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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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Three-year covenant

It may be helpful to your readers to add a comment to the article on “Ruling Backs Restrictive Covenants” in The Lawyer, 23 September. Otherwise, they could be left with the mistaken impression that any three-year restrictive covenant on a professional person is enforceable as a result of the decision in Taylor Stuart & Co […]

Herbert Smith first

Herbert Smith’s Brussels trade law team, headed by Craig Pouncey, is representing major Indian pharmaceutical companies in the first non-European anti-subsidies investigation by the European Commission (EC) since the implementation of the World Trade Organisation Anti-Subsidies Agreement in January 1995. The EC is investigating alleged subsidies granted by the Indian government to Indian manufacturers of […]

… and will duck question session at Law Soc conference

THE ASSOCIATION of Women Barristers (AWB) has launched a bitter attack against the Lord Chancellor, Lord Irvine, following his decision to ditch Labour’s pre-election pledge to establish a judicial appointments commission. In June, Lord Irvine had promised to consult over the possibility of setting up an appointments commission, but in a surprise announcement last week […]

Strategic moves

A recent series of mergers in the Australian legal market is a sign of ambition rather than a return of the volatility of the last recession, reports Patrick Stewart.P atrick Stewart is a freelance journalist. Last month, Freehill Hollingdale & Page, a top Australian commercial practice consummated its marriage to Perth firm Parker & Parker, […]

NSW warns Govt over reforms

New South Wales Attorney General Jeff Shaw QC has warned the UK government not to act with haste or be overly influenced by public opinion in reforming the criminal justice system. Shaw, who is a Labour politician and his state’s top law officer, was invited to the UK to address the annual Doughty Street chambers […]

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