In brief: Northern group sticks with men-only club

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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

French block plan to ease freedom to practice rules

FRENCH lawyers have scuppered the latest UK bid to liberalise the restrictions preventing lawyers from practising freely in Europe. At a meeting of the Council of Bars and Law Societies of the European Union (CCBE) on 29 November, a French motion to impose restrictions on the ability of foreign lawyers to practice freely was passed […]

Property

Taylor Joynson Garrett acted in the £11m sale of 25 of Lloyds Bank properties and two Woolworths stores for clients including British Aerospace Pension Fund and Value and Income Trust.

Pushing back frontiers

While some countries such as the Czech Republic have progressed rapidly since abandoning communism and adopting market economies, Romania has experienced a more difficult transition. Yet several foreign law firms, taking a long-term view of the Romanian market’s potential, have established themselves in the country. Political and economic independence is a relatively new experience for […]

1

Solicitors rally for UK pro bono scheme

LEADING solicitors are to gather in London to discuss plans to set up a national solicitors’ pro bono service. The open meeting next month has been organised by leading charity lawyer Andrew Phillips and is backed by the Law Society and the national charity Business in the Community, which coordinates free legal advice to community […]

In brief: Civil Justice Council looking likely

Practitioners and the Law Society scent victory in their push for a Civil Justice Council to implement Lord Woolf’s reforms to the justice system. It is believed Lord Mackay will announce he is prepared to go some way towards implementing such a body during the report stage of the Third Reading of the Civil Procedures […]

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