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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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Lawyers back Labour Party

LAWYERS are standing four-square behind Labour in the run up to this week’s General Election, according to an opinion poll commissioned by The Lawyer. The random telephone poll of 100 solicitors in England and Wales, which shows the Labour Party enjoying a commanding 23 per cent lead over the Tories, puts Labour on 55 per […]

Peter Herbert on accusations of playing the race card.

Peter Herbert is a barrister at 14 Gray’s Inn Square, chair of the Society of Black Lawyers, former member of the Judicial Studies Board, and a part-time Immigration Adjudicator.A new offence was created by a member of the judiciary at Southwark this month when Judge Christopher Hardy accused a 21-year-old black nursery nurse of deciding […]

Ede Charlton brings in Herbert Smith's Bacon

Property specialist Professor Nigel Bacon has left the Hong Kong office of Herbert Smith to join Arthur Andersen’s fledgling Hong Kong firm, Ede Charlton & Co. Bacon has worked in Hong Kong for 15 years, training with Herbert Smith and then returning after a stint with DW Ling & Co to establish the firm’s property […]

Package offers small firms cut-price access to Internet

A NEW software tool could herald cheaper access to the Internet for small law firms. Midcore Software claimed that with its new MidPoint Internet access and modem-sharing package, which was launched in the UK this week, a number of firms could pool their resources to keep on top of changing technology. The product was launched […]

Ex-Castle Chambers clerk to take barristers out of chambers and into cut-price service

Exeter barristers’ clerk Jan Wood is pioneering a unique cut-price chambers-free service under which she will retain barristers, rather than being employed by them. Aiming to create a broad-based set, Wood will initially be looking to take on 10 barristers whom she will retain at her own discretion. Wood, who was senior clerk for four […]

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