FIFA defends Dutch trouser removal action

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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

City Law Society calls for redraw of Legal Services Bill

The City of London Law Society (CLLS) has issued a stern warning to the Government in its response to the draft Legal Services Bill, calling the new legislation “potentially draconian”. CLLS chair David McIntosh told The Lawyer: “Unless this bill is substantially rewritten, it will amount to an own-goal for the Government. As drawn, it […]

Walker Morris and Matrix silk relegated on key Wembley appeal

Walker Morris has been sidelined in the mammoth litigation over Wembley Stadium after losing the first round of the case for client Cleveland Bridge. Partner Martin Scott acted for the North East steel company as it fought a £38m claim for breach of contract brought by Australian contractor Multiplex over the construction of the new […]

Rock steady

A restructuring of its funds legislation, its proximity to Europe and good quality infrastructure are making Gibraltar an enticing proposition for fund promoters, says James Lasry The global expansion in funds has put considerable pressure on established fund centres such as Dublin, Luxembourg and the Caribbean. This has given rise to delays in fund establishment […]

Going global

The ever-increasing globalisation of the corporate and financial markets has provided new challenges for offshore law firms as they compete to give clients the services they want and expect. The result has been a change in the offshore landscape. There are two schools of thought at offshore firms about the best way to react to […]

Sullivan appoints new DC boss

New York-based firm Sullivan & Cromwell has appointed Daryl Libow as the new head of its Washington DC office. Libow, a specialist in representing corporations involved in regulatory, criminal and congressional investigations, succeeds Robert Craft Jnr after 19 years in the role. Libow’s client list includes acting for Goldman Sachs, Microsoft, National Australia Bank and […]

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