Dirty laundry in public

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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

Commercial Bar directory proves an overseas bestseller

MANY of the 3,793 copies of the 1997 edition of The Commercial Bar Association Directory are being distributed abroad, underlining its international popularity. Around 850 copies of the 176-page booklet are destined for continental Europe, 200 for the Far East and 600 to other overseas destinations. Seventy-five copies of the directory have even been printed […]

Information meetings pilots set up for unhappy couples

SOLICITORS will be invited to help oversee five information meeting pilot projects which are being set up by the Government. Couples contemplating divorce will have to attend information meetings once the Family Law Act is implemented, probably in early 1999, although attendance at the pilots will be voluntary. The projects are being established in Birmingham […]

Manchester merger talks break down

Merger talks between Manchester commercial firms Cobbetts and Halliwell Landau have broken down following protracted negotiations. In public statements the firms said the decision not to go ahead with the merger, which would have created Manchester’s largest commercial law firm, was amicable. But although they played down the significance of the move, at one stage […]

Home Office tackles inquiries overlap

Coroners will no longer hold inquests into disaster cases which are subject to a public inquiry except in exceptional circumstances, under a proposal published by the Home Office last week. The proposal to end overlap between inquests and public inquiries, designed to shorten investigation times, is the key recommendation in a report prepared by a […]

In brief: Armed Forces gay ban to be challenged

A blanket ban on homosexuals in the Armed Forces is to be challenged in the European Court of Justice. Mr Justice Lightman decided last week to refer the case of Terry Perkins, sacked from the Royal Navy despite an exemplary career, to the European Court. Perkins was represented by Stephen Grosz of Bindman & Partners. […]

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