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May 132022ESG is now a key issue for company boards and management, and an important consideration for shareholders and investors, individual employees and stakeholders alike. There are rapidly evolving ESG regulations and disclosure requirements with which Hong Kong companies need to comply.
May 132022Europe Daily News, the latest policy and legal developments in the European Union
May 132022QI Agreement: US IRS Proposes Modifications to Rules for Distributions by PTPs and Transfers of PTP InterestsAfter approximately 18 months of taxpayer anticipation, the US Internal Revenue Service (“IRS”) has released Notice 2022-23 (which has been unofficially referred to as the “QI rider”), which proposes changes to the Qualified Intermediary (“QI”) Agreement that will permit a QI to assume withholding and reporting responsibilities for purposes of Sections 1446(a) and (f). This Legal Update provides background, notes important related dates and highlights some of the proposed updates to the QI Agreement.