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Latest Briefings

Policies for streamlining operations of PSCs

On 18 July 2018, the Cabinet Committee on Economic Affairs approved policy framework for streamlining operations of production sharing contracts (PSCs) for increased domestic production of hydrocarbon resources (Policy). By way of background, the Government of India had awarded 28 exploration blocks (13 offshore and 15 onshore) to private companies between 1980. This was prior […]

Amendments to IBBI Regulations, 2016 – CIRP Regulations

By Ashwin Bishnoi, Shruti Singh, Charu Chitwan The Insolvency and Bankruptcy Board of India (IBBI) notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018 (Amendment Regulations) on 4 July 2018 to amend the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) for the third time this year. Primarily, the […]

Why Offshore for Fintech?

Fintech is changing the way banking and financial services businesses are operating at an incredible pace. There are many challenges and opportunities that face financial institutions, business, investors and start-ups. As with much new technology, the speed of change frequently outstrips the legal and regulatory landscape and fresh approaches are often required to adapt. With […]

Cayman Islands investment funds – Changes to the AML Regime

A number of significant changes to the anti-money laundering regime applicable to Cayman Islands investment funds were introduced towards the end of 2017. The key changes are: • Unregulated investment funds will be subject to the Anti- Money Laundering Regulations, 2017 (as amended, the “AML Regulations”) from 31 May 2018 • The Cayman Islands Monetary […]

Recommended

Auditing the experts

Chris Mallon looks at past insolvency cases and suggests what not to look for when you are hiring an expert witness. Chris Mallon is head of insolvency at Biddle. Since 1981, and particularly during the last 10 years, we have seen the appearance of the expert witness in almost every type of case, not always […]

Salaries booming across profession

LAWYERS throughout the UK have upped their salaries by as much as 20 per cent over the past year and many in-house solicitors are now earning as much as lawyers in City firms, according to a new survey. The survey, which was conducted among about 200 law firms and 500 industry legal departments by recruitment […]

ANZ seeks more cash for $15m Islamic fund

ANZ Investment Bank has extended the offer period on its specialised Islamic fund until the end of December to attract more private investors. Launched in May, the Guernsey-registered First ANZ International Modaraba fund (FAIM) is a specialised investment vehicle complying with Sharia investment laws. The minimum lump sum investment in the fund for private players […]

Mayers leaves Brussels

US firm Mayer Brown & Platt is shutting down its Brussels office as of 1 December. Its resident partner Alan Hamburger has moved to the Brussels office of Morgan Lewis & Bockius while associate Stephen Brummel has gone to Weil Gotshal & Manges in the city. A third lawyer, Susan Launi, has been transferred to […]

In brief: Chance to question Hoon on education

Geoff Hoon, the Parliamentary Secretary at the Lord Chancellor’s department, is a guest at a Young Labour Lawyers conference on legal education at the College of Law in Store Street, London on Saturday 28 November. For more details ring 01306 886968.

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