Eisenberg elected for fourth term as BLP chief

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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 […]

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Halliwells launches fourth round of redundancy talks

Halliwells has entered into its fourth redundancy consultation with 30 jobs at stake in the latest round of cuts. It is understood that up to 20 lawyers in practices related to real estate are affected alongside around 10 support staff. A firm spokesman said: “Law firms throughout the UK are substantially reducing their staffing levels. […]

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