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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

OSS placed on Parliament's inquiry hit-list

THE HOME Affairs Committee has put the Office for the Supervision of Solicitors (OSS) on a short list of issues it believes may merit investigation. But it may be spared the embarrassment of an inquiry for some time because the committee is able to hold only a handful of inquiries each year. A committee source […]

Berlins faces axe as BBC ponders Law in Action revamp

MARCEL Berlins, the popular presenter of the long-running radio show, Law in Action, has emerged as another potential victim of the scheduling shake-up at Radio 4. Although the programme itself, which Berlins has presented for nine and half years, has survived the controversial Radio 4 revamp, The Lawyer understands that the BBC is likely to […]

Accountancy Survey. Accounting for the accountants

A survey has revealed that accountants are not delivering the services law firms want. The fourth annual survey by The Lawyer and chartered accountancy firm Baker Tilly makes depressing reading for accountants. Despite accountants’ marketing, brochures and stated commitment to client service, many solicitors remain dissatisfied. Quotes such as “they could show basic interest in […]

In brief: Pagan Macbeth opens Dunfermline office

Scottish firm Pagan Macbeth has opened a new office in Dunfermline, alongside its existing offices in Edinburgh, Fife and Lothian, to service what it believes is a mini-boom in the Fife area. Alison Green, partner in the four-partner firm, said: “The West Fife economy has seen a great deal of investment in recent times and […]

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