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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: Boyes Turner & Burrows

Boyes Turner & Burrows, based in Reading, has made property specialist Mark Appleton a partner. Appleton joined the firm in 1997 as an associate and has since gained a Special Diploma in Landlord and Tenant Law.

Minister hedges bets on CFA plan

NOT SO long ago I asked the Lord Chancellor’s minister in the Commons, Geoff Hoon, one of my gentle questions. It was a written question so it did not have to be answered off the cuff. In line with the usual procedure, a draft answer was prepared by officials at the department and put to […]

In brief: Allen & Overy

Allen & Overy is being instructed by the Czech government on the sale of Czech bank CSOB. Two further bank sales will follow in the next year. The Czech telecommunications sector is to be privatised, with three consortia making bids. US firms White & Case and Squire Sanders & Dempsey have been appointed to advise […]

Jonathan Pickworth on conflicts of interest.

Jonathan Pickworth is a solicitor at Linklaters. The professional world received a shot across the bows in the recent House of Lords decision in Prince Jefri v KPMG [1999] 2 WLR 215. It was held that the erection of a “Chinese Wall” would not necessarily protect a litigant from the risk of inadvertent leakage of […]

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