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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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Nortel hires Emea compliance chief

Canadian telecommunications company Nortel has raided Siemens for its director of compliance for Europe, the Middle East and Africa (Emea). Nortel has appointed Sally March, who was head of legal at Siemens Business Services Media (SBSM), for the new position. March said: “The compliance role didn’t exist here before. I was attracted by the chance […]

Larry Sonsini calls in ‘Mad Dog’ for best defence

One company’s mess is a meal ticket for its instructed lawyers, and so it is with Hewlett-Packard (HP), the once golden paradigm of corporate America now in trouble for the way it went about sniffing out boardroom leaks. Its general counsel and main outside lawyer, among others, both testified at a special hearing on Thursday […]

Nortel hires Emea compliance chief

Canadian telecommunications company Nortel has raided Siemens for its director of compliance for Europe, the Middle East and Africa (Emea). Nortel has appointed Sally March, who was head of legal at Siemens Business Services Media (SBSM), for the new position. March said: “The compliance role didn’t exist here before. I was attracted by the chance […]

Addleshaws’ home comforts

The Lawyer Global 100 figures are in for 2006 and Addleshaw Goddard is happily sitting in 91st position, thumbing its noses at a number of firms around it. Addleshaws, with its Leeds, London and Manchester offices churning out a turnover of £161.2m, shot up a nifty six spots from last year. The reason managing partner […]

Pro bono is vital for lawyers establishing rule of law overseas

There are many things we take for granted in the UK. Ironically, one of the most overlooked is also one of the most fundamental – the rule of law. We expect – and rightly so – the absence of corruption, an independent, impartial judiciary, the presumption of innocence, the right to a fair and public […]

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