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News

Foreign institutional investors may find interesting that Korea improves accessibility to the Korean stock market, by relaxing the eligibility requirements for opening a foreign omnibus account (FOA).

South Korea: New Foreign Omnibus Account regime – Unlocking tax treaty benefits through WHT refund claims
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Asset managers of Cayman Islands-domiciled funds and their distributors that market to German investors may find of interest the recent clarification regarding the AIFMD II EU Directive.

Germany: Cayman Funds – German Authority Confirms Continued Eligibility for Marketing under AIFMD II
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The Tiger Global ruling by the Indian Supreme Court marks a decisive shift in how India’s highest court views offshore investment structures into the country.

India: The Tiger Global Ruling - A Moment of Reckoning for Foreign Investment Structures in India
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The ATO continues to increase its focus on governance over data sourced from outsourced service providers (OSPs), including custodians, administrators, registries and technology platforms.

Australian Taxation Office (ATO) Focus on Third Party Data Governance – Key Takeaways for Investment Industry Entities
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There are interesting implications of a new judgment of the Provincial Administrative Court in Lublin dated 12 Nov 2025 in case no. I SA/Lu 346/25 (the “Polish Case”).

Poland: US investment fund and Polish WHT refund (2020 / 2021) – New court case
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A new Swedish ruling opens refund opportunities for asset managers of international (regulated) investment funds as limited commodity exposure no longer blocks withholding tax relief.

Sweden: Foreign non-UCITS funds exempt from Swedish Withholding Tax despite investments in commodities
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