PI pilot rebuke

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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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Euro division

Investors must understand the implications of the euro before they can reap the benefit, say John Cronin and Fergus Gillen. John Cronin and Fergus Gillen are solicitors at McCann FitzGerald. On 1 January 1999, Ireland will be one of the 11 member states that will substitute its existing currency for the euro, thus participating in […]

Will Mears stand yet again?

Former Law Society president Martin Mears is understood to be considering standing once again for the presidency in this summer’s elections. If Mears does stand it will be his fourth successive contest following victory in 1995 and defeats by Tony Girling and Phillip Sycamore in the last two years. However, there is speculation that Mears […]

Law Society's big joke on small firms

Dugald Sproull is senior partner at Sproulls Solicitors in Cornwall. Dugald Sproull speaks out on behalf of the high street firm, and gives out a warning that, unless the cries for the plight of the smaller practice are heard, it may become a dying breed. I suspect there is a secret agenda to put the […]

Naming and shaming

Martin Bowley QC thinks that the Government should put its own legal team in order before attacking other lawyers. Martin Bowley QC is barrister at 36 Bedford Row. It is difficult to decide whether the Lord Chancellor Department’s (LCD’s) recent attempt to “name and shame” lawyers and firms who have received substantial sums from the […]

Commercial cream of the crop

When selecting a dream team, some players are always first to be picked. But what of their support? Mike Yuille reports. Mike Yuille is a freelance journalist. In a solicitor’s fantasy counsel team, some names are bound to be first choice. Of these, the most frequently mentioned is Jonathan Sumption QC of Brick Court Chambers. […]

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