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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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Meditation's what you need

Jones Day – what image does that name conjure up? Tulkinghorn would have said hard-edged, thrusting dealmaker types, but now he is not so sure.It seems the smell of patchouli oil wafts around the offices and partners spend their spare moments weaving friendship bracelets for one another. Chairs are out and beanbags are in, with […]

Kramer set to fight Kenyan corruption

Stephen Kramer QC, head of specialist crime set 1 Hare Court, has been appointed as legal adviser to the Risk Advisory Group in its campaign for the Kenyan government against corruption

Risk and the public sector

It is unsurprising that risk management is attaining as high a priority in publicly funded undertakings as it is in the private sector The services provided by the public sector – healthcare, education and regulatory approvals – require the need to ration resources in a highly charged and political environment.Public authorities have tended to reduce […]

Opinion

At the risk of appearing alar-mist, the Data Protection Act 1998 (DPA) impacts on every type of business and a failure to appreciate its import may lead to criminal convictions. The act came into force on 1 March 2000 and replaced the Data Protection Act 1984, the Access to Personal Files Act 1987 and some […]

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