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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

UK support ‘leaking on EU boardroom quotas’, says Eversheds

It has been reported that Germany will introduce legislation requiring German companies to allot 30 per cent of their non-executive board seats to women from 2016 — companies unable to meet this requirement would be required to leave these seats vacant. Eversheds has commented on this blow to the UK government, which has counted on […]

chopsticks eats

Phoenix Palace

Because I have a prolapsed disc in my neck – I blame years of sitting in front of a PC – I find that I cannot use my right arm effectively. I certainly couldn’t cut up a steak. The horror. So to avoid having to eat like an infant, ie. having my food cut up […]

Avoiding pitfalls of open-source licence risks

By Caroline Atkins This article discusses how Australian government agencies can gain the commercial solutions they need in ICT procurement while avoiding the pitfalls of open-source licence risks. With government agencies trying to implement savings in innovative ICT procurement, the increased utilisation of open source, or indeed replacing proprietary software with open source, is a significant […]

Law Society

Law Society accused of rigging confidence vote

Campaigners for a change of Law Society leadership have lambasted the solicitors’ representation body for “trying to bury bad news” in its handling of a no confidence vote. The society announced via Twitter yesterday that the petition would be heard at a special general meeting on 17 December at its London headquarters in Chancery Lane.  […]

Reading between the lines: local authorities and libraries

Local authorities have a statutory duty to ‘provide a comprehensive and efficient library service for all persons desiring to make use thereof’, generally free of charge.  Budget cuts have made this duty increasingly difficult to fulfil, and so local authorities are increasingly using innovative methods of delivering library services, including transferring libraries to community ownership. […]

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