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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

City accusations send sparks flying

Robert Mendick reports on the knee-jerk reactions that followed accusations of money laundering by some City firms. City pages edited by Richard Tyler. Last week, Simon Goddard, of the National Criminal Intelligence Service (NCIS), revealed exclusively to The Lawyer that six big City law firms were under investigation for their links with organised crime. “We […]

Strategies for dealing with the Russian crisis

Russia’s debt problems and the general global financial crisis are set to tax the skills of firms specialising in providing restructuring advice, says Rita Lowe. Rita Lowe is a partner in Cameron McKenna’s corporate recovery and restructuring department. The corporate recovery and restructuring groups in legal and accountancy practices throughout the City have spent the […]

Eversheds and Shoosmiths win conveyancing contract

Arun Estate Agencies, the 10th largest estate agency in the UK, is starting a volume conveyancing scheme in October with Eversheds and Shoosmiths & Harrison. The referral scheme is modelled on Hambro Countrywide’s 24-hour telephone conveyancing operation, which can process thousands of transactions every month. It will operate in about 60 per cent of Arun’s […]

In brief: Paisners and Charles Russell 'bubbling under'

Paisner & Co and Charles Russell have issued performance figures for last year which show they are among those firms “bubbling under” The Lawyer’s Top 50 fees table, published last week. Both Paisners, which has 36 equity partners, and 37-equity partner Charles Russell enjoyed a good year. Paisners reported gross fees of £18.8m, average profits […]

Good sport for in-house lawyers. By Matheu Swallow.

Working in-house enables lawyers to concentrate on all aspects of sports law Perhaps the only lawyers who can claim to be purely sports lawyers are those practising in-house. There is a growing trend to carry out work in-house, particularly within sports governing bodies. The staple diet of an in-house sports lawyer can include sponsorship and […]

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