Bar to allow employed pupils…

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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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New competition rules clear the way

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Insolvency lawyers can expect their workload to surge over the coming year as bankruptcies and winding-up petitions continue to grow. According to the Lord Chancellor’s Department, figures for the first quarter of 1999 show a 5 per cent increase in winding-up petitions compared to the same quarter last year. The statistics also reveal that petitions […]

Conditional fees are wide-ranging

I would like to take issue with the comments expressed by Edward Garnier (The Lawyer, 19 April). Mr Garnier’s knowledge of the conditional fee insurance market seems to be restricted to one company. Had he asked us, or one of our many competitors, he would have discovered that a wide range of policies is available […]

UK firms ride out Asian recession

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