Global Shifts in the Registry World This Week
This week’s Registry News brings important updates from around the globe. From shifts in anti-money laundering efforts to new regulations on business registration, these stories highlight the ongoing changes shaping the way companies operate and comply with regulations.
This week, we’re seeing significant updates from around the world in the registry space. Here’s a look at the top stories:
-
-
Philippines: Exit from Gray List to Boost Investments
The Philippines has successfully exited the gray list, which is expected to positively impact foreign investments and foster economic growth. Read more -
Nigeria: NEITI’s Commitment to Combat Corruption
The Nigerian Extractive Industries Transparency Initiative (NEITI) is deepening its efforts to combat corruption, aiming for an improved corruption perception ranking globally. Read more -
US: Corporate Transparency Act: Compliance Reinstated with New Filing Deadline
The US has reinstated the Corporate Transparency Act compliance requirements, with a new filing deadline set for March 21, 2025. Read more -
Haiti: New Business Name Certificate and Online Registration Application
Haiti has introduced a new business certificate and online registration process to streamline business operations and encourage compliance. Read more -
Canada: Calls for Beneficial Ownership Registers to Tackle Corporate Misuse
There are increasing calls for the creation of beneficial ownership registers in Canada to address concerns about organized crime groups exploiting corporate loopholes. Read more -
South Africa: Key Deficiencies Resolved, Nearing Graylist Exit
South Africa is on the cusp of exiting the gray list after addressing key deficiencies in its regulatory and compliance framework. Read more - Uganda: Strong Entrepreneurial Spirit Despite Low Registration Rates
In Uganda, despite strong entrepreneurial spirit, only 39% of businesses are officially registered, pointing to challenges in formalizing the sector. Read more -
Australia: ATO Names New Chief Information Officer
The Australian Tax Office (ATO) has appointed a new Chief Information Officer as part of its strategy to enhance digital services. Read more -
Cayman Islands: Changes to Beneficial Ownership Regime
The Cayman Islands has made changes to its beneficial ownership regime to improve transparency and prevent misuse of corporate structures. Read more -
Malawi: Parliament to Debate Executive-Legislative Bills on Company Laws
Malawi’s parliament is set to debate three bills that will impact company, copyright, and marriage laws. Read more -
India: Over 29,500 Drones Registered Across the Country
Over 29,500 drones have been registered across India, with Delhi leading the way with 4,882 registrations. Read more -
US: KFC to Relocate Headquarters to Texas
KFC is moving its headquarters to Texas in a move to take advantage of the state's lower taxes. Read more
-
Stay updated by visiting often our "Registry News Weekly" summary and the Foster Moore blog for more insights on these stories and other key registry news.
We Want to Hear From You!
Are there important developments or news about your registry that you’d like to share with the wider registry community? We invite registry professionals and organizations to submit news for inclusion in our weekly digest. Submit your updates to press@fostermoore.com and help us keep the registry world informed!