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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

Scots vent anger over public fund to protect conveyancers

Scottish solicitors have attacked the Government for paying a £40,000 indemnity insurance premium for licensed conveyancers in a bid to get the profession off the ground in Scotland. The funding is being offered by the Scottish Conveyancing and Executry Board, a newly launched non-departmental public body which has been given the job of overseeing the […]

Townspeople bristle over badger problem

The battle of the badgers is heading for the High Court. Mr Justice Kay has given the green light for South Somerset District Council to mount a unique judicial review challenge to the Government’s refusal to relocate a badger set in Yeovil which is said to be causing havoc for the creature’s human neighbours. The […]

Girling calls for solicitors' chambers

A Law Society survey which found that 71 per cent of sole practitioners see themselves as specialists has prompted president Tony Girling to call on them to follow the lead set by barristers and band together in chambers-type arrangements. In an interview in this week’s edition of The Lawyer (see page 11) Girling argues that […]

Litigation Disciplinary Tribunals 25/03/97

Eric Ashley Bell, 47, admitted 1988, practising at material times with Graham and Bell Partnership and then as a sole practitioner as Eric A Bell & Co, Bedlington, fined £3,000 and ordered to pay £1,500 costs. Allegations substantiated that he delayed or alternatively failed to act with reasonable expedition in affairs of clients; failed or […]

R&M poaches McGrigors pair

Scottish firm McGrigor Donald has lost the star head of its banking group Neil Morrison to Rowe & Maw along with his senior assistant Naomi Owen. London-based Morrison was head of the McGrigors’ banking group for five years. Before that he was head of SJ Berwin & Co’s banking group. He said: “I decided when […]

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