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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

A haven of prosperity

Firms in the Republic are mopping up huge amounts of work on the back of a booming economy and a major trend towards privatisation – so much so that there aren’t enough lawyers to meet the demand. Fenella Quinn reports. The overwhelming message still emerging from the Republic of Ireland is that business is booming, […]

Berrymans to form joint venture with Dubai firm

Leading insurance practice Berrymans Lace Mawer has finally agreed a joint venture deal with a Dubai firm. The firm is in the final stages of signing a formal alliance with niche United Arab Emirates practice James Berry & Associates Legal Consultants. The move strengthens Berrymans’ Dubai practice after a rocky 12 months. Last July, head […]

Top five UK firms smash profits per partner records

City lawyers have more chance of earning a million with UK firms than with US firms – despite the Americans’ much-vaunted recruitment drive. Only two City lawyers at US firms are understood to earn more than a million pounds – Andrew Wilkinson at Cadwalader Wickersham & Taft, and William Charnley at McDermott Will & Emery. […]

Don't fust the profession

The suggestion reported in The Times on 12 June that solicitors who have obtained higher courts advocacy certificates should be admitted as members of the Inns of Court should be strongly opposed. Any solicitor wishing to become a member of any of the four Inns has only to be called to the bar and surrender […]

Set for a fight

One Essex Court has long been revered as the country’s leading set of commercial chambers. Its tenants are among the most highly-rated and highly-paid barristers currently at the bar, but they are leaving at an alarming rate. Matheu Swallow investigates One Essex Court has for so long symbolised all that is progressive about the commercial […]

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