The three degrees

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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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Sidley, Skadden, Jones Day top Fortune 1,000

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Discretionary onus

Employers must be aware of the extent of their duty to adjust for disabled employees or risk falling foul of the Disability Discrimination Act. By Jane Mann and Charis Martyn In the UK, 11 million people aged 16 or over are disabled, as defined under the Disability Discrimination Act 1995 (DDA). Only 44 per cent […]

SABMiller appoints Lovells veteran as new GC

Lovells has been rocked by the departure of veteran corporate partner John Davidson to key client SABMiller. Davidson, Lovells’ relationship partner for SABMiller, joins the brewery group as company secretary and general counsel. He replaces current company secretary Andrew Tonkinson upon his planned retirement in August. Davidson’s departure from Lovells was announced internally today (26 […]

Gide launches in Hong Kong

Gide Loyrette Nouel is launching an office in Hong Kong in an effort to build on its extensive Asian capability. The French firm has recently been granted a licence to operate in Hong Kong and will open its office in June. Beijing-based partner Stéphane Vernay will be responsible for running the new office, assisted by […]

Firms reveal German partner promotions

It Is that time of year again when hardworking and ambitious senior associates wait to see if they have impressed their bosses and can join the partnership. As has been well documented by The Lawyer, it can be hard enough making it into the partnership, but for the associates of the UK-headquartered firms there is […]

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