A VIEW FROM GERMANY

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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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CC targets international public law from NY base

Clifford Chance is setting up an international public law capability in New York headed by partner Rae Lindsay. London-based Lindsay will move to New York in January. The new department will liaise with Washington-based international corporate and trade partners Dale Turza and Ryan Trainer. The link-up between the London, New York and Washington offices strengthens […]

Post Office set to revise international legal panel By Dearbail Jordan

The consolidation of its international legal coverage is expected to begin early next year. The move comes after The Post Office reduced its UK regional panel from 40 firms to four and its City firms from 12 to two practices in April this year. The Post Office currently uses Slaughter and May and CMS Cameron […]

the Leader column

How pleasant it is to see law firms displaying the Christmas spirit. A recent double-page advertisement in the FT on behalf of Crisis named all the firms which had donated their Christmas card budgets to the homeless charity. Such are lawyers’ delicate dispositions that they wouldn’t want to shout about how much they give to […]

ONdigital in-house team turns big guns on BSkyB

ONDIGITAL’s in-house legal team has won the first step in its campaign against BSkyB under the new Competition Act. Herbert Smith’s client, satellite broadcaster BSkyB, is facing a full investigation from the Office of Fair Trading (OFT) on how it sells its sports and film channels to rival cable and digital broadcasters. The in-house team […]

The Firm

All the staff at The Firm plus clients and friends are gathered for the annual Christmas knees-up… Pratchard: I say Tom, do you remember last year? The shindig at Pizza Hut. I’m glad we’re not doing that again! Henderson: I should say so. It cost a fortune. Although to be fair, £6,000 of the overall […]

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