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

The Guernsey anti-money laundering regime through the lens of human rights caselaw

Failure to bring a successful private law action could result in the assets being informally frozen for years or even decades.

Age will matter - in time. Guernsey's next step in anti-discrimination law - DELAYED!

The Ordinance came into effect on 1 October 2023 and was always intended to be developed over a three phased process.

Ten things every VASP should know about the BVI Virtual Assets Service Providers Act, 2022

The VASP Act defines a “VASP” as a virtual asset service provider who provides, as a business, a virtual assets service and is registered to conduct one or more of the following activities

Killing trusts softly: the Australia-Canada-U.S. trust paradox

A revocable trust exists for legal purposes but the assets are still treated as if they are owned by the grantor from a U.S. tax perspective.

Regulatory Clarity: Bermuda’s Approach to Long-term Block Reinsurance

With Bermuda’s role as a global hub for insurance and reinsurance, these rules enhance market stability and regulatory oversight

Climate Leadership Confronts Policy Whiplash

If the last decade has taught us anything, it is that climate leadership is no longer the preserve of national governments.

South Africa construction sector requires ‘system-wide’ sustainability behavioural change

If left unchecked, annual sector emissions could increase by up to 127% by 2050 due to rising infrastructure demand driven by population growth and social economic development.

Simmons supports Enzen restructuring as new industry precedent set

The Simmons team advising Enzen was led by Tina Lockwood

Shares across shores

The Appellants nevertheless appealed to the Privy Council with the leave of the Court of Appeal.

At a glance guide to Guernsey Natural Capital Funds

The Natural Capital Fund and Green Fund both predate the EU's SFDR and Taxonomy Directives, marking out Guernsey as an early adopter and leader in sustainable finance.

Entering and Exiting Bermuda for Visa-Controlled Nationals

The practical implications of these updates are that travelers whose country is listed must present an MRV for the UK, US or Canada to enter Bermuda.

Guide to Funds in Guernsey

Economic substance requirements that apply to companies now extend to partnerships.

Ogier Global secures Irish fund administration licence

With the newly acquired licence, Ogier Global is equipped to provide an expanded suite of fund administration solutions to its global clientele.

The latest uprating of statutory rates and limits in the UK

Statutory sick pay (‘SSP’) increases from £116.75 to £118.75 with effect from 6 April 2025.

Ethnicity and disability pay gap reporting in the UK

The consultation paper observes that gender pay gap reporting 'has led to greater transparency for employers and employees.

‘Green-bleaching’ risk flagged for EU asset managers

Fund managers electing to market their products as neither Article 8 nor Article 9 funds face only a limited duty to explain to investors

UK defence sector opportunities arise from spring statement

The reforms will include the introduction of a “segmented approach” to defence procurement by the MOD, the Treasury confirmed.

Latham & Watkins Advises Avenue Capital Group in US$2.2 Billion Energy Transition-Focused Asset Sale to Partners Group

Multidisciplinary team represents the global investment firm in transaction involving its Avenue Golden Continuation Fund.

Rights and Liabilities of Limited Partners of Exempted Limited Partnerships in the Cayman Islands

An ELP does not have separate legal personality (unlike a Cayman company) and acts through its general partner.

FCA five-year strategy underscores commitment to building trust in financial industry

The FCA strategy is built on four priorities which support its statutory objectives relating to consumer protection, integrity, competition and growth.

Government Regulation