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

Employers in UAE are turning to long-term incentives to retain employees

Changes to the UAE’s Companies Law (Federal Law No.32 of 2021) permitting public companies to increase their share capital to put in place employee share plans

Universities must improve harassment protections ahead of OfS regulation

Universities and colleges will have until 1 August 2025 to implement all changes

Dentons Launches US Employment Class Action Defense Blog to Simplify Employment Law for Businesses

Dentons understands that workforce management is crucial to achieving business goals.

WADA faces anti-doping balancing act during Paris Olympic Games

WADA has implemented measures during the 2024 Games to combat the concerns.

Changes to Cayman Islands beneficial ownership reporting regime now in effect

Many entities that previously had few or no obligations will have to take steps to comply.

EU legislator strengthens minimum rules on asset recovery and confiscation in criminal

The European legislator is therefore increasingly taking new initiatives to tackle the expansion of organised crime, as well as further steps to strengthen the existing legal framework.

England postpones decision on proposed non-party access to court documents rule

This could increase costs and complexity in litigation procedure in the English courts, which is already an involved process.

UK chancellor statement shows Labour’s commitment to fiscal prudence

The chancellor announced that this year’s autumn budget will take place on 30 October

Increased Company Size Thresholds for Audit Exemptions in Ireland

The new thresholds apply to financial years commencing on or after 1 January 2024

Guidance on UK charity banking

Charities should also remember to keep their details up to date, including changes to trustees, and to inform banks of any large or unusual transactions.

The Charity Commission for England and Wales sets out its 2024-25 business plan

The Commission's first priority will involve the regulator focusing on issues that present a risk to the sector

The 150 Year Rule Falls - Cayman Perpetuities Act Changes

One of the most notable points involved in the disapplication of the Rule is that a settlor now has the option to choose whether to disapply the Rule against perpetuities for a newly settled trust or not.

Upcoming changes to Australia’s anti-money laundering and counter-terrorism financing laws

The proposed reforms intend to extend the application of the travel rule beyond financial institutions, to remittance providers and digital asset service providers.

NSW ruling underscores strict requirements for interstate service of applications to set aside statutory demands

The question mainly turned on the statutory interpretation of the now repealed section 600G of the Corporations Act and its interaction with the interstate service requirements of SEPA.

ELTIF 2.0 - European Commission Adopts RTS Delegated Regulation

ELTIFs can be marketed to retail or institutional investors across the European Union.

UK Supreme Court rewrites the rules on retained EU case law

The ruling may prompt the EU to raise concerns with the UK government

South African Public Procurement Bill becomes law

The Act also imposes a requirement that officers take necessary steps to prevent non-compliance with the Act.

Recognition and Enforcement of Foreign Judgments in Guernsey

In Guernsey a foreign judgment may be enforced by one of two methods

Qatar's Social Insurance Law: recent decisions and its impact

These decisions, issued by the Council of Ministers and aligned with Qatar Law No. 1/2022

UK Consumer Protection: Compliance guidance on pricing, urgency and green claims

Businesses should keep an eye on these developments as they provide a helpful steer on what the CMA will consider compliant under the new consumer regime.

Government Regulation