Placement

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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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Digests

Linklaters has made up 28 new partners, including 12 in overseas offices. The corporate department gained 10 new partners and the firm says it will grow because of expansion in European M&A work. Stephenson Harwood has lost reinsurance partner James Crabtree who is leaving next month for Birmingham firm Pinsent Curtis. Meanwhile shipping partner Graham […]

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Recent events within the solicitors’ profession, such as the disputes over Ms Kamlesh Bahl and the president’s bid to change the Law Society’s constitution without first having a full-scale review, have concerned us greatly. To the general public these developments portray solicitors as misleading, factious, irresponsible and unfit to regulate their own affairs. Difficult and […]

Quote of the week

“You don’t get many blow jobs in pension law” – Libel lawyer David “SooperHooper” Hooper, referring to the Gillian Taylforth case.

Stuck in the middle

Most trainees live in an almost permanent state of terror, but at this time of year life can be particularly harrowing. Many have just started their final seat and have less than six months until qualification. After years of training and study, trainees across the land will soon find out whether they have a job […]

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