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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

A cure for the great millennium hangover

As the country wakes up to the plink, plink, fizzzzz of the new millennium on 1 January, they’ll be clearing away the empties from the Dome and polishing the displays ready for the great British public to flock in and see the zones dedicated to New Britain and its great commercial successes. Or at least […]

The City Lawyer's Tale

Mergers had happened before, mergers would happen again. But the coming together of Clifford Turner and Coward Chance was different. It was an event that would change the UK’s legal landscape and would later be the catalyst to a redrawing of the European and global legal maps. In a quintessentially British, civilised way, it all […]

The Judge's Tale

Back in 1948, when Kerr was called to the bar, pre-reading was something judges did as an extra. “In the old days, the presentation in court digested everything for the judge,” says Kerr, who sat on the High Court Bench from 1972-81 and the Court of Appeal Bench from 1981-89. “Not only was he not […]

2000

The lucrative field of banking is attracting a host of names to watch. Mark Western and James Chesterman from Weil Gotshal & Manges’ London operation are praised for gaining “the confidence of clients so quickly” after the office opened in 1995. Staying with the US firms, Anthony Ward at Shearman & Sterling is rated by […]

The Regional Lawyer's Tale

John Crabtree: senior partner, Wragge & Co For a week’s work in 1971, Crabtree received from Wragge & Co the princely sum of £8. He wasn’t complaining, however, because he knew there were others who were worse off. Indeed, at other firms, there were still articled clerks who were paying their principals for the privilege […]

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