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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

Former Macfarlanes partner joins Maitland in SA

Maitland, the South African trusts advisory group that took on Linklaters partner Rupert Weber, has also hired former Macfarlanes partner Michael Hayes. Formerly a partner in the City firm’s highly rated private client department, Hayes will join as a part-time consultant next month. He retired from Macfarlanes in April, but while there often worked with […]

DLA’s international TMT tie-up goes where no team has gone before

A three-way global merger and a DWS team will give DLA a formidable TMT practice. By Steve Hoare “When this is put together, we’ll create the dominant global TMT practice.” Mimicking his managing partner’s bullish message to clients (“You’ll never be able to outgrow us,” said Nigel Knowles recently), DLA’s head of technology, media and […]

Opinion

The big casino players will be clamouring to invest once the Gambling Bill has been ironed out The Gambling Bill has exposed schisms in the Government. Its has also highlighted entrenched departmental characteristics. HM Treasury wants tax revenue; the Office of the Deputy Prime Minister (ODPM) wants urban renaissance; the Department for Culture, Media and […]

SJ Berwin to elect strategy committee for the first time

City firm democratises management as it grapples with issues of succession SJ Berwin to elect strategy committee for the first time” />SJ Berwin will hold a competitive partnership election for its strategy committee for the first time early next year in a bid to shake up the firm’s management structure. The inaugural vote, which is […]

Ex-Primus counsel takes up ADB legal role

Primus Telecommunications’ former European general counsel Ashraf Mohammed has resurfaced at the Asian Development Bank (ADB). Mohammed, who left Primus last December after being made redundant (The Lawyer, 15 December 2004) is joining ADB’s 25-strong legal function as a counsel. He will be starting his new role, based in the Philippines, on Wednesday 1 December. […]

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