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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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DOCTOR SPIN

Two established and respected institutions have announced that they are set to reinvigorate themselves. Time magazine is planning a repositioning while the Rugby Football Union (RFU) has launched an eight-year plan to remould the game’s image and make it more accessible. Through a series of e-commerce initiatives, a television production and travel company and opening […]

Bird & Bird HK lands new senior partner

BIRD & Bird’s Hong Kong office has recruited a senior partner from leading domestic practice Victor Chu & Co. Head of corporate David Richardson is joining the specialist IT firm as a partner, and will focus on developing its corporate capability in Asia. He is dual-qualified in UK and Hong Kong law. Richardson has been […]

Cowen ditches retirement for Read Hind Stewart post

Addleshaw Booth & Co’s former senior partner has come out of retirement to join Leeds firm Read Hind Stewart. Maurice Cowen retired from Addleshaw Booth & Co two years ago. Following his departure, he spent a year working in business before retiring completely to the US. Cowen was regarded as one of the leading players […]

BHP billiton

A massive deal for Linklaters‘ long-term client Billiton, as it merges through a dual-listed companies structure. Shareholders in each company will not be required to exchange or tender their existing shares, and each share in BHP and Billiton will have the equivalent effective economic and voting interest in the combined group. The Linklaters team included […]

Capital One UK's new legal chief prepares for overhaul

Capital One UK is to double its in-house team within the next 12 months, according to its new head of legal, former Freshfields Bruckhaus Deringer partner Nick Carter. Carter has joined the US-based bank as international chief legal counsel. He is responsible for all legal functions outside the US, including the UK, Europe and South […]

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