Mourant completes offshore merger

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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

Pasty power

As Brick Court Chambers gears up for a 100km walk in aid of Oxfam and the Gurkha Welfare Trust, the set’s senior clerk Ian ‘Iron Man’ Moyler has been giving the hikers the benefit of his knowledge on sports nutrition. Tulkinghorn has been told that Cornish pasties are great for endurance events. No, really. They […]

Law Society names new president

Fiona Woolf today (19 July) stepped down as the president of the Law Society to make way for immigration lawyer Andrew Holroyd Holroyd, a partner at Liverpool-based Jackson & Canter, took over the reins of the solicitors’ representative body at the AGM. Holroyd vowed to lead the entire profession through “what is bound to be […]

Guidelines knock global derivatives into shape

A set of guidance principles that could revolutionise the global derivatives market was published last week (10 July), ahead of the Financial Services Authority (FSA) report on the matter, which is expected soon. The principles, which address how retail structure products (RSPs) are delivered to retail investors, were devised following an 18-month discussion period between […]

City firms rail against Polish legal fee cap

Top City law firms and the Law Society have flown in to Warsaw for crisis talks as they seek to head off legislation likely to cause the retreat of all international firms from Poland. The Law Society is coordinating with the UK’s ambassador in Warsaw and firms including Allen & Overy (A&O), Clifford Chance, Linklaters […]

Hammonds advises on Brum football deal

Hammonds has acted on its second Premier League football deal in a fortnight, advising Hong Kong tycoon Carson Yeung Ka-Shing on his purchase of a third of Birmingham City FC. The firm advised Ka-Shings’ GrandTop International Holdings, a small-scale clothing company with an annual turnover of less than £5m, on the acquisition of 29.9 per […]

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