Indian Bar Council set to extend size rules

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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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Cobbetts signs up Stanbrook Hooper for EU advice

Manchester and Leeds-based Cobbetts has formed an alliance with Belgian trade law boutique Stanbrook & Hooper to provide its clients with EU law advice. The firms were introduced through their common membership of the State Capital Global Law Firm Group.

Ex-Stephensons partner joins Carbon Trust

Former Stephenson Harwood partner Tony Stockwell has resurfaced in an in-house role at Carbon Trust, the Government-backed and business-led company that is helping business and the public sector to cut carbon emissions. Stockwell retired from Stephenson Harwood in January this year, after spending 25 years as a partner there. He joins Carbon Trust as legal […]

Trouble and strife for Tonks as wife’s company sues Pinsents

Bank Restaurant Group, the company that employs the wife of Pinsent Curtis Biddle’s senior partner as a director, is suing her husband’s firm for negligence. Julian Tonks, senior partner of Pinsents, is married to Bank Restaurant Group marketing director and board member Ann Tonks. The claim is aimed at partners of the old Biddle firm, […]

Met Police panel chooses two sets

John Bevan QC’s 2 Harcourt Buildings and 7 Bedford Row have been appointed to the Metropolitan Police’s panel for work stemming from the new Proceeds of Crime Act. The controversial legislation gives the police new civil powers to seize money belonging to suspected criminals without first securing a conviction. The two chambers will in the […]

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