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

Significant amendments to the BVI Business Companies Act 2004

These amendments are not yet in force as of the time of writing, although are expected to be enacted soon.

Withers secures Mansfield Rule Certification Plus

These senior roles include equity partner promotions, formal client pitch opportunities and lateral hires.

Council adopts new Product Liability Directive

EU Member States have to transpose the new PLD into their domestic legislation within the subsequent 24 months

Dentons approves and implements Intanify’s White Label Solution following successful pilot

This strategic move reaffirms Dentons’ leadership in the use of technology

Insolvency of ISG – Maximising Insurance Recoveries for Employers

Employers should consider using the Third Parties (Rights Against Insurers) Act 2010 to realise recoveries following ISG’s insolvency and must act quickly to enforce rights under the Act

Boundaries of attorney-client confidentiality in Luxembourg

This new decision emphasises the CJEU's commitment to safeguarding attorney-client confidentiality against overly broad regulatory requirements.

Economic Substance Returns: Deadlines and Regulations

Getting an early start to annual Cayman Islands economic substance regime filing allows ample time to prepare paperwork and confirm compliance with advisors.

Change is coming: What do the proposed changes to the UK's non-dom regime mean for you?

The tax, regulatory and immigration process (in the form of a Golden Visa) are just a few of the contributors making the UAE a favourable environment to operate from, as well as the location and warmer climate.

Jersey Funds Law Series: Jersey Managers and Funds Marketing into Europe and the UK

A Jersey domiciled AIFM will either require a licence or if it is sub-threshold, an approval from the JFSC under Jersey law.

Collas Crill Corporate Services Limited launches independent directorship services in the Cayman Islands

Independent directors can add value to boards

Eversheds Sutherland advises on three major solar PV IPP projects with a capacity of 5.5GW in Saudi Arabia

The Power Purchase Agreements (PPAs) were signed by a consortium comprising of ACWA Power, PIF subsidiary Badeel and Saudi Aramco Power Company.

EU legitimate interests ruling could hurt AI development, warns expert

In this respect, the CJEU said that a relevant factor will be whether data subjects can be said to reasonably expect such processing.

Number of incident reports made to UK Charity regulator fell by 17% since last year

In a drop of over 100, the OSCR received 527 incident reports this year, compared to 638 in the last.

Asia-Pacific employers could see non-compete clauses curbed

Restrictive covenants - also known as ‘restraint of trade’ clauses – are widely used throughout the region but employers in certain markets

BVI Financial Services Commission expands list of "relevant foreign countries" under Part XIX of the Insolvency Act 2003

Part XIX gives foreign representatives from "relevant foreign countries" an express right to apply to the BVI courts for assistance through BVI court orders.

Irish Budget 2025 Implications for International and Irish Business

The Bill is expected to be enacted within a short timeframe.

Jersey Company Law Series: Reduction of capital without Court approval

Within 15 days of the special resolution being passed, the company must file with the registrar of companies

Crypto assets are not considered as eligible for Gift Aid

It is now clear that crypto assets will not be eligible for Gift Aid as HMRC do not consider them to be currency or money.

Charity and company registrars will consider temporarily removing information from public register

The Commission will, as quickly as possible, grant a temporary dispensation for most likely 14 days.

CJEU Aldi price comparison ruling sets ’30-day rule’

The German court sought a preliminary ruling from the CJEU on whether this practice complied with EU law.

Government Regulation