Harris wins Lovells election

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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

Law Soc faces £1m fine for complaints blunders

The Law Society could be fined £1m if it delivers another “inadequate” plan for complaints-handling. Legal Services Complaints Commissioner Zahida Manzoor last week said the society’s original plan contains “fundamental weaknesses” and has asked for a revised version by 6 December. Manzoor has the power to levy a fine of up to £1m if the […]

Morton Fisher set for merger with Gwynnes

West Midlands law firm Morton Fisher is to merge with Shropshire law firm Gwynnes to create MFG Solicitors. Subject to due diligence, the merger will take effect from 1 February. The new firm will have 24 partners and 200 staff in 10 offices across the region. First revealed on www.thelawyer.com 15 November

Making your firm pitcher perfect

Pitching requires special skills. Peter Rush explains how to turn a beauty parade into a victory parade The French have a phrase for it: “Les mots d’escalier.” They are the words you should have spoken while still in the room, but only recall as you slink down the stairs. Of course, it is too late […]

Australia set to unify defamation legislation

Australia could introduce uniform national defamation laws after the country’s eight states and territories agreed earlier this month to support the development of new legislation. The claim comes after the states and territories unanimously voiced their support of a model bill for the laws proposed by the New South Wales government at a meeting of […]

Amvescap installs global risk management unit

Global asset management giant Amvescap is developing an international operational risk management unit in a bid to reduce the threat of facing another massive fine for improper trading. The new unit, which is still in the planning stages, will work alongside the group’s legal and compliance departments in a bid to oversee all of the […]

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