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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

White & Case leads fresh assault on German market

White & Case partners have voted overwhelmingly in favour of merging with German firm Feddersen Laule Ewerwahn Scherzberg Finkelnburg Clemm – marking the first major assault on the German market by a US firm since Shearman & Sterling moved in in the early 1990s. As a result of the move, White & Case will rank […]

An exercise in integration

The Düsseldorf office of Bruckhaus Westrick Heller Loëber needed some permission to vote for the merger with Freshfields. Catrin Griffiths analyses the problems that inevitably arise when two firms of very different cultures merge So Freshfields has won the prize which Clifford Chance, Herbert Smith and Shearman & Sterling had so assiduously courted. Yet among […]

Lathams opens in Virginia as part of high-tech boom

US firm Fried Frank Harris Shriver & Jacobson is adding an extra dimension to its national securities and enforcement practice with the appointment of a former Securities and Exchange Commission (SEC) director. Carmen Lawrence will join the New York Office as a partner on 1 September. Washington practice head Dixie Johnson and Lawrence will jointly […]

Don't fust the profession

The suggestion reported in The Times on 12 June that solicitors who have obtained higher courts advocacy certificates should be admitted as members of the Inns of Court should be strongly opposed. Any solicitor wishing to become a member of any of the four Inns has only to be called to the bar and surrender […]

Case of the week

Superintendent Ray Mallon, the pioneer of zero tolerance policing in the UK, has learned that he will not face criminal charges after a £5m investigation into how the so-called ‘Robocop’ squad got information from the Teesside underworld. Mallon, whose drive against petty crime and anti-social behaviour has influenced Home Secretary Jack Straw’s own liberal pronouncements, […]

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