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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

Lawyers national pride day cancelled due to total lack of interest

THE LAW Society’s National Law Day, heralded as an opportunity to raise the profession’s profile and highlight the role of solicitors in the community, has been cancelled. A Law Society spokeswoman says there is too much going on in the profession at the moment to give the event the profile it deserves. However, sources say […]

Freshfields reveals plans to go Dutch

FRESHFIELDS is understood to be in takeover talks with a Dutch law firm about opening an office in Amsterdam, The Lawyer can reveal. Freshfields managing partner Ian Terry confirms the firm is planning a move. “We are, and have been, looking at the Dutch legal market for a long time, but we have yet to […]

Orange

Britain’s third largest mobile phone company has been a triumph for brand designers, and is one of the names that defines the corporate zeitgeist of the late 1990s. Launched in 1994 as a joint venture between British Aerospace and Hong Kong investment group Hutchison Whampoa, the company’s growth has been led by innovation and clever […]

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…and another is struck off for wife’s extreme typing fees

A solicitor who charged up to £133 an hour for typing done at home by his wife has been struck off. The hearing was told how his exorbitant fees reduced legacies charities received from estates he handled. However Carol Watkins, the wife of disgraced solicitor Kenneth Watkins of Weybridge, Surrey, defended the charges for her […]

1999: the fifth annual Lawyer awards

THE LEGAL equivalent of the Oscars, The Lawyer Awards continue to be the benchmark awards for the legal profession. Now in their fifth year, they are unique in being the only awards to highlight and recognise initiative and achievement across the whole legal profession, and in all areas of practice. Last year, 1,200 legal luminaries […]

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