KPMG finds new general counsel at Linklaters

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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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Ashurst and CC set for final drama in Sumitomo trial

Ashurst and Clifford Chance are gearing up to face each other in the High Court next week (4 October) as the final stage of the Sumitomo fraud scandal comes to trial. Ashurst’s head of construction and general commercial fraud specialist Chris Vigrass is leading the team representing Japan’s Sumitomo Corporation in its $1.1bn (£614.9m) claim […]

Pinsents and Masons merger gets partners’ vote

The merger between Pinsents and Masons is set to go ahead after the firms’ partners voted in favour of the tie-up. The combination will go live in early December, creating a merged entity with £150m in turnover. The new firm, which will be known as Pinsent Masons, will house 240 partners, 900 lawyers and 1,500 […]

BLP public affairs head lands directorship at CRE

Berwin Leighton Paisner’s head of public affairs and public policy has been named as the new director of private sector at the Commission for Racial Equality (CRE). Litigation specialist Brenda Stern will take a two-year secondment from the City firm where she has been since 2000 to take up the role under commission chairman Trevor […]

Fried Frank makes two London partner hires

Fried Frank has raided Ashurst and Simmons & Simmons for two high-profile partner laterals. The US firm has poached securitisation star Siân Withey from one-time merger prospect Ashurst and corporate energy rainmaker Jerry Walter from Simmons. In an unusual move, Withey, who is regarded as one of Ashurst’s rising stars, has joined to handle capital […]

Milbank capture sees MoFo grow in Tokyo

Morrison & Foerster (MoFo) is blazing ahead with the expansion of its Tokyo office after scooping a senior finance partner from Milbank Tweed Hadley & McCloy. Tsugumichi Watanabe has worked in both New York and Tokyo and has more than 20 years’ experience of acting on complex financing transactions. MoFo is also taking on an […]

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