- Managers of Wealth - Legal - Wealth, private banking and asset management news and opinion

Revised HMRC guidance: non-charitable expenditure

Where a charity's income and gains are not spent solely on charitable purposes, the charity's exemption from tax may be restricted.

Safeguarding guidance: changes to DBS checks and Online Safety Act 2023 requirements

The guidance now reflects the need for charities that operate social media or deliver online services to comply with the Online Safety Act 2023

Hong Kong SAR expands immigration facilitation scheme for arbitration

The expansion is effective immediately and broadens the immigration facilitation scheme for people participating in arbitral proceedings in Hong Kong SAR.

Guided retirement plans ‘could deliver better outcomes’ for DC pension savers

The draft regulations follow a policy consultation conducted last year on RCPS

Employment Act amendments now in force: tougher rules for disciplining and dismissing employees in Bermuda

Each is therefore subject to the EA's requirement that all disciplinary action be reasonable.

OCC Finalizes GENIUS Act Rulemaking

The Final Rule does, however, add new disclosure requirements.

Major changes to UK Indefinite Leave to Remain ('ILR') confirmed

Applicants in all pathways must meet the mandatory criteria

Returning value to UK shareholders: HMRC listens, but presses ahead

The consultation offered little detail on the proposed changes to the transactions in securities rule

Overseas defence suppliers face new UK offset requirements

It is expected to apply from April 2027, and will be considered on a case-by-case basis.

Is time finally up on Guernsey's no consent SAR regime?

The authorities have long been aware of industry concerns and the impact of “no consent” decisions on businesses and Guernsey Plc.

Government outlines plans to restrict cosmetic procedures in England

Power is given to the Scottish ministers to make regulations imposing further restrictions and requirements

Businesses should review trade marks before new Chinese regime comes into effect

The key message is not that defensive trade mark filing in China is coming to an end. Rather, the reforms increasingly favour justifiable protection over filing for filing's sake.

China’s new outbound investment rules: earlier reporting and broader oversight

The rules expressly require substance to take priority over legal form when identifying the investor, investment, control and Chinese investment amount.

Employment tribunal time limits in the UK have doubled: is your business prepared?

In most cases the time limit applies to the date the employee needs to begin the mandatory pre claim Acas early conciliation process.

UK issues draft consumer subscription rules amidst active CMA enforcement

The new regime will operate alongside the wider UK consumer law framework

UK confirms stronger dismissal protections for pregnant employees and new parents

Under the proposals, the existing five potentially fair reasons for dismissal will remain.

ESTA/Visa waiver travel may be unavailable to certain current or former US citizens

Individuals falling within one of these categories may be required to apply through a US Embassy

Linklaters develops innovative capital solution for multilateral development banks

The CCF sets an important precedent for supporting for MDB lending by making MDBs more shock resilient due to its remote nature, low probability, and near zero cost to governments.

No Malone? Naming rights and eponymous brands

If the Jo Malone dispute proceeds to a judgment, the contractual terms governing use of her name may be central to its resolution

Collas Crill renews Jersey Cares training partnership

The partnership reflects Collas Crill's commitment to creating meaningful, long-term relationships with local organisations that deliver lasting benefits within the community.

Government Regulation