Govt puts diversity drive into gear

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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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Blackstone Chambers votes in new heads

^WH¬ne Chambers has elected Ian Mill QC and Tom Beazley QC as its new heads of chambers. The duo replace Presiley Baxendale QC and Charles Flint QC after almost seven years at the helm.Mill and Beazley will hold the posts for a five-year term, wh… Blackstone Chambers has elected Ian Mill QC and Tom Beazley […]

Radical new fraud offence unveiled by government

The government today (19 October) announced radical proposals for a new general offence of fraud. Following a government consultation, Baroness Scotland QC said that in the planned Fraud Bill fraud could be defined as an offence in three ways – by false representation, by wrongfully failing to disclose information and by abuse of position. The […]

Legal Widow

I wonder what David Attenborough would say if he ever crept up on a pride of sleeping lawyers. Would he marvel over the magnificent beasts? Would he note the thin ones, soon to be fatally injured in some gruelling hunt for new clients, or the young ones, ready to maul each other for their place […]

DLA wins Simmons finance director as US merger vote nears

DLA has recruited Simmons & Simmons’ former finance director to be its new chief financial officer in the lead up to the firm’s merger vote with US suitor Piper Rudnick. Paul Edwards spent seven years at Simmons during which time he oversaw the restructuring of the firm’s remuneration system. He will replace David Liddle, DLA’s […]

Hull adds name to DWS TMT departures

Denton Wilde Sapte’s depleted TMT team has suffered yet another blow, with the departure of IP litigation partner John Hull. Hull will join Eversheds London office. His joining date is yet to be confirmed. The departure leaves the DWS TMT team with just four partners: telecoms specialists John Worthy, Catherine Bingham and Dan Burge as […]

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