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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

Jacqueline Hill: Tate

When the tate created an in-house lawyer function it became a trailblazer among arts organisations. Joanne Harris talks to the sole lawyer Jacqueline Hill about her broad remit. In 2005 nearly 6.5 million people walked through the doors of Tate’s four galleries – Tate Modern, Tate Britain, Tate Liverpool and Tate St Ives. The Tate […]

CC revenues set to top £1bn

Clifford Chance’s revenues are set to break through the £1bn barrier this year in preliminary figures released by the firm. The figure would be a rise of at least nine per cent on last year’s fee income of £914m. Meanwhile, partners at the top of the lockstep are expected to earn at least £850,000, up […]

Pillsbury overhauls management team

Pillsbury Winthrop Shaw Pittman has overhauled its management team, electing real estate partner James Rishwain as chairman and installing a new board. Stephen Hutler, managing partner of Shaw Pittman before its merger with Pillsbury Winthrop, becomes executive vice chairman. Hutler and Rishwain will lead the firm, taking over from chair Mary Cranston and managing partner […]

Kirkpatrick in DC training plan

Kirkpatrick & Lockhart Nicholson Graham is sending its entire trainee intake to Washington DC in September for a series of joint training sessions with the firm’s first-year US associates. The trip, which will see all of the firm’s 10 trainees travel to the US, will be the second since the January 2005 merger of US […]

Pinsents merger sees 70 per cent PEP increase

Pinsent Masons has recorded an astronomical hike in profit per equity partner (PEP), rocketing up 70 per cent from £234,000 to £400,000 for 2005-06. Pinsent Masons has recorded an astronomical hike in profit per equity partner (PEP), rocketing up 70 per cent from £234,000 to £400,000 for 2005-06. Turnover has increased 15 per cent to £172m, marking […]

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