Managers of Wealth - Legal https://legal.managersofwealth.com/ Sat, 21 Dec 2024 12:26:34 GMT part of MediaG8way Group https://legal.managersofwealth.com/ https://legal.managersofwealth.com/assets/images/logo.png Managers of Wealth - Legal KohanaPHP The great wealth transfer and the rise of offshore structures for Saudi families News Team Wednesday, December 18, 2024 12:00 am https://legal.managersofwealth.com/article/79001/the-great-wealth-transfer-and-the-rise-of-offshore-structures-for-saudi-families Offshore trusts offer numerous benefits such as asset protection, tax efficiency and privacy. Wealth, Trusts and Family Office Trump's Ultra-Wealthy Picks Face a Huge Tax Hit to Join His Cabinet — But Can Avoid It Thanks to This Little Known Provision News Team Wednesday, December 04, 2024 12:00 am https://legal.managersofwealth.com/article/78862/trumpamp039s-ultra-wealthy-picks-face-a-huge-tax-hit-to-join-his-cabinet-ampmdash-but-can-avoid-it-thanks-to-this-little-known-provision Mr. Rizzi warned, there are inherent risks involved Wealth, Trusts and Family Office Hermès challenges Rothschilds on trademark use: a defining moment for the 'MetaBirkin’ News Team Tuesday, November 26, 2024 12:00 am https://legal.managersofwealth.com/article/78763/hermampegraves-challenges-rothschilds-on-trademark-use-a-defining-moment-for-the-amp039metabirkinamprsquo In this article, Withers' intellectual property partner Gina Bibby analyses the court's comments during a recent oral argument and what brand owners and creatives can learn from it. Wealth, Trusts and Family Office Sustained success for Collas Crill's private client team News Team Tuesday, November 19, 2024 12:00 am https://legal.managersofwealth.com/article/78679/sustained-success-for-collas-crillamp039s-private-client-team The restructure has reaped benefits, not only in terms of providing clients with the best possible team for each matter but also partner-led and seamless support across time zones. Wealth, Trusts and Family Office Leveraging alternative jurisdictions – South Africa and the British Virgin Islands News Team Friday, October 25, 2024 1:00 am https://legal.managersofwealth.com/article/78413/leveraging-alternative-jurisdictions-ampndash-south-africa-and-the-british-virgin-islands No standard structure exists for any family or business, but specific methods and solutions have worked for families for generations. Wealth, Trusts and Family Office Stephenson Harwood advises on sale of Whitley Asset Management to Cazenove Capital News Team Tuesday, October 15, 2024 1:00 am https://legal.managersofwealth.com/article/78290/stephenson-harwood-advises-on-sale-of-whitley-asset-management-to-cazenove-capital WAM manages assets of approximately £1.5 billion on behalf of ultra-high net worth entrepreneurs and charity clients. Wealth, Trusts and Family Office Farrer & Co advises Canaccord Genuity Wealth Management on its acquisition of Cantab Asset Management Ltd News Team Thursday, October 03, 2024 1:00 am https://legal.managersofwealth.com/article/78162/farrer-ampamp-co-advises-canaccord-genuity-wealth-management-on-its-acquisition-of-cantab-asset-management-ltd The Farrer & Co team was led by Simon Ward Wealth, Trusts and Family Office Trust, Will & Estate Disputes News Team Monday, September 30, 2024 1:00 am https://legal.managersofwealth.com/article/78119/trust-will-ampamp-estate-disputes A brilliant team, led by partners who are at the top of their game and stocked with high-quality associates. Wealth, Trusts and Family Office Win for Collas Crill at the STEP Private Client Awards 2024 News Team Wednesday, September 25, 2024 1:00 am https://legal.managersofwealth.com/article/78065/win-for-collas-crill-at-the-step-private-client-awards-2024 The Judges commented that Collas Crill has an impressive multi-disciplinary and multi-jurisdictional practice Wealth, Trusts and Family Office Farrer & Co advises Canaccord Genuity Wealth Management on the acquisition of Brooks Macdonald Asset Management (International) Limited News Team Tuesday, September 17, 2024 1:00 am https://legal.managersofwealth.com/article/77967/farrer-ampamp-co-advises-canaccord-genuity-wealth-management-on-the-acquisition-of-brooks-macdonald-asset-management-international-limited Farrer & Co acted as legal advisor to CGWM UK in connection with the transaction, which represents a significant addition to CGWM UK’s international operations. Wealth, Trusts and Family Office Luxembourg - A European hub for Islamic finance News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79035/luxembourg-a-european-hub-for-islamic-finance The project required expertise from multiple legal practices and jurisdictions to be successfully executed. Government Regulation Offshore electricity workplace safety duties harsher after rule changes News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79045/offshore-electricity-workplace-safety-duties-harsher-after-rule-changes The rules also resolve uncertainty by clarifying that licence holders have a duty to consult their workers on work health Government Regulation EDPB opinion spurs need for GDPR AI adaptability, say experts News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79048/edpb-opinion-spurs-need-for-gdpr-ai-adaptability-say-experts The mere fact that an AI system is involved in processing personal data does not change the overall principles of data privacy. Government Regulation Wrap up of key legal insights within the Real Estate sector in Belgium News Team Thursday, December 19, 2024 12:00 am https://legal.managersofwealth.com/article/79017/wrap-up-of-key-legal-insights-within-the-real-estate-sector-in-belgium Review the summaries of last year’s publications below, and be prepared to stay informed and to navigate a promising new year in real estate with us. Government Regulation ESMA Publishes Consultation Paper on Regulatory Technical Standards (RTS) for Open-ended Loan-originating Funds News Team Thursday, December 19, 2024 12:00 am https://legal.managersofwealth.com/article/79018/esma-publishes-consultation-paper-on-regulatory-technical-standards-rts-for-open-ended-loan-originating-funds The RTS set out the requirements with which Loan-Originating AIFs are to comply in order to maintain an open-ended structure. Government Regulation UK environmental watchdog calls for tougher regulatory action over sewage spills News Team Thursday, December 19, 2024 12:00 am https://legal.managersofwealth.com/article/79020/uk-environmental-watchdog-calls-for-tougher-regulatory-action-over-sewage-spills The OEP was set up under the 2021 Environment Act to hold the government and other public bodies to account in England and Northern Ireland. Government Regulation PRA finalises policy on solvent exit planning for insurers News Team Thursday, December 19, 2024 12:00 am https://legal.managersofwealth.com/article/79022/pra-finalises-policy-on-solvent-exit-planning-for-insurers The PRA’s new rules will come into force on 30 June 2026. Government Regulation FCA consults on proposed PISCES rules News Team Thursday, December 19, 2024 12:00 am https://legal.managersofwealth.com/article/79023/fca-consults-on-proposed-pisces-rules This briefing provides a summary of the key points from the FCA’s consultation. Government Regulation Energy performance certificates reform must drive emissions reduction News Team Wednesday, December 18, 2024 12:00 am https://legal.managersofwealth.com/article/79004/energy-performance-certificates-reform-must-drive-emissions-reduction Years of inertia by policymakers have slowed the UK real estate net zero journey and left property owners and occupiers operating in an uncertain environment. Government Regulation Rights to inspect: The 'Proper Purpose' Test News Team Wednesday, December 18, 2024 12:00 am https://legal.managersofwealth.com/article/79008/rights-to-inspect-the-amp039proper-purposeamp039-test There is no dispute as to how the provisions of section 127 CGL 2008 are to be applied, rather the question is 'what constitutes a 'proper purpose'?'. Government Regulation Jersey and the Global Minimum Tax – the OECD Pillar Two Rules News Team Wednesday, December 18, 2024 12:00 am https://legal.managersofwealth.com/article/79009/jersey-and-the-global-minimum-tax-ampndash-the-oecd-pillar-two-rules The laws should be kept under review and advice confirming the application should be sought. Tax Ireland’s latest Finance Act provides tax clarity for multinationals News Team Monday, December 16, 2024 12:00 am https://legal.managersofwealth.com/article/78981/irelandamprsquos-latest-finance-act-provides-tax-clarity-for-multinationals Ireland transposed the EU Minimum Tax Directive, which was based on the Pillar Two GloBE rules, into its domestic laws in 2023, Tax Tax rises for Charities in the UK following the October Budget Announcement News Team Friday, December 13, 2024 12:00 am https://legal.managersofwealth.com/article/78969/tax-rises-for-charities-in-the-uk-following-the-october-budget-announcement The uplift comes amidst other pressures facing the charities sector, including a 6.7% rise in the national living wage effective from 1 April 2025. Tax Setting up a UK subsidiary: key tax considerations News Team Tuesday, December 10, 2024 12:00 am https://legal.managersofwealth.com/article/78917/setting-up-a-uk-subsidiary-key-tax-considerations Companies must self assess their corporation tax liability. Tax Court of Appeal decision highlights complexities in group litigation orders News Team Tuesday, December 10, 2024 12:00 am https://legal.managersofwealth.com/article/78922/court-of-appeal-decision-highlights-complexities-in-group-litigation-orders The Court of Appeal was tasked with considering three preliminary issues that had been previously addressed by the High Court in 2023. Tax Destination UK: Tax regime for new residents from 6 April 2025 News Team Friday, December 06, 2024 12:00 am https://legal.managersofwealth.com/article/78882/destination-uk-tax-regime-for-new-residents-from-6-april-2025 From 6 April 2025, the concept of 'domicile' will largely cease to be relevant for tax purposes. Tax Guernsey Adopts OECD's Global Minimum Tax Rate of 15% News Team Monday, December 02, 2024 12:00 am https://legal.managersofwealth.com/article/78825/guernsey-adopts-oecdamp039s-global-minimum-tax-rate-of-15 This 15% minimum rate is achieved through jurisdictions enacting the OECD's Global Anti-Base Erosion (GloBE) Rules. Tax Principal Procedural Obligations of a Taxpayer in The Bahamas News Team Monday, November 25, 2024 12:00 am https://legal.managersofwealth.com/article/78753/principal-procedural-obligations-of-a-taxpayer-in-the-bahamas The key regulators in the Bahamian tax system are the DIR and the Department of Customs. Tax FATCA and CRS reporting deadlines for 2025 News Team Friday, November 22, 2024 12:00 am https://legal.managersofwealth.com/article/78725/fatca-and-crs-reporting-deadlines-for-2025 The Cayman Islands Department for International Tax Cooperation (DITC) has stated that it will consider appropriate compliance and enforcement action Tax Partial exemption and VAT recovery for UK businesses News Team Friday, November 22, 2024 12:00 am https://legal.managersofwealth.com/article/78740/partial-exemption-and-vat-recovery-for-uk-businesses These supplies all carry what is known as the right to deduct. Tax What are some of the current challenges for mental health in the workplace? News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/78959/what-are-some-of-the-current-challenges-for-mental-health-in-the-workplace In today’s corporate environment, the term "mental health" is increasingly being discussed Comment, Analysis & Research Corey Byrne named Next Gen of the Year at the 2024 RISA Cayman Awards News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79036/corey-byrne-named-next-gen-of-the-year-at-the-2024-risa-cayman-awards Corey regularly contributes to leading legal journals and publications on a broad range of topics Comment, Analysis & Research Dentons Hong Kong partner Richard Keady named one of The Visionaries in the A-List 2024-25 by China Business Law Journal News Team Thursday, December 19, 2024 12:00 am https://legal.managersofwealth.com/article/79019/dentons-hong-kong-partner-richard-keady-named-one-of-the-visionaries-in-the-a-list-2024-25-by-china-business-law-journal The A-List is based on extensive research conducted by China Business Law Journal Comment, Analysis & Research Taking care of yourself during the holiday season News Team Thursday, December 19, 2024 12:00 am https://legal.managersofwealth.com/article/79027/taking-care-of-yourself-during-the-holiday-season As with many of life's challenges, planning can be the best way to mitigate impact. Comment, Analysis & Research What to Know About How the Bonus Works and What Should Be Done If It Is Not Paid News Team Thursday, December 19, 2024 12:00 am https://legal.managersofwealth.com/article/79028/what-to-know-about-how-the-bonus-works-and-what-should-be-done-if-it-is-not-paid Mr. Cuervo explained that bonus payments are divided into two parts: one in June and another in December. Comment, Analysis & Research New time limits: Are employers headed for more litigation or more resolution? News Team Tuesday, December 17, 2024 12:00 am https://legal.managersofwealth.com/article/79000/new-time-limits-are-employers-headed-for-more-litigation-or-more-resolution It remains to be seen whether another creation of the Bill – the Fair Work Agency – will relieve some of the employment tribunals' workload. Comment, Analysis & Research Mourant expands presence with new office in the heart of London News Team Monday, December 16, 2024 12:00 am https://legal.managersofwealth.com/article/78986/mourant-expands-presence-with-new-office-in-the-heart-of-london The recently refurbished building features a redesigned reception and communal areas, bike storage and showers, ensuring a premium experience for the firm's team and clients. Comment, Analysis & Research Maples Group Celebrates Recognition of Finance Partners in IFLR1000 Women Leaders 2024 News Team Monday, December 16, 2024 12:00 am https://legal.managersofwealth.com/article/78989/maples-group-celebrates-recognition-of-finance-partners-in-iflr1000-women-leaders-2024 The IFLR1000 Women Leaders is an elite ranking category that celebrates the most prominent female lawyers in the world who have demonstrated outstanding performance and leadership in their fields. Comment, Analysis & Research Maples Group Celebrates Associates Olivia Gaultier and Thomas Crahay on Passing the Luxembourg Bar News Team Monday, December 16, 2024 12:00 am https://legal.managersofwealth.com/article/78990/maples-group-celebrates-associates-olivia-gaultier-and-thomas-crahay-on-passing-the-luxembourg-bar This significant achievement marks a milestone in their legal careers and underscores the Group’s commitment to fostering professional growth and excellence within its team. Comment, Analysis & Research Appleby among leading offshore firms in latest Chambers Asia-Pacific rankings News Team Friday, December 13, 2024 12:00 am https://legal.managersofwealth.com/article/78963/appleby-among-leading-offshore-firms-in-latest-chambers-asia-pacific-rankings A leading directory for the legal industry, Chambers ranks law firms and their lawyers across 200 jurisdictions worldwide based on independent research and analysis, including client feedback. Comment, Analysis & Research Bindmans’ Private Client team participates in Will Aid 2024 News Team Wednesday, November 13, 2024 12:00 am https://legal.managersofwealth.com/article/78622/bindmansamprsquo-private-client-team-participates-in-will-aid-2024 Running throughout November, the Will Aid scheme supports charitable causes whilst giving people the chance to access a professionally written Will. Charity & Philanthropy Maximising impact in philanthropy: how blended finance scales impact News Team Wednesday, October 30, 2024 12:00 am https://legal.managersofwealth.com/article/78463/maximising-impact-in-philanthropy-how-blended-finance-scales-impact Blended finance initiatives will play an indispensable role in funding solutions to global challenges Charity & Philanthropy Maples Group to Title Sponsor the IRC European Championship 2024 News Team Wednesday, August 14, 2024 1:00 am https://legal.managersofwealth.com/article/77598/maples-group-to-title-sponsor-the-irc-european-championship-2024 The IRC European Championship, which alternates between the North and South of Europe (the Channel and the Mediterranean Sea), is a flagship event of the Royal Ocean Racing Club. Charity & Philanthropy Appleby Bermuda Makes 25th Holiday Donation to Star Charity News Team Wednesday, December 20, 2023 12:00 am https://legal.managersofwealth.com/article/75029/appleby-bermuda-makes-25th-holiday-donation-to-star-charity Appleby has been supporting STAR charity during the holidays since 1998, supporting six families with food hampers, fruit baskets and gifts, with gift certificates this year for 30 family members. Charity & Philanthropy Withers' charity and philanthropy team wins recognition in major legal directories News Team Friday, November 03, 2023 12:00 am https://legal.managersofwealth.com/article/74485/withersamp039-charity-and-philanthropy-team-wins-recognition-in-major-legal-directories The Withers’ charities and philanthropy team has been recognised as a top tier practice by leading directories Legal 500 and Chambers and Partners for 2023/2024. Charity & Philanthropy Carey Olsen partners with World Triathlon Bermuda and legal team compete to raise funds for Family Centre Bermuda News Team Tuesday, October 11, 2022 1:00 am https://legal.managersofwealth.com/article/70064/carey-olsen-partners-with-world-triathlon-bermuda-and-legal-team-compete-to-raise-funds-for-family-centre-bermuda Carey Olsen Bermuda is a supporter of many community-based sports and activities. Charity & Philanthropy Ethical investment - latest for charities on striking the right balance News Team Friday, May 13, 2022 1:00 am https://legal.managersofwealth.com/article/68241/ethical-investment-latest-for-charities-on-striking-the-right-balance How should charity trustees approach the thorny issue of avoiding investments that conflict with their charity’s purposes whilst at the same time trying to maximise financial returns? This was the dilemma at the heart of a recent High Court ruling Charity & Philanthropy Cayman Islands Foundation Companies for DAOs, Defi and NFTs News Team Thursday, April 07, 2022 1:00 am https://legal.managersofwealth.com/article/67795/cayman-islands-foundation-companies-for-daos-defi-and-nfts One of the most important considerations, as explained further below, is the Cayman Virtual Assets (Service Providers) Act (VASP Act) and how it might impact a project. Charity & Philanthropy Bedell Cristin sponsors artwork installation at La Vallette Bathing Pools in collaboration with GCFE young designers News Team Friday, August 20, 2021 1:00 am https://legal.managersofwealth.com/article/64520/bedell-cristin-sponsors-artwork-installation-at-la-vallette-bathing-pools-in-collaboration-with-gcfe-young-designers There will be a focus on education, the history and heritage of the site, sustainability, the environment and social interaction. Charity & Philanthropy Philanthropy 2021: 'Doing Better at Doing Good' News Team Friday, August 13, 2021 1:00 am https://legal.managersofwealth.com/article/64398/philanthropy-2021-amp039doing-better-at-doing-goodamp039 Many philanthropic funders rose to the occasion and expanded their grants programmes to accommodate the uncertainty and increasing need. Charity & Philanthropy Jersey funds law series - professional investor regulated scheme exemption for service providers News Team Friday, October 27, 2023 1:00 am https://legal.managersofwealth.com/article/74417/jersey-funds-law-series-professional-investor-regulated-scheme-exemption-for-service-providers The administration and management of Jersey investment structures can be complex and requires service providers to be aware of the regulatory requirements and exemptions that they may face when providing relevant services in respect of such structures. Money Laundering and AML British Virgin Islands: Premier Andrew Fahie arrested in US drug sting News Team Friday, April 29, 2022 1:00 am https://legal.managersofwealth.com/article/68080/british-virgin-islands-premier-andrew-fahie-arrested-in-us-drug-sting Premier Andrew Fahie was detained in Miami by US agents posing as cocaine traffickers from a Mexican drug cartel. Money Laundering and AML The sports industry: Laundering more than dirty kit? News Team Friday, April 29, 2022 1:00 am https://legal.managersofwealth.com/article/68084/the-sports-industry-laundering-more-than-dirty-kit But unfortunately, the reality is that the sports industry can be an attractive target for criminal activity, including money laundering. Money Laundering and AML Gambling AML: Money Laundering Through Casinos News Aggregation Team Friday, April 29, 2022 1:00 am https://legal.managersofwealth.com/article/68087/gambling-aml-money-laundering-through-casinos One of the industries with the biggest risk of money laundering is casinos. Money Laundering and AML Signatures for Sale: How Nominee Services for Shell Companies Are Abused to Conceal Beneficial Owners News Team Friday, April 29, 2022 1:00 am https://legal.managersofwealth.com/article/68089/signatures-for-sale-how-nominee-services-for-shell-companies-are-abused-to-conceal-beneficial-owners The report draws evidence from a global mystery shopping exercise based on thousands of solicitations for shell companies, as well as marketing information from shell company providers, and journalistic and policy research on the topic. Money Laundering and AML Guernsey AML News Team Thursday, March 31, 2022 1:00 am https://legal.managersofwealth.com/article/67700/guernsey-aml Guernsey has a democratic assembly known as the States of Guernsey; Alderney and Sark have their own parliaments. Money Laundering and AML 10 measures to expose sanctioned Russian oligarchs’ hidden assets News Team Friday, March 04, 2022 12:00 am https://legal.managersofwealth.com/article/67290/10-measures-to-expose-sanctioned-russian-oligarchsamprsquo-hidden-assets The Tax Justice Network has in response published a briefing detailing 10 transparency measures Money Laundering and AML More change proposed to Jersey's AML regime: Are you Exempt? News Team Thursday, February 24, 2022 12:00 am https://legal.managersofwealth.com/article/67173/more-change-proposed-to-jerseyamp039s-aml-regime-are-you-exempt The rationale for the application of certain current scope exemptions, which mean certain businesses do not have to comply with the anti-money laundering framework, was also identified by the MONEYVAL Report as a cause for concern. Money Laundering and AML US Treasury's AML report weighs against increased regulations in art market for now News Team Thursday, February 17, 2022 12:00 am https://legal.managersofwealth.com/article/67074/us-treasuryamp039s-aml-report-weighs-against-increased-regulations-in-art-market-for-now Contrary to what many had expected, however, FinCEN concluded that there is limited evidence of money laundering and little risk of terror financing through the sale of high value art. Money Laundering and AML EU AML update: solutions for affected Cayman securitisation entities News Team Tuesday, February 08, 2022 12:00 am https://legal.managersofwealth.com/article/66946/eu-aml-update-solutions-for-affected-cayman-securitisation-entities Regulations prohibits the establishment of securitisation special purpose entities (SSPEs) in countries listed on the EU AML blacklist Money Laundering and AML Sole Offshore Law Firm Among Leading IPO Advisers in Q1 2024 News Team Friday, August 16, 2024 1:00 am https://legal.managersofwealth.com/article/77617/sole-offshore-law-firm-among-leading-ipo-advisers-in-q1-2024 The private equity community is expected to be a key driver of activity, both in the second half of 2024 and into 2025. Offshore and IFC Bermuda – 2022 Economic Substance Declaration Form Updates, Registrar of Companies Compliance Reviews and Prospective Compliance Planning News Team Friday, May 27, 2022 1:00 am https://legal.managersofwealth.com/article/68414/bermuda-ampndash-2022-economic-substance-declaration-form-updates-registrar-of-companies-compliance-reviews-and-prospective-compliance-planning The Registrar has issued two industry notices during the past month. Offshore and IFC Cayman Court extends the timing of factual evidence in section 238 proceedings until third party disclosure is completed News Team Friday, May 27, 2022 1:00 am https://legal.managersofwealth.com/article/68420/cayman-court-extends-the-timing-of-factual-evidence-in-section-238-proceedings-until-third-party-disclosure-is-completed Sina Corporation effected a take-private merger in the Cayman Islands. Offshore and IFC Cayman Update: Return of Mistaken Payments held on Constructive Trust News Team Friday, May 27, 2022 1:00 am https://legal.managersofwealth.com/article/68421/cayman-update-return-of-mistaken-payments-held-on-constructive-trust The Court accepted that no benefit could have accrued to a payor in respect of a Mistaken Payment and that the Company would have been fixed with this knowledge at the time of receipt. Offshore and IFC Privy Council permits enforcement of arbitral award under New York Convention despite alleged lack of due process News Team Friday, May 27, 2022 1:00 am https://legal.managersofwealth.com/article/68422/privy-council-permits-enforcement-of-arbitral-award-under-new-york-convention-despite-alleged-lack-of-due-process The Convention provides a set of international legal standards for the recognition and enforcement of arbitration awards Offshore and IFC Fun and Games Ahead? News Team Thursday, May 05, 2022 1:00 am https://legal.managersofwealth.com/article/68134/fun-and-games-ahead In addition to outlining the new provisions, this article will explore the scope for abuse of the new regime by unscrupulous debtors. Offshore and IFC Snapshot: confidentiality in Cayman Islands arbitration proceedings News Team Thursday, May 05, 2022 1:00 am https://legal.managersofwealth.com/article/68135/snapshot-confidentiality-in-cayman-islands-arbitration-proceedings There are a number of other exception categories which are less likely to be available in a commercial context Offshore and IFC In Your Court: Offshore Dispute Resolution Review News Team Thursday, March 31, 2022 1:00 am https://legal.managersofwealth.com/article/67697/in-your-court-offshore-dispute-resolution-review This variety is reflected in the range of content from our team in this edition Offshore and IFC Russia Sanctions: Reporting obligations in BVI, Cayman, and Anguilla News Team Wednesday, March 30, 2022 1:00 am https://legal.managersofwealth.com/article/67668/russia-sanctions-reporting-obligations-in-bvi-cayman-and-anguilla Bermuda was not included in the UKOTs to which the 2019 Russia-UK Regulations were extended. Offshore and IFC International law firm merges with Dublin-based Solicitors News Team Wednesday, March 30, 2022 1:00 am https://legal.managersofwealth.com/article/67676/international-law-firm-merges-with-dublin-based-solicitors Ireland combines a thriving domestic market and a significant and growing centre for financial services excellence which we believe is a great fit for our next home jurisdiction. Offshore and IFC Mourant Partner appointed to the INSOL World Editorial Board News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79033/mourant-partner-appointed-to-the-insol-world-editorial-board Simon is an INSOL Fellow and a member of the Litigation and Insolvency team in the Mourant Cayman Islands office. People Moves Matheson Appoints Nine New Partners Across Seven Practice Areas News Team Thursday, December 19, 2024 12:00 am https://legal.managersofwealth.com/article/79016/matheson-appoints-nine-new-partners-across-seven-practice-areas Seven Promotions and Two New Hires bring the number of partners and tax principals to 125 People Moves Seven Carey Olsen lawyers called to the Jersey Bar News Team Thursday, December 19, 2024 12:00 am https://legal.managersofwealth.com/article/79025/seven-carey-olsen-lawyers-called-to-the-jersey-bar Lizzie Chamberlain joined Carey Olsen's banking and finance team in 2022 People Moves Dentons announces Country and Office Managing Partners in Europe and Central Asia for the 2025-2027 term News Team Wednesday, December 18, 2024 12:00 am https://legal.managersofwealth.com/article/79006/dentons-announces-country-and-office-managing-partners-in-europe-and-central-asia-for-the-2025-2027-term Corporate and M&A partner Kamil Valiyev and Banking and Finance partner Ulvia Zeynalova-Bockin have been reappointed Azerbaijan Co-managing Partners for an additional term. People Moves Hogan Lovells appoints Tom Connally as co-leader of the firm's global Pro Bono practice and U.S. Pro Bono Partner News Team Wednesday, December 18, 2024 12:00 am https://legal.managersofwealth.com/article/79012/hogan-lovells-appoints-tom-connally-as-co-leader-of-the-firmamp039s-global-pro-bono-practice-and-us-pro-bono-partner He succeeds T. Clark Weymouth in this role effective 1 January. People Moves Gibson Dunn Adds Real Estate and Data Center Lawyer Emily Naughton in D.C. News Aggregation Team Tuesday, December 17, 2024 12:00 am https://legal.managersofwealth.com/article/78997/gibson-dunn-adds-real-estate-and-data-center-lawyer-emily-naughton-in-dc Emily will continue to focus on real estate and infrastructure transactions, representing many of the largest owners and operators of data center facilities in the country. People Moves Four new counsel appointed at De Brauw News Team Tuesday, December 17, 2024 12:00 am https://legal.managersofwealth.com/article/78998/four-new-counsel-appointed-at-de-brauw They each have built a strong track record in their areas of practice and are committed to delivering the best outcome for our national and international clients in complex, often multidisciplinary, matters. People Moves K&L Gates Adds Los Angeles Partner to Labor, Employment, and Workplace Safety Practice News Team Monday, December 16, 2024 12:00 am https://legal.managersofwealth.com/article/78984/kampampl-gates-adds-los-angeles-partner-to-labor-employment-and-workplace-safety-practice Ferry is a welcomed addition to our global Labor, Employment, and Workplace Safety practice People Moves New managing partners at Dentons in Poland News Team Monday, December 16, 2024 12:00 am https://legal.managersofwealth.com/article/78991/new-managing-partners-at-dentons-in-poland The new managing partners will succeed Anna Pukszto and BartÅ‚omiej Kordeczka, whose terms of office expire at the end of this year. People Moves Baker McKenzie & KL Partners Joint Venture Law Firm Continues Expansion with Addition of Leading International Arbitration Partner Sung Woo (Sean) Lim in Seoul News Team Monday, December 16, 2024 12:00 am https://legal.managersofwealth.com/article/78993/baker-mckenzie-ampamp-kl-partners-joint-venture-law-firm-continues-expansion-with-addition-of-leading-international-arbitration-partner-sung-woo-sean-lim-in-seoul Sean brings over 30 years of experience in arbitration People Moves Advising Mediobanca on first EMTN program of a bank issuer approved by CONSOB News Aggregation Team Saturday, December 21, 2024 12:00 am https://legal.managersofwealth.com/article/79047/advising-mediobanca-on-first-emtn-program-of-a-bank-issuer-approved-by-consob This transaction is part of a broader initiative promoted by Borsa Italiana with the full support of CONSOB. Legal Advice Shoosmiths advises Invesco and PLATFORM_ joint venture on BTR portfolio sale News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79038/shoosmiths-advises-invesco-and-platform-joint-venture-on-btr-portfolio-sale The successful disposal of this residential portfolio is a central part of our evolving strategic business plan Legal Advice Eversheds Sutherland advises Homes England on £250 million joint venture set to deliver thousands of new homes News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79039/eversheds-sutherland-advises-homes-england-on-amppound250-million-joint-venture-set-to-deliver-thousands-of-new-homes The partnership will target large or complex sites with the potential to deliver more than 1,000 homes each Legal Advice Investment Treaty Arbitration: A guide to Italy's investment treaty programme News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79040/investment-treaty-arbitration-a-guide-to-italyamp039s-investment-treaty-programme As leading experts in the field, Hussein Haeri KC and Camilla Gambarini have authored the chapter on Italy in the Investment Treaty Arbitration Know-How Guide. Legal Advice Rules Holdings (BVI) VASP license approved! News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79041/rules-holdings-bvi-vasp-license-approved This approval is a testament to the team’s ability to execute on that vison. Legal Advice Offshore investment funds: A festive look at a changing landscape News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79042/offshore-investment-funds-a-festive-look-at-a-changing-landscape Alternative investments have been a growing trend in the offshore investment sector for several years now, and 2024 has only reinforced this. Legal Advice Mediation: the power of emotion in resolving family disputes News Aggregation Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79043/mediation-the-power-of-emotion-in-resolving-family-disputes In some disputes the emotional tension or outright hostility between the parties may be a very significant factor. Legal Advice Australian employers must be familiar with fixed term contract limitations News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79044/australian-employers-must-be-familiar-with-fixed-term-contract-limitations The referee then filed a notice of appeal, against the decision of Deputy President Cross issued on 12 November 2021. Legal Advice A&O Shearman advises Andera Partners on strategic partnership with New York Life Investments and Candriam News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79046/aampampo-shearman-advises-andera-partners-on-strategic-partnership-with-new-york-life-investments-and-candriam The transaction remains subject to customary consultation with the relevant employee representative bodies and regulatory approvals. Legal Advice White & Case advises Saba Capital Management News Team Thursday, December 19, 2024 12:00 am https://legal.managersofwealth.com/article/79021/white-ampamp-case-advises-saba-capital-management The initiative targets investment trusts presently managed by Baillie Gifford, Herald Investment Management, Janus Henderson Investors and Manulife | CQS Investment Management. Legal Advice GLI Cayman Islands blockchain and cryptocurrency regulation 2025, seventh edition News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79037/gli-cayman-islands-blockchain-and-cryptocurrency-regulation-2025-seventh-edition Providing sound legal counsel in this dynamic environment remains a formidable challenge. FinTech AI copyright regime steers away from requiring licences in all cases News Team Wednesday, December 18, 2024 12:00 am https://legal.managersofwealth.com/article/79015/ai-copyright-regime-steers-away-from-requiring-licences-in-all-cases Currently, the UK Copyright, Designs and Patents Act 1998 provides limited exceptions to copyright infringement. FinTech Advising on the world’s first regulated DEX and securing a Class M Digital Asset Business License News Team Wednesday, December 11, 2024 12:00 am https://legal.managersofwealth.com/article/78928/advising-on-the-worldamprsquos-first-regulated-dex-and-securing-a-class-m-digital-asset-business-license This is a significant step forward in bringing decentralized finance (DeFi) to the mainstream. FinTech Chambers FinTech Names Holland & Knight a Leading Firm for Blockchain & Crypto in 2025 Guide News Team Tuesday, December 10, 2024 12:00 am https://legal.managersofwealth.com/article/78925/chambers-fintech-names-holland-ampamp-knight-a-leading-firm-for-blockchain-ampamp-crypto-in-2025-guide Chambers FinTech helps clients discover the leading lawyers and other professionals in the financial technology industry across the world FinTech Carey Olsen's FinTech practice ranked Band 1 in Chambers 2025 guide News Team Friday, December 06, 2024 12:00 am https://legal.managersofwealth.com/article/78880/carey-olsenamp039s-fintech-practice-ranked-band-1-in-chambers-2025-guide The firm's Bermuda and Jersey FinTech practices have retained their Band 1 position FinTech Digital Money - Driving the Future of Finance in Hong Kong News Team Friday, December 06, 2024 12:00 am https://legal.managersofwealth.com/article/78884/digital-money-driving-the-future-of-finance-in-hong-kong There have already been several successful tokenised product offerings, but with payments made off-chain. FinTech Ogier ranked as a leading legal adviser for fintech in the BVI News Team Friday, December 06, 2024 12:00 am https://legal.managersofwealth.com/article/78887/ogier-ranked-as-a-leading-legal-adviser-for-fintech-in-the-bvi Chambers FinTech BVI 2024 guide identifies the leading payments, blockchain, cyber security and data protection specialists globally FinTech Dentons excels in Chambers FinTech 2025 News Team Friday, December 06, 2024 12:00 am https://legal.managersofwealth.com/article/78888/dentons-excels-in-chambers-fintech-2025 Chambers FinTech is a comprehensive guide to the leading Fintech professionals around the world. FinTech Power purchase agreements can help data centre sustainability goals News Team Thursday, December 05, 2024 12:00 am https://legal.managersofwealth.com/article/78871/power-purchase-agreements-can-help-data-centre-sustainability-goals To prevent overheating and maintain optimal performance, data centres use extensive cooling systems, which can accrue a lot of energy consumption. FinTech Linklaters launches AI Sandbox following second global ideas campaign News Team Tuesday, December 03, 2024 12:00 am https://legal.managersofwealth.com/article/78839/linklaters-launches-ai-sandbox-following-second-global-ideas-campaign Linklaters’ innovation team has recently closed its second successful AI ideas campaign. FinTech Planning reforms promote renewables projects in England News Team Monday, December 16, 2024 12:00 am https://legal.managersofwealth.com/article/78980/planning-reforms-promote-renewables-projects-in-england The government has set the minimum generation capacity that solar projects have to meet to be in-scope of the NSIPs consenting regime at 100MW Planet SOS Allens advises Endeavour Energy on $1bn dual-tranche sustainability-linked loan News Team Monday, December 16, 2024 12:00 am https://legal.managersofwealth.com/article/78983/allens-advises-endeavour-energy-on-1bn-dual-tranche-sustainability-linked-loan 'We are pleased to have advised longstanding client Endeavour Energy on a successful transaction.' Planet SOS Contractualising’ climate and sustainability no longer optional in 2025 News Team Friday, December 06, 2024 12:00 am https://legal.managersofwealth.com/article/78893/contractualisingamprsquo-climate-and-sustainability-no-longer-optional-in-2025 Many banks and asset managers have made commitments to abate their ‘financed emissions’ Planet SOS Ropes & Gray Attorneys Discuss ESG Policies Post-Election in Thomson Reuters Regulatory Intelligence News Team Thursday, November 28, 2024 12:00 am https://legal.managersofwealth.com/article/78795/ropes-ampamp-gray-attorneys-discuss-esg-policies-post-election-in-thomson-reuters-regulatory-intelligence Regarding diversity, equity, and inclusion, employment litigation partner Doug Brayley said that he expects “executive orders over the topics that the executive has the most direct control over Planet SOS Climate change: Shell acquitted, but emissions must be reduced News Team Wednesday, November 27, 2024 12:00 am https://legal.managersofwealth.com/article/78781/climate-change-shell-acquitted-but-emissions-must-be-reduced Hand in glove are the consequent and crucial implications regarding the discretionary power of directors to decide on the corporate interest Planet SOS Dentons advises on project development and financing of solar power projects portfolio in Azerbaijan News Team Friday, November 22, 2024 12:00 am https://legal.managersofwealth.com/article/78736/dentons-advises-on-project-development-and-financing-of-solar-power-projects-portfolio-in-azerbaijan The financing agreements were signed on the sidelines of COP 29 in Baku, Azerbaijan. Planet SOS Ropes & Gray Issues State ESG Update and Analysis for Asset Managers and Financial Institutions News Team Friday, November 22, 2024 12:00 am https://legal.managersofwealth.com/article/78742/ropes-ampamp-gray-issues-state-esg-update-and-analysis-for-asset-managers-and-financial-institutions The first part of this paper includes a roundup of Ropes & Gray thought leadership covering a variety of state ESG-related topics published in 2024. Planet SOS Businesses could face ESG uncertainty under Trump presidency News Team Monday, November 11, 2024 12:00 am https://legal.managersofwealth.com/article/78593/businesses-could-face-esg-uncertainty-under-trump-presidency Businesses operating in the US could also be impacted by the CSRD even if they are not directly in-scope of the regime, Watson said. Planet SOS ESG bond issuance surpasses $800bn as momentum builds for sustainable debt News Team Tuesday, November 05, 2024 12:00 am https://legal.managersofwealth.com/article/78519/esg-bond-issuance-surpasses-800bn-as-momentum-builds-for-sustainable-debt Government issuance dominated activity across green, social and sustainability use-of-proceeds bonds, as sovereign borrowing aims to address urgent environmental and social challenges. Planet SOS UK and Welsh government water commission must help end sector ‘doom loop’ News Team Thursday, October 24, 2024 1:00 am https://legal.managersofwealth.com/article/78410/uk-and-welsh-government-water-commission-must-help-end-sector-amplsquodoom-loopamprsquo The UK government has also introduced into parliament the Water (Special Measures) Bill Planet SOS Without a trace: Jersey’s courts, missing investors and bona vacantia News Team Friday, December 20, 2024 12:00 am https://legal.managersofwealth.com/article/79034/without-a-trace-jerseyamprsquos-courts-missing-investors-and-bona-vacantia There is an expanding bank of decisions in Jersey where assets have been passed to HMRG. Court Cases Jurisdiction dispute? Consider anti-suit injunctions in England and Wales News Team Wednesday, December 18, 2024 12:00 am https://legal.managersofwealth.com/article/79007/jurisdiction-dispute-consider-anti-suit-injunctions-in-england-and-wales A common concern is that a foreign court may refuse to recognise or enforce an English jurisdiction clause, based on its own domestic laws. Court Cases Latest Guernsey case concerning a 'Suspicious Activity Report' elaborates on the 'proceeds of criminal conduct' requirement News Team Thursday, December 12, 2024 12:00 am https://legal.managersofwealth.com/article/78943/latest-guernsey-case-concerning-a-amp039suspicious-activity-reportamp039-elaborates-on-the-amp039proceeds-of-criminal-conductamp039-requirement In October 2021, the FIU responded to the SAR and confirmed that CST was not permitted to release the assets held on the trust fund of the Trusts. Court Cases To be (a son) or not to be: Defining the meaning of 'children' in a trust News Team Thursday, December 12, 2024 12:00 am https://legal.managersofwealth.com/article/78949/to-be-a-son-or-not-to-be-defining-the-meaning-of-amp039childrenamp039-in-a-trust There is a presumption that a child born during a marriage is a child of the husband. Court Cases Disruptions and delays: fighting off an attempt to claim the majority of an estate's shares News Team Thursday, December 12, 2024 12:00 am https://legal.managersofwealth.com/article/78950/disruptions-and-delays-fighting-off-an-attempt-to-claim-the-majority-of-an-estateamp039s-shares The Withers team acting for Elena is Paul Hewitt, Alexandra Dix and Rebecca Edwards, instructing Mark Baxter of 5 Stone Buildings. Court Cases Breach of employment contract causing mental injury compensable in Australia News Team Thursday, December 12, 2024 12:00 am https://legal.managersofwealth.com/article/78953/breach-of-employment-contract-causing-mental-injury-compensable-in-australia The employee was summarily dismissed by Vision Australia, which found that his conduct constituted serious misconduct. Court Cases Challenging the jurisdiction of arbitral tribunals: a Singapore perspective News Team Thursday, December 12, 2024 12:00 am https://legal.managersofwealth.com/article/78956/challenging-the-jurisdiction-of-arbitral-tribunals-a-singapore-perspective The High Court concluded that, in doing so, “the respondent had demonstrated an unequivocal clear and consistent intention to submit to the tribunal’s jurisdiction Court Cases In the representation of Summit Services: Court sides with trustee's decision in family trust dispute News Team Wednesday, December 11, 2024 12:00 am https://legal.managersofwealth.com/article/78929/in-the-representation-of-summit-services-court-sides-with-trusteeamp039s-decision-in-family-trust-dispute It is hoped that the Privy Council will resolve the uncertainty created by the divergent views of the Jersey and Bermuda Courts following Re Piedmont and Re X Trusts. Court Cases Global investigations: Representing individuals in investigative interviews in the UK and US News Team Thursday, November 28, 2024 12:00 am https://legal.managersofwealth.com/article/78790/global-investigations-representing-individuals-in-investigative-interviews-in-the-uk-and-us America’s founding fathers made clear that a potential witness has a clear choice Court Cases Employment update: Recent decisions and agency actions News Team Wednesday, November 27, 2024 12:00 am https://legal.managersofwealth.com/article/78782/employment-update-recent-decisions-and-agency-actions Despite this uncertain regulatory landscape, employers are well advised to consider agency decrees—unless and until they are definitively struck down—while challenges play out. Court Cases