Linklaters pulls plug on CSET donations

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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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Banking chief quits for Addleshaws’ finance team

Addleshaw Goddard’s burgeoning finance department has poached Simmons & Simmons’ head of banking Nicholas Fisher. The hire comes as the firm reports a 35 per cent increase in fee income for the last five months, compared with the same period in the last financial year. The department as a whole has billed around £20m in […]

DLA senior partner failed to record football shirt price-fixing meeting

DLA senior partner Roger Lane-Smith failed to record a meeting in which the chairman of JJB Sports Dave Whelan was found to have rigged the price of football shirts with his competitors, David Hughes of all:sports and Mike Ashley of Sports Soccer. Lane-Smith is a non-executive director of JJB, which was fined £8.37m by the […]

Disclosure imposed on tax avoidance schemes but lawyers retain privilege

The government bypassed the issue of legal privilege in tax avoidance schemes with the announcement today (Friday, 8 October) of a legislative amendment forcing disclosure. The Law Society and the Institute of Chartered Accountants in England & Wales (ICAEW) have been involved in a stand-off over the question of whether lawyers should be accorded privilege […]

CC loses three more CMT lawyers

Another three associates are set to leave Clifford Chance’s depleted communications, media and technology (CMT) group. Lawrence Jacobs’ fledgling outsourcing practice at Milbank Tweed Hadley & McCloy is taking two associates and another is leaving to join former Clifford Chance partners Christopher Millard and Tim Schwarz at Linklaters. “From a personal perspective, with the opportunity […]

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