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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

In brief: PFI expert leaves Winwards for Rowe & Maw

Rowe & Maw has recruited US and UK qualified lawyer Carole Colley as a senior assistant in its project group. Colley, a US citizen who previously worked at construction firm Winward Fearon, has particular experience in the energy sector and PFI infrastructure projects.

Engineer to plot Bar course

Kamlesh Bahl is stepping down as chairwoman of the Equal Opportunities Commission (EOC) to concentrate more fully on her new role as deputy vice-president of the Law Society. Bahl, who will leave the EOC on 30 November, polled over 12,000 votes – the most of all the six candidates for office – beating David Keating […]

Russian liability law gets icy reception

Small pay outs and a lack of legal infrastructure make the Russian courts a weak tool in the fight to get personal injury compensation. Alice Lagnado reports. Alice Lagnado is a reporter at the St Petersburg Times. On a Sunday afternoon last March, 12-year-old Ksenya Yuzipchuk was killed just metres from her front door when […]

Better the devil you know

If insurance companies are happy to offer extended coverage, why not for the first £1m in coverage currently offered by SIF? A left-wing wit once observed that the reason Margaret Thatcher won so many elections was because “at least you always knew where you were with her”. The Solicitors Indemnity Fund’s (SIF) survival beyond the […]

Lord Irvine pleges action on county court security

THE LORD Chancellor, Lord Irvine has promised to act on calls by The Lawyer for county court summonses to be made freely available to the public. The move follows a successful bid by four barristers – Paul Ozin, Garrett Byrne, Brendan Finucane and Nicola Langridge – to block an application by The Lawyer for access […]

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