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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

Criminal lawyers walk out again in protest against legal aid cuts

For the second time this year, criminal courts across England and Wales emptied today as criminal barristers stage a full-day walkout in protest against the Government’s insistence on cuts to legal aid. The decision to down files follows a half-day walkout in January. Since then, anger against the Government and Justice Secretary Chris Grayling MP […]

Collyer Bristow hires family law practitioner Sue Breen

London-based law firm Collyer Bristow has announced that it has recruited experienced family law practitioner Sue Breen from Hodge, Jones & Allen. Breen is a member of the association of lawyers for children and specialises in handling complex family cases including adoption, surrogacy, special guardianship, leave to remove and issues arising from same-sex relationships. She […]

Ashurst Brussels partner finds new roost at Bird & Bird

Brussels is often seen as the centre of Europe, home to the EU parliament and much of the EU bureaucratic structure and operations. Most international firms have a Brussels office of some sort, creating ample opportunity for recruitment. The latest firm to pick up a new Brussels partner is Bird & Bird, which has turned […]

The euro and currency unions

This paper reviews the role of the euro in the context of the formation and break-up of currency unions. Allen & Overy considers the impact not just in relation to sovereign states but also corporations and banks. The paper deals with various questions raised by market participants about what would happen if the euro broke […]

Hill Dickinson to pilot centralised billing

Hill Dickinson has become the latest firm to moot plans to create a new centralised billing system in order to reduce lock-up and increase efficiency. The defining feature of the new system is likely to be a move away from lawyer-led billing to a dedicated centralised billing team taking responsibility for generating bills. The firm […]

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