In brief: Lord Clinton-Davis returns to SJ Berwin

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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

IBA's movers in Vancouver

Despite competition, this year’s IBA conference is set to be the biggest and brightest ever, reports Richard Tyler. The International Bar Association’s (IBA) annual get-together this year in Vancouver between 13-18 September comes hot on the heels of that of its rival, the Union Internationale des Avocats (UIA), which held its annual meeting in Nice […]

In brief: Profile

In last week’s profile, it was incorrectly stated that President Kaunda was formerly president of Zambia, instead of Zaire. It was also stated that the Bruce Grobbelaar libel action was against News of the World. It was against The Sun. Lord Aldington was the the plaintiff in the libel action brought against Count Tolstoy. The […]

In brief: Condon attacks Jack Straw's spending plans

Sir Paul Condon, the Metropolitan Police Commissioner, has attacked Jack Straw’s u29m spending increase for the Metropolitan Police. He told The Lawyer: “This falls short of what we need to cover inflation and increases in police pay and pensions,” he said. The funding settlement is one per cent below the national average and could lead […]

In brief: Tougher requirements for legal aid franchises

Firms bidding for legal aid franchises will have to meet tough new requirements under plans published last week by the Legal Aid Board. The revised specifications include new standards regarding the supervision of legally aided work and the setting of a minimum number of files that firms have to review at certain intervals. There are […]

Magyar engages in telecoms deal

The London and Warsaw offices of Baker & McKenzie have acted in the largest domestic offering and listing of shares in Poland, doubling the market capitalisation of the Warsaw stock exchange. The u530m offering of shares and GDRs of Polish telecoms giant Telekomunikacja Polska SA (TPSA) also involved a London Stock Exchange offering and listing. […]

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