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

Changes to the BVI business companies regime in force

Changes to the BVI business companies regime introduced, the BVI Business Companies (Amendment) Act

ESMA consults on new rules for open-ended loan originating funds

Shaw said the consultation should be seen in the wider context of the credit market.

PIPA – Are Fund Entities “In-Scope”?

Each fund must appoint a Privacy Officer.

Commercial Aviation Regulatory Policies and Priorities in the Trump Administration

At the beginning of the first Trump Administration, federal regulatory agencies were directed by Executive Order to withdraw or repeal two existing policies or regulations

Virtual Assets in the Cayman Islands Update

This update covers important updates to virtual assets regulation in the Cayman Islands.

The Use of Mediation in Restructuring and Insolvency: A Cayman Islands Perspective

Mediation has also been used in achieving effective outcomes in a number of high profile cross-border insolvency proceedings

Ageas and Saga tie up insurance partnership

The transactions include a 20-year partnership with Saga’s insurance broking business Services Limited

Federal Court Reimposes Suspension of Corporate Transparency Act Reporting Obligations

As a result, companies are, once again, not required to comply with FinCEN’s reporting deadlines, pending appeal.

A guide to Guernsey investment funds

Growth is also attributable to the high quality of services available in Guernsey

GPs behaving badly: disputes involving Cayman exempted limited partnerships

The surge in PE deal volume will incite a collective sigh of relief from M&A lawyers

Jersey foundations

A foundation is required to have a guardian at all times.

Liquidators' duties in investigations and asset recovery in Singapore

The Singapore High Court has recently provided helpful guidance to liquidators in charting out their duties and responsibilities

Injunction Temporarily Blocks Enforcement of the Corporate Transparency Act Nationwide – What You Need to Know

The district court’s order states that neither the CTA nor the implementing rules adopted by FinCEN may be enforced while the injunction remains in place.

ESMA publishes new Q&As on its Fund Naming Guidelines

ESMA has also confirmed that in-scope funds do not need to comply with the PAB/CTB exclusion criteria

The Mauritius Revenue Authority takes bold policy decision to treat compensation under Compromise Agreements as exempt income

The issue that arose was whether the amount paid to the employees as “compensation” under Section 16 of the Workers’ Rights Act 2019 was exempt from tax.

Government Regulation