Roy of the ruckers

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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

I’m a Brummie innit Geez

At the inaugural Birmingham Law Society Awards a couple of weeks ago, Tulkinghorn was entertained by a coterie of boisterous Brummies. Tulkinghorn holds no truck with the award winner, who muttered “What a joke” when stepping off the stage to a round of enthusiastic applause. It was a splendidly chaotic evening, finishing with Birmingham’s legal […]

Andersen Luther, E&Y to merge

Andersen Legal’s German legal arm Andersen Luther has voted in favour of a merger with Ernst & Young Ernst & Young voted this weekend and Andersens is expected to announce an agreement in principle in the next few days.The merger will create a link-up between Andersens and Ernst & Young’s associated firm Menold & Aulinger […]

Time limit for negligence claims restored by Lords

Beachcroft Wansbroughs scores victory as Appeal Court’s 1999 decision overturned Law firms and their partners can breathe a sigh of relief. The threat of negligence claims coming years after the negligent advice was given has been abated by a House of Lords decision. The ruling, made last week, restored the limitation period determining how far […]

Opinion

Just over one year on from the implementation of the New Electricity Trading Arrangements (NETA) in the England and Wales wholesale electricity market, discussions are now focusing on the success of the arrangements and their impact on market participants.NETA was intended to encourage greater competition in the electricity market, drive down prices, promote market liquidity […]

Commission fronts plans for European enforced debt order

The European Commission has proposed a regulation that would force courts and other judicial authorities across the EU to recognise an uncontested order secured by a creditor for the recovery of owed money held in another member state It is the first solid legislation framed by the commission under a broad policy to promote the […]

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