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

Luxembourg’s proposed company law reform heralds greater flexibility

If a shareholder fails to respond to a valid call for funds, the voting rights attached to the unpaid shares would be suspended until their full payment.

Maples Group Launches Canadian Fund Administration Solution

The Canadian fund administration solution will be delivered by the Group’s Montreal office.

UK offshore companies warned over isolation failings as HSE identifies serious shortcomings

Natalie Walker, a regulatory expert with Pinsent Masons in Aberdeen, said the findings showed how important it was for offshore operators to take the risks seriously.

Front-end lawyers critical to driving project success

Providing clarity on timeframes, cost allocation, and confidentiality provisions can also prevent disputes about the dispute resolution process itself.

The journey to qualifying as an advocate in Jersey and Guernsey

In Guernsey, qualification follows a two-part process that aspirants can complete in any order.

Pay Transparency Laws in Ireland – Are you Ready for June 2026?

Employees will have a right to receive information on their individual pay level.

Long-Awaited Modernization to the PRC’s Arbitration Regime

The revision process formally began in July 2021 with the Ministry of Justice of PRC presenting a draft for public consultation

The Bank of Tanzania issues the Banking and Financial Institutions (Non-Interest Banking Business) Regulations, Government Notice No. 688 of 2025 (the Non-Interest Banking Regulations)

The newly issued Regulations establish a clear and comprehensive legal framework for the governance, supervision and operation of non-interest banking business

The ‘spider effect’ of sanctions presents a business risk in 2026

The risk businesses could face in enforcing contractual breaches also need to be given serious consideration upfront.

CSSF Circular 25/901: modernisation and streamlining of Luxembourg funds

The Circular does not apply to European long-term investment funds

Bermuda Prohibits Bearer Shares and Nominee Directors

The Companies Act has also been amended to mandate the disclosure of additional details concerning alternate directors.

President Trump Orders HieFo Corporation to Divest EMCORE Corporation Chip and Wafer Fabrication Assets

The Order is a rare requirement for a foreign investor to divest its acquisition of a US business

Malaysia revamps arbitration rules in efficiency push

The changes are expected to modernise and bring greater efficiencies and transparency to Malaysia’s arbitration framework

Singapore's second data centre call for application: From pilot to power play

This is more than double the 80MW of capacity which was awarded as part of the 2022 pilot exercise to Equinix, Microsoft, GDS Holdings and a joint venture between AirTrunk and ByteDance.

Italy, trusts, and succession planning: a modern and competitive framework

Italy's inheritance and gift tax rules is among the most competitive in Europe, combining modest tax rates with generous exemptions for transfers within families.

Update of German civil procedure rules could bring AI to the fore

Another change to the procedural code is that regional courts in Germany will now have jurisdiction to hear claims arising from publications in printed materials

Ireland proposes residential address opt-out for company officers

Keenan said the proposed change without retrospective effect would be of limited benefit to individuals who are already or were formerly company directors

Publications Clarifying Schedule 2: The JFSC's proposals for revision of guidance for Article 36 of the Proceeds of Crime Law

The Draft Guidelines make it clear that reconsidering and reassessing whether activities are caught is an obligation and one which must be ongoing, especially where there are trigger events.

Amendments to Bermuda’s Beneficial Ownership Act

The Registrar is continuing to develop Regulations and Guidance Notes to provide practical direction on compliance obligations under the Act.

Firms face pressure over incoming non-financial misconduct rules

The rules follow the FCA publishing a comprehensive survey in 2024 on culture and non-financial misconduct within the UK’s financial services sector.

Government Regulation