Proceeds of Crime Amendment Bill 2015 – An Update

About Andrew A. MartinAndrew A. Martin

Andrew Martin’s practice bridges the international corporate and dispute resolution fields and focuses on commercial litigation and arbitration, insolvency and corporate reconstruction.

Andrew A. Martin’s full profile on mjm.bm.

Since the publication of the draft 2015 Amendment Bill in late December, the Bill passed into legislation with no changes to the substantive provisions proposed in the Bill: however, in order to remove the confusion that might arise if the provisions requiring the registration of all registers of directors and officers to be filed with the Registrar of Companies, the effective date for the introduction of s 64A of the Companies Act will be 1 April 2016. All other provisions are effective immediately.

PrintEmailLinkedInTwitterFacebookShare