Bar Council set to probe Pollock’s BCCI conduct

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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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Olswang breaks through £500K profit benchmark

Olswang breaks through £500K profit benchmark” />Olswang has crashed through the £500,000 barrier for average profit per equity partner (PEP) for the first time since 2000. The firm’s turnover, which six years ago stood at £35m, has mushroomed to £77m, a growth of 22.5 per cent in the last financial year. Average PEP provisionally stands […]

No grace from gnome

Tulkinghorn did the honourable thing and accompanied his jittery scribes through the looming arches of the Royal Courts of Justice to Court 61 after they found themselves in a spot of bother recently. The court is located on the tenth floor of the Thomas More building at the back of the court complex. After a […]

What’s all the fuzz about?

Staying with guitars, it was over to Lovells on Wednesday (10 May) for its annual press shindig. The firm may not be firing on all cylinders at the moment – the long-awaited private equity star replacement for Marco Compagnoni has yet to surface for a start – but at least it can point to its […]

Kennedys launches in Sydney and Dubai

Kennedys has raided Australian firm Minter Ellison for an insurance team as it launches new offices in both Sydney and Dubai. A team of four partners and nearly 20 associates will shortly join Kennedys from Minter Ellison in Sydney. Meanwhile, the firm has obtained a licence to practise in Dubai, opening its office there last […]

DWS adds Mauritian firm to Africa alliance

Denton Wilde Sapte (DWS) has added a law firm in Mauritius to its Africa alliance as it looks to capitalise on the jurisdiction’s burgeoning reputation as an offshore destination for African companies. Mauritian firm BLC Chambers is DWS’s latest ally in the region, but it is looking to expand further. Head of the Africa group […]

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