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

Holiday pay developments for charities

Most workers have a right to a minimum of 5.6 weeks' paid annual leave a year under the WTR, but 4 of those weeks are subject to EU law and 1.6 weeks are not.

Singapore to include phase-out of coal in green finance taxonomy

The Singapore Asia Taxonomy is being drafted to help Singapore’s financial sector to identify green investments to reach their net-zero goals faster, according to the report.

Lasting Powers of Attorney in Jersey

LPAs work separately to your Will and allow you (as the 'Donor') to appoint one or more people to act as your attorney/s

New Conversion and Division Options for EU Limited Companies

The Mobility Regulations update the current cross-border merger regime

MiCA: A new dawn for crypto-asset regulation

Cyprus is an example of an EU Member State that opted for much greater regulatory oversight than the minimum set out in the 5AMLD

Key Points: Schemes of Arrangement in the Cayman Islands

A scheme is an effective restructuring tool used for reorganising a solvent company or rescuing a distressed company.

Guide gives clarity on calculation of GDPR fines

Under the GDPR, there are three fine classifications.

Bright future for UK listed companies looking to grow through M&A

If the FCA’s proposals are implemented, the significant transactions regime in the listing rules will be radically re-written.

Foreign investment in Denmark: New rules, and the first prohibition

The Danish Investment Screening Act (DISA) has been in force since 1 July 2021

UK-US ‘data bridge’ to complement EU-US ‘Privacy Shield 2.0’

Both the EU General Data Protection Regulation (GDPR) and its UK equivalent impose restrictions on the transfer of personal data internationally, outside of the European Economic Area (EEA).

Digital transformation drives EU customs reform

E-commerce platforms will have to make sure correct customs duties and VAT are paid at purchase, so consumers will no longer face hidden charges or unexpected paperwork when the parcel arrives.

Scottish deposit return scheme a victim of UK regulatory divergence

The change would also give industry more time to prepare for the restrictions on advertising

Allen & Overy marks its third year of supporting the Google Black Founders fund

The £3.3 million (USD4mn) Black Founders Fund provides financial support and mentorship to Black-led startups in Europe.

Privilege case helps clarify limit of legal confidentiality in Scots law

The university had already handed over a later version of the report that had been edited by its legal team.

ICO issues new DSARs guidance for employers

The bond has been documented under Italgas’ Euro Medium Term Notes Programme

Case studies – how our five law offering adds value to private clients

The Units of the trust were also being transferred

Bermuda – Economic Substance Declaration Filings – June 2023 Alert

Such Declaration Forms must be filed annually, within six months of the last day of the entity’s financial year.

Clampdown on Russian sanctions circumvention

The guidance warns that Russian entities are unlikely to contact Western entities directly for restricted goods

International harmonisation of digital asset law and regulation: a series of meaningful steps, but a long road ahead

The novel nature of digital assets and their markets has raised fundamental questions as to how they should be treated from a legal and regulatory perspective.

Service providers' duties under CI discrimination law - minimising legal risk

Service providers must not discriminate against or harass their customers, and must make reasonable adjustments for disabled customers.

Government Regulation