CC boosts Dubai Islamic finance function

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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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CMS bags RBS role on Marriott acquisition

CMS Cameron McKenna and Slaughter and May landed roles on the £951.4m sale of part of the Marriott hotel portfolio. Royal Bank of Scotland has agreed to acquire 46 hotels from a joint venture between Whitbread and Marriott International. Under the terms of today’s deal, Marriott will continue to operate the hotels. Whitbread has also […]

The work-life quiz

What was your first-ever job? Operating an industrial floor-waxer for a firm of company cleaners. The job did not last very long because of the damage I caused to the office telephone equipment. What was your worst experience as a pupil? Being briefed to obtain an undefended divorce on the Isle of Wight – I […]

Misys appoints Eversheds partner to new banking job

Global software products and solutions group Misys has hired Eversheds IT partner Suzanne Mercer to head its legal division for banking. Mercer joined the in-house legal team as banking general counsel at the beginning of the month. Her role is a new position created by the company in response to its growing customer base in […]

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Sanjay Lobo: Lastminute.com

Come on, admit it. You have had a sneaky look for holidays on lastminute.com, dreaming of sandy beaches, instead of proofreading those contract terms and conditions. Imagine then, being Sanjay Lobo. On the fast-track to the top of the technology, media and telecoms (TMT) world, the 30-year-old is legal director of one of the hottest […]

Wanted: new legal chief for Olympics

The London Organising Committee for the Olympic Games (Locog) has set its requirements for the new role of general counsel, and it is looking for one of the most senior people in the legal market. The general counsel will take over from commercial and legal director Charlie Wijeratna, who will become commercial director. Wijeratna told […]

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