Asim offers funds growth in its defence

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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

MPs slam CPS over £11m waste

THE CROWN Prosecution Service (CPS) has abandoned its flagship computer system after spending £10.6m of taxpayers’ money on it – to the fury of MPs on the powerful Public Accounts Committee (PAC). The embarrassing admission that the Scope case management system has been axed was made by the Director of Public Prosecutions, Dame Barbara Mills […]

Oldham Council gains fresh powers to evict bad tenants

A NEW tenancy agreement for all of Oldham City Council’s 20,600 tenants comes into force this week. The agreement, which is designed to give the council greater powers to evict tenants and promote neighbourly behaviour, took housing solicitor Naseem Malik 16 months to prepare. The 29-page document delineates unacceptable conduct and outlines what punishment will […]

In brief: Founder of the Legal Action Group dies

Founder of the Legal Action Group (LAG) and political activist Richard White committed suicide last month. He qualified as a solicitor with City firm Freshfields and was a member of LAG’s original management committee in 1972. In 1974 he was recruited to advise the then Lord Chancellor to produce a major report on legal services. […]

Big insurers lukewarm about 'after the event'

Despite Lord Irvine’s drive to launch conditional fee insurance, the major insurers have yet to be convinced, argues Robert Lindsay AFTER his department’s meeting with insurers last Friday, Lord Irvine’s public message will be predictable. He will boast that more insurers are ready to launch conditional fee insurance to fit in with his plans. Exit […]

In brief: Addison secures harassment conviction

Former Crown Prosecution Service (CPS) prosecutor Neil Addison has secured the first convictions of campaigners or demonstrators under the Harassment Act since it came into force last year. Two animal rights protestors have been banned from going within half a mile of a Nothumberland mink farm. Addison, an expert on the Act, had prosecuted the […]

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