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

Commencement of VASP Travel Rule

What is the Travel Rule and what notification is required?

Ogier advises Foxbit

The Series A investment will give OKX a minority stake in Foxbit and allow Foxbit to increase investment in new technologies, hires and target acquisitions.

When is it appropriate to seek ex parte relief in the Cayman Islands?

The type of relief sought by the plaintiff is commonly known as Norwich Pharmacal relief.

Harneys advises on two Hong Kong SPAC listing applications

These applications are timely actions further to the Hong Kong Stock Exchange’s new rules that came into effect in January 2022, following its consultation paper first published in September 2021.

Walkers Advises New Unicorn

Walkers acted alongside US counsel, Cooley LLP

"Rising star" Katie Baxter named one of UK's top 40 under 40 private client practitioners

Katie has been featured in Citywealth's Top 40 Recommended Under 40

Higgs & Johnson Applauded as ‘Top-Class Law Firm’

Sources applauded Higgs & Johnson as ‘a top-class law firm providing truly solid and commercially focused legal advice,’ with one interviewee going so far as to call it ‘a one-stop shop for all my legal needs.

Mourant advises AGM Group Holdings

AGM Group Holdings Inc is an integrated technology company that focuses on providing fintech software services and produces high-performance hardware and computing equipment (including crypto miners for bitcoin and other cryptocurrencies).

Pre-IPO Employee Benefit Trusts: Advantages of Structuring in Guernsey and Jersey

A frequently-used way to secure loyalty and commitment is through a well-structured employee incentive scheme, and the employee benefit trust (“EBT”) has become one of the preferred preIPO structures to achieve this objective.

Recognition and Enforcement of Foreign Judgments in Guernsey

Once registered, the judgment has the same force and effect as a judgment given by the Royal Court; judgment interest can accrue from the date of registration.

BVI Trusts: The Inherent Jurisdiction of the Court to Remove and Replace a Trustee

Hostility between trustees and beneficiaries is not of itself a reason for removal.

Bermuda National Pension Scheme, Occupational Pensions

Where we are now - the highlights

Zero hours contracts proposal in Jersey - exclusivity to become unenforceable

This might result in further changes to the law. We will follow progress in this matter and update you as the review continues.

Amend your Notice or Be Confined to your Application

This judgment stands as a warning to litigants, and those representing them

Ogier's 'exemplary' BVI team earns top tier rankings

Ranked as Up and Coming is Nicholas Brookes, described by clients as "one of the standout litigation lawyers in the BVI.

Bermuda – Economic Substance Declaration Filings – 2022 Alert

For a newly in-scope fund management entity which has a financial year-end of 31 December, the first relevant financial period will be the financial year-end 31 December 2022.

Ferbrache & Farrell maintains its position in legal adviser rankings for value of fund assets serviced in Guernsey

The position is confirmed in Monterey Insight’s Guernsey Fund Report.

Changes to the GFSC enforcement process

Guernsey’s success as a financial services centre is underpinned by its ability to effectively regulate businesses operating from within it.

Harneys advises on US$350 million senior secured notes offering for Studio City Company

The Harneys team is excited to continue to work with Studio City as it evolves as one of the leading entertainment resorts in the region.

Dual Listings on the Hong Kong Stock Exchange for Overseas Issuers

The Maples Group acted as Cayman Islands legal advisor to Li Auto on its dual primary listing on the HKSE.

Offshore and IFC