Barbados has introduced a significant new framework for the identification, verification and reporting of beneficial ownership information under the Beneficial Ownership Transparency and Register Act, 2026 (the “BOTR Act”). The BOTR Act came into operation on 1 September 2026 and establishes a central electronic Beneficial Ownership Register, together with enhanced obligations for Barbados companies, societies […]
CLOC is an organization and community with the mission to help enhance the function of legal operations, and is part of a growing movement that recognizes the importance of legal operations professionals within corporate legal departments. CounselLink® is proud to support and attend the CLOC Institute each year because we believe bringing better innovations to your legal department starts with sharing knowledge with your peers and understanding what happens in the industry.
When your job involves developing innovative technology, it’s easy to get so wrapped up in figuring out what you are going to do next, how you are going to do it and when you can deliver it, that you forget about why you are doing it in the first place. As a Product Manager working on InterAction® customer relationship management software, I’ve have had the opportunity to spend the last year actively listening to our clients and have learned some invaluable lessons along the way.
According to Altman Weil’s 2018 Chief Legal Officer Survey, corporate legal departments are spending more on internal expenditures than on outside counsel for the first time in the history of this survey, with 48% allocated to in-house spend, 45% to outside counsel, and 6% to other non-law firm vendors.
According to Altman Weil’s 2018 Chief Legal Officer Survey, corporate legal departments are spending more on internal expenditures than on outside. I’ve have had the opportunity to spend the last year actively listening to our clients and have learned some invaluable lessons along the way.
On May 7, 2021, the Ministry of International Business and Industry issued a reminder that ALL Grandfathered international business companies (“IBCs”)_ and international societies with restricted liability (“SRLs”) will cease to be grandfathered after June 30, 2021 and the benefits attaching to such status will no longer be available. Consequently, applications for a Foreign Currency […]
Are your corporate records kept at the registered office address of the company or its corporate services provider? When there is a change in the corporate structure of the company, do you file the requisite documents at the Corporate Affairs and Intellectual Property Office (CAIPO)? Is your company up to date with filing its annual […]
The coronavirus (COVID-19) global pandemic may yet prove to be the most effective catalyst for digitization and diversification of the economies in the Caribbean. At present, economic considerations are at the periphery of the COVID-19 discourse in Barbados – but this discussion must move to the centre. Lockdowns are our new normal. In order to […]
The Medicinal Cannabis Industry has experienced significant growth globally propelled by a number of factors including legislative enactments to facilitate the decriminalisation of consumption and create frameworks for industries leveraging cannabis plant derivatives for therapeutic purposes. This confluence of scientific, social and economic interests has catalysed the enactment of these laws in Barbados. As a […]
According to Altman Weil’s 2018 Chief Legal Officer Survey, corporate legal departments are spending more on internal expenditures than on outside counsel for the first time in the history of this survey, with 48% allocated to in-house spend, 45% to outside counsel, and 6% to other non-law firm vendors.