Competition

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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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Ledinghams scores Bahrain ministry work

The government of Bahrain has chosen Scottish firm Ledingham Chalmers to advise it on oil and gas-related matters. Ledingham Chalmers consultant Paul McGoldrick said: “Ledingham Chalmers is the only UK firm that has the privileged role of specifically advising the Bahrain ministry of oil and gas.”The firm is advising the Bahrain government out of its […]

Deals summary

Maples Teesdale (Chris Wilkinson, Declan Power) advised Royal & Sun-Alliance on the forward funding of a £50m retail park in Tunbridge Wells, Kent, to be jointly developed by Castlemore Securities and Dixons Stores Group. Castlemore advised by Wragge & Co (Marcus Blick). Dixons advised by SJ Berwin (Martin Wright). Berwin Leighton Paisner (Joanne Goddard) advised […]

Trade act review causes concern

The Australian government's planned review of the Trade Practices Act could disappoint big business pundits by awarding even more power to Australian Competition and Consumer Commission (ACCC) chairman Alan Fels.

Hammonds and DLA target Asia market with new offices

Hammonds chooses Hong Kong for its first non-European office; DLA applies for licence to open in China Two UK national firms are expanding in Asia. Hammond Suddards Edge is opening an office in Hong Kong, while DLA is planning to open in China.DLA, which has UK offices in London, Leeds, Manchester, Sheffield and Birmimgham, has […]

Richards Butler wins anti-piracy court victory

Richards Butler has won the UK’s largest anti-piracy case, involving a fraudster who had been sought since the late 1980s.The British Phonographic Industry, the body that represents the music industry, instructed the firm’s specialist anti-piracy unit headed by Mike Northern. The scale of the case meant that local trading standards and police in Essex did […]

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