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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

Top sets combine IT resources

LONDON’S largest chambers, Hardwicke Building, has joined forces with 9 Bedford Row to recruit what is believed to be the Bar’s first ever full-time chambers IT manager. Former London University Astrophysics Department System Manager, Dr Basil Drolias, took up his new post at the beginning of the year, working three days a week at Hardwicke […]

In brief: Exodus of three from Fladgate Fielder

Fladgate Fielder is set to lose three senior members from its institutional property team to Charles Russell, following disagreements over strategy. All three, Lynn Povey, Ian Fisher and Juliusz Wodzianski, are partners. No date has yet been set for their departure.

Litigation Disciplinary Tribunals 3/2/98

Rebecca Elvira Jones, 40, admitted 1983, practising at material time as assistant solicitor in firm of John Hodge Nichols Strickland in Queen’s Square, Bristol, and subsequently employed by Avon County Council and Bristol City Council, fined £1,000 and ordered to pay £943 costs. Allegations substantiated she failed to reply to letters from other solicitors and […]

A tax cloud with a silver lining?

Michael Simmons says planned tax changes for the legal profession will pose problems but will also present opportunities. Michael Simmons is a partner at Finers. The Inland Revenue’s insistence on equal tax treatment of professional partnerships with corporate business ignores certain realities. The search for a level playing field could have damaging consequences. Every system […]

In brief: Stell promoted to managing partner

Bradford solicitors Last Cawthra Feather partner Simon Stell (pictured right), has been appointed as managing partner of the firm. Stell joined Last Cawthra Feather last February from Hammond Suddards, where he was a partner in the litigation department.

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