A “supercode' too far?

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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 […]

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In brief: Latest wave of partnership promotions

Norton Rose will make up seven new partners in the areas of corporate finance, asset finance and project finance on 1 May. Five will go to its London office, the other two to its Paris office. Nicholson Graham & Jones has expanded its company, litigation and property departments by appointing five new partners on 8 […]

Bird & Bird keeps CCTA IT business

Bird & Bird has beaten off competition from five other firms to retain its £1m post as legal adviser to the Government’s Central Computer and Telecommunications Agency (CCTA). The firm has held the post since 1994 but earlier this year, as part of the agency’s competitive retendering exercise, five other practices were asked to make […]

What's in a name?

Having read The Lawyer for several months, I cannot understand why you call it “the newspaper for the legal profession”. It ought to be called “the newspaper for solicitors, particularly those with a chip on their shoulder when it comes to the Bar”. No so catchy I’ll grant you, but far more accurate. Paul Burton, […]

LAB contracting plans will restrict access to justice, say lawyers' groups

The Legal Aid Board’s (LAB) proposed contracting of civil legal aid work will reduce choice for clients and turn the family lawyer into an “endangered species”, according to solicitors’ pressure groups. The LAB’s consultation paper, published last week, proposes restricting family contracts to between 2,000 and 3,000 firms, not-for-profit contracts to between 200 and 300 […]

Drug-driving holds heavy risks

Roger Pearson looks at the implications of the most recent drug-driving ruling and the problems of ensuring that justice is carried out The risks faced by drink-drivers are well understood, but a recent High Court decision has revealed that drivers who smoke cannabis are running far greater and less known risks than those who drink. […]

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