Resources
TFLC has consistently proven itself to be able to embrace change and deliver results for our clients across the world.
EU News- EU Invest Updates
The InvestEU Programme provides long-term funding to companies and supports Union policies in sustainable recovery Read more – https://investeu.europa.eu/index_en
UAE News – UAE Golden Visa
The Golden visa is a long-term residence visa which enables foreign talents to live, and work or study in the UAE while enjoying exclusive benefits. Investors, entrepreneurs, scientists, outstanding students and graduates, humanitarian pioneers and frontline heroes...
ADGM Updates – ADGM Welcomes Kraken, Global Virtual Asset Exchange, to its International Financial Centre
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is pleased to welcome Kraken to its fast-growing virtual asset community and financial ecosystem. Kraken is the first global cryptocurrency exchange to receive a Financial Services...
DIFC Updates – DIFC Announces Proposed Amendments to the DIFC Prescribed Company Regulations for Consultation
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has issued a consultation paper proposing to amend the DIFC Prescribed Company Regulations. The Proposed amendments will enhance...
RAKEZ Updates – Recognised in the ‘Best Covid Response Team’ Category
Ras Al Khaimah Economic Zone (RAKEZ) has been recognised as runner-up for having the ‘Best COVID Response Team 2021’ at the Middle East Clean, Hygiene & Facility (MECHF) Awards 2022. A six-member panel, comprising local and international health and safety experts,...
EU News – Tourists flow in Spain
The Spanish government has announced that in March, the average spending of tourists visiting Spain was around €1,257 per person, which marks an annual increase of 13.6 per cent from the amount of €1,068 that tourists spent on average in March 2019. In a statement...
FATF Rules – Ultimate Beneficial Ownership
he Financial Action Task Force today adopted amendments to Recommendation 24 and its Interpretive Note which require countries to prevent the misuse of legal persons for money laundering or terrorist financing and to ensure that there is adequate, accurate and...
The World’s Top Three Places to Invest in Real Estate Today
Portugal, Panama & Mexico are rated as the world’s top three places to invest in real estate! To know more visit https://internationalliving.com/the-worlds-top-three-place
European Banking Authority (EBA) highlights continued poor practice around AML in latest implementation reviews
European Banking Authority highlights inconsistencies and poor practice by AML regulatory bodies across the continent. Barclays wins in the Supreme Court and there’s more on the approach banks take to de-risking. The EBA has published its latest report on...