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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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Brewing up a storm in Benelux

The Netherlands legal scene is in turmoil after a series of UK firms broke into their markets. Alison Laferla reports on the new European invasion. Twelve months ago, probably the best word to describe The Netherlands’ legal scene would have been “stable”. The market was dominated by a handful of large local firms and poaching […]

Communication break down

Tom O’Sullivan unravels one of the most complex transactions in UK corporate history, the breaking up and selling off of Cable & Wireless Communications to US cable group NTLThe Timescale 22 February Graham Wallace appointed as Cable & Wireless chief executive. Wallace opens internal talks about selling off some of the group’s interests including the […]

Digest

Rowe & Maw is launching a brand-building advertising campaign on London Underground aimed at bringing its name home to City commuters. The Rowe & Maw poster ads will occupy space currently advertising KPMG’s services at Bank station, says a Rowe & Maw spokesman. The spokesman says Rowe & Maw needs to raise its profile. The […]

Law Soc chief quits over 'witch-hunt'

The chairman of the Law Society’s Compliance and Supervision Committee has resigned his chair and council seat following the suspension of Office for the Supervision of Solicitors (OSS) boss Peter Ross. Sources say Howard Hardy was “disgusted” at the “witch-hunt” of Ross and his team and felt compelled to stand down both from the committee, […]

Shell UK (part of the Royal Dutch Shell Group)

Aa global brands go, Shell is one of the most familiar. But its simplicity and immediacy belies a complex group structure spann ing oil and gas businesses in 130 countries around the world. Shell UK is the British arm of the business. But which business? The Royal Dutch/Shell Group consists of two parent companies. One, […]

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