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

Scope of UK Takeover Code to narrow in 2025

Under the new regime, the Code will apply to companies that fall into two separate categories

UK Budget - reforms to APR and BPR, what now for the farming community?

These announcements came as a surprise to many in the farming and business community

ECCTA failure to prevent fraud considerations for UK and international businesses

Under the Economic Crime and Corporate Transparency Act 2023 (ECCTA), the new offence sets out to prevent frauds which are intended to benefit an organisation or an organisation’s clients.

Market abuse and restitution orders: challenges for FCA policy

James examines the potential for the FCA's use of its powers to order restitution for market abuse against a listed or publicly traded company/issuer to undermine the liability regime

Modernisation of the Luxembourg Maritime Law

The Luxembourg’s Maritime Law is the law of 9 November 1990 on the creation of a Luxembourg public maritime register.

Asset Management Attorneys Explore the SEC Compliance Rules in The Investment Lawyer

In an article for The Investment Lawyer, asset management partner George Raine and counsel James McGinnis outlined the evolution of the rules from inception to current and future use

Silver splitters: The rise of silver divorce | Hong Kong

If one party is keen to retain the home, it may be that a ‘trade-off’ can be made with other-significant assets

Pensions and ombudsman reform trailed as Reeves lauds free trade benefits in Mansion House speech

The speech addressed a wide range of topics, providing signals of the UK government’s approach to international trade

A U.S. Ban on Investing in Chinese AI Startups Could Escalate Under Trump

“In order to confirm that a transaction is out of scope, it will require significant due diligence undertaken by U.S. investors,” he said.

ESAs Publish 2024 Report on Disclosure of PAIs Under the SFDR

The SFDR contains the obligation for firms to state if they consider PAIs of investment decisions on sustainability factors and give information on PAIs in respect of all their investment portfolios. Smaller firms can opt out of this obligation.

Central Bank of Ireland takes enforcement action against an Irish AIFM

In order to address these concerns, the AIFM took steps to seek the return of the funds invested in the Loan Notes

Higgs & Johnson ‘The Best in the Business’

A recommended attorney in the area of real estate, Co-Managing Partner, Sterling H. Cooke, is described as a ‘transactional lawyer to note”

New HSR Rules Are Effective February 10, 2025

The New Rules necessitate not only identifying each party’s sale or purchase of inputs to one another

Annual Board Meeting and Other Corporate Governance Requirements for Funds

CIMA has confirmed that it will expect this process to be undertaken and for the policies and procedures to be adequately documented and formally adopted by the Governing Body.

UK media merger rules to get digital age upgrade

The UK’s complex merger control rules are governed by the Enterprise Act 2002.

Supreme Court clarifies ‘bad faith’ trade mark law in Sky case

Applications will now need to be laser focussed on seeking trade mark rights relevant to the brand owner’s current core business and commercially genuine future expansion plans

HMRC notification and the position of minors and unborns in trust variations in Jersey

The judgment confirms that the concept of "benefit" in trust variations may include a broader, pragmatic assessment of family welfare and tax efficiency.

African arbitration report shows further work required to ensure diversity

The survey gathered responses from 87 arbitration practitioners including arbitrators, counsel, tribunal secretaries, experts, and disputants

Withers KhattarWong LLP secures landmark stay of appeal under new Rules of Court 2021

The case represents an important milestone in Singapore’s legal landscape, offering clearer guidance on the courts’ discretion under the updated procedural framework.

Directors’ duties and obligations under Cayman Islands law

The duties are based on a combination of English common law, statute and regulatory guidance.

Government Regulation