In brief: Pastures new for McCann Fitzgerald

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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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Recruiters' alliance

The legal recruitment consultancy, Richard Owen & Harper, has forged an alliance with the Hong Kong agency, Swift Legal. Links have existed between the agencies since former consultant at Richard Owens, Catherine Faircloth, left to become senior consultant at Swifts. The two agencies already share many of the same clients in London and Hong Kong. […]

Euro-firm sprouts branch in Brussels

THE new European tripartite firm, Liedekerke Simeon Wessing, has opened an office in Brussels. The office is an extension of the alliance forged in September between French firm Simeon & Associes, Belgian firm Liedekerke Wolters Waelbroeck & Kirkpatrick and the German firm Wessing Berenberg-Gossler Zimmermann Lange. The agreement allows each firm to offer its clients […]

Legal Aid Board 'delighted' by not-for-profit contracts interes

The Legal Aid Board is “delighted” and “reassured” by the response to its appeal for applications for block contracts in the not-for-profit sector. Almost 300 organisations have submitted statements of intent to apply for contracts in the second-phase pilot scheme. The contracts will be to provide advice and assistance in social welfare law in the […]

Irwin Mitchell targets Birmingham market following merger with five-partner Rigbeys

Irwin Mitchell is to catapult itself into the top 10 of Birmingham firms thanks to a merger with five-partner Birmingham practice Rigbeys, which will take effect next week. Irwin Mitchell’s managing partner, Howard Culley, said his firm had approached Rigbeys because of its corporate experience and because its expertise in insolvency, housing association and retail […]

Accountants

A sentence in the story “Accountants on the brink of taking law into their hands” of 1 November mistakenly referred to Price Waterhouse taking over Spicer & Pegler it should have referred to Touche Ross merging with Spicer & Pegler.

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