Recent News

The Economic Crime and Corporate Transparency Act 2023 introduces mandatory identity verification for key individuals associated with UK companies and LLPs — including directors, LLP members, and Persons with Significant Control (PSCs).How verification worksIdentity can be verified in two ways:directly through Companies House, orvia an Authorised Corporate Service Provider (ACSP) — such as accountants, company formation agents, or law firms authorised to conduct verification.Who must be verified:new directors — before appointment;new PSCs — within 14 days of becoming a PSC;existing directors, LLP members, and PSCs — will have a transitional period (up to 12 months) after the system goes live.If a person is both a director and a PSC, stricter deadlines apply.Consequences of failing to complete verification:an unverified director cannot perform their duties or file documents with Companies House;companies may be prohibited from filing any documents if at least one required individual is not verified;the company and the relevant individuals may face fines and other sanctions.Recommended actions:identify all individuals subject to mandatory verification;notify them in...

Corporate changes In 2025, corporate law in key jurisdictions moved in one clear direction: fewer formalities and more substantive checks. States are increasingly assessing not only how a company is registered, but also the real purpose of its activity and who actually controls it. United Kingdom: Companies House as an active regulator In 2025, Companies House finally moved away from the “register by declaration” model. The registrar: verifies directors and PSCs; may block registration actions; shares information with law enforcement authorities and HMRC. For international business, this means increased risks for UK companies without real management and proper documentation. United States: stricter requirements for beneficiary disclosure (BOI Reporting) One of the key developments in the United States in 2025 was the practical implementation of the Corporate Transparency Act. Key changes for businesses: most private companies are required to submit Beneficial Ownership Information (BOI) to FinCEN; information on ultimate beneficial owners and controlling persons must be disclosed; financial and criminal...

Quinn, a startup focused on AI-driven financial planning and advisory tools, has emerged from stealth with $11 million in seed funding led by Viola Fintech. The platform allows financial institutions to scale their advisory capabilities by embedding AI tools into existing systems via API. Quinn supports white-label, co-branded, or integrated implementations for seamless deployment. According to the company, its technology enables: advisor-level client onboarding in under 12 minutes; AI-generated financial plans delivered in 30 seconds; personalized upselling and cross-selling suggestions based on user behavior. “The future of wealth management isn’t about replacing advisors — it’s about augmenting them,” said Quinn CEO Roy Markowitz. “We empower institutions to offer deeply personalized, actionable guidance at scale, without compromising trust or...

Coinbase has rolled out Coinbase Payments — a new stablecoin-based payment system designed to simplify the acceptance of USDC by online merchants, payment service providers, and commerce platforms worldwide. Now live on Shopify, the system is aimed at reducing the complexity of stablecoin integration for marketplaces, PSPs, and infrastructure providers in e-commerce. Coinbase is working to make USDC payments accessible, seamless, and scalable. The architecture includes: instant USDC payments through Coinbase Wallet, MetaMask, Phantom, and others; a developer-friendly API layer enabling authorization, fund capture, refunds, subscriptions, and key management; open-source smart contracts supporting secure and scalable onchain transactions. With stablecoins gaining momentum, this launch positions Coinbase as a driver of crypto payment infrastructure. According to Citi, the stablecoin market may grow from $230 billion today to $1.6–3.7 trillion by...

PayPal has partnered with Mastercard to launch One Credential — a digital payment identifier that aims to simplify and personalize checkout experiences for both consumers and businesses. Developed by Mastercard, One Credential allows users to choose from multiple payment methods — including installments, debit, credit, and prepaid — all through a single interface with one card. Through this collaboration with PayPal, the system will offer tailored benefits such as: selecting personalized payment options without re-entering data; shifting from debit spending to structured credit use; building a stronger credit history over time. In the same week, PayPal also announced a new physical credit card issued by Synchrony. This card expands the utility of PayPal Credit for in-store purchases wherever Mastercard is accepted. Additionally, users will benefit from a travel promo: six-month interest-free financing on flights, hotels, cruises, and group trips — with no minimum purchase...

According to the Financial Times, Poland’s broad-based stock index WIG has emerged as one of the strongest performers on global markets in 2025. With a year-to-date gain of 28.6%, it has outpaced high-growth markets such as Chile and Greece. This impressive surge is fueled by a combination of macroeconomic stability, declining inflation, anticipated interest rate cuts, and increased investor interest in Central and Eastern Europe. For business owners and portfolio investors seeking emerging opportunities, the Polish market offers a compelling case. The WIG index reflects the health of both large-cap companies and key sectors like banking, energy, IT, and manufacturing. Key drivers of the rally include: strong performance in the banking sector, with rising profits and loan recovery; gains in energy stocks amid high commodity prices and modernization efforts; growth in tech and IT companies, driven by rising exports to EU and US clients. Analysts note that Polish equities still remain undervalued compared to Western European markets, suggesting room for continued upward momentum. Moreover, Poland is increasingly viewed as a hub for logistics,...

The Dubai government has signed a memorandum of understanding with Crypto․com, allowing both citizens and businesses to pay for government services using cryptocurrency wallets on the platform, CNBC reports. This move aligns with Dubai’s broader vision of becoming a global leader in digital economy and blockchain innovation. For business owners, the integration brings key advantages: paying licensing fees and service charges in crypto; streamlining interactions with government agencies; embedding crypto into everyday business operations; strengthening the UAE’s position as a crypto innovation hub. The partnership also offers Dubai a real-world environment to test digital payment models and attract more Web3 and fintech firms to the...

In June 2025, Switzerland officially recorded 0% inflation, according to The Wall Street Journal — a rare milestone in today’s global economy. For business owners and investors with international interests, this sends a strong signal: Switzerland remains a low-risk, financially stable jurisdiction. Price stability supports: predictable long-term financial planning; reallocating operations to stable markets; preserving capital or distributing dividends in a strong currency; using Switzerland as a strategic banking or corporate base in Europe. The Swiss franc continues to be one of the most trusted global currencies. With inflation at zero, its appeal for international entrepreneurs operating in volatile regions only increases. As inflation remains a challenge elsewhere, Switzerland offers a clear alternative — especially for those seeking to relocate assets, register holding companies, or diversify...

The Bank for International Settlements (BIS), together with several European central banks, has successfully demonstrated how wholesale payment systems like RTGS can interoperate for foreign exchange transactions using new technologies, including distributed ledger technology (DLT). The joint initiative included the BIS, Bank of England, Banque de France, Bank of Italy, Bundesbank, and the European Central Bank. Its core objective was to enable synchronized settlements where asset transfers occur simultaneously, following the “payment-versus-payment” (PvP) model. At the heart of the Meridian FX project is a synchronization operator — a technically neutral interface designed to coordinate the exchange between payment systems. The project connected a synthetic version of the UK RTGS system with three experimental DLT platforms developed by the Eurosystem: DL3S — developed by Banque de France TIPS Hash-Link — developed by Bank of Italy Trigger Solution — developed by Bundesbank In each case, the synchronization operator successfully executed PvP settlements. Meridian FX also explored value-added features such as liquidity-saving...