People’s bank / citigroup

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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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Boodle targets private clients in restructure

Boodle Hatfield has appointed its first managing partner in five years as part of a major management overhaul. The 33-partner firm, which has offices in Oxford and London, has elected corporate partner Chris Putt to the role. Putt has been with the firm since 1994. In addition to Putt’s appointment, four partners will become business […]

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Churning out reams of case law to be followed by 15 countries, judges of the European Court of Justice (ECJ) have a never-ending and often thankless task. David Alexander Ogilvy Edward has been a judge at the ECJ since 1992 and at the Court of First Instance for three years prior to that. Despite his […]

Kennedys launches a second office in India

City firm Kennedys is opening a second Indian office, effectively doubling the size of its domestic practice. The firm plans to open an office in Mumbai, formerly known as Bombay, at the end of 2001. It will be staffed by one partner and up to five associates. The New Delhi office, which specialises in commercial, […]

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