Gilberto Silva’s fruity balls

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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

Herbies gets £10m for DTI advice

Herbert Smith has racked up almost £10m in fees after advising the Department of Trade and Industry (DTI) on the launch of the Nuclear Decommissioning Authority (NDA). The firm pitched against a number of City rivals to scoop the two-year contract to advise the DTI on issues including the contractual framework needed to be put […]

Akin partner boosts Reed Smith London

Reed Smith is continuing its expansionist streak in London with the hire of Akin Gump Strauss Hauer & Feld partner Richard Hierons, at the same time as the Texan firm embarks on its own hiring spree. Hierons, a corporate specialist, joins Reed Smith today (18 April), bringing the number of lawyers in the firm’s UK […]

Kings’ chambers contributions cut as turnover soars

Northern set Kings Chambers has reported a turnover increase of 20 per cent while slashing its chambers contributions by 3 per cent between 2003 and 2004. Northern set Kings Chambers has reported a turnover increase of 20 per cent while slashing its chambers contributions by 3 per cent between 2003 and 2004. Kings, which has a financial year-end of 31 […]

Survey singles out China, India as key markets for in-house counsel

China and India were rated as the most attractive emerging markets for UK businesses in a report detailing the role required of general counsel in emerging markets. The report, published by Baker & McKenzie, surveyed 51 board executives at FTSE 500 companies. Gary Senior, London managing partner said: “With the growing importance of emerging economies […]

Playing it straight

Since the FSA was handed the remit to oversee the insurance sector, a hands-off approach was never really on the cards. Raj Parker and Nathan Willmott report on developments The Financial Services Authority (FSA) hit the ground running when it assumed responsibility for general insurers and insurance intermediaries three months ago, and it is now […]

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