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Deloitte Partner Raises Detailed Concerns Over OECD's Proposed Permanent Establishment Threshold
Alison Lobb, a prominent partner at Deloitte specializing in transfer pricing, tax policy, and international tax, has voiced...
Flexi Group
Jan 24, 20242 min read
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Hong Kong Association of Banks (HKAB) Contemplates Phasing Out Cheques Amidst Digital Surge
The use of cheques in Hong Kong may be on the brink of extinction as the Hong Kong Association of Banks (HKAB) contemplates a roadmap for...
Flexi Group
Jan 22, 20242 min read
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Europe's Cryptocurrency Market Nears Renaissance Amid Regulatory Clarity
A recent report by Kaiko indicates that Europe's cryptocurrency market is poised for a renaissance, showcasing a significant...
Flexi Group
Jan 19, 20241 min read
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Cyprus Sees Decline in Loan Applications Amidst Eurozone Policies and Rising Rates
A survey conducted by the Central Bank of Cyprus (CBC) has revealed a decline in loan applications from both businesses and households in...
Flexi Group
Jan 18, 20241 min read
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Revolutionizing the Tax Industry: Embracing AI as a Catalyst for Transformative Change and Talent Attraction
As the tax industry grapples with the confluence of technological complexity and a shortage of skilled professionals, Russell Gammon,...
Flexi Group
Jan 17, 20242 min read
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Xpeng Aeroht Unveils Futuristic 'Land Aircraft Carrier': The Revolutionary Modular Flying Car Set to Soar in 2025
Xpeng Aeroht, the leading company in Asia's aviation industry, has unveiled its groundbreaking modular flying car, the "Land Aircraft...
Flexi Group
Jan 15, 20242 min read
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Cypriot Banks Maintain Steady Loan Growth, Surpassing €3 Billion in 2023
Cypriot banks have demonstrated resilience in loan provision throughout 2023, exceeding €3 billion in total net new loans by November...
Flexi Group
Jan 11, 20242 min read
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Treasury Secretary Janet Yellen Celebrates Milestone as Over 100,000 Businesses Swiftly File Beneficial Ownership Data with FinCEN
United States Treasury Secretary Janet Yellen's visit to the Financial Crimes Enforcement Network (FinCEN) headquarters marked a...
Flexi Group
Jan 10, 20242 min read
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Suncity Scandal: Unveiling the $42 Billion Online Gambling Empire and Legal Battles Shaking Macau
Chinese gamblers from the mainland have reportedly invested a staggering $42 billion in online gambling sites operated by the former...
Flexi Group
Jan 10, 20242 min read
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Crypto Firms Hit With Record Fines: $5.8 Billion in Penalties Surpass Traditional Finance, Highlighting Regulatory Challenges
Crypto and digital payment enterprises collectively incurred fines totaling $5.8 billion last year, surpassing penalties imposed on...
Flexi Group
Jan 10, 20242 min read
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Fixed-Income ETFs Set Records in 2023, Continue Momentum with Strong December Inflows
Fixed-income ETFs continued their strong performance in December, attracting net inflows of $5.1 billion, according to Invesco. This...
Flexi Group
Jan 9, 20242 min read
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Danske Bank Faces Legal Challenge Over New Corporate Fees Amidst Compliance Struggles
Danske Bank has recently implemented an annual fee of €500, equivalent to NOK 5,000, specifically targeting its large corporate customers...
Flexi Group
Jan 9, 20242 min read
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Finance Minister Makis Keravnos has confirmed a 2.44% increase in the Cost of Living Allowance (CoLA)
In a recent announcement, Finance Minister Makis Keravnos has confirmed a 2.44% increase in the Cost of Living Allowance (CoLA) for...
Flexi Group
Jan 8, 20242 min read
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Urgent International Action Needed to Address Houthi Attacks Threatening Global Supply Chain, Says Cyprus Shipping Chamber
The Director General of the Cyprus Shipping Chamber, Thomas Kazakos, has issued a call for urgent international intervention to address...
Flexi Group
Jan 5, 20242 min read
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Navigating the Ethical Landscape of Facial Recognition: Striking a Balance for Human Rights Protection in the Age of Technology
In the ever-evolving landscape of technology, particularly in the realm of artificial intelligence (AI)-enabled facial recognition...
Flexi Group
Jan 5, 20243 min read
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FTC Takes Action Against Rite Aid for Misuse of Facial Recognition Technology
The Federal Trade Commission (FTC) recently filed a complaint against Rite Aid, accusing the pharmacy chain of using untested and...
Flexi Group
Jan 5, 20243 min read
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IRS Empowered to Consider Corporate Group Membership in Intragroup Loan Interest Rates, Legal Memorandum Suggests
The Internal Revenue Service (IRS) in the United States may now consider a company's membership within a corporate group when determining...
Flexi Group
Jan 4, 20242 min read
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Credit Rating Agencies Confirm Evaluation Dates for Cyprus Amid Positive Trajectory
International credit rating agencies have revealed the scheduled dates for announcing their assessments of Cyprus' economic outlook in...
Flexi Group
Jan 4, 20242 min read
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Worldwide Gaming Industry Flourishes: Robust Growth, Diverse Demographics, and Global Trends in 2024
Experiencing a surge in gaming revenues attributed to its vibrant and youthful population, the gaming industry in the United Arab...
Flexi Group
Jan 4, 20242 min read
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US Companies Turn to Convertible Bonds to Navigate Interest Costs Amid Subdued Fundraising Landscape
In a notable trend, US companies are increasingly turning to the convertible bonds market as a strategic move to manage interest costs in...
Flexi Group
Jan 3, 20243 min read
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