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

Court rules that genuine attempt to restructure did not put assets beyond reach of creditors

The ruling will be welcomed by lenders and professional advisers.

Macfarlanes joins the Black Talent Charter as signatory

The aim of the Charter is to work collaboratively with organisations across the financial and professional sectors

Thirty Madison Acquires Assets From The Pill Club in Section 363 Sale

The acquisition will allow Thirty Madison to provide continuous reproductive care to those who would otherwise be without options

Latham & Watkins Launches Virtual Experience Program on Capital Markets Law

Complimentary program on Forage offers business, academic, and legal community opportunity to advise on a hypothetical initial public offering and learn more about working at a global law firm.

English football clubs to benefit from new immigration rules

The availability of the route depends on a points-based system that now includes a new and significant exemption in the men’s game.

Amendments to the BVI Civil Procedure Rules Series – Part Two

Any proceeding can be heard in private with the consent of the parties.

New rights for parents and carers in the UK

The three Acts will come into force at different times and secondary legislation will provide further detail and bring them fully into effect.

Data subject access requests (DSARs) - ICO guidance

They are entitled to be told where the information came from, what it is being used for and if and with whom it is being shared.

New study highlights growing risk of climate litigation to corporations

The report also notes that just under 10% of climate litigation cases are filed against corporations.

HMRC plans new single tax on securities

Tax on electronic share transfers will continue to be collected through the UK’s Central Securities Depositary (CREST) system.

Personal Information Protection Amendment Bill 2023

Bermuda has recognized the growing importance of data protection and privacy in the modern digital landscape.

Cayman Islands’ Joint Provisional Liquidators Appointed Over Failed Cryptocurrency Exchange

The Court’s appointment of JPLs in this matter demonstrates that the Cayman Islands Court continues to be adept at dealing with applications for the preservation of assets on an urgent basis.

The Online Safety and Media Regulation Act 2022 – a new framework for the regulation of harmful online content in Ireland

Significantly the OSMR Act also establishes, by way of Part 11, a brand new statutory regime for online safety including the regulation of harmful online content which will also be commenced on 15 March 2023.

Next steps in EU employment law reform

The amendments to holiday pay rules and TUPE, if implemented, will be important but not sweeping.

Forever chemicals a mounting litigation risk for businesses

There is already a move to restrict the use of PFAS in certain contexts.

FCA proposes tougher rules for cryptoasset marketing

The rules will apply to ‘qualifying cryptoassets’

Corporate Governance Update – Cayman Islands Regulated Entities

The Rule and Guidance will bring about several changes to the previous corporate governance requirements for regulated entities and extend them to private funds, which were not previously covered.

Attorney Kurt Gerstner presents on helping foreign companies deal with US litigation discovery at IADC 2023 Annual Meeting

He will focus on difficulties foreign clients may have understanding and complying with US discovery obligations

UK banks urged to prepare for new APP fraud reimbursement rules

Under the proposed new rules, payment firms will have to reimburse most APP fraud victims within five business days and additional protections will be put in place for vulnerable customers.

Employing UK citizens in Germany

This means that UK citizens must leave Germany after 90 days of stay, unless they can show a residence permit that allows them to remain in the Federal territory.

Government Regulation