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

UK defined benefit surplus reforms ‘positive’ for schemes and employers

By allowing pension funds to invest surplus money in the wider economy, the government aims to stimulate investment in infrastructure, businesses, and other growth-oriented projects.

Ad bodies challenge ‘consent or pay’ restrictions as UK guidance issued

Consent is one of six lawful bases for processing personal data under the GDPR.

Search orders

Some searches will last more than a day and it may be necessary to arrange for surveillance of the premises being searched overnight.

Kazakhstan developed model terms for a master financial agreement on OTC derivative transactions

Derivatives are essential tools for risk management

Trends in Islamic finance across the Channel Islands

Our Islamic finance team boasts extensive experience in both traditional and Shariah-compliant financing techniques.

Bermuda Public Companies Update, Winter 2025

Global IPO activity declined by 14% in the third quarterGlobal IPO activity declined by 14% in the third quarter of 2024 of 2024

An overview of upcoming changes to Irish company law

The proposed changes served to modernise various provisions of the 2014 Act.

A new era for LGBTQ+ rights: Thailand enforces same-sex marriage registration

This historic amendment positions Thailand at the forefront of Southeast Asia’s progression toward greater equality and inclusivity.

Fund Finance Laws and Regulations 2025: Assessing Lender Risk in Fund Finance Markets (GLI chapter)

In 2024, the market saw continued growth in the use of NAV facilities.

Growth drives major infrastructure and housing planning reform proposals

The government intends to take forward the proposals outlined in its paper as part of the Planning and Infrastructure Bill

EU considers measures against discrimination practice in China’s public procurement market

The announcement comes as a result of a nine-month investigation into China’s procurement market for medical devices.

US Apple mass claim comes as EU moves to tighten PFAS rules

This has spurred concern about the potential for impact on people and the natural world and is, in turn, prompting policy, regulatory, and legal action and expensive remediation.

Power to increase or reduce protective awards in 'fire and rehire' cases

That said, the Code falls well short of the more drastic proposed changes in the Employment Rights Bill.

New statutory rates and limits

The weekly rate of statutory sick pay (SSP) will be £118.75 (up from £116.75).

New Home Office guidance on employer cost recovery from sponsored workers

Employers should ensure that any new clawback agreements entered into are drafted to be compliant with the new guidance.

Are you ready for the new offence of failure to prevent fraud?

The offence applies only to large organisations

ESMA Publishes Q&A on its Guidelines on Funds’ Names Using ESG or Sustainability-related Terms

The purpose of the Guidelines is to ensure that investors are protected

PIPA access requests in Bermuda – what you need to know

PIPA requires individuals to set out in sufficient detail the identity of the information in respect to which a request is made.

Legal Bulletin: New UK Tax Rules for Carried Interest

The new income tax regime for carried interest will apply broadly to all carried interest received by fund managers from 6 April 2026.

UK pension fund clearing exemption ‘good news’ for pension schemes and banks

The call for evidence sought input from industry stakeholders to inform the government’s long-term approach to this exemption.

Government Regulation