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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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Brief

David Green, the criminal barrister at 18 Red Lion Court responsible for the garden in its front courtyard, has scooped the annual Miller Award for the best new floral feature in the City. The trophy, awarded by the City of London corporation and the Worshipful Company of Gardeners, will be presented by the Mayor of […]

It has been a good week for:

Liberty director John Wadham, who received the legal brief of the week when he was called in to advise former MI5 official David Shayler. Furniture designers Luke Hughes & Company, whose “unique” Trojan all-timber folding tables are being snapped up by law firms left, right and centreS according to a press release issued by Luke […]

Cultural and legal diversity is worth more than the tourist trap

Martin Bowley QC says that conventions offer an ideal opportunity to gain a fresh perspective of the issues that concern the profession Flying transatlantic last week on my way back from my eighth ABA annual meeting in Toronto, I pondered Chris Fogarty’s question in The Lawyer: “What’s in it for legal convention freaks like you?” […]

Japan Bar backs govt arbitration initiative

THE JAPANESE Bar is set to swing behind a government initiative to establish an international commercial arbitration centre in Japan. Akira Kawamura, of leading Tokyo firm Anderson Mori, told delegates at the ABA conference that the Japanese legal profession was making a concerted effort to put arbitration on the map in Japan. He said that […]

Time for honesty over the use of taxpayers' money

For all the profession’s carping about “fat cat” attacks, orchestrated by the Government and carried out by an ever-willing media, it is a simple fact that some lawyers earn a huge amount of taxpayers’ money every year through legal aid work. And when a professional gets paid that much money, it surely does not need […]

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