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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

Are you ready to break free from Sif?

As the abolition of Sif gets closer Trevor Moss asks whether the qualifying insurers provide a viable alternative. With more of a whimper than a fanfare, the list of qualifying insurers was listed on the Law Society website last week. From 1 September, the Solicitor’s Indemnity Fund (Sif) will cease to exist and solicitors’ professional […]

A VIEW FROM CAIRO

Mother of the World, as old as the Pyramids, Cairo is a thriving metropolis of 16 million people advancing resolutely into the modern commercial era. However, as the Egyptian economy was brought under centralised control in the 1950s and 1960s, the activities of the private sector were restricted and foreign investment declined. This situation began […]

Rozenberg

Perhaps I was a little harsh on the Lockerbie prosecutor Colin Boyd QC two weeks ago when I referred to him as “the hapless Lord Advocate”. But the adjective is proving remarkably apt. Boyd had made it clear he was not ready to go ahead with the trial of the two Libyans accused of blowing […]

A&O steals BT contract for e-commerce float

British Telecommunications (BT) is instructing Allen & Overy for the first time to work on its radical corporate restructuring. BT has long-standing relationships with Freshfields and Linklaters, but it selected A&O in a beauty parade for work on the flotation of its international directories and e-commerce business Yell. BT is planning to complete the flotation […]

Case of the week

David Calvert-Smith. The Director of Public Prosecutions has been told to think again about his decision not to bring manslaughter charges in the case of a death in custody. The Lord Chief Justice, Lord Bingham (right) has ordered the DPP to reconsider bringing prosecutions against officers at Blankenhurst prison where Alton Manning was a prisoner […]

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