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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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Wall St woes: Shock and awe

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A&O, Shearman to merge?

A&O, Shearman to merge?03 October 2008 Allen & Overy in talks with Shearman & Sterling? We’re only asking.The rumours in New York are beginning to mount. Allen & Overy in talks with Shearman & Sterling? We’re only asking. The rumours in New York are beginning to mount. Shearman sources deny it, though another source close […]

Former Tesco counsel joins Ward Hadaway

Ward Hadaway” />Tesco’s former trading law and technical head Stephen Campbell has joined Ward Hadaway to head its environmental team. Ward ­Hadaway head of property and planning Neil Robson said bringing Campbell on board was a “real coup” for the firm. Campbell added that the North East was becoming the place to be for the […]

Camerons rejigs management in quest to match alliance

CMS Cameron McKenna has radically overhauled its management structure to pave the way for the firm’s UK expansion plans. Under the scheme, which was voted through this month, the firm will be governed by a single 15-member board, including up to nine elected members and six global practice group heads. Previously, Camerons operated both a […]

Simmons steers Ministry of Defence through £257m QinetiQ share sale

Simmons & Simmons advised the Ministry of Defence (MoD) on the £257m sale of its entire ­ordinary shares in defence technology ;company ­QinetiQ. The sale was the final stage of a process that was first announced as part of the Strategic Defence Review in 1998. Simmons has advised the MoD on the QinetiQ PPP since […]

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