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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

Preferences in the provinces

Outside of Manchester the provincial Bar is widely avoided because of what solicitors describe as insufficient specialist support. The Birmingham Bar for example, “doesn’t hold itself out as having a good record in the field of professional indemnity.” One observer said that the opening of the mercantile court in Leeds may change this, although importance […]

Hardwicke Building head resigns to head Booth's set

Tony Wells has “shocked” barristers at the commercial set Hardwicke Building by resigning as chief executive to become chambers director at Cherie Booth’s chancery set 4-5 Gray’s Inn Square. Wells was at Hardwicke Building for five years and will start “in the next six months”. He takes over from the highly-respected senior clerk of 40 […]

Big fish in a sea of talent

With such an abundance of talent in professional negligence, the juniors rated particularly high praise, writes Matheu Swallow. Matheu Swallow is a freelance journalist. With professional negligence covering such a broad spectrum of work, the names recommended are too numerous to mention. But certain chambers with a broad base of rated individuals stand out. In […]

In brief: LCD grants funding for CAB litigants' project

The Lord Chancellor’s Department is giving a grant to the Citizen’s Advice Bureau in the High Court to help it provide advice and assistance to litigants in person. The LCD will provide £84,500 to the scheme annually for the next three years. Twenty-two firms, mainly from the City, will provide solicitor volunteers to man the […]

In brief: Appeal launched for Human Rights Centre

Amnesty International’s legal section has launched an appeal among lawyers to raise £500,000 to help pay for a new London-based Human Rights Centre. Donations should be sent to: The Human Rights Centre Appeal, c/o Peter Duffy QC, Essex Court Chambers, 24 Lincoln’s Inn Field, London WC2A 3ED.

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