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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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Monckton head appointed Public Law Commissioner

The Department for Constitutional Affairs (DCA) has appointed Monckton Chambers’ joint head Kenneth Parker QC as the new Public Law Commissioner. Parker will leave Monckton to take up his new role full-time. His former joint-head of chambers Paul Lasok QC becomes sole head of chambers. Parker’s tenure will last for five years, starting from 1 […]

Two Field Court head defects to Landmark Chambers

Civil set Two Field Court has been plunged into confusion by the imminent departure of its head of chambers Ashley Underwood QC to Landmark Chambers. Public law specialist Underwood will move to Landmark in February 2006, leaving Two Field Court with 33 members, including just one silk, employment specialist Lucy Theis QC. Underwood said his […]

Eversheds ramps up fraud team with SFO hire

Eversheds has scored a major coup for its fraud team with the hire of Serious Fraud Office (SFO) deputy director Peter Kiernan as a partner. Kiernan, who joins Eversheds in January, will work alongside fraud head Gerallt Owen, a recruit from Orchard Solicitors in August 2004. The hire is designed to complement the firm’s existing […]

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