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

Guide to Freezing Orders in Bermuda

The applicant makes an application to the Court, in particular setting out in an affidavit the reasons for the application and the basis on which the relevant test is met.

Belgian and EU Lobbying regulations in the spotlight

Each has adapted its internal rules to include a lobby register inspired by the EU Transparency Register.

South African court clarifies compliance requirements for lawful tenders

The ruling cautions unsuccessful bidders against relying on court decisions that concern immaterial and trivial failures of non-compliance

Cayman Islands: Recent trends in residency by investment

Cayman's continued economic stability provides extra pull to new residents.

Labour wins UK general election: what businesses can expect next

Labour’s election manifesto provides a fuller insight into other areas of policy the new government is likely to develop

Bolar exemption update will harmonise EU-wide pharma law interpretation

Among the objectives is the continued offering of an attractive and innovation friendly framework for research and development and production of medicines in the EU.

Hong Kong's Extension of Government Leases Bill Passed into Law

The Ordinance is set to take effect on 5 July 2024.

FCA: financial firms should reconsider consumer duty monitoring and reporting strategies

The FCA also identified that some firms have narrow data reliance

July 2024 Pensions Law Update

The past month has been a busy one for our “cyber security for pensions” specialists who have been out and about speaking at various events.

Changes to NSW work health and safety legislation an important reminder for organisations

These changes highlight the NSW Government’s intention to crack down on those who breach their WHS duties by significantly increasing maximum penalties and jail sentences.

Employment rights from day one – what might this really mean for employers?

The Liberal Democrats will extend parental leave and pay to the self-employed and make this a day one right.

UK employment and labour laws 2024: expert analysis

Global Legal Insights is a leading provider of international legal intelligence

Pensions Ombudsman decisions offer reassurance around risks of providing online systems

If in any doubt about their fund information, they should contact their provider by phone or secure message, rather than rely solely on their provider’s online system.

Buy-sell agreements and estate tax consequences in the US

Buy-sell agreements are commonly used as a part of a succession plan for a family-owned and closely held business.

Further Scottish short-term let amendments needed to lessen regulatory burdens

The amendments address some restrictive aspects of the previous legislation, aiming to provide a more balanced approach.

Revocable trusts, irrevocable trusts, and changing with the times

These powers cannot be so broad as to frustrate the grantor's intent or cause tax issues but can allow for flexibility.

U.S. Supreme Court Rejects Purdue Pharma Opioid Settlement

Claimants that responded to the plan’s solicitation of votes voted overwhelmingly to support the plan, with 97% of voting claimants accepting.

Election Special? Not a special UK election for cohabiting couples

Almost 50% of the public mistakenly believe that 'common law marriage' exists in England and Wales

Whistleblowers under protection

The Act requires companies to implement internal channels for processing whistleblower reports concerning work-related issues.

Cross-Border Activity Notifications in the EEA

New EU rules for cross-border AIFs/UCITS notifications start July 14, 2024. Updated CSSF templates, auto-generated attestations, and email submissions required.

Government Regulation