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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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intelek

While Intelek might be a relatively new client for DLA, corporate partner Chris Rawstron knows the aerospace electronics group of old, since he acted for it for years in his previous role as a pre-merger Edge Ellison lawyer. While the purchase of Paradise Datacom was based in the UK, a stake in a US subsidiary […]

Norton Rose rejigs Paris and Greece heads

Norton Rose is reshuffling its European management team following the sudden death of the head of its Paris office in December. Alain Sanchez, who died on New Year’s Eve, will be replaced by Tim Howard, the manager of the firm’s associated offices in Greece. The Greek office had to be rebranded Law Office Howard in […]

Singapore zing

Lee Suet Fern is everything you would expect from a member of the upper echelons of society. Immaculately dressed, attractive and petite with mountains of enthusiasm, first impressions are of an aristocrat rather than one who clinches multimillion pound deals. Her well-connected family background does not dispel the image either: her father was a respected […]

JOINT VENTURE LICENCES

UK firms: Allen & Overy and Shook Lin Bok Freshfields Bruckhaus Deringer and Drew & Napier Linklaters & Alliance and Allen & Gledhill Lovells and Lee & Lee US firms: Baker & McKenzie and Wong & Leow Orrick Herrington & Sutcliffe and Helen Yeo & Partners Shearman & Sterling and Stamford (licence yet to be […]

UBE in-house lawyer leaves to join Carlton

United Broadcasting & Entertainment’s (UBE) general counsel is quitting to join Carlton. Stephen Rudoff, who is also head of legal, business affairs and compliance, joined UBE six years ago from London Weekend Television, but will move to Carlton to focus solely on compliance. Unlike UBE, Carlton does not have a centralised in-house department. The function […]

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