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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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Men’s best friend

Congratulations to BPP Law School chief executive Peter Crisp, who married his partner of 20 years, Jeremy Crouch, at Camden Town Hall in August in a civil partnership ceremony. Crouch, a tax accountant, romantically informed Crisp that “there are very sound tax reasons for doing it”. But what’s this? Apparently the couple are already expecting […]

French duo opens doors on TMT boutique

A pair of French lawyers has launched a new technology, media and telecommunications boutique. Olivier de Baecque, formerly a lawyer at Salans and Veil Jourde, and film and television specialist Sophie Borowsky launched Borowsky & De Baecque last month (October). Borowsky described her expertise as complementary to de Baecque’s focus on advising fashion designers, artists, […]

DLA Piper joins PwC to aid disadvantaged school kids in New York

DLA Piper joins PwC to aid disadvantaged school kids in New York” />DLA Piper’s New York office has launched a pro bono project in the city, working with other activist legal groups for a government organisation to help improve facilities and access for the city’s pre-school and primary students from low-income areas. DLA Piper has […]

Brothers set to head rival US firms

Alston & Bird has announced its new managing partner more than a year in advance of his appointment. Richard Hays, brother of Robert Hays, the chairman of rival Atlanta-based firm King & Spalding, will succeed incumbent Ben Johnson when Johnson steps down in 2008. Johnson, 63, is obliged to retire by firm policy, which dictates […]

Half-year results point to record year for UK firms

UK firms are reporting record figures at the half-year point, with double-digit rises in revenue predicted for the end of the financial year. Freshfields Bruckhaus Deringer and Ashurst lead the way, with revenue rising by nearly 25 per cent at Freshfields, from £380m during the same period last year to around £470m during the first […]

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