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Banking

19 April 2019
Željka Rostaš Blažeković Taxation of virtual currencies

Croatia - Porobija & Porobija

The Croatian Tax Authority has issued several relevant opinions regarding the taxation of virtual currencies. Since 2015 the Croatian Tax Authority, in line with the European Court of Justice's Skatteverket decision, has exempted virtual currency exchange services from value added tax, established relevant tax treatments for the mining and trading of virtual currencies and provided its opinion on payments in virtual currencies.

Author: Željka Rostaš Blažeković
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Marco Penna Brexit decree-law comes into force

Italy - Legance Avvocati Associati

The government recently issued Decree-Law 22/2019, which is aimed at ensuring the security, financial stability and integrity of financial markets in the event of a so-called 'hard Brexit'. Under the decree-law, UK banks that carry out activities subject to mutual recognition on the United Kingdom's withdrawal date can continue carrying out their activities in Italy by serving notice to the Bank of Italy. Further, Italian branches of UK banks may continue to carry out their activities by serving notice to the Bank of Italy.

Author: Marco Penna
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Recent updates

Željka Rostaš Blažeković Overview of acts and warnings regarding virtual currencies

Croatia - Porobija & Porobija

Author: Željka Rostaš Blažeković
Alexander Vogel Federal Council proposes several changes to financial market regulations

Switzerland - Meyerlustenberger Lachenal

Authors: Alexander Vogel, Reto Luthiger
Marco Penna New banking regulation: temporary measures in event of hard Brexit

Italy - Legance Avvocati Associati

Author: Marco Penna
Oludare Senbore Financial inclusion: Central Bank of Nigeria introduces payment service banks

Nigeria - Aluko and Oyebode

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Monic Nisa Devina New Bank Indonesia regulation on prudential rules for offshore debt and FX-denominated liabilities

Indonesia - Ali Budiardjo, Nugroho, Reksodiputro

Authors: Monic Nisa Devina, Maher Asmoro Putra Sasongko
Željka Rostaš Blažeković Virtual currencies – EU legal overview

European Union - Porobija & Porobija

Authors: Željka Rostaš Blažeković, Mislav Vukina

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