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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

In brief: Experts elude solicitors, reveals survey

Fifty per cent of solicitors who instruct expert witnesses have difficulty locating the right person, according to the results of a Law Society survey. The survey, which marks the launch of the society’s Directory of Expert Witnesses, contacted 300 solicitors to find out more about the use of expert witnesses. According to its findings, 90 […]

Bar tackles property division

THE PROPERTY rights problems faced by unmarried cohabitants on the break-up of relationships have been highlighted by the Chancery Bar Association. At a workshop in Lincoln’s Inn, members of the association attacked the current law relating to homesharing. The session was organised by the group as its contribution to a review of the law being […]

Sexism still rife, survey says

FEW female solicitors appear to support Law Society president Martin Mears’ comments that the Equal Opportunities Commission has outlived its usefulness, according to a survey on sexual discrimination. The survey of 378 female solicitors in UK firms, conducted by legal recruitment consultants Daniels Bates, found that only 30 per cent thought they had the same […]

Fixer makes way for family man

THE PRIME MINISTER announced the appointment of a new parliamentary secretary to the Lord Chancellor’s Department on the eve of the controversial Family Law Bill’s second reading. Jonathan Evans, MP for Brecon and Radnor, is stepping into his role at a stormy time for the department. Listing “family law” as one of his political interests, […]

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