Covingtons tie-up boosts City practice

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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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Square Mile

Warner Cranston has recently appointed Geoffrey Mead as its head of employment. Anne Mizzi chats to the man who is not daunted by the depleted team he now has to oversee. Hardly a day goes by without the announcement of yet another company reducing its legal panel. Beauty parades are commonplace and every week the […]

Too many loopholes spoil the rules

Marlene Winfield of the National Consumer Council gives her reaction to the Law Society’s new practice rule. Marlene Winfield is the National Consumer Council’s senior policy officer for legal services. On 3 September, the Law Society unveiled its new practice rule on client care. It was three years in the making. Launching it, the president […]

Customs & Excise loses disability case

The lawyer charged with stamping out disability prejudice in the Customs & Excise Solicitors’ Office has been found guilty of discriminating against a blind solicitor. David Pickup was found guilty of disability discrimination last week by Croydon Employment Tribunal after failing to promote blind lawyer Farooq Shah. The tribunal’s finding is particularly embarrassing as Pickup […]

Freshfields and Lovells drive Rolls Royce bid

Lovell White Durrant and Freshfields are thrashing out the details of Rolls Royce’s shock £576m bid for engineering group Vickers, after negotiations were completed in less than a week. Lovells is representing Vickers while Freshfields is acting for Rolls Royce. The deal will create one of the world’s largest aeronautical engine and gas turbine manufacturers. […]

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