In brief: Firms invited to LAB's youth courts pilot

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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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Pay review sparks job cut fears at LAB

Experts are being brought in by the Legal Aid Board (LAB) to review pay and conditions at the board, sparking fears of job cuts among the staff. The board has commissioned independent consultants The Hay Group to compare how the pay and conditions it offers compare with the private sector. An internal LAB memo announcing […]

Is the region ready for the euro?

Most, but not all, law firms in the North East are geared up for the introduction of the euro, writes Rebecca Towers. Mixed is probably the best way to describe the reaction of north-eastern firms to the European single currency. And while the first stages of monetary union – due to come into effect on […]

Government says justices' clerks have a vital role to play in magistrates' future

The Government has come out in support of justices’ clerks, stating that their role of providing the best possible advice and support to magistrates should not be compromised or diluted. Its views come in a consultation paper, “The Future Role of the Justices’ Clerk”, issued as part of moves to modernise and improve the operation […]

Law Soc hosts crisis meeting over ethnic minority legal aid

Ethnic minority solicitors will call on the Government this week to change its legal aid reform timetable or risk depriving black and Asian communities in the UK of legal representation. The call will be made at a crisis meeting of more than 100 ethnic minority solicitors at Law Society headquarters. The meeting was organised by […]

It has been a good week for:

Brixton solicitor Angello Hornby and Linklaters litigation partner Katie Bradford, who are among 500 leading women who are attending the 43rd Women of the Year Lunch this week. Hornby co-founded the Brixton all-female firm Hornby Ackroyd & Levy in 1980 and has created strong ties with the local community. Bradford is a property specialist and […]

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