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

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.

Building bridges, not barriers: setting up Cayman trusts to minimise conflicts

Cayman Islands trusts are known to be backed by extensive legislation

The proceeds of crime law and unregulated trustees

The additional obligations are set out in schedule 10 of the Proceeds of Crime Law

Ogier strengthens ties with The British Land Company plc

The additional scope will increase Ogier Global's real estate division assets under administration by more than £2 billion.

The EU Corporate Sustainability Due Diligence Directive is final: how can companies prepare?

Many companies that will face extensive obligations under the CSDDD will also be subject to requirements pursuant to the Corporate Sustainability Reporting Directive

HSR Act applies to high net-worth individuals

The penalty for ignoring a mandatory HSR filing could be up to $51,744 per day in 2024.

Differences in China’s legislative approach to HR document retention carry complexities for employers

This situation raises the question of how to define ‘purpose’ and when the ‘fulfilment of purpose’ is considered to have been achieved.

EU ministers align on tougher greenwashing rules

The Council’s general approach will form the basis for negotiations with the European Parliament on the final shape of the directive. Negotiations are expected to begin in the new legislative cycle.

See you in court? If you're getting divorced it's increasingly unlikely

There are times when the court provides an invaluable role – for arrangements in relation to children

Nuvei secures UAE license

Nuvei already has a strong commercial presence and existing high-profile partnerships in the region.

BaFin provides guidance on reporting security incidents under DORA

Depending on how the incident develops, the company must keep BaFin up to date with several interim reports. In particular, it must notify BaFin of any changes in status.

Ofcom’s roaming rules: what UK mobile operators need to know

Providers will need to notify customers, promptly and free of charge, when they begin roaming, and when they begin roaming inadvertently.

Treasury updates rules governing "T-Listed" surety companies

The Rule also permits Treasury to accept letters of credit for purposes of protecting risks in excess of the 10% underwriting limit and codifies other existing Treasury practices.

New tool enables organisations to track global ESG developments

Herbert Smith Freehills has launched a new tool to help businesses keep up with the rapidly emerging universe of emerging ESG regulations and reporting requirements.

California Legislature Steps in to Rewrite PAGA, Avoiding Ballot Measure

While the legislature may still make further amendments, major changes are unlikely as Governor Newsom indicated he would sign the current bills if they pass.

New rules for reimbursement on authorised push payment fraud (APP) are coming into force in the UK

We set out an overview of the key requirements applicable to relevant PSPs that are in scope and how the reimbursement framework is proposed to operate.

Dentons Official Partner of Decathlon Premier Padel Rotterdam

Premier Padel is known for offering world-class sport

BVI Annual Returns: Preparation for Upcoming Deadline – 30 September 2024

For companies with other ﬁnancial year-ends, the ﬁling must be made no later than 9 months after the relevant year-end.

Investment funds in Guernsey

The QIF regime is complemented by a fast-track process for consideration of any local fund manager's licence application.

Government Regulation