The IIA released its Three Lines Model in July 2020 as an update to the highly-regarded Three Lines of Defence Model promulgated in 2013. Many practitioners either love it or hate it, while others (including this author) vacillate between the two states.
In recent years, the rapid growth of the market for cryptocurrencies and the increasing trend to raise funds through issuance of tokens , known as initial coin offerings (“ICO”) have resulted in inconsistencies in the regulation of ICOs across the world.
The revised tax treaty between Singapore and Thailand came into effect on 1 January 2017, replacing the previous treaty signed in 1975. Areas that may be affected include intellectual property, construction, real property, services, leasing, airlines and shipping and certain debt funding arrangements.