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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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Opinion

It’s that time of year again – the solicitors’ professional indemnity renewal season, when managing partners and finance directors start recognising the difference between managing their third-highest overhead throughout the year, or leaving it to chance. Several firms, including some substantial ones, are already finding that they have problems. With the number of active insurers […]

High Court judges lend weight to Bankside development fight

Two High Court judges are among complainants challenging the Government in a possible House of Lords action over plans for a major development in Bankside, London SE1. If the case, Lough v First Secretary of State, reaches the Lords, it will be the first major planning dispute to have a human rights angle since the […]

Careers: in brief

Kenneth Ross, a partner at Bishops Solicitors, has been named as an Honorary Professor in the School of Law at the University of Glasgow. Ross becomes Scotland’s first practising environmental lawyer to achieve the accolade. He will deliver a series of lectures during the academic year as well as hosting several business seminars. In addition […]

Ramadan jam

Norton Rose is rightly proud of its Islamic finance team, and given the firm’s expertise in this field, one would think it possessed a superior knowledge of the key dates in the Muslim calendar. It would appear not. Those bright sparks who organise Norton Rose’s events have just sent out invites to clients to attend […]

Caribbean Court of Justice set to replace Privy Council

From November, the Privy Council in London will cease to be the final court of appeal for Caribbean members of the Commonwealth, bringing to an end one of the final vestiges of the British Empire. It will be replaced by a new court, the Caribbean Court of Justice (CCJ), based in Trinidad. The CCJ will […]

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