In brief: Legal aid for 'wealthy' under scrutiny

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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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Eversheds' appointments ups stakes in European IP league

EVERSHEDS has built up its intellectual property group with two appointments, including partner Isabel Davies who becomes group head. Davies is joined by former Turner Kenneth Brown solicitor Lynda Farmer, who starts as head of the new IP unit in Birmingham. The firm has identified IP as one of its key business areas and it […]

Linklaters puts down roots in Moscow

LEADING capital markets practice Linklaters & Paines has established its Moscow presence as a full branch office of the firm after more than two years in the city. The partnership voted unanimously for the 14-lawyer representative office to become a fully-fledged fixture in Russia after the firm identified a growing work base in the capital. […]

All change at top for London firms

TWO London-based firms of solicitors have announced the appointment of new senior partners. Lyddon Simon takes over the helm at Westminster practice Radcliffes & Co, while City-based Field Fisher Waterhouse has appointed Paul Honigmann. Simon was educated in South Africa, but came to the UK more than 30 years ago and joined Radcliffes in 1967. […]

Following their homing instincts

The two key factors that marked out the recession of the early 1990s from its predecessors were the damage it caused to hitherto secure areas such as the legal profession and the fact that its effects were felt harder in the South of England than in the North. The result of this ‘double-whammy’ was that […]

Euro MPs look positive on establishment

EURO MPs have shown initial signs of supporting a permanent right of cross-border establishment for EU lawyers following a debate in the European Parliament last week. The move has been welcomed by the law societies of England and Wales and Scotland, which have long opposed the European Commission’s proposal that lawyers should be subject to […]

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