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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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Pick a picket or two

As public sector workers across the country strike en masse in numbers not seen since 1979, spare a thought for partners at Linklaters. As the magic circle firm’s LLP accounts show, the firm’s top-earning partner pocketed the same amount in 2010-11 as he or she did in 2009-10 and 12 per cent less than the […]

New Russian front

The merger between Magisters and Russia’s Egorov Puginsky is a sign of the growing interest being shown in Ukraine by its powerful neighbour, says Dale McEwan Ukraine’s legal market has seen a relatively small amount of movement in the past year in comparison with other jurisdictions. The most significant transition was the announcement that the […]

Workplace & Diversity Awards showcases innovation in HR

The Lawyer Workplace & Diversity Awards ­(formerly The Lawyer HR Awards) reflect the fact that talent issues have become integral to strategic ­thinking at the highest level of law firm management. As the change of name implies, this year we have broadened the awards to take account of all ­constituencies involved in employee engagement. The ­ceremony will take place on 7 February 2012 […]

1

CMS Cameron McKenna sees steady half-year growth

CMS Cameron McKenna has posted a half-year revenue of £106m – 5 per cent up on the same period in the 2010-11 financial year. At the half year point in 2009-10, turnover was also up five per cent on the previous financial year, at about £100m (7 December 2010). At the close of the 2010-11 […]

Government infrastructure plan could provide boost for regional firms

The Government’s National Infrastructure Plan (NIP) could be a boon for smaller regional firms, though concerns remain among lawyers whether the plan will follow reality. The NIP was published as part of the Government’s Autumn Statement and sets out the “broad vision of the infrastructure investment required to underpin the UK’s growth”. On 29 November, […]

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