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

Leading law firm EPLegal joins Dentons LuatViet in Vietnam

EPLegal has a bench of talent including Tony Nguyen, EPLegal’s Founder, and Annie Ngo, EPLegal’s Managing Partner

Carried Interest under a Labour Government: UK Private Equity Professionals Beware

The most drastic (but perhaps straightforward) option for UK-based private equity professionals is to leave the UK now

What lenders need to know about financing Irish regulated funds

In fund finance transactions involving Irish funds, it is important to consider aspects such as segregated liability and the role of the depositary.

Jersey’s implementation of the OECD Pillar Two rules

The Government of Jersey has issued an update to the statement it released a year ago in relation to its plans to implement key aspects of the Pillar Two international tax reforms in Jersey.

Oversight: Streamlined requirements for master-feeder ETFs

This Oversight discusses the updated SFC circular on streamlined requirements for master-feeder ETFs.

Dentons Lee Signs MOU with Invest Seoul

Through this MOU, the two organizations agreed to comprehensively cooperate in order to attract outstanding global companies and foreign investment capital.

ESMA guidelines add to SFDR ‘complexity’ for fund sponsors

Under the guidelines, funds must comply with strict criteria to use any ESG-related words in its name.

ESMA call for evidence – review of the Eligible Assets Directive

The Commission mandated ESMA to carry out a review of market practices to ensure that the eligibility rules are being implemented

Change to UK NSIP consenting process ‘will lead to higher costs’

Dutch data protection authority raises expectations for GDPR compliance practices

Data law expert Andre Walter of Pinsent Masons said that the latest development shows that the Dutch DPA is raising expectations for GDPR compliance maturity and organisations need to plan for the establishment of a documented GDPR policy framework.

UK – The Information Commissioner calls for businesses to boost their cyber security

The ICO statement notes that the rate of cyber breaches is increasing. Over 3,000 breaches were reported in 2023, with finance and retail being the industries hit the hardest.

Upcoming amendments to the Hong Kong Listing Rules relating to treasury shares

The treasury shares may be re-deposited into CCASS immediately prior to any future re-sale.

Pre-election ‘wash-up’ brings abrupt end to UK government legislative programme

The bill would have placed a statutory duty on those responsible for qualifying events to take proportionate

Dutch coalition agreement ‘gives certainty of direction’ in policy making

The coalition government’s proposed budget measures are another area of concern for businesses according to Schouten.

Beneficial ownership registration requirement re-examined by the administrative judiciary

The judges believe that the issue presents several complexities

Gulf governments take ‘business friendly’ approach to AI regulation

Some GCC governments have released national strategies or guidelines around AI and similar technologies.

Regulatory oversight is key for Bermuda's insurance sector

Such oversight plays a vital role in the success of the industry by fostering a transparent and accountable insurance environment on the island.

Cladding Remediation Bill introduces new rules to Scotland’s real estate sector

A responsible developers scheme will also be established by the Bill, allowing engagement with developers connected to buildings with problematic cladding.

EU AI Act clears final vote

The EU AI Act will come into force 20 days after its publication in the OJEU, though most of its provisions will not take effect for a further two years after that date.

Guernsey announces further details of OECD Pillar Two implementation

Guernsey will shortly be engaging with the business community on some specific design elements as part of the legislative drafting process.

Government Regulation