ANZ boosts global panel to 32 firms

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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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Bakers London breaks £100m as profits jump 10 per cent

Baker & McKenzie has released provisional figures for its London office for 2005-06. They show a 9 per cent increase in revenues and a slightly higher 10.5 per cent rise in average profit per partner. Both increases are considerably below the market averages for the UK, which were reported by The Lawyer as a 13 […]

Goldman Sachs GC scoops London Olympics job

The international general counsel of Goldman Sachs Terry Miller is joining the London 2012 Organising Committe for the Olympic Games as its new general counsel. Miller, who is in charge of Goldman’s legal team for Europe and Asia, will take up her role in October. She takes over from Charlie Wijeratna, who becomes director of […]

Sidley pursues City insurance practice

Sidley Austin has redoubled its efforts to push into the London insurance market by bringing over two senior lawyers from its US practice following the hire of a DLA Piper Rudnick Gray Cary team for its insurance launch. James Stinson, co-chair of the firm’s insurance and financial services group, joined the London office in May […]

Hammonds usurps DLA Piper for Tesco adviser role

Hammonds has ousted DLA Piper Rudnick Gray Cary from its role as supermarket giant Tesco’s main employment law adviser. The firm’s Leeds employment head Mark Shrives led a national team bidding for the work against DLA Piper and a number of other firms. As first reported on www.thelawyer.com (12 July), Shrives described the appointment as […]

Is Woolf at your door?

The Law Society’s new president Fiona Woolf vowed last week to put the interests of City firms “high up the agenda” during her time in office. The former CMS Cameron McKenna partner plans to visit every firm in the top 100 with a view to boosting the society’s profile in the City. “My plan is […]

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