Green group makes EU noise over rail pollution

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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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'The poor quality of training is a very common complaint'

The end of 1994 saw the first glimmers of hope that a decline in training contracts could be weakening. Contrary to expectations, the number of admitted solicitors has grown and so have the number of training contracts. While for many would-be trainees the chances of securing a training contract seem as slim as a win […]

Allen & Overy advises on building society first

Allen & Overy advised the Bristol & West Building Society in a u150 million commercial mortgage securitisation secured on investment property. The deal is believed to be the first of its type. A total of u150 million of Commercial Mortgage Backed Securities were issued, underwritten, and lead managed by Goldman Sachs. Around 83 per cent […]

Lawyers have say on legal aid for the rich

LAWYERS have until the end of next month to respond to the Lord Chancellor’s package of measures designed to prevent rich people milking the legal aid fund. The Bar Council and the Law Society have broadly welcomed the plans but could object to individual proposals. Society president Charles Elly says that turning legal aid into […]

In brief: Conference tackles drugs legislation

The British Juvenile and Family Courts Society is focusing on the decriminalisation of drugs for its annual conference in London in February. Chaired by BBC news presenter Martyn Lewis and The Observer’s home affairs correspondent David Rose, the conference will discuss problems associated with the prohibition of drugs. The conference is on 10 February. For […]

In brief: Patent solicitors become 'Intellectual'

The Patent Solicitors’ Association, set up in 1982, has changed its name to the Intellectual Property Lawyers Association. The change has been made to reflect the widening of the association’s scope and focus from purely patent litigation to all aspects of industrially-based intellectual property law. Further information from secretary Nicholas Macfarlane, at Lovell White Durrant, […]

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