Camerons hits profits target

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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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Next week's news

On Tuesday human rights group Justice publishes its report on the legal ramifications of the police’s growing use of covert investigative methods to tackle crime. It will recommend a single regulatory framework be set up to cover lawful interference with all forms of communications. This week the Home Office hopes to publish its long-awaited Asylum […]

Lawyers at play

Canary Wharf group legal counsel Michael Ashley-Brown can go from 0 to 60 in 3.2 seconds in his 1100cc Club Sport, which he races in his spare time. He is shown with Michael Madden (l) and Martin Wright, both partners at sponsor Ashurst Morris Crisp.

Taking the Mickey?

In the press release announcing EuroDisney as a venue for the Law Society’s Annual Conference 1999, Barbara Cahalane, director of communications, said: “It will enable the Law Society to organise a serious conference which will also be great fun.” This venue may have advantages but there are many disadvantages, Of the four “innovations” by the […]

Success fees set to soar

Lawyers can expect a massive hike in success fees as a result of government plans to include them in the costs paid by losing defendants, according to leading personal injury lawyer Martyn Day. Speaking at the first Institute of Barristers’ Clerks conference, held on 18 July, Day predicted the reform, which seems likely to be […]

Welsh bodies to justify grant handling

Roger Pearson reports on a High Court action by the Secretary of State for Wales over the handling of grant money.Local authority handling of European grant aid is to come under scrutiny in the High Court. Newport County Borough, the Welsh Development Agency and two companies are being sued by the Secretary of State for […]

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