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

UAE deadline for transition to fixed-term employment contracts extended

The transition of employees onto fixed-term employment contracts is mandated under UAE’s Labour Law, which was updated last year.

HMRC withdraws plastic packaging tax invoicing requirements

There will of course be some who have already expended time and effort on developing the systems to generate the information

CMA investigations to extend to consumer product 'green' claims in UK

Ongoing drive to tackle greenwashing and misleading claims means businesses

Aviation regulatory update 2022/2023

The pipeline of regulations and legislative measures for 2023 is likely to include the implementation of the outcomes and responses to these various consultations

Pensions disputes: market upheaval feeding into disputes landscape

The case considers some of the complaints that may arise where members have seen fund values fall during the Covid-19 pandemic

UK CMA to scrutinise green claims made in relation to foodstuffs, drinks and other household essentials

Greenwashing has attracted regulatory attention because consumers are increasingly taking environmental considerations into account when choosing products and services.

The Jersey property market: What's the outlook for 2023?

Interestingly, the purchase price of two-bedroom houses fell by £32,000 from that of the previous quarter, and the slightly higher bracket of four-bedroom houses remained on average unchanged at a mean sale price of £1,329,000.

Rights of exclusive patent licensees clarified

The Court of Appeal considered the interpretation of the provisions of the Patents Act 1977 that specifically deal with the rights of exclusive licensees in the context of a dispute over pharmaceutical patents.

Guernsey Regulator Releases Final Form Rules on Virtual Asset Service Provider & Consumer Lending Law

The GFSC consulted on a draft form of the Rules over the summer of 2022, and has also published feedback on that consultation.

Burges Salmon appointed to Ordnance Survey legal panel

The firm has been appointed to the OS legal panel for an initial three year period with the potential to extend

United we stand

It is important to understand that our laws are not the same as those in the UK and our courts are not generally required to follow their decisions.

Regulatory reform will shape 2023 cyber risk landscape

In 2023, organisations should continue to evaluate their readiness to deal with cyber issues. Consideration of cyber risk in the supply chain should form part of that.

Limitation period applies to claims made in adjudication

The limitation defence was raised by Cooper Construction Limited (Cooper) in adjudication enforcement proceedings before the High Court brought by LJR Interiors Limited (LJR).

Virtual Assets Service Providers Act enacted in the BVI

The registration requirements and continuing obligations are designed to ensure that service providers in the BVI operate in a prudent manner

A global comparison of international arbitration rules on new claims

Several arbitration rules rely on the concept of the Terms of Reference (ToR) to set a procedural milestone after which submitting new claims is made difficult.

Regulator of algorithms established in the Netherlands

Amsterdam-based technology law expert Wouter Seinen described the choice of the AP as the new regulator as “remarkable”.

US DOJ Announces Changes to Corporate Enforcement Policy

The policy, now to be called the Corporate Enforcement and Voluntary Self-Disclosure Policy, offers a presumption of a declination to companies who voluntarily self-disclose misconduct to the Criminal Division, fully cooperate and appropriately remediate,

Government Regulation