Former Andersen group Taxand expands

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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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Showing off figures

We’re not fooled, you know. We do realise that profit figures have become a brand extension exercise. It’s the time of year when firms all over the UK cunningly reveal that, a) their profits have shot up, b) they’ve managed their costs, and c) they’re now looking at work-life balance or diversity or something. Because […]

Merger creates 47-strong civil set

Public law specialists Two Field Court and human rights and child law set 17 Bedford Row have merged to form a 47-strong civil set, Field Court Chambers. The merger comes just eight months after Two Field Court’s head of chambers Ashley Underwood QC defected to Landmark Chambers. Two Field Court brings the majority of the […]

Property boom drives Semple Fraser turnover growth

Scottish firm Semple Fraser has posted a 21 per cent rise in turnover to £13m, the third consecutive year of 20 per cent plus growth. The 24-partner firm is best known for property, with clients including Sir Robert McAlpine, Land Securities and the Resolution Group (formerly Royal and SunAlliance). The firm’s managing partner Alister Fraser […]

Watsons gears up for launch of City office

Newcastle-based Watson Burton is set to launch a new office in London within the next six months. The City office will focus on property, construction and insurance work and will be the first presence in the capital for a North East firm. Senior partner Andrew Hoyle said: “We’ve gone there primarily to win more quality […]

Securities and Exchange admission

It may not be classy, but sometimes the temptation to crow a little when you’re proved right is simply too strong. Astute readers may recall a story earlier this year about former Securities and Exchange Commission (SEC) director Alan Beller returning to his old stomping ground of Cleary Gottlieb Steen & Hamilton. Okay, it’s an […]

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