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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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Needs Sussed

While larger law firms still believe a juicy cash bonus is the best incentive, other firms are realising that the way to keep staff motivated and happy is to offer remuneration packages that account for a wider range of needs The average lawyer undisputedly spends the majority of their waking hours in the office, making […]

Buena Vista TV snaps up ex-BBC senior counsel

Disney-subsidiary Buena Vista International Television (BVITV) has appointed former BBC senior counsel Simon Taylor as its chief legal officer. Taylor will take up the role of vice president legal & business affairs for BVITV’s Europe, Middle East and Africa region, heading a staff of 11 across London and Paris. The appointment fills the vacancy created […]

Two birds with one moan

Guffaws of laughter echoed around Tulkinghorn Towers last week when news reached it of Bird & Bird‘s… ahem… compromising position with new burlesque club Volupté, which entertains patrons in the basement of the firm’s building. Tulkinghorn’s scribe immensely enjoyed his conversation with the club owners, the delightfully named Kuki La-Belle and Delores von Cotier. They […]

Deals roundup

Stephensons secures Charlemagne AIM listing Stephenson Harwood has advised fund manager Charlemagne Capital on its £300m AIM flotation – the second-largest AIM listing this year. Stephensons senior partner Andrew Sutch led the team advising on the listing. UBS acted as financial adviser and broker to Charlemagne, while Numis Securities acted as joint lead manager. Linklaters […]

Mannheimer plunders Vinge for China launch

Swedish firm Mannheimer Swartling has launched in China by raiding local rival Vinge, taking its sole Hong Kong partner Thomas Lagerqvist and Shanghai office head Ulf Ohrling. The practice, to be bolstered by Swedish associates from Mannheimer, will focus on M&A and IP work, while also advising on real estate and dispute resolution. First revealed […]

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