Managers of Wealth

Regulation and the Risks of Implementing Liquidity Limits for Asset Managers

Regulation is necessary and should provide a clear framework for asset managers and suitable protection for investors.

Burges Salmon head of Private Wealth named Lawyer of the Year

The event celebrates the best advisers and managers in the private wealth sector across the world with the shortlist decided by a judging panel of ten global industry experts.

Governments should strike a balance between encouraging philanthropy through tax support and ensuring effective public policy

Taxation and Philanthropy reviews the tax treatment of philanthropic entities and charitable donations in 40 countries worldwide.

GMP Equalisation: Duty Does Extend to BPast Transfers

Our 'Guide to GMP equalisation and how to deal with it' provides useful and relevant background information to the broader issues at stake in the Lloyds litigation.

Basel Committee amends capital requirements for non-performing loan securitisations

The Committee consulted publicly on the technical amendment in June 2020.

French draft tax bill for 2020: Nonresident taxation and other provisions

A few provisions are of particular interest for the internationally mobile workforce, in particular the about-face in nonresident withholding reform.

Broker warns buyers to budget for stamp duty

According to data from Trussle, the average completion time varies across the country, with a median of 96 days in the South East and 166 days in the East Midlands.

Alan Shearer’s former financial adviser breached order – judge

She outlined her conclusions in a ruling after overseeing a recent High Court hearing, in London, at which Mr Neal was questioned about his finances.

The Cayman Islands: A jurisdiction of choice for family offices

Dart first considered the question of where to locate its own family office in the early 1990s in order to choose an offshore base of operations for Ken Dart and his family.

ECB review sees increased medium-term vulnerabilities for corporates and banks

Current extensive policy support is helping euro area corporates and households to cope with the fallout of the pandemic, but risks can arise either from a premature end to measures or from prolonged support.

Singapore Oil Tycoon Who Founded Hin Leong Denies HSBC's Forgery Claim

HSBC’s suit, filed in late October, came two months after the trader’s court-appointed managers PricewaterhouseCoopers took legal action against Lim and his family for a total of $3.5 billion in outstanding debt.

Grounded! The Cayman Islands and Guernsey as registries for stored and transitioning aircraft

Once the registration application has been completed with all of the required due diligence items, the application is then submitted online and reviewed

Financial Regulation Update

When the FCA contacts firms in the LLM portfolio it will expect them to be able to explain actions taken in response to this letter.

Weekly Tax Brief

Taxspotters’ finely tuned antennae will be looking for signals regarding tax reliefs.

Higgs & Johnson Ranked as ‘Top Tier’ by Legal 500 Caribbean

The ‘outstanding’ litigation team was lauded for ‘providing significant and timely counsel in disputes’ and the real estate department recognized for its ‘experience in assisting domestic and international real estate investo

Board composition and maintenance – greater than the sum of its parts

The role of the Nomination Committee in the composition and maintenance of an effective Board of Directors.

Divorce and Illiquid Assets: Strategies for Moving Forward During Covid-19

Navigating a divorce is almost always difficult, but add a global pandemic to the equation and the process can feel impossible.

Hedge Funder Sues Gallery Over George Washington Painting

Former hedge-fund manager Michael Steinhardt says the gallery misled him during a consignment.

Government to strip away investor protections in backdoor EU deal

Investors in EU-domiciled funds will not recourse to the FSCS and will have to apply to foreign compensation authorities to get their money back if a product blows up after Brexit.

Get ready for mandatory human rights due diligence

Sooner or later, organizations would reflect this in their legal/compliance departments’ scope and structure.

Legal,Regulation,Tax & Compliance