EC frees shipping group from competition law

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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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Altheimer and BDO create sports group

US firm Altheimer & Gray is set to team up with accountancy firm BDO Stoy Hayward to launch a new sports practice group The two professional services firms are already close: BDO audits Altheimer’s books and Altheimer provides corporate advice to the accountancy firm. “It’s taking the concept of cooperation one step further. We’re not […]

Newspaper chiefs rally for changes to contempt laws

Interbrew lights fires of indignation as editors seek Section 10 overhaul. Naomi Rovnick reports Should national newspaper editors be allowed to use the organisations they run to mount their own PR campaigns against the judiciary? Last Tuesday, five editors from the four major broadsheets and Reuters held a conference, where they told an assembled group […]

Hewitsons hires Minter Ellison IP specialist

Cambridge-based Hewitson Becke + Shaw has hired intellectual property (IP) partner Mark Elmslie from Minter Ellison in Australia. Elmslie spent 12 years in London, including three years as a partner with Finers Stephens Innocent, before returning to his native Australia in 2000 to become special counsel to the IP group of Minter Ellison. “Clients are […]

Freshfields drafts new Bahrain legislation after CC conflicted out

Freshfields Bruckhaus Deringer has been appointed by the Bahrain Monetary Agency (BMA) to draw up new legislation after Clifford Chance was conflicted out because it is drawing up regulations governing the new Dubai International Financial Centre. The appointment came from Freshfields’ relationship with the Bahrain government. The firm will assist in drafting an expanded supervisory […]

EU pressured to remove barriers to foreign practitioners

The EU is considering a range of requests from foreign governments to liberalise the access to its legal professions under commitments it will make in a future World Trade Organization (WTO) deal, following the ongoing so-called Doha Development Round. WTO member countries have asked the EU to negotiate away restrictions on foreign legal specialists providing […]

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