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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

No competition

Co-operation, not competition, has been part of the valued and strong working relationship between The Solicitors Pro Bono Group (SPBG) and the Bar Pro Bono Unit since the SPBG was formed 18 months ago (The Lawyer, 22 March). Of course, differences between the two sides of the profession will affect how and when pro bono […]

Survey reveals threat to mid-sized sets

Medium-sized barristers’ chambers are being squeezed out of the profession, according to the most comprehensive survey ever of the Bar. Chambers with between 11 and 30 members are the most vulnerable with more sets in this category losing members than gaining them. Over 50 per cent of barristers switching sets moved to larger sets with […]

Hugh James shuffles pack after Ford Simey merger

Welsh firm Hugh James has shuffled its senior positions following its recent merger with Exeter-based Ford Simey. Matthew Tossell has become the managing partner of Hugh James Ford Simey. He replaces Cherry Wright, who is returning to fee earning. Senior partners have not escaped the reshuffle. Two senior partners have been replaced with a single […]

In brief: McDermott Will & Emery

McDermott Will & Emery has raided Baker & McKenzie for the second time this year, poaching top telecoms partner Stephanie Liston. Liston joins US firm McDermotts to head its European communications practice hot on the heels of Fraser Younson, Bakers’ former head of employment, who joined the firm in March.

JP Morgan moves out to give Bakers more room to grow

Global firm Baker & McKenzie is expanding its London office and is set to take over the whole building it currently shares with investment bank JP Morgan. Baker & McKenzie will become the sole tenant at 100 New Bridge Street under an agreement with its landlord, British Land. Russell Lewin, Baker & McKenzie managing partner, […]

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