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

UK Non-dom changes – what have Labour said and what should I do now?

Such speculation is no basis for sensible planning.

Demystifying Cayman real estate law: Off-plan property purchases

Understanding the risks involved with off-plan property purchases

Cayman Islands Foundation Companies

This guide sets out the key features of foundation companies and how they are formed and operated.

Dentons advises the Czech Banking Credit Bureau on a comprehensive personal data protection audit

The audit focused primarily on whether the CBCB is meeting all of its data processor obligations under both the EU General Data Protection Regulation

EMIR REFIT - Impact on Irish Investment Funds

There will be a six-month transition period to update reports for outstanding derivatives trades to comply with the new requirements.

Jersey: Corporate Re-Domiciliation and Tax Residency Changes

Similar to continuances into Jersey, the company must apply to the JFSC for authorisation for continuance as a body incorporated under the laws of a foreign jurisdiction.

Maximising Efficiency in Fund Termination Through Liquidating Trusts in Mauritius

Beneficiaries of the liquidating trust include investors and creditors, with distributions following predetermined priorities specified in the Fund’s constitutional documents.

Update for Employers in Ireland - Right to Request Flexible and Remote Working

An employee must submit their request for flexible working to their employer in writing as soon as is reasonably practicable but not later than eight weeks before the proposed starting date.

Law update improves Japan’s international arbitration offering

The amended law also provides for arbitration-related court proceedings to be filed with the Tokyo District Court or Osaka District Court.

Cayman Islands Update: CRS Reporting Requirements

The DITC noted that the Tax Information Authority (International Tax Compliance) (Common Reporting Standard) Regulations (As Revised) require DoB reporting.

Human rights breaches can arise from climate inaction, ECHR rules

In the UK, in a case in which the High Court in London examined whether the UK government’s October 2021 ‘net zero’ strategy was lawful

UK employers face complexities due to immigration sponsorship changes

The Home Office has also introduced changes to the job codes under which workers may be sponsored.

Working for Workers Act adds transparency to the hiring process

The legislation contains new requirements, including pay transparency, Canadian work experience, and disclosing the use of AI in the hiring process.

Not Quite QPAMDEMONIUM: DOL Issues Final Changes to the QPAM Exemption

Given its breadth and relative regulatory certainty, the QPAM Exemption is considered the “industry standard” prohibited transaction exemption and, thus, widely utilized by discretionary investment managers

The increasing costs under the Fees For Intervention regime

The HSE introduced the FFI scheme in October 2012.

CIMA's Rule and Statement of Guidance on Records for Company Management licensees

The Rule and SOG does not extend to regulated mutual funds and private funds.

Stricter payment rules for public contractors come into force

The prompt payment policy was first introduced in 2015 by the government to tackle late and unfair payment practices in both public and private sectors

‘Second staircases’ to be mandatory for new buildings above 18m in England

The guidance, setting out changes to Approved Document B, makes second staircases mandatory in all new residential buildings over 18m in England from 30 September 2026.

German Arbitration Institute issues new supplementary rules for third-party notices

This applied equally to arbitration proceedings conducted by the DIS and to proceedings conducted by other leading arbitral institutions.

Jersey Court creates a new exception to the revenue rule

The revenue rule still stands in Jersey

Government Regulation