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Related briefings

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 […]

A guide to Guernsey’s new ILS hybrid vehicle

Carey Olsen Partner Christopher Anderson, with the support of the Guernsey Financial Services Commission (GFSC), has created the world’s first hybrid vehicle for Insurance Linked Securities (ILS) fund managers. This briefing looks at the direct implications of this hybrid vehicle for the following areas: ILS fund managers Investor groups Regulation

Why offshore for fintech?

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change in the fintech sector frequently outstrips the legal and regulatory landscape and fresh approaches are required […]

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. […]

When a child might be a child and when a child might not be a child

By Abid Mahmood Age Determination. New Case from the High Court. Age dispute case have been notoriously difficult to deal with, both for the Courts, but also for the Local Authorities and litigants involved. Before turning to the new case, it is worth remembering that in R (on the application of) S (by his litigation friend) […]

Law to improve accessibility to marketing authorisations for drugs could have some nasty side-effects

By Ksenia Paramonova Precis: The Russian Ministry of Health has introduced a draft bill that clarifies the application process for marketing authorisations for a drug. There is concern that the new accessibility could lead to infringement when authorisation is sought for generic drugs. However, a proposed unified registry could prevent this. In October 2018 the Russian […]

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Norton Rose

Norton Rose Fulbright responds to fintech boom with practice launch

Norton Rose Fulbright has formed a global payments practice in an effort to extend its consulting efforts to the challenges clients face when launching new digital financial services. The practice, which is mainly overseen by partner and global head of financial services Jonathan Herbst and fintech partner Victoria Birch, involves a 50-strong team including fee-earners from […]

Small firms lead the magic circle for website performance

Small firms are outstripping their larger rivals when it comes to online presence, a new analysis of the state of law firms’ websites has revealed. Digital marketing business Legmark looked at the website of every firm in The Lawyer UK 200 and analysed 11 key ranking and user experience factors to rate the effectiveness of […]

Clydes client Grant Thornton granted extra time to pay in £22m damages claim

Clyde & Co client Grant Thornton has been granted an extension to pay nearly £22m in damages to fire and emergency services provider AssestCo, which brought a negligence claim against its former auditor. The AIM-listed company was awarded the sum against Grant Thornton, which put in an application to stay. This application was rejected by […]

Aldgate

Real estate chiefs warn of lawyer job losses in tech race

Last week, in an extract from The Lawyer’s upcoming Global Real Estate 50 report, we highlighted the extent to which proptech is becoming increasingly influential in the strategies of the world’s largest property practices. Notably this year’s report includes numerous examples of how firms are using tech to streamline their delivery of real estate services. DLA […]

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