Nabarros made regional agency sole adviser

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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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Should Opra have criminal powers?

Helen Cox, head of pensions group, Clifford Chance Tim Cox, partner, Linklaters and Alliance Andrew White, partner, Rowe and Maw TWO YEARS after the Pensions Act created the Occupational Pensions Regulatory Authority (Opra), the watchdog body is beginning to get tough. Company directors who make consistently late payments are being warned they could face jail […]

Square Mile

The Bill’s stormy passage through the committee and report stages resulted in a number of key government defeats. Why? The Lord Chancellor is embarking on fundamental legal reform against a backdrop of severe Treasury restrictions on public expenditure by his department. City and commercial practices should not ignore this legislation. This Bill has enormous ramifications […]

AMO claims 2.4 per cent offer derisory

THE likelihood of industr ial action in magistrates courts has increased following what unions have branded a derisory and divisive pay offer. The Association of Magisterial Officers (AMO), the trade union for court staff, says it will consult its 6,000 members over the 2.4 per cent pay offer. According to AMO, it is the lowest […]

Further delay may pay dividends

WE WERE interested to read the piece “ECJ employment ruling is a ‘fudge'” (The Lawyer, 15 February) concerning the recent decision of the European Court of Justice on Nicole Seymour-Smith’s unfair dismissal claim. While further delay is unhelpful to employers facing claims that have been stayed by the tribunals, there is a possible benefit to […]

Trio unite to offer insurance litigation

JACKSONS, Cartwrights and Hextall Erskine are forming a consortium to pool their insurance litigation services. Bill Goyder, managing partner of Stockton-on-Tees-based Jacksons, says the consortium is considering adding further members and an announcement will be made in “a short time-span”. He comments: “It is best described as a strategic alliance. I am not aware of […]

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