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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 […]

Recommended

Flood of cases for review commission

The newly launched Criminal Cases Review Commission had received 53 applications to review suspected miscarriages of justice, days before it officially opened last week. The commission, a non-departmental body established to investigate suspected miscarriages of criminal justice, already has to review 180 cases which have transferred from the Home Office. A spokesman for the commission […]

The Lawyer Inquiry: Costas Andrea

Costas Andrea was born in London in 1962. He is now principal of Andrea & Co. What was your first job? Shelf-stacker at Sainsburys. What was your first ever salary as a lawyer? £6,000. What would you have done if you hadn’t become a lawyer? Pathologist. Which law could you live without? All laws around […]

Law Soc seeks OFT fees probe

The Law Society is to ask the Office of Fair Trading (OFT) to consider if the three law firms involved in Hambro Countrywide’s in-house conveyancing service are acting in an anti-competitive manner by jointly offering a flat fee of £350. The society said it was not reporting Eversheds, Shoosmith & Harrison and Middlesex firm EDC […]

Litigation Disciplinary Tribunals 08/04/97

William Henry Edwards, admitted 1962, struck off July 1987, refused restoration to the role and ordered to pay £556 costs. Edwards struck off after allegations substantiated that he failed to submit accountants reports pursuant to rules, wrongly drew client money, failed to maintain account books correctly, used client money for personal purposes, drew client money […]

Allens Arthur Robinson shuts down London office as it focuses attention on Australasia

Australian firm Allens Arthur Robinson is closing down its London office at the same time as announcing a link-up with a Thailand law firm. The London office, which is a joint venture between Australian practice Allen Allen Hemsley and Arthur Robinson Heddwicke, closed its doors to new clients from 1 July but the office will […]

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