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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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Jonathan Goldstein

With the launch of LongAcre, Olswang’s corporate finance house, chief executive Jonathan Goldstein has been thrust into the public eye. Fiona Callister talks to a man with no doubts.

Personnel services

As more and more lawyers move firms, personnel departments are employing the services of independent careers consultants in a last-ditch attempt to retain staff. Alison Clarke reports There was a time when it was virtually unknown for lawyers to leave the firm where they trained and even more unusual for them to leave the profession […]

Confiscating money does not pay

Ian Smith says greater powers to confiscate the proceeds of crime could go too far. Is an anti-Al Capone regime the best way to make sure that crime does not pay? When the Government announced its plans to confiscate the assets of suspected criminals, whether or not they have been convicted, it made current draconian […]

Richards Butler

Richards Butler acted for the Commercial Bank of Qatar on arranging a £120m loan agreement to finance future public and private sector initiatives. The facility was arranged with a number of international, regional and local banks. Richards Butler banking partner Hugh Thompson acted on the deal from the firm’s associate office in Qatar. Clifford Chance‘s […]

Scuffle of the week

The Government v The Guardian and The Observer. The newspapers’ lawyers accused the Government of using oppressive tactics to prevent them reporting allegations of abuse of power by MI6. The papers are challenging a March ruling by Judge Martin Stephens which ordered them to give police any emails or notes they may have relating to […]

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