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Middle East & Africa
Fund Management/ REITs
Ziv Sharon & Co
This determination may open various tax planning arguing that the settlor can still argue for personal benefits.
The Housing Fund Regulations, 2018 (the Regulations) were gazetted on Friday 21 December 2018 and require that:
With a focus on sustainable growth, this year's Summit of the Francophone Institute of Financial Regulators (Institut Francophone de la Régulation Financière – IFREFI)
Mauritius is playing a pivotal role in facilitating investments with a social and environmental impact in Africa.
A few days ago, the President of the Federal Republic of Nigeria declined assent on the National Housing Fund Bill (the "NHF Bill") recently passed by the National Assembly.
Taxaide Professional Services Ltd
The National Housing Fund, which was established by the NHF Act of 1992, is a scheme created by the Federal Government to cater for the housing needs of the Nigerian citizenry.
Understandably, the Act exempts any income generated by the Trust Fund from income tax.
Andersen Tax LP
On 24 June 2019, the Nigerian President signed the Nigeria Police Trust Fund (Establishment) Bill ("Police Trust Fund Act" or "the Act") into law.
Banwo & Ighodalo
By the time ‘The Nigerian Capital Market Master Plan 2015-2025' was launched by the SEC in November 2015, as a 10-year road map for developing the country's capital market into a global financial center, ...
South Africa
Dykes Van Heerden Inc
This newsflash is an update to our September 2018 newsflash published on this topic.
Dykes Van Heerden Inc
From 1 March 2019, Conveyancers are required to invest trust funds on behalf of clients in terms of section 86(4) of the Legal Practice Act 28 of 2014 instead of section 78(2A) of the Attorney's Act 53 of 1979 (as this Act has been repealed).
There was a matter where a purchaser of immovable property paid an amount of R 2.6 Million as the purchase price to their Conveyancer.
Clyde & Co
In this month's legal briefing, we set out the additional requirements imposed on payment system providers by the Bank of Tanzania (the BoT).
Clyde & Co
As part of more robust anti-money laundering measures, the Tanzanian government has recently released the new Anti-Money Laundering
United Arab Emirates
STA Law Firm
Private equity real estate is an advantage class that comprises of pooled private and public interests in the real estate market.
Akin Gump Strauss Hauer & Feld LLP
Qualifying Abu Dhabi Global Market (ADGM) entities, including special purpose vehicles, foundations and real estate investment funds
TMF Group
TMF Group
With that said, a fair amount of technology is implemented in order to handle the work load.
The new Incorporated Cell Company (ICC) Regulations came into force on 1 May 2019 following a decision of the Board of Directors of the Dubai International Financial Centre (DIFC)
As Africa struggles to bridge the financing gap required to sustain its rising population, Raju Jaddoo, Non-Executive Director of Ocorian AMEA, sheds light on the change in strategy of African pension funds ...
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