Money laundering: new case raises fresh worries over reporting clients

Premium content

This article is only available to Premium subscribers of The Lawyer. Premium subscribers benefit from accessing all of our award-winning online content including interviews, commentary, analysis and in-depth research.

View our subscription options

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3716 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here 

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 […]

Recommended

Piper Rudnick faces $9m damages claim

US firm Piper Rudnick is being sued for at least $9m (£5.9m) in damages by the bondholders in bankrupt organisation Greater Southeast Community Healthcare System. Holders of $16.3m (£10.7m) in bonds have alleged that Piper Rudnick was negligent in its handling of a bond deal conducted in 1993.The claim against Piper Rudnick centres on the […]

Deals summary

CMS Cameron McKenna (Ian Parker) has led a joint CMS team, including lawyers from CMS Carnogursky Strommer Reich-Rohrwig, advising the Slovakian government on the restructuring of the energy sector. Under the terms of the deal, German energy group E.ON acquires a 49 per cent interest in Západoslovenská energetika (ZSE) for e330m (£213.7m). DWF Solicitors advised […]

Weil Gotshal scoops WorldCom restructure

Weil Gotshal & Manges has picked up another high-profile restructuring. Not content with working on Enron – the US’s biggest bankruptcy – and restructuring telecoms company Global Crossing, the US firm is advising troubled telecoms giant WorldCom.Weil Gotshal has confirmed that a team led by New York corporate partner Jeff Weinberg and restructuring partner Marcia […]

Reluctant hero

DJ Freeman’s new head of corporate Richard Spiller doesn’t know why he landed the role, but Kathryn Hobbs is sure he is the right man for the job It may be Jubilee year, but forget about that lady from Windsor – 2002 marks the 50th anniversary of DJ Freeman. Head of corporate Richard Spiller has […]

Insurance

Summer is finally here, bringing Wimbledon, ice-creams and unsightly upper arms to the fore. For law firms it also signals the start of the professional indemnity (PI) renewal season. Firms have until the end of August to sort out their PI arrangements, so how does the land lie this year?The PI open market has been […]

Recruit legal talent

Get your role in front of over 300,000 legal professionals when you advertise with The Lawyer. Our team of experts provide bespoke solutions to help solve all your recruitment challenges.

Find out more

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3716 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here