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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

Law Soc may foot u50,000 bill

THE LAW Society could face a u50,000 bill after the Solicitors Disciplinary Tribunal threw out a misconduct case against an assistant solicitor. The tribunal took the unusual step of ordering the society to pay costs after accepting a submission of no case to answer during the hearing. Michael Carroll, of Wilson & Co, was cleared […]

In brief: Harper Daniel Wedd splits

Sussex firm Harper Daniel Wedd has split up. Partners Steve Wedd and Leona Daniel have formed a new firm Wedd, Daniel based in Brighton. Alistair Harper has formed Harper & Co based in Haywards Heath. Wedd says the partnership was dissolved following differences of opinion about how it should be run.

Financings

MY Holdings was advised by Clifford Chance on its u24m rights issue

GOING IT ALONE

Ten years ago it would have been impossible to have set up a successful practice on your own without a full time secretary/receptionist (and the accompanying burdens of Paye and national insurance), a minimum of two offices and probably also a small conference room for meetings. However, recent technological developments and the introduction of the […]

Berensons treads carefully with system upgrade

Fennell Betson reports Kensington-based Berensons, the legal practice run by Conquest legal network chair Richard Berenson, has made a modest u12,000 investment in its IT system. The aim was to get better results from its existing system. Berenson says the firm did not want to spend heavily on IT as it was waiting to see […]

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