Pension problems under scrutiny

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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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Mediating the wrong way

I was recently speaking to one of my matrimonial clients who gave me her own perspective on mediation (having had six or seven mediation sessions with her husband). She said that when she was living with her husband, he used to shout at her every night for two hours. She is no longer living with […]

Environmental law needs clean-up

Vincent Sen says the property industry must take action to counter the legal fudge surrounding contaminated land. Vincent Sen is managing director of ICC Site Search. Since July 1995, when the Environment Act received royal assent, the property industry has been pushing for legislative clarification of contaminated land liability. The Government’s recent proposal to reduce […]

One more leaves 5 Bell Yard

Leading aviation barrister Giles Kavanagh has quit top aviation set 5 Bell Yard to join Barlow Lyde & Gilbert, bringing the number of departures from the set’s aviation group this year to six. Kavanagh, who has been with 5 Bell Yard for all of his 14 years at the Bar, will retrain as a solicitor […]

Higher PI awards for lower returns

Personal injury lawyers face a significant reassessment of claims following a landmark Lord’s ruling, writes Roger Pearson. The recent trend for Irish theme pubs will be at the centre of an important licensed industry dispute scheduled for the High Court in October. Mr Justice Collins gave Philip Cropley, director of leading West Country theme-pub chain, […]

Better the devil you know

If insurance companies are happy to offer extended coverage, why not for the first £1m in coverage currently offered by SIF? A left-wing wit once observed that the reason Margaret Thatcher won so many elections was because “at least you always knew where you were with her”. The Solicitors Indemnity Fund’s (SIF) survival beyond the […]

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