Aegon bolsters legal team with new GC role

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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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DLA Piper loses China specialist to Katten

US firm Katten Muchin Rosenman has hired a DLA Piper corporate partner in Chicago to lead its China practice. Feng Xue joined Katten this week after two years at DLA Piper. He has previously worked with several other well-known firms in Shanghai, Beijing and Chicago including Altheimer & Gray and Bell Boyd and Lloyd, where […]

Cracks show as crunch hits firms’ half-year figures

Camerons and Lovells eye double-digit growth as fee income stagnates across City. Law firms across the market are experiencing mixed financial fortunes at the half-year stage, with CMS Cameron McKenna and Lovells standing out as the only two firms predicting double-digit growth. With the half-year coming to a close on Friday (31 October), firms have […]

Camerons rehouses insurance group

CMS Cameron McKenna is set to relaunch its insurance practice as a dispute resolution group with a focus on litigation arising from the credit crunch. If the move is rubber-stamped by the board this Wednesday (5 November), it will be a major departure for the firm, which was created when insurance specialist Cameron Markby Hewitt […]

Cobbetts, Halliwells go in search of further cuts

North West firms Cobbetts and Halliwells have launched further redundancy consultations as they seek to cut costs in the face of a looming recession. Cobbetts is reviewing 28 support staff jobs, taking the potential number of redundancies at the North West firm since the start of the economic downturn to 69. Some 20 secretaries are […]

Norton Rose scoops HSBC-Ekonomi brief

Norton Rose has won an instruction from HSBC on the purchase of Indonesian lender Bank Ekonomi for $608m (£392.59m). The firm has emerged as HSBC’s preferred corporate adviser in Asia, having also worked on its failed bid for the Korean Exchange Bank last month. Lovells advised the sellers, wealthy Indonesian private investor the Wings Group, […]

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