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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

Shearmans ramps up white collar practice

Shearman & Sterling is expanding its international white collar crime practice by taking on Connecticut’s top federal prosecutor for the New York office. Stephen Robinson will become a partner in the litigation group, specialising in white collar criminal defence work and client-related internal investigations. Before becoming a US attorney, Robinson was chief compliance officer at […]

Outmoded laws? Never

Calling all lawyers: the BBC is researching a light-hearted programme on arcane and unusual laws in the British Isles and needs your help. It is interested in any old laws that are curious, outlandish, endearing, strangely enlightening or just plain dated. These might be old regional oddities or modern classics, such as European directives that […]

Brief encounter: Anthony collins solicitors

Next year’s president of the Law Society will be Anthony Collins. The licensing specialist founded Anthony Collins Solicitors 27 years ago, where he is now senior partner. Then it was just Collins himself and a secretary, whereas today there are 160 people working for the Birmingham-based firm, 17 of whom are partners, with a further […]

Singapore slingbacks

If the Honourable Michael Beloff QC wasn’t getting enough stick already for regressing on his “present intention” to join set-of-spin Matrix Chambers for his former home at Blackstone, he is now getting it in the neck for his dress sense. In a recent interview The Times, (20 April) Beloff’s so-called friend Jeffrey Archer named Beloff […]

Corporate

So Clifford Chance is targeting corporate finance, which raises the obvious questions of why and how. Clearly, lots of strategy meetings telling partners they have to do more corporate finance is not going to change the face of the M&A market. If you’ve got any partners who don’t know that if you cross-sell you get […]

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