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

Establishing a BVI Approved Manager: Key Considerations

The BVI’s Approved Managers Regime offers a streamlined, cost-effective regulatory framework designed for qualifying investment managers and advisers

New UK trade strategy will bolster country’s ‘trade defence’ toolbox

Under the new strategy, the government also intends to consult with businesses on the potential benefits of joining the Pan-Euro-Mediterranean convention

Damage control: Managing misconduct allegations in sport

The consequences for victims of misconduct are severe, and often unspeakably so.

UK Employment Rights Bill: key dates for consultation and implementation of the Bill

The vast majority of these measures remain at an early stage.

Equity and debt capital markets: the Caribbean advantage

BVI and Cayman companies are accepted by institutional and private investors

Interim guidance following the Supreme Court's decision on the meaning of 'sex' in the UK Equality Act

The update may be of particular interest to employers

FCA highlights ‘delicate balance’ to ensure growth and market integrity

The UK aspires to be the world’s most innovative full-service financial centres by 2035.

New framework an important resource for in-house lawyers in England and Wales

The framework also makes recommendations on practical strategies for in-house lawyers to manage workload

Latest ACMA data shows continuing regulator focus on Australian spam enforcement

The report highlights that the ACMA’s broader consumer protection efforts have also seen strong results.

Pensions Ombudsman highlights need for accuracy and clarity in standard communications

Mr S asked to receive the final bonus he was expecting, amounting to approximately £40,000.

New wave of regulatory innovations enhances Guernsey funds offering

The changes include updates to the Private Investment Funds regime, Prospectus Rules and a new application portal.

New UK guidance on restrictions on non-disclosure agreements

Employers who use template agreements that include NDAs should also take steps to make sure that they are ready to include updated wording

Misconduct under UK law – is dismissal inevitable?

Dismissal does not end an employer’s obligations.

Data (Use and Access) Act 2025

DUAA is wide-ranging legislation and will impact other aspects of charities' and other organisations' data protection compliance.

CC30: Updated Guidance on Appointing New Trustees

The guidance encourages having a group of trustees with a mix of technical skills, sector knowledge, community connections and lived experience.

The British Virgin Islands and the FATF “Monitoring List”

The BVI’s addition to the Monitoring List should not impact any existing representations or commitments made by tax authorities

Simplified Due Diligence in Bermuda

Simplified Due Diligence (SDD) and Reduced Due Diligence (RDD) are legally permitted and regulatory-endorsed tools under Bermuda’s Proceeds of Crime (Anti-Money Laundering and Anti-Terrorist Financing) Regulations 2008.

Impact of Privacy Law on Bermuda Business

Many businesses in Bermuda have a global reach

Important Update for BVI Companies: Expiration of 9 Month Extension for Filing Initial Annual Financial Returns

Accordingly, initial annual returns that were originally due by 30 September 2024 must be filed by 30 June 2025.

Proposed amendment closes legislative gap in NSW property transaction

The bill amends the Conveyancing Act 1919 to clarify the regulation-making powers of both the Conveyancing Act 1999 and the Real Property Act 1900

Government Regulation