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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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A necessity or an extravagance?

Patrick Stewart examines the case for retaining a London base as Australian firms reassess the value of their overseas offices. London has long been a popular destination for Australian firms, but, with the recent withdrawal of Freehill Hollingdale & Page, Allen Allen & Hemsley and Arthur Robinson & Hedderwicks from the capital, the consensus appears […]

Bingham questions public defender concept

The Lord Chief Justice, Lord Bingham, has questioned whether lawyers working in a public defender system would be sufficiently motivated to do the job properly. Speaking at his second “meet the press” session since becoming Lord Chief Justice, Lord Bingham was distinctly cool about the potential worth of a public defender system. He questioned whether […]

Larry Cohen suggests a simple way of curbing the paparazzi

Larry Cohen suggests a simple way of curbing the paparazzi. Larry Cohen is head of the intellectual property unit at Hammond Suddards.. With public confidence in the press at an all-time low and Lord Wakeham’s review of the rules governing privacy and harassment seeming to promise little more than greater self-regulation, the time may be […]

Tackling tax down under

Tax reform is on the agenda in Australia as the government seeks ways of funding pensions, reports Louise McBride. Louise McBride is a tax partner at the Sydney office of Clayton Utz. Australia’s taxation system is in danger of imploding. Without urgent reform, it will not be able to support the number of people who […]

Linklaters remains leader of the pack

Linklaters & Paines remains the top international law firm for the value of its private finance infrastructure deals, according to Privatisation International’s latest figures for 1996 to 1997. It leads the field in Asia, the area which is proving by far the most lucrative for advisers on infrastructure projects, and in the UK. But Baker […]

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