Bircham Dyson Bell applies for ABS licence after Pitmans merger

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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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Bircham Dyson Bell and Pitmans to vote on £52m tie-up

Partners at City outfit Bircham Dyson Bell will vote on a tie-up with Pitmans later this month, which could create a firm with just over £52m in revenue. The firms said they have entered into exploratory merger discussions, with the vote scheduled for 27 September. They said: “We have decided to make this announcement now […]

London

Keystone profits up 40 per cent in interim financials

Dispersed firm Keystone Law has posted its interim financial results for the six months ending in July 2018, showing double-digit growth both in turnover and profits. The firm revealed 30 per cent turnover growth from £15.3m to £20m. Profit before tax, meanwhile, increased by 40.3 per cent, rising from £1.7m to £2.3m. In addition, cash […]

PwC

PwC takes bet on US firm Fragomen with strategic alliance

Big Four powerhouse PwC and US firm Fragomen Del Rey Bernsen & Loewy have entered a strategic alliance to pitch jointly for immigration-related work from clients across the world. PwC’s global immigration practice covers more than 170 countries, while New York-based US immigration specialist Fragomen has more than 50 offices in over 25 countries, including 16 offices across […]

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