Principles v rules: the big debate at the Financial Services Authority

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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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Linklaters adds arbitration muscle in Paris

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Former Bakers chief named French finance minister

Baker & McKenzie‘s former chairman Christine Lagarde has been promoted to finance minister in Nicolas Sarkozy’s French government, the first woman to hold the post in the country. Lagarde left Bakers in 2005 to become the French minister for foreign trade. On the formation of Sarkozy’s government a month ago she was given the position […]

Crying over spilt milk

Disaster struck Baker & McKenzie‘s London office last week when, according to a desperate message, all of its copies of The Lawyer were ruined in a freak milk spillage accident. The firm’s librarian called, understandably devastated by the accident (Tulkinghorn assumes it was an accident) that had left the batch unreadable. The librarian pointed out […]

Stephenson Harwood trains partners to communicate with trainees

Stephenson Harwood has launched a partner training scheme in a bid to strengthen relationships between partners, associates and trainees The firm’s Partner Development Programme (PDP), which began last month, involves intensive training at Cambridge University’s Judge Business School, in order to improve interpersonal and communication skills. The three-day course focuses on leadership skills, how to […]

Return to slender

Even if you have a short holiday, the office can change quickly and be quite a different place by the time you come back. Freshfields IP head Avril Martindale may have that feeling when she gets back from her sabbatical in September. She will return to an IP department with at least two fewer partners […]

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