announcing just last month that MiFID II implementation...
