Medical costs: should the victim pay?

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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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ABA heads for San Francisco

As 20,000 lawyers prepare to travel to San Francisco, Anne Gallagher considers some of the issues on the agenda. Anne Gallagher is a freelance journalist. As the climax of the American Bar Association’s year draws near, the 340,000-member organisation comes to San Francisco ready to debate how it can influence national policies. During ABA president […]

Mears gives up politics after defeat

Twice defeated presidential candidate Martin Mears has announced that he will withdraw from front-line Law Society politics but will stay on as a member of the council. Mears, who lost last week’s election by a margin of 8,000 votes to rival Phillip Sycamore, said: “I always said if I lost by one vote I would […]

Pro bono boost

The new Solicitors’ Pro Bono Group is now up and running under the directorship of the very capable Peta Sweet. Finally, thanks to a group of law firms, the solicitors’ branch of the profession now has an organisation which can support its pro bono efforts and provide a national focus. It is of even greater […]

FIDs abolition branded a 'penalty on success'

City lawyers are becoming increasingly dismayed at the Government’s confusion over foreign income dividends (FIDs). The Chancellor of the Exchequer, Gordon Brown, evidently felt that abolishing FIDs in the Budget would be a means of raising revenue in a way that would pass unnoticed by the majority of the electorate. They are due to be […]

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