News archive for February 2025

In recent years, global efforts to increase financial transparency have led to significant changes in how banks handle tax compliance. Two major initiatives driving this shift are the Common Reporting Standard (CRS) and the Automatic Exchange of Information (AEoI), which were introduced to combat tax evasion and improve cooperation between tax authorities worldwide. 

Curious about the role of a first mate on a superyacht? Our guide covers everything from daily duties and essential qualifications to the unique financial perks that make this career so rewarding. Discover what it takes to succeed as a first mate and why it’s one of the most sought-after positions at sea.