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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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Mears supports pro-life prize

A STUDENT essay competition run by an anti-abortion lawyers group is to receive the Law Society president’s endorsement. Martin Mears has promised to give his public support to the annual competition run by the Association of Lawyers for the Defence of the Unborn. But he has pledged not to turn the highly controversial anti-abortion issue […]

Manchester firm turns on to £100,000 system

Manchester law firm Betesh Fox & Co has switched on its recently installed £100,000 computer system. The system, put in place by Solicitec Legal Systems, is a comprehensive case management system based on a database, diary system and volumes of precedent documents tailored for Betesh’s main personal injury and medical negligence departments. The system will […]

Financing

Ashurst Morris Crisp acted for Societe Generale Strauss Turnbull Securities

On-line labour law

Helen Sage reports An employment law CD-ROM, combining statutes, court judgments and expert commentary is the latest legal database to be launched by Tolley Publishing and Income Data Services. Employment Law Link comprises 2,700 case reports with commentary and the full text of UK and EC employment law legislation, regulations and codes of practice. The […]

Secretaries' association takes on a new name

Cyril Dixon reports THE PROFESSIONAL body which represents secretaries of district and unitary councils has changed its name to reflect the legal discipline of many of its members. The Association of District Secretaries became the Association of Council Secretaries and Solicitors (ACSeS) at the annual meeting in Bristol last month. Spokesman Mark Winstanley said the […]

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