New LSC chair appointed

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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

Partnerships for Schools creates first panel

Partnerships for Schools (PfS), the public body designed to support the government’s Building Schools for the Future programme, has appointed a dozen law firms to its newly created panel. Addleshaw Goddard, Beachcroft Wansbroughs, Bevan Brittan, Dickinson Dees, Eversheds, Hammonds, Kilpatrick Stockton, Nabarro Nathanson, Norton Rose, Pinsent Masons, Trowers and Hamlins and Ward Hadaway have all […]

Sony BMG launches Futures Division

Newly merged music company Sony BMG has launched a new division which has been hailed by its head lawyer as the first of its kind for a major record company. The group, named the Futures Division, is dedicated to new businesses within Sony. It includes all digital interests, branding and endorsement deal arm Network Solutions […]

UBS embarks on global shake-up of law firms

UBS Investment Bank is in the throes of a full-scale review of its global panel in a bid to rationalise the firms it uses in the US, Europe and Asia. It is understood that the review was launched late in 2004 by UBS’s new general counsel David Aufhauser, who joined the investment bank last October. […]

Mass appeal

More musical Asian tsunami relief efforts. Following on from last week’s plug for the rock bash at The Spitz on 22 March starring The Simkins Partnership, this one comes courtesy of Denton Wilde Sapte (DWS). And this time the music is of a more genteel, but equally exceptional, standard. A DWS legal assistant, who happens […]

Euroclear gifts Wragges first instruction on IT outsourcing

Wragges first instruction on IT outsourcing” />Wragge & Co’s outsourcing practice has scored a massive coup by advising new client Euroclear, Europe’s largest securities settlement house, on the IT and outsourcing elements of its group restructuring. Euroclear has traditionally used Slaughter and May and Travers Smith for corporate and regulatory work in the UK, but turned to Wragges’ specialist […]

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