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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

Time at the bar

Gemma Charles meets Harry Mount, who has turned his horrific experiences at the bar into comic writing Wretchedness, it seems, is the defining characteristic of Harry Mount’s experience of pupillage. During our lunch, references to his time at the bar are rarely made without the word “misery” popping up. But despite his awful time, Mount’s […]

Freshfields off Green bid as injunction is upheld

Marks & Spencer’s injunction against Freshfields Bruckhaus Deringer has been upheld, after the firm was refused leave to appeal. In an astonishing move, the two judges, Lord Justice Pill and Lord Justice Kay, both agreed that the firm, acting for Philip Green on a bid for the retailer, could not appeal the injunction that was […]

Hackney Law Centre ditches CC from pro bono partner list

Clifford Chance has been snubbed by a community law centre to which it offers free legal advice. Hackney Community Law Centre has dumped the firm from its panel of pro bono partners and is seeking a replacement. It is understood that the law centre has approached the Solicitors Pro Bono Group with a view to […]

Secret service

The mysterious world of the switchboard people just got stranger. Tulkinghorn recently rang Clyde & Co, as he is wont to do, to request the name and details of the firm’s PR person. The friendly switchboard lady met the innocuous request with the ever-annoying, and surely un-client friendly, “Oh, I’m afraid I can’t give out […]

Investing in the future

Lifestyle investing is increasingly important for solicitors and barristers alike. By Guy Davies The arguments for investing in the financial markets, rather than keeping your assets in the bank, are well rehearsed. Over the long term, equities and bonds will generate higher returns than cash. Whether it is to achieve a specific objective, or simply […]

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