The UK has chosen to take a less centralised approach to the regulation of artificial intelligence (AI) than the EU. Financial services regulators are monitoring the growth in the adoption of AI within financial services sectors and working within their existing regulatory frameworks to supervise it.
Tax reforms to encourage investments in Luxembourg
Recent reforms of Luxembourg’s tax law are expected to make the jurisdiction more competitive for investors and international businesses, tax experts have said. The reforms aim to improve tax certainty and promote a modern and sustainable domestic tax environment.
HMRC introduces new R&D relief correction process
HM Revenue and Customs’ (HMRC) new specialist research and development (R&D) disclosure facility provides a structured process for businesses to correct their tax filings and repay any overpaid credits or additional corporate tax due.
Indian nurse’s death sentence in Yemen spotlights long-standing migrant workers’ woes
Nimisha Priya’s claims of passport confiscation among ‘problematic practices’ experienced by migrant workers in the Middle East, analysts say.
Malaysian police appeal for information on 4 missing girls in Perak
The case comes after a spate of disappearances of girls across Malaysia, including one which led to a murder probe.
UK tipped to follow EU and Australia on public country-by-country tax reporting
The UK is likely to require major multinational businesses to disclose publicly how much tax they pay in each country they operate in, following on from the EU and Australia in doing so, tax experts have said.
Why Asia can expect ‘America First’ policy to endure post-Trump 2.0
Trump’s policies and tariffs in his second term could have ‘more punitive’ consequences for global economy, analysts at Singapore forum say.
Singapore detains 3 ‘radicalised’ men over potential local attacks, to fight against Israel
The three Singaporean men were not linked to one other, but their detentions highlight the growing threat of online radicalisation.
UK financial services will see a year of change in 2025
Financial services firms are used to seeing regulatory change, but 2025 promises to be a year in which the UK regulatory landscape evolves more than usual and can be expected to continue evolving beyond the end of this year
South China Sea: Philippines urged to ‘lean into US alliance’ to put pressure on Beijing
Manila can invite US military to undertake humanitarian operations or partner American company for oil exploration in disputed waters, analyst says.