Planning for Asia

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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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Morgan Bruce fills up with BP deal

OIL company BP has struck a property deal which gives Welsh firm Morgan Bruce the legal work for nearly 1,000 filling stations, distribution depots and other commercial premises. Morgan Bruce will take on two senior in-house property lawyers from BP Oil UK in what amounts to a major expansion for the firm. David Rosmarin will […]

LCD faces shutdown over IT tenders

ESSENTIAL computer systems in the Lord Chancellor’s Department, Courts Service and the County Courts could be switched off by staff this week in protest over a £60 million IT privatisation plan. Tendering by the LCD is already under way, with four large computer service companies shortlisted, including General Motors subsidiary EDS, once owned by US […]

The age of electronics

As an international firm, Lovell White Durrant has bank accounts with 20 different banks around the world. In the UK, banking is split between two banks, which provide us with almost all services. This allows the firm to pick the provider of each service, choosing whether we benefit from the method used to provide the […]

Fisher Meredith shows its wares on the buses

Solicitor Eileen Pembridge’s firm, Fisher Meredith, has launched an advert- ising campaign on buses for its twentieth anniversary. “Twenty years of serving the community,” says the advert for the London legal aid firm which is being carried on buses running up and down 11 bus routes. Pembridge, senior partner at the firm and unsuccessful Law […]

Be nice to the banks

Pity the poor banker. In the game of life he aspired to be a player, maybe even the scorer. Instead, all does is provide the kit. If this wasn’t bad enough, he incurs everyone’s wrath whenever he wants his ball back. I like banks and bankers. They are always nice to me and, as a […]

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