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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

Plea for wills information

The Institute of Legal Executives (ILEX) is urging the establishment of a Central Wills Registry where all wills, irrespective of how they are drawn up, will be registered and checked for validity. ILEX is seeking examples of cases where a Central Wills Registry would have made certain that the deceased’s wishes were indeed carried out. […]

Law Soc examines grass roots setup

A LAW Society Commission has been set up this month to carry out the first major review of the workings of all 127 local law societies in England and Wales. The commission will examine the role and function of local law societies, including the 12 regional law societies, with a view to ‘raising their status […]

Solicitor advocates tackle wig issue head on

SOLICITOR advocates meet the Lord Chancellor this week to put their case for wearing wigs. The Solicitors’ Association of Higher Court Advocates and the Criminal Lawyers Solicitors Association are calling for court-room equality. But some senior members of the Bar remain opposed to any change which would erode barristers’ distinctive dress. Lord Mackay issued a […]

In brief: Chris Latter

Lawyers and staff at City firm Berwin Leighton are mourning the loss of corporate partner Chris Latter who died on 13 January. The firm says the partner, who was 43, had been ill since Christmas following a major operation in the autumn. Latter joined the firm in 1986 and the firm says he will be […]

Laserform joins in to form user group

Fennell Betson reports The Laserform users group being set up will be a lobby group as much as a traditional users’ body, predicts James Mackintosh, former chair of the Society for Computers & Law. Mackintosh recently chaired a meeting at the Law Society in London which was organised by the supplier of computer generated forms […]

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