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

How Could Trump Administration Actions Affect the EU-US Data Privacy Framework?

They note that the DPF is crucial for US companies receiving personal data from European customers

Cayman Islands third party rights legislation

Persons contracting under Cayman law should take care expressly to apply or dis-apply the Act in all arrangements

Cayman Islands: Legitimate Interest Access of Beneficial Ownership

Legitimate Interest Access searches of the Beneficial Ownership Register must be specific and can only be conducted on the name of the Legal Person.

Corporate Sustainability Reporting Directive: proposed amendments exclude special purpose vehicles from scope

The amendments proposed by the European Commission recognise that the costs and regulatory burdens imposed by CSRD should be targeted, which is a welcome development.

Ogier partners with Every Child Our Future to enhance literacy in Jersey primary schools

The funding will enable Every Child Our Future to continue to recruit and train volunteers

South Africa legislates to protect against agricultural land loss

The PDALA binds all organs of state in all spheres of government and is also applicable to the mining sector.

Significant Company Law update

That provision will come into force on 1 April 2025.

Planning reforms proposed for nationally significant gigafactories, data centres and laboratories

The government confirmed plans to do so in a written answer published in January.

‘Know Your Assets’ for Due Diligence Best Practice

With decades of experience and accumulated knowledge in KYC and due diligence / compliance, the Maples Group can leverage a large team

Bahamas Trade Marks Act implemented

Accompanying rules have not yet been published and it is currently unclear as to whether there will be any changes to the official fees.

Priority under the Security Interests (Jersey) Law 2012: A game of snakes and ladders?

Suffice to say priority under the Security Interests (Jersey) Law 2012 (the SIJL) is complicated and differs depending on the type of Jersey situs intangible movable security that you are securing.

Lending and borrowing: changes to moveable property assignation and security in Scotland in force from April

Discussions are ongoing with the UK government to include shares within the purview of the statutory pledge

Northern Ireland Programme for Government signals growth opportunity for construction

The programme sets out immediate priorities in nine focus areas.

Singapore Budget 2025: new measures to enhance recruitment and workforce resilience

Initiatives aimed at driving recruitment of older workers and ex-offenders, as well as the upskilling of existing employees, were among those announced by Wong in his speech.

In International Financing Review, Jennifer Cormier Examines DEI Challenge Over Sustainability-Linked Bonds Diversity Targets

“These DEI numerical targets could raise issues, especially if it is directly linked to a financial incentive,” said Jennifer.

Government Regulation