Miller acts on Tandy sell

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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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Digest

AMOROUS emails could land office Romeos and Juliets in court. UK companies are cracking down on staff who send libellous or sexually explicit messages on their employers’ email systems, by implementing tough guidelines. Fox Williams partner Jane Mann says: “Companies are drawing up codes because without them, their chances of escaping prosecution for wrongfully dismissing […]

Lord Irvine's climbdown

OVER the past two weeks, the Lord Chancellor has been forced to retreat on two major areas of reform. The first was the forced reduction of his powers, and the second was the removal of family law from no win-no fee agreements. As soon as Lord Irvine’s proposals for conditional fees in divorce cases were […]

Electronic tagging starts

ABOUT 57 prisoners in England and Wales were released last week as part of the world’s biggest electronic tagging experiment. The Home Office expects 30,000 prisoners to end their sentences at home under the scheme. The Express

Small firms find clear route to convergence

Life in the world of business law firms is like a three-lane motorway. In the fast lane you have the five UK juggernauts, in the slow lane you find small, specialist practices, and in the overcrowded middle lane there is a blood-bath in the making. A number of IT law firms have been launched in […]

Lawyers steal IFAs' market

SOLICITORS are carving out a significant piece of the fund management sector for themselves, threatening the market share of Independent Financial Advisers (IFAs). Association of Solicitor Investment Managers figures show the funds administered by its 50 members have doubled from £1.5bn in 1995 to £2.39bn in the last three years. With the typical management rate […]

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