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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

Fresh Resolve

Finding the right dispute resolution method isn’t always easy. Elizabeth Barrett reports on two cases that have brought a degree of flexibility to the options on offer While not all commercial agreements result in disputes, there will always be some disputes that do arise. How disputes are to be resolved is, therefore, an important element […]

Law Soc under fire over LPC plan

Top law schools have lashed out at moves by the Law Society to more than triple the number of skills assessments on the LPC. The Law Society has proposed increasing the number of compulsory skills assessments from the current six to 20 in order to remedy the problem of students entering firms with poor writing […]

Hunt slams government interference in Legal Services Board

The committee scrutinising the draft Legal Services Bill today (25 July) warned that the current proposals will harm the independence of the legal profession. The joint committee, led by Beachcroft former senior partner Lord Hunt of Wirral, said in its report published today that many of the Bill’s proposals will potentially harm the reputation of […]

Bond Pearce introduces merit-based remuneration

Bond Pearce is overhauling its lockstep in a drive to increase its competitive edge by adding a merit-based element, as the firm reports a 15 per cent drop in profit per equity partner (PEP). The new remuneration system will take effect from April 2007 for the 2007-08 financial year and replaces the firm’s more traditional […]

Get a grip on the law

Is this the latest marketing attempt by law firms to hook youngsters into a future career? Nintendo, that great companion to Tulkinghorn’s childhood, is about to release a new law-based game for its handheld split-screen DS console. Phoenix Wright: Ace Attorney puts you in the shoes of a rookie defence lawyer trying to make his […]

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