Managers of Wealth - Legal http://legal.managersofwealth.com/ Fri, 17 Sep 2021 17:49:52 BST part of MediaG8way Group http://legal.managersofwealth.com/ http://legal.managersofwealth.com/assets/images/logo.png Managers of Wealth - Legal KohanaPHP Ogier leads offshore with five named in Citywealth Private Client Top 100 News Team Thursday, September 16, 2021 1:00 am http://legal.managersofwealth.com/article/64920/ogier-leads-offshore-with-five-named-in-citywealth-private-client-top-100 The independently curated list presents the top 100 Private Client Lawyers for 2021 who went above and beyond for their clients during the pandemic. Wealth, Trusts and Family Office Charity Commission report shows an increase in public trust in charities News Team Tuesday, September 14, 2021 1:00 am http://legal.managersofwealth.com/article/64851/charity-commission-report-shows-an-increase-in-public-trust-in-charities The pandemic has likely played a part in this, highlighting the positive difference charities can make in a wide range of areas, such as tackling food poverty and conducting medical research. Wealth, Trusts and Family Office Pilatus wants compensation, alleges corruption in MFSA’s choice for liquidation lawyers News Aggregation Team Friday, September 03, 2021 1:00 am http://legal.managersofwealth.com/article/64712/pilatus-wants-compensation-alleges-corruption-in-mfsaamprsquos-choice-for-liquidation-lawyers Pilatus Bank owners file World Bank arbitration claim for damages in shuttering of bank in 2019, and claims choice of law firm Mamo TCV was to the benefit of incoming MFSA chairman John Mamo Wealth, Trusts and Family Office 49 of the Nation’s Leading Law Firms Respond to Investment Company Act Lawsuits Targeting the SPAC Industry News Team Monday, August 30, 2021 1:00 am http://legal.managersofwealth.com/article/64631/49-of-the-nationamprsquos-leading-law-firms-respond-to-investment-company-act-lawsuits-targeting-the-spac-industry Under the provision of the 1940 Act relied upon in the lawsuits, an investment company is a company that is or holds itself out as being engaged primarily, or proposes to engage primarily, in the business of investing, reinvesting or trading in securities Wealth, Trusts and Family Office Guernsey’s new bespoke private wealth structure News Team Thursday, August 26, 2021 1:00 am http://legal.managersofwealth.com/article/64581/guernseyamprsquos-new-bespoke-private-wealth-structure Given the flexibility of Guernsey’s company law, a Guernsey company can be used to mimic a trust to some extent, making a Guernsey corporate vehicle an attractive structure for holding family wealth. Wealth, Trusts and Family Office Ex-B.C. lawyer caught in U.S. regulator's crosshairs News Aggregation Team Wednesday, August 25, 2021 1:00 am http://legal.managersofwealth.com/article/64577/ex-bc-lawyer-caught-in-us-regulatoramp039s-crosshairs The regulator has also charged six alleged “associates” of Sharp – including five British Columbians and one Canadian living in California – whom they said “frequently collaborated with Sharp to dump huge stock positions whil Wealth, Trusts and Family Office The Possibilities and Pitfalls of Asset Recovery in The Bahamas News Team Sunday, August 22, 2021 1:00 am http://legal.managersofwealth.com/article/64521/the-possibilities-and-pitfalls-of-asset-recovery-in-the-bahamas The Bahamas boasts of being home to nearly 25,000 International Business Companies (IBCs) and over 270 licensed banks and trust companies Wealth, Trusts and Family Office Curtis Establishes Presence in Saudi Arabia News Team Sunday, August 22, 2021 1:00 am http://legal.managersofwealth.com/article/64528/curtis-establishes-presence-in-saudi-arabia The office will provide Saudi and international legal services to clients based in the Kingdom and Saudi legal services to international clients. Wealth, Trusts and Family Office FOX Announces Baker Tilly as New Member of Industry-Leading Thought Leader Council News Team Friday, August 20, 2021 1:00 am http://legal.managersofwealth.com/article/64501/fox-announces-baker-tilly-as-new-member-of-industry-leading-thought-leader-council The group meets annually at the Thought Leader Summit to focus on a select industry issue that results in dynamic, thought-provoking discussions and industry-changing insights and explore timely issues with diverse perspectives. Wealth, Trusts and Family Office Planning for liquidity - using Cayman Islands private wealth structures for pre-IPO and exit events News Team Thursday, August 19, 2021 1:00 am http://legal.managersofwealth.com/article/64483/planning-for-liquidity-using-cayman-islands-private-wealth-structures-for-pre-ipo-and-exit-events Cayman Islands trusts and private wealth structures are now an increasingly popular choice for those looking ahead to protect these significant investment gains in a tax efficient asset protection vehicle. Wealth, Trusts and Family Office Financial Regulation: Daily Update News Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64924/financial-regulation-daily-update A feedback statement, setting out next steps, will follow in 2022. Government Regulation UK data protection law reform advocates ‘privacy management’ News Aggregation Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64926/uk-data-protection-law-reform-advocates-amplsquoprivacy-managementamprsquo The government is also proposing to tackle “over-reporting” of personal data breaches by increasing the threshold for notifying the ICO of such incidents. Government Regulation Watchdog fines companies for sending 354 million nuisance messages News Aggregation Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64927/watchdog-fines-companies-for-sending-354-million-nuisance-messages These companies should have known better. Government Regulation Cookie law faces revamp under UK data reforms News Aggregation Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64928/cookie-law-faces-revamp-under-uk-data-reforms Cookies are small text files that record internet users' online activity. Government Regulation Tech companies shape UAE data law News Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64929/tech-companies-shape-uae-data-law A new data law is to be introduced in the UAE. Government Regulation SEC Surpasses $1 Billion in Awards to Whistleblowers with Two Awards Totaling $114 Million News Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64931/sec-surpasses-1-billion-in-awards-to-whistleblowers-with-two-awards-totaling-114-million The SEC has awarded approximately $1 billion to 207 individuals since issuing its first award in 2012. Government Regulation Analysis: How trade laws could stymie growth in ESG-focused exports News Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64933/analysis-how-trade-laws-could-stymie-growth-in-esg-focused-exports Spak and Lynd explain the need for a change in the regulatory framework to accommodate the increasing number of benefit corporations and, more broadly, ESG principles in trade law. Government Regulation Property boss banned after taking £4.7m from investors News Aggregation Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64935/property-boss-banned-after-taking-amppound47m-from-investors Based on the site of a former convent at Woodchester, near Stroud, the complex would include a hotel, music venue, members club and spa. Government Regulation Transferring Data under the new Standard Contractual Clauses News Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64936/transferring-data-under-the-new-standard-contractual-clauses There will only be one set of SCCs going forward, which can be adapted by omitting modules that are not relevant. Government Regulation Data protection for investment funds domiciled in the British Virgin Islands News Team Thursday, September 16, 2021 1:00 am http://legal.managersofwealth.com/article/64909/data-protection-for-investment-funds-domiciled-in-the-british-virgin-islands In addition to governing how a data controller processes, uses and retains personal data, the Act also sets out the rights of individuals to control their personal data and implements a series of offences and enforcement measures designed to ensure compli Government Regulation Gift planning opportunities for US persons in the UK News Team Thursday, September 16, 2021 1:00 am http://legal.managersofwealth.com/article/64921/gift-planning-opportunities-for-us-persons-in-the-uk In any event, even under current law, the unified exemption amount will automatically decrease to $5 million (plus an inflation adjustment) come January 1, 2026. Tax Tax consequences of volume ownership News Team Tuesday, September 14, 2021 1:00 am http://legal.managersofwealth.com/article/64868/tax-consequences-of-volume-ownership The new concept of “volumes” refers to a geometric space of three dimensions, geographically located at a well-defined place. Tax Employment tax issues that not-for-profit organisations need to be aware of News Team Friday, September 10, 2021 1:00 am http://legal.managersofwealth.com/article/64810/employment-tax-issues-that-not-for-profit-organisations-need-to-be-aware-of There is no tax and NIC applied to purchases made by employees for home-office equipment until 5 April 2022 due to the Coronavirus pandemic. Tax FOI request reveals HMRC owes millions after landmark 'round the world' case News Aggregation Team Monday, September 06, 2021 1:00 am http://legal.managersofwealth.com/article/64732/foi-request-reveals-hmrc-owes-millions-after-landmark-amp039round-the-worldamp039-case The follower notice tells P that they may be liable to a penalty of up to 50% of the tax and/or NICs in dispute if they do not amend their return or settle their dispute." Tax Cyprus Tax Department publishes updated XML Schema for DAC 6 reporting News Team Friday, August 27, 2021 1:00 am http://legal.managersofwealth.com/article/64615/cyprus-tax-department-publishes-updated-xml-schema-for-dac-6-reporting Once the XML files are completed they should be submitted on the CTD’s electronic government gateway portal (known as Ariadni). Tax EY fined more than £2m over audit failings News Aggregation Team Thursday, August 26, 2021 1:00 am http://legal.managersofwealth.com/article/64584/ey-fined-more-than-amppound2m-over-audit-failings Big Four firm and former partner receive severe reprimands from UK accounting watchdog Tax Richard LeVine featured in Wall Street Journal article on off-shore tax shelters News Team Monday, August 23, 2021 1:00 am http://legal.managersofwealth.com/article/64537/richard-levine-featured-in-wall-street-journal-article-on-off-shore-tax-shelters Richard adds that in addition to an IRS crackdown, the Treasury Department could seek changes to the Malta treaty. Tax Middle East & North Africa: Handling transfer pricing disputes in MENA - The shape of water News Team Thursday, August 19, 2021 1:00 am http://legal.managersofwealth.com/article/64494/middle-east-ampamp-north-africa-handling-transfer-pricing-disputes-in-mena-the-shape-of-water Against this backdrop, the Middle Eastern economies are battling lower oil prices and budget deficits, which in turn increase the pressure for fiscal receipts. Tax UK taxpayer prevented from challenging validity of tax enquiry News Aggregation Team Wednesday, August 18, 2021 1:00 am http://legal.managersofwealth.com/article/64476/uk-taxpayer-prevented-from-challenging-validity-of-tax-enquiry The Supreme Court, in its judgment, found that the legal concept of ‘estoppel by convention’ applied in this case. Tax Tax havens meet monopoly power: why national competitiveness harms competition News Team Friday, August 13, 2021 1:00 am http://legal.managersofwealth.com/article/64403/tax-havens-meet-monopoly-power-why-national-competitiveness-harms-competition There is more than one possible answer, but in many countries a “Competitiveness Agenda” holds sway. Tax Wills and Estate Administration for Non-UK Residents News Aggregation Team Wednesday, September 15, 2021 1:00 am http://legal.managersofwealth.com/article/64890/wills-and-estate-administration-for-non-uk-residents Following the tax changes over the last few years on UK residential properties, there has been a mass de-enveloping of UK residential properties held in trusts and offshore companies, a significant proportion of which are now held in individual names. Comment, Analysis & Research Dentons Canada receives Mansfield 4.0+ certification from Diversity Lab News Team Wednesday, September 15, 2021 1:00 am http://legal.managersofwealth.com/article/64894/dentons-canada-receives-mansfield-40-certification-from-diversity-lab The Mansfield Rule Certification is a key measure of inclusion in the legal industry Comment, Analysis & Research Be afraid of shadow IT, be very afraid News Team Wednesday, September 15, 2021 1:00 am http://legal.managersofwealth.com/article/64895/be-afraid-of-shadow-it-be-very-afraid Some policies may include an acceptable use policy, work from home policy, bring your own device policy and also a legal risk acceptance policy. Comment, Analysis & Research Fund finance: regional perspectives and updates News Team Wednesday, September 15, 2021 1:00 am http://legal.managersofwealth.com/article/64901/fund-finance-regional-perspectives-and-updates The global fund finance market has shown much resilience over the last 18 months and as we head into the last few months of 2021, our team offer their thoughts and insights on what we are seeing in each of our regions. Comment, Analysis & Research Common Sense in Common Law Recognition News Team Tuesday, September 14, 2021 1:00 am http://legal.managersofwealth.com/article/64873/common-sense-in-common-law-recognition In that panel, the speakers discussed recent developments in the law regarding the appointment of “light-touch” provisional liquidators in Offshore jurisdictions to facilitate restructurings, and the recognition and assistance to such appointe Comment, Analysis & Research 5 Reasons Your Firm Needs a Comprehensive Compliance Strategy News Team Tuesday, September 14, 2021 1:00 am http://legal.managersofwealth.com/article/64875/5-reasons-your-firm-needs-a-comprehensive-compliance-strategy For 21st-century financial services firms, one directive is clear: firms must improve the effectiveness and efficiency of their compliance programmes to out-perform the competition and succeed over the long term. Comment, Analysis & Research Mayer Brown named Real Estate and Intellectual Property Law Firm of the Year News Team Tuesday, September 14, 2021 1:00 am http://legal.managersofwealth.com/article/64887/mayer-brown-named-real-estate-and-intellectual-property-law-firm-of-the-year Finally, the firm also received the M&A Deal of the Year award for its advisory role in Swire Properties’ sale of City Plaza One to Gaw Capital fund for HK$9.845 billion. Comment, Analysis & Research Mourant Regulatory Update - Guernsey News Team Tuesday, September 14, 2021 1:00 am http://legal.managersofwealth.com/article/64889/mourant-regulatory-update-guernsey The proposed amendments to the Insurance Laws transfer the enforcement, sanctions and penalty provisions from those laws into the new 2020 Enforcement Powers Law Comment, Analysis & Research Corbett Le Quesne Defends Title at Family Law Awards News Team Monday, September 13, 2021 1:00 am http://legal.managersofwealth.com/article/64844/corbett-le-quesne-defends-title-at-family-law-awards It is widely recognised as a leading family law firm in the island.Advocate Corbett commented “To be shortlisted this year after winning last year is a very pleasant surprise. Comment, Analysis & Research Financial Regulation Daily Update News Aggregation Team Sunday, September 12, 2021 1:00 am http://legal.managersofwealth.com/article/64828/financial-regulation-daily-update It points to the following as areas that firms should look Comment, Analysis & Research Bedell Cristin sponsors artwork installation at La Vallette Bathing Pools in collaboration with GCFE young designers News Team Friday, August 20, 2021 1:00 am http://legal.managersofwealth.com/article/64520/bedell-cristin-sponsors-artwork-installation-at-la-vallette-bathing-pools-in-collaboration-with-gcfe-young-designers There will be a focus on education, the history and heritage of the site, sustainability, the environment and social interaction. Charity & Philanthropy Philanthropy 2021: 'Doing Better at Doing Good' News Team Friday, August 13, 2021 1:00 am http://legal.managersofwealth.com/article/64398/philanthropy-2021-amp039doing-better-at-doing-goodamp039 Many philanthropic funders rose to the occasion and expanded their grants programmes to accommodate the uncertainty and increasing need. Charity & Philanthropy Bird & Bird becomes pro-bono partner of FEDORA to support sustainability, equality and digital transformation in performing arts News Team Friday, June 18, 2021 1:00 am http://legal.managersofwealth.com/article/63543/bird-ampamp-bird-becomes-pro-bono-partner-of-fedora-to-support-sustainability-equality-and-digital-transformation-in-performing-arts FEDORA is a non-profit organisation at the forefront of cultural and artistic creation and philanthropy, with 96 member organisations in 26 countries. Charity & Philanthropy Appleby Donates $25,000 to Bermuda Hospital Vaccination Clinic News Team Thursday, April 22, 2021 1:00 am http://legal.managersofwealth.com/article/62710/appleby-donates-25000-to-bermuda-hospital-vaccination-clinic The donation is to assist in the operating costs of the King Edward Memorial Hospital Covid-19 Vaccination Clinic. Charity & Philanthropy Reduce inheritance tax by leaving a gift to charity News Team Monday, March 08, 2021 12:00 am http://legal.managersofwealth.com/article/62122/reduce-inheritance-tax-by-leaving-a-gift-to-charity The reduced rate of 36% applies where the individual leaves at least 10% of their net estate, known as ‘the baseline amount’, to charity. Charity & Philanthropy Hogan Lovells invests in FinTech start-up Fygo News Team Monday, March 08, 2021 12:00 am http://legal.managersofwealth.com/article/62125/hogan-lovells-invests-in-fintech-start-up-fygo Recipients benefit from extensive industry knowledge from Hogan Lovells’ commercial insights, access to the firm's global network, legal and compliance training, industry events and use of the firm's FinTech tools, up to a maximum value of Charity & Philanthropy Legal Compass: Anti-money laundering law reform in the United States: Swiss banks caught between a rock and a hard place News Team Wednesday, September 15, 2021 1:00 am http://legal.managersofwealth.com/article/64886/legal-compass-anti-money-laundering-law-reform-in-the-united-states-swiss-banks-caught-between-a-rock-and-a-hard-place US authorities may send a subpoena to a Swiss bank or its US representative, if any, and can impose heavy sanctions if the Swiss bank refuses to co-operate. Money Laundering and AML The new EU Commission AML/CFT legislative package revealed News Team Sunday, September 12, 2021 1:00 am http://legal.managersofwealth.com/article/64831/the-new-eu-commission-amlcft-legislative-package-revealed If adopted as such, it will trigger substantial amendments to the current AML/CFT framework. Money Laundering and AML China Development Bank vice-president detained in corruption probe News Aggregation Team Friday, September 10, 2021 1:00 am http://legal.managersofwealth.com/article/64815/china-development-bank-vice-president-detained-in-corruption-probe He Xingxiang is the third senior CDB executive to face a corruption probe during President Xi Jinping’s anti-corruption drive Money Laundering and AML Ex-manager of HKDC charged as graft probe reveals $390,000 contract fraud News Team Thursday, September 09, 2021 1:00 am http://legal.managersofwealth.com/article/64789/ex-manager-of-hkdc-charged-as-graft-probe-reveals-390000-contract-fraud The ICAC investigation arose from a corruption complaint. Money Laundering and AML Ex-adviser jailed after laundering money for organised crime group News Team Thursday, September 09, 2021 1:00 am http://legal.managersofwealth.com/article/64804/ex-adviser-jailed-after-laundering-money-for-organised-crime-group The FCA will now pursue confiscation proceedings against him in order to try and seize his illegal gains. Money Laundering and AML France fines U.S. bank JP Morgan $29.6 mln in tax fraud settlement News Aggregation Team Thursday, September 02, 2021 1:00 am http://legal.managersofwealth.com/article/64689/france-fines-us-bank-jp-morgan-296-mln-in-tax-fraud-settlement The settlement follows a probe opened in 2012. Money Laundering and AML Global watchdog urges Japan to boost fight against money-laundering News Team Wednesday, September 01, 2021 1:00 am http://legal.managersofwealth.com/article/64664/global-watchdog-urges-japan-to-boost-fight-against-money-laundering Authorities in Japan have a good understanding of the money laundering and terrorist financing risks they face and have been at the forefront of AML/CFT measures in areas that present major risks for the country. Money Laundering and AML Italian Mafia Exploits Cryptocurrency and the Deep Web News Team Thursday, August 26, 2021 1:00 am http://legal.managersofwealth.com/article/64579/italian-mafia-exploits-cryptocurrency-and-the-deep-web The anonymity offered by the online markets is particularly valuable to the criminals amids the pandemic Money Laundering and AML Danske Bank defeats appeal in U.S. over money laundering scandal News Aggregation Team Thursday, August 26, 2021 1:00 am http://legal.managersofwealth.com/article/64591/danske-bank-defeats-appeal-in-us-over-money-laundering-scandal Their lawyers did not immediately respond to requests for comment. Money Laundering and AML PFS to pay €500,000 to clean up laundering News Aggregation Team Monday, August 23, 2021 1:00 am http://legal.managersofwealth.com/article/64538/pfs-to-pay-ampeuro500000-to-clean-up-laundering Tom Cregan, the EML managing director, said last week that new directors and an independent chairman have been appointed at its Irish subsidiary, although PFS was unable to confirm their identities on Friday. Money Laundering and AML Is it time to liquidate your Cayman Islands entity? News Team Thursday, September 16, 2021 1:00 am http://legal.managersofwealth.com/article/64903/is-it-time-to-liquidate-your-cayman-islands-entity CIMA registered funds should allow additional time in order to meet their deregistration obligations. Offshore and IFC Data protection for investment funds domiciled in the British Virgin Islands News Team Thursday, September 16, 2021 1:00 am http://legal.managersofwealth.com/article/64904/data-protection-for-investment-funds-domiciled-in-the-british-virgin-islands Provide investors with a privacy notice Offshore and IFC Dentons advises on the Isle of Man's first sustainability bond issue News Team Thursday, September 16, 2021 1:00 am http://legal.managersofwealth.com/article/64908/dentons-advises-on-the-isle-of-manamp039s-first-sustainability-bond-issue This is the first sustainability bond issue by the Isle of Man and is an exceptionally rare debt issue from one of the UK's crown dependencies. Offshore and IFC Common sense in common law recognition News Aggregation Team Wednesday, September 15, 2021 1:00 am http://legal.managersofwealth.com/article/64882/common-sense-in-common-law-recognition The panellists discussed recent developments in the law regarding the appointment of ‘light-touch’ provisional liquidators (PLs) in Offshore jurisdictions to facilitate restructurings, and the recognition and assistance to such appointees comm Offshore and IFC Harneys wins Offshore Law Firm of the Year News Aggregation Team Wednesday, September 15, 2021 1:00 am http://legal.managersofwealth.com/article/64888/harneys-wins-offshore-law-firm-of-the-year The awards pay tribute to the outstanding performance of private practitioners and in-house teams in the region. Offshore and IFC New filing and deadline for Cayman Islands private funds News Team Tuesday, September 14, 2021 1:00 am http://legal.managersofwealth.com/article/64852/new-filing-and-deadline-for-cayman-islands-private-funds For all private funds with a financial year end up to 31 March 2021 the date for filing the FAR form has been extended to 31 October 2021. Offshore and IFC Cayman Island Update: Far Form - Related Fund Enity Form Released News Team Tuesday, September 14, 2021 1:00 am http://legal.managersofwealth.com/article/64858/cayman-island-update-far-form-related-fund-enity-form-released The RFE Form requires a private fund to identify and report on RFEs that are parallel funds, co-investment or alternative investment vehicles. Offshore and IFC Cayman Islands – insolvency and segregated portfolios – Grand Court gives new guidance News Team Tuesday, September 14, 2021 1:00 am http://legal.managersofwealth.com/article/64866/cayman-islands-ampndash-insolvency-and-segregated-portfolios-ampndash-grand-court-gives-new-guidance The Cayman Islands segregated portfolio company (SPC) provides asset and liability ring-fenced, separate, segregated portfolios. Offshore and IFC Mourant Trainee winner at Jersey Finance Rising Stars Awards News Team Monday, September 13, 2021 1:00 am http://legal.managersofwealth.com/article/64837/mourant-trainee-winner-at-jersey-finance-rising-stars-awards The Rising Stars Awards recognise and reward the achievements and successes of young talent within the Jersey finance industry. Offshore and IFC CIGA, Brexit and the recognition of Part 26A Restructuring Plans in Guernsey and Jersey News Team Friday, September 10, 2021 1:00 am http://legal.managersofwealth.com/article/64814/ciga-brexit-and-the-recognition-of-part-26a-restructuring-plans-in-guernsey-and-jersey This Walkers’ briefing addresses issues that may be relevant to the recognition of foreign insolvency officeholders Offshore and IFC Hogan Lovells hires Shanghai partner in China investigations push News Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64942/hogan-lovells-hires-shanghai-partner-in-china-investigations-push Calvin will join Hogan Lovells from Greenberg Traurig where he was a shareholder. He will start with the firm on 22 September. People Moves Collas Crill Cayman Appoints New Head of International Private Client and Trusts Team News Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64945/collas-crill-cayman-appoints-new-head-of-international-private-client-and-trusts-team Robert has more than twenty years of experience in trusts and private client matters and has worked with leading law firms, both onshore and offshore. People Moves Voisin Law appoints new Partner News Team Thursday, September 16, 2021 1:00 am http://legal.managersofwealth.com/article/64905/voisin-law-appoints-new-partner His promotion shows our commitment to nurturing in-house talent and we look forward to seeing his legal career continue with Voisin. People Moves Leading sports lawyers in middle east join firm in Dubai News Team Thursday, September 16, 2021 1:00 am http://legal.managersofwealth.com/article/64906/leading-sports-lawyers-in-middle-east-join-firm-in-dubai Joining Mr. Bainbridge is senior associate Andrew Moroney, also from the Sports Law & Events Management practice at Al Tamimi & Company People Moves Litigation shareholder and veteran joins Dentons Davis Brown News Team Thursday, September 16, 2021 1:00 am http://legal.managersofwealth.com/article/64910/litigation-shareholder-and-veteran-joins-dentons-davis-brown He is a member of the esteemed Iowa Academy of Trial Lawyers and is an exceptional client advocate. People Moves Allen & Overy hires six-partner team from Linklaters ally Webber Wentzel in Johannesburg News Aggregation Team Thursday, September 16, 2021 1:00 am http://legal.managersofwealth.com/article/64915/allen-ampamp-overy-hires-six-partner-team-from-linklaters-ally-webber-wentzel-in-johannesburg UK Magic Circle firm reaffirms faith in South Africa market as 'key part' of its strategy in Africa People Moves Weil Adds Executive Compensation & Benefits Partner News Team Thursday, September 16, 2021 1:00 am http://legal.managersofwealth.com/article/64916/weil-adds-executive-compensation-ampamp-benefits-partner Aimee joins Weil from Akin Gump Strauss Hauer & Feld LLP, where she was a partner. People Moves Mourant further strengthens BVI team with new Litigation Partner News Team Thursday, September 16, 2021 1:00 am http://legal.managersofwealth.com/article/64917/mourant-further-strengthens-bvi-team-with-new-litigation-partner Jenni will be an integral member of the firm's global Litigation, Insolvency and Restructuring team which is widely known for playing a leading role in some of the largest, high-profile, cross-border insolvency-related cases in the BVI, the Cayman Is People Moves Investment in Africa as A&O makes strategic hires in Banking and Project Finance News Team Wednesday, September 15, 2021 1:00 am http://legal.managersofwealth.com/article/64893/investment-in-africa-as-aampampo-makes-strategic-hires-in-banking-and-project-finance We are committed to growing our business, investing in the best people to meet our clients’ needs. People Moves Senior hire for Carey Olsen's dispute resolution team in Bermuda News Team Wednesday, September 15, 2021 1:00 am http://legal.managersofwealth.com/article/64898/senior-hire-for-carey-olsenamp039s-dispute-resolution-team-in-bermuda With the significant increase in demand we are seeing for high value, complex multi-jurisdictional disputes, Claire's appointment is both exciting and timely. People Moves Macfarlanes advises J O Hambro Capital Management Group on launch of Regnan Sustainable Water and Waste fund News Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64923/macfarlanes-advises-j-o-hambro-capital-management-group-on-launch-of-regnan-sustainable-water-and-waste-fund The Macfarlanes team for this matter was led by investment management partner Lora Froud with assistance from solicitors Tiffany Cox and Emma Garnham. Legal Advice Latham & Watkins Advises Carlyle on ESG-linked Credit Facility News Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64925/latham-ampamp-watkins-advises-carlyle-on-esg-linked-credit-facility A cross-border team represents the global investment firm in the transaction. Legal Advice Simmons advises Initiative Ireland and Davy on Irish loan fund News Aggregation Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64930/simmons-advises-initiative-ireland-and-davy-on-irish-loan-fund The fund has been created to facilitate Irish credit unions in financing the acquisition and development of Irish social and affordable housing. Legal Advice K&L Gates Releases ESG and the Sustainable Economy Handbook News Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64932/kampampl-gates-releases-esg-and-the-sustainable-economy-handbook ESG and sustainability are important topics that touch on many aspects of running a business today Legal Advice Germany: Federal tax court rules on direct shareholding requirement under PSD News Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64934/germany-federal-tax-court-rules-on-direct-shareholding-requirement-under-psd The federal tax court provided welcome clarification on what has been a long-standing dispute between taxpayers and the German tax authorities. Legal Advice Herbert Smith Freehills Advises King River Capital on its Investment in Immutable's A$82 Million Series B Capital Raising News Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64937/herbert-smith-freehills-advises-king-river-capital-on-its-investment-in-immutableamp039s-a82-million-series-b-capital-raising Immutable is an Australian company developing a new approach to the sale of non-fungible tokens (NFTs). Legal Advice Ogier to lead workshops at ThoughtLeaders4 FIRE UK Welcome Back Summit News Aggregation Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64940/ogier-to-lead-workshops-at-thoughtleaders4-fire-uk-welcome-back-summit Over the two days, both broad and in-depth insights into particular areas – including cryptocurrency and ESG – will be offered through a range of talks, roundtables, and workshops. Legal Advice Dentons advises Union Investment with the acquisition of ‘De Puls’ in Amsterdam News Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64941/dentons-advises-union-investment-with-the-acquisition-of-amplsquode-pulsamprsquo-in-amsterdam The demand for affordable housing in Amsterdam is higher than ever. With 149 rent-controlled mid-segment apartments, ‘De Puls’ will contribute to the City of Amsterdam’s ambition to realize 1,670 mid-rental homes annually. Legal Advice Practising modified universalism in the Cayman Islands: from China Agrotech to Sun Cheong (Japanese) From China Agrotech to Sun Cheong News Aggregation Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64943/practising-modified-universalism-in-the-cayman-islands-from-china-agrotech-to-sun-cheong-japanese-from-china-agrotech-to-sun-cheong If the procedure is initiated in one or more common law jurisdictions, but the appointment of a liquidator has not been completed, the starting point for the court to apply the amended universalism will play the role of the main procedure for bankruptcy. Legal Advice Citywealth name four Dickinson Gleeson lawyers in Top 100 News Aggregation Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64944/citywealth-name-four-dickinson-gleeson-lawyers-in-top-100 All four of Dickinson Gleeson’s partners partners James Dickinson, James Gleeson, Craig Swart (shown in the main picture) and Guillaume Staal have been listed in Citywealth’s Top 100 Private Client Lawyers 2021. Legal Advice Coinbase Slams ‘Regulation By Litigation’ As SEC Threatens To Sue Over Lending Product News Aggregation Team Thursday, September 09, 2021 1:00 am http://legal.managersofwealth.com/article/64790/coinbase-slams-amplsquoregulation-by-litigationamprsquo-as-sec-threatens-to-sue-over-lending-product Grewal said the regulator considered Lend, which allows users to earn interest on digital assets, a security, a designation the company does not agree with. FinTech How Digitisation Can Lead to Real Change in Africa’s Competition Laws News Aggregation Team Wednesday, September 08, 2021 1:00 am http://legal.managersofwealth.com/article/64760/how-digitisation-can-lead-to-real-change-in-africaamprsquos-competition-laws As a result, competition authorities are increasingly presenting novel theories of anticompetitive harm, which FinTech Digital estate planning service launches News Aggregation Team Wednesday, September 08, 2021 1:00 am http://legal.managersofwealth.com/article/64773/digital-estate-planning-service-launches With the shift towards a paperless society, he said it has become difficult to know what exists. FinTech EBRD launches SME online platform with legal and business guidance News Team Tuesday, September 07, 2021 1:00 am http://legal.managersofwealth.com/article/64738/ebrd-launches-sme-online-platform-with-legal-and-business-guidance The platform also provides businesses with legal guidance in corporate, employment and insolvency law, areas in which small business have strong demand for know-how and information. FinTech UK prioritises US data transfers agreement News Team Friday, September 03, 2021 1:00 am http://legal.managersofwealth.com/article/64710/uk-prioritises-us-data-transfers-agreement The government’s plans in relation to bolstering international data transfers also include the formation of a new International Data Transfers Expert Council. FinTech Lessons learned: Cybersecurity trends in the US – Insights from in-house practice plus do’s & don’ts News Team Tuesday, August 31, 2021 1:00 am http://legal.managersofwealth.com/article/64639/lessons-learned-cybersecurity-trends-in-the-us-ampndash-insights-from-in-house-practice-plus-doamprsquos-ampamp-donamprsquots These attacks affect all sectors including critical infrastructure and demonstrate the vulnerability of the world's largest economy in key economic sectors like finance, energy, food, and health. FinTech Demystifying VASPs in Crypto Compliance News Team Friday, August 27, 2021 1:00 am http://legal.managersofwealth.com/article/64612/demystifying-vasps-in-crypto-compliance This definition encompasses a range of crypto businesses FinTech Developments in the Mauritius Fintech Sector News Team Tuesday, August 24, 2021 1:00 am http://legal.managersofwealth.com/article/64552/developments-in-the-mauritius-fintech-sector Should such applicant meet the required eligibility criteria and satisfy the set requirements FinTech Hogan Lovells advises Bitfield NV News Team Tuesday, August 24, 2021 1:00 am http://legal.managersofwealth.com/article/64556/hogan-lovells-advises-bitfield-nv In this quickly growing and dynamic environment FinTech HSF: Asia Data Protection Update News Aggregation Team Tuesday, August 24, 2021 1:00 am http://legal.managersofwealth.com/article/64568/hsf-asia-data-protection-update The key issue is how the these new laws will affect the transfer of data out of mainland China. FinTech Herbert Smith Freehills Commits to Reducing Environmental Impact by Disputes by Signing Transformative Arbitration and Litigation Pledges News Team Friday, September 17, 2021 1:00 am http://legal.managersofwealth.com/article/64939/herbert-smith-freehills-commits-to-reducing-environmental-impact-by-disputes-by-signing-transformative-arbitration-and-litigation-pledges The signatories to the Greener Litigation Pledge have committed to take active steps to reduce, with a view to minimising, the environmental impact of dispute resolution Planet SOS More clarity required for ESG disclosures in UK annual reports News Team Tuesday, September 14, 2021 1:00 am http://legal.managersofwealth.com/article/64863/more-clarity-required-for-esg-disclosures-in-uk-annual-reports The FRC set out a list of key disclosure expectations, including the format of reporting, how to explain inconsistencies, describing due diligence carried out, and providing clear explanations to help readers and users of annual reports understand and com Planet SOS ESG Outlook in the Netherlands News Team Tuesday, September 14, 2021 1:00 am http://legal.managersofwealth.com/article/64869/esg-outlook-in-the-netherlands For financial institutions and corporates the challenge is that of integrating these ESG matters into business as usual. Planet SOS ESG in Belgium News Team Sunday, September 12, 2021 1:00 am http://legal.managersofwealth.com/article/64832/esg-in-belgium There is a growing expectation that organisations embrace sustainability and recognise and address Environmental, Social and Governance (“ESG”) risks to ensure their resilience and long term viability. Planet SOS The ultimate punishment – Fines which threaten the viability of a company News Aggregation Team Sunday, September 12, 2021 1:00 am http://legal.managersofwealth.com/article/64834/the-ultimate-punishment-ampndash-fines-which-threaten-the-viability-of-a-company The £90 million penalty is more than four times the previous record of £20.3 million imposed on Thames Water in 2017 following environmental breaches. Planet SOS The missing cornerstone in sustainable finance: investee company ESG reporting News Team Friday, September 10, 2021 1:00 am http://legal.managersofwealth.com/article/64819/the-missing-cornerstone-in-sustainable-finance-investee-company-esg-reporting The sheer number of political and regulatory actors, and the range of interested groups, makes this challenging. Planet SOS Get Ready for ESG on a Global Scale News Team Thursday, September 09, 2021 1:00 am http://legal.managersofwealth.com/article/64786/get-ready-for-esg-on-a-global-scale 3 things auditors, businesses, and regulators need to consider when it comes to sustainability reporting. Planet SOS Partner Anne-Gaëlle Delabye will be speaking on ESG at ALFI Digi Pulse USA 2021 News Aggregation Team Wednesday, September 08, 2021 1:00 am http://legal.managersofwealth.com/article/64778/partner-anne-gaampeumllle-delabye-will-be-speaking-on-esg-at-alfi-digi-pulse-usa-2021 In a session titled 'ESG – State of Play,' Anne-Gaëlle will join Carlo Maximilian Fund of State Street Global Advisors in conversation to discuss what practical measures are in focus today, including SFDR, and how the market and ecosy Planet SOS Corporate Group Liability and ESG - A Good Time to Review News Aggregation Team Wednesday, September 08, 2021 1:00 am http://legal.managersofwealth.com/article/64785/corporate-group-liability-and-esg-a-good-time-to-review It also means making positive changes, and having a compelling narrative to tell that is consistent with corporate purpose. Planet SOS ESG Now A Business Imperative, But Varied Government Policies And Fragmented Regulations Across Asia Pacific Pose Major Challenges News Team Friday, September 03, 2021 1:00 am http://legal.managersofwealth.com/article/64699/esg-now-a-business-imperative-but-varied-government-policies-and-fragmented-regulations-across-asia-pacific-pose-major-challenges According to Baker McKenzie's latest report "From Strategy to Action — Advancing ESG in Asia Pacific", almost half (46%) of the 800 surveyed business leaders across the Asia Pacific say they are approaching sustainability issues more Planet SOS