Osborne Clarke boosts fee income 18 per cent

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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

Singapore review group says no to full liberalisation of legal market

Following recommendations by a review committee to the government, Singapore is not expected to give the go-ahead for a full liberalisation of the country’s legal services sector. The review outlines proposals for a period of three to five years and covers all aspects of the local legal scene. Recommendations are understood to have been made […]

BLG scoops Fladgate head of employment

Fladgate Fielder head of employment Adam Lambert is to join Barlow Lyde & Gilbert’s (BLG) employment practice. Against a background of slow growth, BLG’s employment practice has doubled its turnover in the last 18 months. Lambert said his decision to leave Fladgate Fielder came “because it is an opportunity not worth turning down”. Earlier this […]

Olswang to make 10 redundant in real estate

Olswang is set to make 10 people redundant from its real estate department. Olswang announced today that it is restructuring its property practice, a move which has resulted in consultations that are expected to lead to five associates and five secretaries losing their jobs. A firm released a statement, which said: “Olswang is restructuring its […]

FFW grows derivatives with Citigroup head

Field Fisher Waterhouse (FFW) has boosted its derivatives practice with the hire of Joseph Carrico, the former head of legal services for trading at Citigroup. The move is Carrico’s first step into private practice after a 19-year in-house career at a number of banks. Carrico said: “I’d been interested in a move to private practice […]

Lord Goldsmith urges increase in pro bono work

The former attorney general Lord Goldsmith has called on law students and lawyers to make pro bono an inherent part of legal professional life. Goldsmith, who recently joined US firm Debevoise & Plimpton, said pro bono is “not an add-on to professional life, but an inherent part of it”. “The core responsibility of a lawyer […]

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