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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

Q: When is a partner not really a partner?

The increasing trend of the “local partner’ is shrouded in secrecy, creating scepticism among the profession and its clients, writes Linda Tsang Once again, the proud announcements from City firms gush forth. Several firms are making up more partners and more partners overseas than ever before. But for some firms, foreign partner appointments are not […]

New Hungary guide

Cameron McKenna has published what is believed to be the first guide to the new corporate legislation in Hungary, which will come into force this summer. Its Hungarian Update details the changes which are aimed at protecting creditors and minimising uncertainty in the existing company law. Stephen Forster, senior partner at Cameron McKenna’s Budapest office, […]

Where next for mobile equipment?

The need for truly international regulations for the rights of owners of high-value movable assets such as aircraft, when that asset is located in a country other than one in which its ownership was established, has never been greater. The aviation industry alone has estimated the likely acquisition cost of aircraft and aircraft engines over […]

Bevan Ashford's PFI partners jump ship to Bristol's Masons

Bevan Ashford’s two PFI partners are leaving to join Bristol rival Masons and the battle is on for the hearts and minds of the rest of their team. Leading projects player in the area and head of PFI Iain Fairbairn, together with partner Cathryn Vickers are working their notice from the firm. Two weeks ago, […]

Cedel's new counsel

Luxembourg-based bond clearing house Cedel has appointed Wim Hautekiet as general counsel, with a boardroom seat on the major subsidiaries. Hautekiet was assistant general counsel at JP Morgan Securities for six years. Before that that he worked at the Brussels office of Belgian firm De Bandt van Hecke & Lagae.

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