HBOS legal chief handed post-merger GC role

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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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Lost in the post

The beauty of an international network of offices is that when work starts to dry up in one, there are plenty of other locations for staff to be redeployed to. Just ask Freshfields Bruckhaus Deringer, which earlier this year saw London managing partner Tim Jones formalise a strategy for moving talent between the firm’s offices […]

Tribunals shake-up creates two-tier system

The Tribunals Service has undergone a radical shake-up today with the launch of a two-tier system. The new structure will see most of the current tribunal jurisdictions transferred into either the First-Tier or Upper Tribunal. Justice minister Bridget Prentice said the overhaul, which implements a key part of the Tribunals, Courts and Enforcement Act 2007, […]

Best-laid plans

The Swedish government’s plans to sell off the state’s stake in a range of industries were good news for lawyers. But the world economic crisis may have put paid to them. Having been buffeted by a series of economic storms over the past 20 years, the people of Sweden are used to scare stories surrounding […]

Cracks show as crunch hits firms’ half-year figures

Camerons and Lovells eye double-digit growth as fee income stagnates across City. Law firms across the market are experiencing mixed financial fortunes at the half-year stage, with CMS Cameron McKenna and Lovells standing out as the only two firms predicting double-digit growth. With the half-year coming to a close on Friday (31 October), firms have […]

Norton Rose scoops HSBC-Ekonomi brief

Norton Rose has won an instruction from HSBC on the purchase of Indonesian lender Bank Ekonomi for $608m (£392.59m). The firm has emerged as HSBC’s preferred corporate adviser in Asia, having also worked on its failed bid for the Korean Exchange Bank last month. Lovells advised the sellers, wealthy Indonesian private investor the Wings Group, […]

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