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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

Book of the week

Invisible Women by Angela Devlin. Gives a disturbing account of life in women’s prisons based on interviews with the prisoners themselves. Published by Waterside Press, Winchester.

Wilde Sapte appoints CC aviation man

Wilde Sapte has appointed aviation specialist Brett Hailey, formerly at Clifford Chance, as a partner in the asset finance practice. The moves follows the recent departure from Wilde Sapte of asset finance partners David Smith and Mario Jocovides to Allen & Overy.

Dublin-Chicago link gives rise to US first

Dublin law firm McKeever Rowan has affiliated its 11-lawyer practice with 200-lawyer Chicago-based law firm Schiff Hardi & Waite giving the firm the honour of becoming the first US law firm to have an office in Ireland.

Barings settlement remains unsettled

The grand Barings settlement plan, agreed this spring after two years of conciliation by the City Disputes Panel, was delayed last week when a group of investors said they had not made up their minds. Three groups of bondholders were to vote on the deal under which they would receive a proportion of their original […]

Open justice? Not in the county court

Restrictions on access to county court documents strike at fundamental tenets of English law, says Rupert Grey. Rupert Grey is joint senior partner of Crockers Oswald Hickson. Open justice is one of the fundamental principles of the English legal system. It should operate to ensure that the media can freely report court procedures and related […]

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