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Latest Briefings

Significant Beneficial Ownership: MCA Releases Amended Rules

On 8 February 2019, the Ministry of Corporate Affairs (MCA) released the Companies (Significant Beneficial Owners) Amendment Rules, 2019 (New SBO Rules) to revise and amend the Companies (Significant Beneficial Owners), 2018 (Old SBO Rules). The New SBO Rules have once again kick-started the process of requiring significant beneficial owners to start the reporting procedures. […]

Bermuda’s beneficial ownership registers and privacy: status update and further observations

Bermuda companies, limited liability companies and partnerships have until 30 April 2019 to update or verify beneficial ownership information under Bermuda’s ‘beneficial ownership legislation’. Bermuda’s central register of beneficial ownership information is held on the Bermuda Monetary Authority’s (BMA) “Integra portal”, a secure online registration and filing system. Currently, under Bermuda law, the information on […]

Trusts vs. Foundations: What are the deciding factors?

Trusts have been around for a long time. Their use in the context of succession and wealth planning as well as philanthropy is well established. Foundations, on the other hand, are relatively new (certainly to common law jurisdictions such as Jersey) and as a result there are fewer of them. However, they are being increasingly […]

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In brief: Channel 5 appoints BBC Broadcast head

Channel 5 has poached Colin Campbell as its director of legal and business affairs from BBC Broadcast, where he was head of business affairs. Campbell takes over next January from Jane Gill, who is leaving to set up her own media law practice.

New hope for in-house teams in battle for legal privilege

THE EUROPEAN Commission has promised to consider demands from in-house lawyers that their advice should enjoy legal privilege during competition investigations. In-house lawyers have seized on the promise, which was made in a speech last month by Jonathan Faull, director of general competition policy, as a sign that their long-standing campaign to secure professional privilege […]

Bar Council pilot gives public direct access to Bar

The Bar Council is set to launch a pioneering scheme which will enable the public to bypass solicitors when consulting barristers. The “direct access” pilot will be launched at the end of this month through advice centres in Milton Keynes, London, Sheffield and Cambridge. The barristers’ fees will be funded through legal aid, or privately, […]

Our man in Bahrain

In the news story in The Lawyer (7 October) concerning the closure of Clifford Chance’s office in Bahrain (“Clifford Chance to centralise in Dubai”), you state that “…Norton Rose is the only other UK firm in Bahrain”. I would like to point out that Palmer Cowen (of Mayfair) continues to operate an office in Bahrain […]

Convicted murderers appeal

Two convicted murderers are to challenge their convictions in the House of Lords. Graham Carlo Bingham and Samuel David Cooke, convicted by Mr Justice Higgins at Belfast Crown Court on 10 December 1994, have been given leave to appeal on the question of whether the judge was entitled to refuse the cross-examination of a defendant […]

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