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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

Clifford Chance CEO election hots up

As speculation mounts about who will be the next CEO, Abigail Townsend gives the lowdown on the favourites At least two of Clifford Chance‘s most senior managers are set to go head-to-head as the battle to replace chief executive officer (CEO) Michael Bray heats up. London managing partner Peter Charlton and joint European managing partner […]

cable & wireless

This is the second billion-dollar deal this year for Shaw Pittman’s London office. Last month it advised pharmaceutical giant AstraZeneca on its £1.2bn outsourcing deal with IBM (The Lawyer, 26 February). In the Cable & Wireless deal, Shaw Pittman has moved on from outsourcing to networking. Networks are the architecture of technology – the area […]

Dorsey invades China with licence for Shanghai office

US firm Dorsey & Whitney is making its first foray into mainland China after winning a licence to practise in Shanghai. Corporate partner Zhao Alex Zhang will head the office, which is expected to be operational this month. Zhang was instrumental in establishing the firm’s Hong Kong operation in 1995. China is regarded as a […]

Camerons under OSS scrutiny for sex discrimination

CMS Cameron McKenna is being investigated by the Office for the Supervision of Solicitors (OSS). A spokesman for the body says: “The OSS confirms it is looking into possible instances of sexual discrimination against two or three individuals at a large London solicitors’ practice.” Investigations by The Lawyer, however, have established that the firm in […]

Held in contempt

News of astonishing developments in the courts has reached Tulkinghorn. Having already done away with some of the historical anachronisms that so frustrate modern practitioners, Lord Woolf (below) now seems to attract innovative court practice wherever he goes. Sitting with colleagues Messrs Lord Justice May and Parker a couple of weeks ago, Woolf encountered a […]

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