Camerons claims major signing in Singapore…

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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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Mediations double as reforms bite

NEW FIGURES released by the Centre for Dispute Resolution (CEDR) show that the number of mediations it has dealt with has doubled since Lord Woolf’s reforms. Between April and June this year, the organisation dealt with 80 mediations, a 100 per cent increase on the same period last year. The number of lawyers training in […]

Trainee barrister in High Court pay fight

A High Court action has been launched to establish whether the national minimum wage applies to trainee barristers during their pupillage. Judges have been asked to clarify whether Rebecca Edmonds, a pupil at 23 Essex Street whose first six months of pupillage was unpaid, is entitled to the minimum wage. In 1997-1998 nearly 200 pupillages […]

Will risk reforms need lawyers' help?

Charles Mayo, partner, Simmons & Simmons Richard Barham, partner, Wilde Sapte Nick Davies, head of c & c, Orchard UK-listed businesses must prepare for new proposals by the Turnbull Committee which threaten to turn their methods of reporting internal controls upside down. Companies must take a risk-based management approach to all threats to the company […]

BCCI ruling sets back stigma claims

The rights of workers to claim compensation for alleged stigma suffered as a result of misdemeanours by their bosses have been clarified in a High Court ruling. The decision is bad news for some 400 former BCCI staff who had sought damages on the basis that stigma over the actions of BCCI had rubbed off […]

European Court set to overload

Recourse to the European Court of Justice (ECJ) is increasing dramatically, the European Commission has confirmed. Complaints by citizens rose 18 per cent to 1,128 in 1998 and cases brought by commission departments soared by more than half from 261 to 396 says the commission’s annual report. And the pace has picked up even more […]

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