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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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Reportage

Although there is no single central register, best estimates suggest that there are almost 20,000 lawyers practising in Brussels. Of those, perhaps 700-1,000 are UK-qualified. The vast majority are there to advise on European law. As there is no statutory monopoly on the provision of legal advice, they are able to reside in Belgium and […]

Mourant expands trust outfit

The trust company linked to Jersey law firm Mourant du Feu & Jeune is boosting its share plan administration business with a major acquisition in Croydon. Mourant & Co is taking over the share plan administration business of William M Mercer in the UK, and will become one of the biggest such businesses in Britain. […]

Ford Credit links up with Lovells for Prince's Trust pro bono work

Ford Credit is setting up a pro bono initiative with the Prince’s Trust, becoming, it is believed, only the third in-house legal department to provide free legal advice. The five-strong legal team is working with Lovells, particularly Yasmin Waljee, a full-time pro bono coordinator at the firm, to provide general advice to young people who […]

Picture perfect?

Tulkinghorn would, of course, be the first to tell anyone that The Lawyer publication is of the very highest class and a world away from other tawdry rags that he cannot even bring himself to even mention. Thus he completely understands the eagerness of the legal world to appear on its pages. But even Tulkinghorn, […]

Technology, Media and Telecommunications

Interactive entertainment software company Warthog is admitted to AIM with a capitalisation of £18m and proceeds of £5m. Warthog advised by Halliwell Landau (Nigel Brown). Anite Group acquires Calculus Solutions, a provider of customer care and billing software solutions to telecoms companies, for a maximum of £50m, dependant on Calculus meeting profit targets. Anite advised […]

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