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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

Pillsbury axes ten per cent of NY associates

US firm Pillsbury Winthrop has become the latest victim of the downturn, announcing layoffs in its New York office. Following in the footsteps of Shearman & Sterling, revealed by The Lawyer to be the first New York firm to make major cutbacks (The Lawyer, 29 October), Pillsbury Winthrop is axing 10 per cent of its […]

Leader

Wilmer Cutler’s acquisition of the delightfully-named Quack – the last remaining part of Gaedertz – shows what US firms in Germany can achieve outside the glare of Frankfurt. Wilmer Cutler set up in Berlin at a time when the city was a legal backwater dominated by old-school firms. For the rest of the decade Andreas […]

DLA seeks licence to open in Shanghai

DLA has applied for a licence to open an office in China. If the licence is granted, the national firm will set up a base in Shanghai. Managing partner Nigel Knowles said: “No serious business can ignore China. With it being only days away from membership of the World Trade Organisation, there is no doubt […]

Linklaters and Gianni set to strengthen relationship

Discussions centre on joint marketing and training; future merger not ruled out Linklaters and Italian ally Gianni Origoni Grippo & Partners have launched a review of their alliance aimed at strengthening integration between their practices.The review marks a turning point in Linklaters’ relationship with Gianni Origoni, which was a latecomer to the Linklaters & Alliance […]

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