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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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The Equitable Life battle pitted two of the bar’s greatest rivals against each other – Tony Grabiner and Jonathan Sumption. But just before the case got to the House of Lords, Equitable Life switched from Grabiner to Elizabeth Gloster. Chris Brock reports. As most financial advisers will tell you, one of the most important things […]

Australia fails to dominate Asia Pacific M&A top ten

Only four Australian firms have made it into the top 10 of legal advisers acting on Asia Pacific M&A. The Allens Arthur Robinson Group has emerged as the leading firm, advising on deals worth $13.1bn (£8.8bn), according to the half-yearly data compiled by Thomson Financial Securities Data. The rankings are based on completed deals concerning […]

Morgan Lewis loses partner to e-company

Morgan Lewis & Bockius partner John Parker has left the business and finance department to join a new management team at new media and e-commerce company AirClic. Parker joins as executive vice president of business development and legal at the company. He says: “I was working with AirClic as its outside counsel. It is a […]

Eversheds names head of corporate

Eversheds partner Martin Issitt has been appointed head of corporate, taking over from David Gray who has become the managing partner for Leeds and Manchester. Issitt, who joined Eversheds as a corporate partner in 1994, will continue to be involved in a transactional role but will also be responsible for managing the corporate group’s 200 […]

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