In brief: SCL makes computing award

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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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Ex-Deacons partners oppose action

BANKRUPTCY proceedings against the 11 equity partners of collapsed Liverpool firm Deacon Goldrein Green, were adjourned last week until 17 January. Proceedings were issued by practice loans business NSW and supported by Frizzells Banking Services. The hearing of a winding up petition against the firm, also issued by NWS and Frizzells, was also adjourned to […]

Flotations

Lloyd’s corporate member Euclidian was advised by DJ Freeman on its u20m flotation

The Lawyer Inquiry: Martin Polden

I write with reference to the letter from Miss Castle “Training cap is needed” in your edition of 14 February. The powers of the Law Society under the Solicitors Act relate to qualifications to be obtained by individuals. They are about standards to be achieved, not numbers who achieve those standards. If we were to […]

TSG backs regional admission ceremony

THE TRAINEE Solicitors’ Group is supporting a proposal to hold admission ceremonies in regional centres as well as at Chancery Lane. The proposal – first raised by Law Society vice-president John Young – has recently been researched by the society. Its head of legal education Nick Saunders says a “prototype ceremony” will be held in […]

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Barrister calls for civil overhaul

A LONDON Barrister has called for a “cheap preparation procedure” as part of a radical overhaul of the civil law system. Writing in the current issue of Bar magazine Counsel, Anthony Speaight says the present system should be retained in addition to a new procedure which involves “no paper apart from traditional pleadings, no witness […]

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