British Antarctic Survey
A research mission to determine the impact of the giant A-68a iceberg on one of the world’s most important ecosystems gets underway next month. A team of scientists, led by British Antarctic Survey (BAS), will set sail on the National Oceanography Centre’s (NOC) ship bound for the sub-Antarctic island of South Georgia.
King Edward Point Research Station on the island of South Georgia
The huge berg, which broke away from Antarctica’s Larsen C Ice Shelf in 2017, is now 3900 sq km in area. After satellite images revealed its movement towards South Georgia, the science team put a proposal to NERC to fund an urgent mission south. Recent images captured from the air by the MOD show that the iceberg is breaking up. The team will investigate the impact of freshwater from the melting ice into a region of the ocean that sustains colonies of penguins, seals and whales. These waters are also home to some of the most sustainably managed fisheries in the world.
BAS to study impact of giant A 68 iceberg and fresh water on South Georgia s ecosystem Full article The team will investigate the impact of freshwater from the melting ice into a region of the ocean that sustains colonies of penguins, seals and whales These waters are also home to some of the most sustainably managed fisheries in the world. Underwater robotic gliders will be deployed from the NOC research ship RRS James Cook, which departs the Falkland Islands for the iceberg in late January. Scientists will deploy two Slocum gliders to collect data from the A68a iceberg. (Pic. David White)
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To address concerns raised by the EU Code of Conduct Group for business taxation (the Code Group), and under the OECD s base erosion and profit shifting (BEPS) action plan, in 2017, EU member states began a push for economic substance regulations in the tax policies of both EU member states and third countries. Following its assessment, the EU revealed a list of 13 jurisdictions that needed to deal with their findings regarding the demonstration of economic substance, or be placed on an EU blacklist. In June 2018, the EU issued a scoping paper detailing the economic substance requisites that the subject jurisdictions should adopt before 2019 regarding entities based in those jurisdictions. It s currently anticipated that these economic substance conditions will become a worldwide OECD standard, as they were recently supported by its Forum on Harmful Tax Practices.
14 December 2020
The UK government has published draft legislation today which sets out the minimum it expects to see from British Overseas Territories when they publish the owners of companies registered there.
The legislation – which is supported by Overseas Territories themselves – will improve corporate transparency and deter illicit finance.
The introduction of publicly accessible registers of who controls companies in their jurisdiction shows the Overseas Territories’ commitment to corporate transparency.
The registers will mean that members of the public will be able to look up who owns a company if it is registered in an Overseas Territory.
The government expects all Overseas Territories to have these registers in place by the end of 2023.