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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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Moscow office builds up Lovells' eastern muscle

City firm Lovell White Durrant is to strengthen its Central and Eastern European practice by becoming the latest Western firm to open for business in Moscow. The practice was given the go-ahead by the Russian Ministry of Justice earlier this month, and plans to be up and and running as soon as May this year. […]

Election fever makes me ill

The prospect of more Law Society elections fills me, and I dare say many others in the profession, with dread. I am haunted by the thought of more ramblings from our friends at Chancery Lane in the months to come as they compete for the throne, and I am rapidly coming around to the thought […]

The Law Society has refused to support a plan by Conquest Legal Marketing

The Law Society has refused to support a plan by Conquest Legal Marketing to establish 150 solicitors property centres within two years. Last week, the legal marketing company announced a joint venture with the US title insurance company Stewart Title to set up a chain of property centres. But in a private session, the Law […]

In brief: Magistrates Court staff force pay U-turn

Hundreds of staff at the Inner London Magistrates Court will receive a 3.3 per cent pay rise after a strike ballot forced a U-turn on government ministers. Gary Streeter, parliamentary secretary to the LCD, had previously blocked the pay rise, which unions had agreed with the local courts management. But after a strike ballot, organised […]

In brief: Stone appointed dean at Inns of Court

A 46 year-old professor who specialises in civil liberties has been appointed principal of the Inns of Court School of Law. Richard Stone replaces the current dean, Mary Phillips, on 1 September. Previously dean of Nottingham Law School at Nottingham Trent University, Stone is a distinguished academic and the author of six books and several […]

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