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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

St Philip's plc breaks new ground

Birmingham set St Philip’s Chambers’ move to create a public limited company takes it as close as practice rules allow to establishing a partnership. Some legal commentators believe that its creation could be a precursor to St Philip’s shedding some of its less profitable practice groups. They also speculate that the chambers would be keen […]

Arthur Cox appoints managing partner

Irish law firm Arthur Cox has promoted the head of its commercial department to managing partner in a move to become the top corporate practice in the Republic. Eugene McCague replaces commercial property partner Ian Scott as the head of the firm. Scott has served eight years and will continue to practise at Arthur Cox. […]

Digests

Fujitsu has lost its vice president of legal and commercial affairs after the company embarked on a European joint venture with Siemens AG. David Hyams left the company a month ago as Fujitsu Computers (Europe) was absorbed with the new entity Fujitsu Siemens Computers BV. Freshfields has boosted its Milan office by taking two partners […]

Linklaters Opens Three New European Offices

Linklaters & Alliance is opening three new European offices and has poached a Clifford Chance partner to head up one of the three new Central and Eastern Europe offices. Csaba Berecz moves from Clifford Chance’s Budapest office to become managing partner in Linklaters new Hungarian office which opens in Budapest early next year. Linklaters has […]

It's been a good week for

Rights. The Commission for Racial Equality, the Equal Opportunities Commission and the National Disability Council launched a pocket guide aimed at small businesses entitled Equal Opportunities is Your Business Too. It details the civil liberties and human rights legislation affecting companies. Former Conservative minister David Mellor, whose lover Penelope Cobham is reportedly seeking a £1m […]

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