Ex-Andersen players form new tax alliance

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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

A&O loses energy partner

Allen & Overy (A&O) has been hit with another departure – the fourth partner exit to be revealed on the same day. Stuart Harray, a partner in A&O’s energy and utilities practice, has become the latest partner to quit the magic circle firm this week. Harray, who has been a partner at A&O since 1998 […]

LSC’s expert consultation shows depth of concern

A consultation by the Legal Services Commission (LSC) on the use of expert witnesses has garnered more than 150 responses, which is believed to be a record for the organisation. The consultation ended on 25 February and the LSC’s report was scheduled for 30 April. However, due to the number and length of responses, the […]

Dechert finds home comforts – at last

Dechert London concluded its protracted search for new premises after finalising a deal to take up new offices at Times Square. The Philadelphia-based firm has finally signed a lease to take on 55,000 sq ft at Times Square, 160 Queen Victoria Street with an option to take additional space. The new office will accommodate 280 […]

Addleshaws appoints new corporate head post-Lippell

The managing partner of Addleshaw Goddard’s corporate division Sean Lippell is standing down after five years at the helm Lippell, who is due to stand down on 1 May, will focus full time on his client partner roles for J Sainsbury, Barclays Private Equity, Hagemeyer and Grampian Country Food Group, with responsibility for driving the […]

A&O securitisation star quits for Shearman

Shearman & Sterling has hired Allen & Overy securitisation partner Julian Tucker, just two weeks after the news that its former securitisation head Marke Raines is leaving the US firm at the end of this month. Tucker joins Shearman as head of its structured finance practice, taking the reins from Clifford Atkins. Shearman & Sterling […]

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