There is substantial empirical evidence that the global system of trade is fragmenting. The bigger question is how far the fragmentation will spread, and whether it becomes adaptive or harmful. No business can afford to ignore the potential consequences. Since the 1990s, regional trade agreements proliferated rapidly. Almost all members of the global trading system…
CHANGES TO THE LEGISLATION On 6 December 2024, the Prevention and Combating of Money Laundering (Amendment) (No. 2) Law of 2024 with number L.141(I)/2024 was published, introducing the below amendments: 1. The penalties for the omission or neglection of the filing / annual confirmation of the UBO Register will only be applicable to the legal…
After years of working alongside healthcare providers and medical groups, one reality stands out, IFRS 9 is rarely as straightforward in practice as it appears in theory. What is often viewed as a standard credit risk exercise quickly becomes more complex once it is applied to the day-to-day dynamics of the healthcare sector. Unlike many…
The financial services industry has long operated in an environment of evolving accounting and regulatory requirements. While IFRS 9 has now become embedded in financial reporting frameworks, recent developments and the introduction of IFRS 18 are prompting financial institutions to revisit not only their accounting policies, but also how they communicate performance to investors and…
The legal profession has historically been regarded as one of the most traditional sectors in the business world. Many law firms have traditionally relied on structures and working practices that changed only gradually, supported by predictable billing models and labour-intensive processes. That is changing. The relentless march of technology is now changing the legal industry…
The revised FRS 102 lease accounting rules will bring important changes for many leisure and hospitality businesses, particularly hotels, pubs, restaurants, visitor attractions and other operators with leased properties with the biggest impact being felt by operators with larger estates. Whether you operate hotels, pubs, restaurants or visitor attractions, it is likely property will represent…
With the provisions introduced by Law 5313/2026, Greece aims to become an attractive destination for the establishment and management of Alternative Investment Funds (AIFs). In detail, the favorable tax regime already applicable to income derived from the participation of individuals, members of the Manager’s team, in the carried interest of Venture Capital Mutual Funds (AKES),…
Date: Thursday 26th February Time: 11:00am – 12:00pm Due to the recent ruling from the Supreme Court, we would like to invite you to attend our joint webinar, Supreme Court Ruling on US Tariffs – What companies need to know, where our experts will break down the ruling, its implications, and what steps businesses should…