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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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Grapevine

Good news for monoglots everywhere: yesterday the European Court of Justice (ECJ) ruled that a lawyer does not have to speak the language of the country they want to practise in. You can read more about this here, but right now we’re intrigued by the implications. Is this yet another reason for the Brits not […]

Milbank opens in Beijing after six-month wait

Milbank Tweed Hadley & McCloy has launched an office in Beijing to boost its Asian presence. Milbank announced its decision to launch an office in Beijing, first revealed by The Lawyer (January 30), after the closure of its 10-lawyer Silicon Valley office. Milbank chairman Mel Immergut explained that the firm had decided instead to channel […]

Help find a tome a home

Plenty of books cross Tulkinghorn’s scribes’ desks begging for review, most of them so dull that they’re piled up waiting for a suitable home. However, one such book has been saved from this fate. The title, Dodging Bullets, grabbed the attention. Okay, it’s subtitled Advice for Employers on Tricky Legal Situations, but any book that […]

Eversheds gets go-ahead for Qatar Financial Centre opening

Eversheds has become the first international law firm to be granted a licence to practise in Qatar’s new financial centre. The firm joins a small but increasing number of global organisations, including Barclays, Morgan Stanley and Standard Chartered, to be given the authorisation to operate in Qatar. Partner Chris Jobson will lead the new venture. […]

Clifford Chance waits on China green light

Clifford Chance waits on China green light” />Clifford Chance announced recently that it intends to team up with a Chinese law firm as soon as the Chinese government allows it. The firm’s Asia managing partner Jim Baird says: “[China] is a high-priority strategic focus of many of Clifford Chance’s global and major regional clients. Accordingly, […]

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