Legal Services Bill gets royal assent

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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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Get cartel

Spain will no longer have to rely on the EU to fight its competition battles – a new act has brought it bang up to date in the fight against cartels. By Jaime Pérez-Bustamante On 3 October the European Commission imposed fines totalling e183m (£127.65m) on four companies that had operated a cartel on the […]

Juries, juries hallelujah

The Government may find there’s a little spanner in the works in relation to its Fraud (Trials without a Jury) Bill, which is winging its way through Parliament at the moment. Last week saw a jury, in pretty much record time, get the founder and former chief executive of Independent Insurance Michael Bright locked up […]

TwoBirds takes Asia corporate chief loss on the chin

Bird & Bird is not planning to replace Julian Courtney-Stubbs, its outgoing head of the Asia corporate practice. Hong Kong-based Courtney-Stubbs is to leave the firm early next year to join Sydney-based Gilbert & Tobin. “We had been aware of Courtney-Stubbs’ plans to move to Australia for some time,” explained Bird & Bird partner and […]

Berrymans launches in Wales

Berrymans Lace Mawer is to launch in Wales with the opening of a Cardiff office to broaden its presence in South Wales and Bristol. The office, which will open on 1 November, will be headed by Matthew Harrington who joins from Cartwright Black Cardiff where he headed the personal injury team. The office will initially […]

St Phillips chief exec stands down

Birmingham-based set St Phillips is to lose its chief executive Jonathan Fox at the end of this year for personal reasons. The set has not as yet found Fox’s replacement, but it has more than 50 candidates for the post already, with the application deadline closing at the end of this month. One senior barrister […]

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