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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-house Banking and Finance Team of the Year

Standard Chartered Bank 2nd place: Halifax3rd place: Barclays CapitalShortlisted: Capital One, Cr&#233dit Agricole Indosuez, Dresdner Kleinwort BensonThe winner of the In-house Banking and Finance Team of the Year Award, sponsored by Burges Salmon, is Standard Chartered Bank. The in-house legal team, now led by Kate Nealon after Martin Hayman’s retirement, had an exceptional year, with […]

News in brief

A round up of stories from the UK and around the world PricewaterhouseCoopers (PwC), provisional liquidator of the Independent Insurance Company, is set to announce its panel for the run-off work of the collapsed company. National firms Berrymans Lace Mawer, Davies Arnold Cooper and Maidstone-based Davies Lavery – Independent’s claims handling panel prior to its […]

Finance

A popular excuse for the hundreds that flocked to the Global Asset Securitisation Conference in Barcelona last month was “I’m here to network”

Herbert Smith HK partner defects to Clifford Chance

Herbert Smith’s Hong Kong office has lost litigation partner Martin Rogers to Clifford Chance. Described locally as a “major coup”, Rogers’ departure has created waves in the Hong Kong market as his 11-year tenure at Herbert Smith demonstrated a long-term commitment to the firm’s principal base in Asia.Rogers will join Clifford Chance’s Hong Kong litigation […]

Pillsbury shifts 80 lawyers from DC to Northern Virginia

US firm Pillsbury Winthrop is relocating the bulk of the lawyers in itsWashington DC office into high-tech Northern Virginia. Historically, the firm has had over 100 lawyers in DC compared with around 10 in Northern Virginia. But now most of those will move over, taking the Northern Virginia practice to around 80 lawyers and DC […]

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