Crypto-Assets Regulation European Union - Markets in Crypto-assets Regulation (MiCA) (Regulation (EU) 2023/1114 31 May 2023)[1] The European Union, as part of its Digital Finance Package[1] and after much consultation and debate,[2] published its draft Markets in Crypto-assets Regulation (MiCA) in October 2022. The European Union is a single market, and the possibility [...]
Navigating Memory Loss and Legal Protection: A Guide for Families on the Isle of Man Introduction | Navigating Memory Loss and Legal Protection As we advance in age, the concern for our mental well-being becomes as critical as that of our physical health. It is a natural part of life to [...]
MannBenham Advocates seeks to appoint another lawyer to its Litigation Team. 10 November 2023 Litigation Lawyer The successful candidate will be an advocate, barrister or solicitor, of 0-10 years PQE. If the candidate is a barrister or solicitor, they would be expected to re-qualify as a Manx advocate. www.iomlawsociety.co.im/member-of-the-public/advocate-careers/how-to-become-an-advocate [...]
Corporate-Trust Fusion Principle In September 2023, the corporate-trust fusion principle under Isle of Man law turns 21. It remains intact, untouched by the provisions of the Trusts and Trustees Act 2023 which is awaiting its appointed day orders.The principle is one which trustees and directors ignore at their peril but is one which remains little regarded [...]
Beneficial Ownership of Legal Persons Financial Action Task Force (FATF) - Beneficial Ownership of Legal Persons FATF’s Origin and MandateThe Financial Action Task Force (FATF) is an independent inter-governmental body established in 1989 that develops and promotes policies to protect the global financial system against money laundering, terrorist financing and the financing of proliferation of weapons [...]
Are you considering an Anjouan Gambling Licence? Read this first... The Dutch-Caribbean island of Curacao has been talked about a lot in the eGaming industry in recent times, mainly due to the upcoming changes to its online gambling licensing regime. Imminent increases in regulatory requirements have unsettled many operators currently holding a sub-licence in [...]
Estate Administration Estate Administration | An Executors Guide When someone dies, it is firstly, very important to establish whether there is a Will. If there is a Will, you may find that you have been appointed as an Executor. As an Executor, it is your job to check whether there are [...]
Mental Health Receivership If you have found yourself in a position of needing to make decisions for someone who has lost their mental capacity and there's no Enduring Power of Attorney then you will need to apply for what is called a Mental Health Receivership. An application can be made [...]
What is a Power of Attorney? We understand that not everyone understands what a Power of Attorney really is. A Power of Attorney (POA) is a document which allows elected persons to act for another. The person making the power of attorney is called a donor and the person appointed to act on [...]
Receivership in the Isle of Man We regularly get asked to draft and prepare Powers of Attorney for a person when they have lost capacity. Unfortunately, to prepare a Power of Attorney, the person signing the document and providing the instructions, must have the capacity to provide instructions, understand the document [...]
