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

Irish employers must factor for salary increases for employment permit holders

Increases in the salary thresholds for employment permits were announced in 2023 with increases planned over two years, but an updated roadmap document now sets out changes up to at least 2030.

Child social media ban among new UK proposals

Implementing a ban would come with problems

BMA Announces a Reduction in Regulatory Burden for Insurers

The BMA emphasized that this is not a reduction in prudential standards, capital requirements or supervisory effectiveness.

Clyde & Co to support European MGAs in navigating regulatory complexity

As part of the two-year partnership, Clyde & Co will also develop a European MGA Report, building on its established publication produced for the UK market.

Ofgem publishes heat networks enforcement guidelines and policy statements

The finalised enforcement guidelines, which were published on 20 February, are a product of a series of consultations carried out by Ofgem

United Arab Emirates: MoF’s Electronic Invoicing Guidelines

This represents a major milestone in the UAE’s digital tax transformation journey and introduces mandatory compliance requirements for a broad spectrum of businesses operating in, or transacting with, the UAE.

IRS Issues Interim Guidance on “Material Assistance” from a Prohibited Foreign Entity

The Notice provides meaningful guidance on material assistance mechanics

Singaporean businesses should prepare for wage increases for foreign workers

The minimum qualifying monthly salary will be raised from S$5,600 (approx. US$4,431) up to S$6,000 for most sectors.

The UAE’s new civil code has banking and finance implications

When the new law takes effect, the ‘age of maturity’ in the UAE will be reduced – from 21 lunar years to 18 Gregorian years

The ongoing benefits of Guernsey QAHCs

There is a practical benefit if the Fund is managed or advised from the UK

Types and uses of Cayman Islands law trusts

There are generally no gift, estate, income or capital taxes in the Cayman Islands for individuals or companies.

Mayer Brown achieves “Elite” ranking across all 2026 Chambers Associate satisfaction categories

Chambers Associate recognized Mayer Brown as a top law firm for associate satisfaction in both New York and Chicago.

The Churchill effect: Compulsory ADR comes to the offshore jurisdictions

Walkers acted for the General Partner, ATP III GP Ltd.

US tariff uncertainty: the solutions open to businesses

There are winners and losers from the disapplication of the IEEPA tariffs.

Pensions Ombudsman highlights that final bonus rates are ‘inherently variable’

The decision (PDF 6 pages / 501 KB) determined that although delays caused by the scheme administrator amounted to maladministration, they did not lead to financial losses or injustice.

EU Pay Transparency Directive: implementation across EU member states

However, implementation has been slow across the EU, with most jurisdictions yet to publish draft legislation.

Clifford Chance advised the banks on the financing of POLSKIE PORTY LOTNICZE S.A.

The funds obtained under the term credit facility will be allocated in particular for the implementation of the investment plan of POLSKIE PORTY LOTNICZE S.A.,

US tariffs ruling creates immediate business uncertainty and casts doubt on recent US trade deals

The Trump administration has previously estimated that the imposition of tariffs would enable it to reduce the US’ national trade deficit by $4 trillion

Unlocking contractual freedom and dispute resolution in China’s GBA

Across the GBA, which comprises of nine cities in the Guangdong province in southern China and the Hong Kong and Macao Special Administrative Regions (SAR), disputes are rarely ‘local’ in practice

The Data Use and Access Act 2025: A new 'right to complain'

Clear internal ownership will be essential.

Government Regulation