UK: The Supreme Court restricts the use of Follower Notices by HMRC

hsfnotes.com/tid/2021/07/09/supreme-court-gives-guidance-on-follower-notices/#page=1blog.burges-salmon.com/post/102h2o0/the-supreme-court-restricts-the-use-of-follower-notices-by-hmrcwww.rpc.co.uk/perspectives/tax-take/haworth-supreme-court-upholds-decision-to-quash-follower-notice/#page=1 See also:www.charlesrussellspeechlys.com/en/news-and-insights/insights/litigation–dispute-resolution/2021/dont-follow-me-haworth-and-follower-notices-in-the-supreme-court/www.traverssmith.com/knowledge/knowledge-container/life-cycle-of-an-early-stage-tax-dispute/#page=1www.rpc.co.uk/perspectives/tax-take/follower-notice-penalties-cancelled-failure-to-take-corrective-action-reasonable-in-circumstances/#page=1 0
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Nicaragua: Ultimate Beneficial Owner Registration

www.dentonsmunoz.com/en/insights/articles/2021/may/7/nicaragua-ultimate-beneficial-owners-registrationgarciabodan.com/en/beneficial-ownership-registry-starts-to-operate-in-nicaragua-2/See also:consortiumlegal.com/en/reforms-and-new-regulations-of-the-nicaraguan-financial-system/ 0
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UK: NFTs and intellectual Property — can they be protected?

www.udl.co.uk/insights/non-fungible-tokens-nft-and-intellectual-propertywww.giromartinez.com/news/the-rise-of-nfts-in-music-art-and-fashion-what-are-they-and-how-do-they-relate-to-intellectual-property/www.latham.london/2021/06/nfts-a-digital-opportunity-for-pe-sponsors/?utmartlawandmore.com/2021/07/08/what-are-the-legal-issues-concerning-non-fungible-tokens-nfts/#page=1www.rpc.co.uk/perspectives/ip/non-fungible-tokens-nfts-are-they-a-way-for-celebrities-to-reclaim-their-image/#page=1viewpoints.bakermckenzie.com/post/102h5tx/pranksy-fraudulent-nfts-and-tokenising-works-without-permissionwww.penningtonslaw.com/news-publications/latest-news/2021/non-fungible-tokens-legal-issueswww.dlapiperintelligence.com/investmentrules/blog/articles/2021/non-fungible-tokens-legal-risks.htmlwww.dacbeachcroft.com/en/articles/2021/september/quick-read-banksy-s-vulnerability-and-the-mysterious-nft/www.dlapiper.com/en/ireland/insights/publications/2021/09/non-fungible-tokens-what-are-the-legal-risks/www.charlesrussellspeechlys.com/en/news-and-insights/insights/commercial/2021/who-where-what-on-earth-is-an-nft/www.keystonelaw.com/keynotes/nfts-debunking-three-of-the-biggest-misconceptionswww.stewartslaw.com/news/nfts-cryptocurrency-and-fraud-risks/#page=1brandwrites.law/brand-disputes-in-the-nft-sphere/#page=1blog.macfarlanes.com/post/102hmn3/non-fungible-tokens-a-new-means-of-monetisationwww.boodlehatfield.com/articles/lifecycle-of-a-digital-asset-getting-started-with-nfts/www.kilburnstrode.com/knowledge/european-ip/anti-counterfeiting-nftssoftwareresilience.nccgroup.com/uk-prudential-regulation-authority-ss2-21-compliance/www.rahmanravelli.co.uk/articles/european-union-rules-to-stop-illicit-cryptoasset-transfers/hsfnotes.com/fsrandcorpcrime/2022/07/19/how-are-nfts-regulated-in-the-uk-and-eu/#page=1www.mintz.com/insights-center/viewpoints/2166/2022-08-02-nfts-flash-crypto-pan-or-virtual-gold-part-1#page=1blog.charlesrussellspeechlys.com/post/102hvlt/nfts-and-the-power-of-licensingpiperalderman.com.au/insight/blockchain-bites-f1-nfts-afp-form-crypto-unit-treasurys-latest-consultation-on-crypto-celsius-crypto-may-go-to-custody-customers/appleyardleesgreenshoots.com/an-introduction-to-nfts-blockchain-and-ip-part-1/?utmviewpoints.shoosmiths.co.uk/post/102hz2y/nfts-setting-the-art-world-on-firewww.freeths.co.uk/2022/11/04/turning-creative-content-into-nfts-whats-the-deal/www.bristows.com/news/financial-regulation-in-the-metaverse/?utmimbusiness.passle.net/post/102i4hf/nfts-sport-and-the-lawwww.reedsmith.com/en/perspectives/2023/04/ukipo-issues-trade-mark-guidance-on-nfts-and-metaverse-goods-and-serviceswww.osborneclarke.com/insights/non-fungible-tokens-what-are-they-really-all-aboutwww.keystonelaw.com/keynotes/nft-project-creators-what-you-need-to-know-about-regulationwww.taylorwessing.com/en/insights-and-events/insights/2023/05/bu-nfts-virtual-goods-and-services-provided-in-the-metaverseTalking Shop: A consumer sector podcast series: Episode 5 – Why NFTs; why now? | Intellectual property notes (hsfnotes.com)In Early – The Crypto Podcast: Episode 16 with Nanda Khiara (shoosmiths.com)NFTs – opportunities and challenges in the esports, streaming, and gaming sectors (penningtonslaw.com)www.marks-clerk.com/insights/articles/episode-2-nfts-fashion-ip-with-kelly-vero/#page=1 See also:www.omm.com/resources/alerts-and-publications/alerts/non-fungible-tokens-when-collecting-meets-crypto-legal-challenges-abound/www.mme.ch/en/magazine/magazine-detail/url_magazine/nft_is_blockchain_disrupting_the_art_market/www.dlapiper.com/en/us/insights/publications/2021/03/ipt-news-q1-2021/non-fungible-tokens-emerging-issues-in-the-emerging-marketplace/brodies.com/insights/ip-technology-and-data/nfts-are-they-the-emperors-new-clothes-or-the-future-of-art/blog.macfarlanes.com/post/102gurf/hmrc-publishes-first-cryptoassets-manualinsights.boodlehatfield.com/post/102gv5y/non-fungible-tokens-nifty-or-naffmy.slaughterandmay.com/insights/Homethelens.slaughterandmay.com/post/102gz5n/a-digital-picture-is-worth-a-thousand-ether-nfts-and-digital-artimbusiness.passle.net/post/102gzry/the-art-of-the-con-in-2021-its-metawww.skadden.com/insights/publications/2021/06/regulatory-approaches-to-nonfungible-tokens?sid=750e7d7b-9c10-457b-8a8f-c3d41858bd19www.twobirds.com/en/news/articles/2021/uk/nonfungible-tokens-whats-all-the-fusswww.reedsmith.com/en/perspectives/2021/07/nfts-ownership-in-the-metaversewww.shlegal.com/insights/nfts-practicalities-problems-and-pitfalls#page=1www.lw.com/videos/NFTs-101-basics-non-fungible-tokens-and-beyond#page=1www.osborneclarke.com/insights/what-are-legal-issues-around-nftsxxiv.co.uk/cryptocurrencies-and-civil-fraud-practice-questions-in-a-developing-area/www.osborneclarke.com/insights/not-everyones-cup-nftwww.boodlehatfield.com/articles/nfts-back-to-building-blocks-and-how-to-buy-one/www.boodlehatfield.com/articles/nfts-what-are-they/haerting.ch/en/insights/nfts-and-sport-scope-and-possibilities/www.hgf.com/retail-scanner/nfts-what-are-they-and-what-do-they-mean-for-retailers-and-their-ip/www.cms-lawnow.com/ealerts/2022/03/wheres-my-nft-gone-potential-pitfalls-of-nft-ownership?cc_lang=enmy.slaughterandmay.com/insights/briefings/nfts-digging-deeper-a-regulatory-and-tax-perspectivebrodies.com/insights/technology/demystifying-cryptocurrency/#page=1www.boodlehatfield.com/articles/lifecycle-of-a-digital-asset-where-is-the-value-in-all-this/angle.ankura.com/post/102hohg/are-nfts-valuable-digital-assets-or-near-worthless-illusionsnews.artnet.com/market/uk-high-recognizes-nfts-as-property-2108605www.twobirds.com/en/insights/2022/global/the-sandbox-and-the-metaversewww.dechert.com/knowledge/onpoint/2022/6/nft-fraud–the-english-court-recognises-nfts-as–property–and-m.htmlblog.freshfields.us/post/102htyx/non-fungible-tokens-who-owns-exactly-what-nowpiperalderman.com.au/insight/cant-be-evil-considering-creative-commons-nft-licenses/viewpoints.shoosmiths.co.uk/post/102hvuk/bored-ape-yacht-club-not-boringwww.dlapiper.com/en/us/insights/publications/2022/09/tech-disputes-looking-to-the-future-podcast-episode-1-key-legal-risks-of-nfts/#page=1my.slaughterandmay.com/insights/briefings/nfts-the-essentialsreacts.marks-clerk.com/post/102hz1i/bonfire-of-the-vanities#page=1www.engage.hoganlovells.com/knowledgeservices/news/london-brands-seminar-nfts-and-the-metaversewww.foxwilliams.com/2023/03/14/the-asa-on-red-alert-a-warning-to-fashion-brands-marketing-nfts/Digital products in the metaverse:...
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Turkey: Ban on Use of Cryptocurrency for Payments

blockchain.bakermckenzie.com/2021/04/19/turkey-bans-the-use-of-cryptocurrency-for-payments/#page=1www.cetinkaya.com/insights/crypto-news-regulation-prohibiting-use-crypto-assets-payments-has-been-published-official-gazettewww.cms-lawnow.com/ealerts/2021/04/turkey-introduces-its-first-regulation-on-crypto-assets?cc_lang=enwww.gentemizerozer.com/insights/detail/94/turkish-law-acknowledges-cryptocurrency-but-bans-its-use-for-payments-whats-nextwww.morogluarseven.com/news-and-publications/central-bank-of-turkey-publishes-countrys-first-cryptocurrency-regulation/www.morogluarseven.com/news-and-publications/category/publications/ma-gazette/ma-gazette-edition-103-11-may-2021/ Update:www.morogluarseven.com/news-and-publications/category/publications/ma-gazette/ma-gazette-edition-125-6-april-2023/ See also:www.nsnlawbulletin.com/post/nfts-and-copyright-law 0
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Australia: Tax Avoidance through Trusts – The ATO’s Focus on privately owned and wealthy Groups

ngm.com.au/tax-avoidance-trusts-ato-focus/www.ato.gov.au/General/Tax-avoidance-taskforce/Tax-Avoidance-Taskforce-highlights-2020-21/pinpoint.cch.com.au/news/csh-da-filter!WKAP_TAL_YAITTNEWS_REFERENCE/legauUio3418891sl1283809711/tax-scheme-promoters-and-complex-trusts-structures-still-an-ato-focuswww.ato.gov.au/General/The-fight-against-tax-crime/Our-focus/Serious-Financial-Crime-Taskforce/www.ato.gov.au/uploadedFiles/Content/ITX/downloads/SFCT_O_Tax%20Evasion_Fact%20Sheet.pdfwww.kwm.com/en/au/knowledge/insights/undeclared-foreign-income-20210924ngm.com.au/use-overseas-gift-loan-to-support-financial-activity-ato/cgw.com.au/publication/the-ato-is-cracking-down-on-undeclared-foreign-income-being-disguised-as-gifts-or-loans/www.holdingredlich.com/next-5000-findings-report-identifies-key-errors-common-to-many-private-groups See also:bit.ly/3ozw3YEbit.ly/3eXdo5Fwww.claytonutz.com/knowledge/2021/september/the-top-five-trends-shaping-disputes-with-the-australian-tax-office-and-your-tax-risk-in-2021pinpoint.cch.com.au/news/csh-da-filter!WKAP_TAL_YAITTNEWS_REFERENCE/legauUio3418502sl1283536199/ato-reminder-to-declare-income-from-shareswww.ato.gov.au/Business/Privately-owned-and-wealthy-groups/Tax-governance/Tax-governance-guide-for-privately-owned-groups/Gifts-or-loans-from-related-overseas-entities/www.ato.gov.au/law/view/document?DocID=TPA/TA20212/NAT/ATO/00001www.ato.gov.au/Business/Business-bulletins-newsroom/Tax-avoidance/Disguising-undeclared-foreign-income-as-gifts-or-loans/pinpoint.cch.com.au/news/csh-da-filter!WKAP_TAL_YAITTNEWS_REFERENCE/legauUio3423262sl1285880664/ato-sights-on-undeclared-foreign-income-disguised-as-gifts-or-loans-from-related-overseas-entitiesngm.com.au/ato-taxpayer-alert-disguise-foreign-income-gift-or-loan/cgw.com.au/publication/it-depends-gift-and-loan-back-strategies/#page=1cgw.com.au/publication/it-depends-the-atos-use-of-the-avoidance-provisions/#page=1 0
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Czech Republic: Definition of Beneficial Ownership extended to include those who have ‘Final Influence’

www.eversheds-sutherland.com/global/en/what/articles/index.page?ArticleID=en/global/czech-republic/en/New_Act_on_the_Registration_of_Beneficial_Owners_en_OSwww.schoenherr.eu/content/czech-republic-new-changes-in-the-register-of-ultimate-beneficial-owners/ Update:www.taylorwessing.com/en/insights-and-events/insights/2022/09/amendment-to-the-act-on-the-registration-of-beneficial-ownerswww.schoenherr.eu/content/new-rules-in-czech-ubo-law-as-of-1-october-2022-immediate-threat-of-sanctions/www.kinstellar.com/news-and-insights/detail/2132/czech-republic-ubo-update-deadline 0
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Cayman: CIMA fines Trust company with more than $4.2 million for AML breaches

www.cima.ky/upimages/noticedoc/PublicNotice-Administrativefine-IntertrustCorporateServicesCaymanLimited_1620946178.pdfcaymannewsservice.com/2021/05/intertrust-fined-4-2m-over-aml-failings/www.caymancompass.com/2021/05/14/cima-fines-intertrust-more-than-4-2-million-for-aml-breaches/Update:www.caymancompass.com/2021/10/04/intertrust-allowed-to-appeal-cimas-enforcement-action-after-deadline-passed/ 0
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