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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 […]

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DLA Piper private equity co-head joins Hill Dicks

DLA Piper’s joint head of private equity Darryl Cooke is to leave the firm to head up Hill Dickinson’s Manchester corporate practice. Cooke, who has also served as DLA Piper’s UK regional private equity head, is known for representing private equity institutions and corporate clients on management buyouts, IPOs and mergers and acquisitions. He also […]

Dorsey & Whitney hires EC head of tax

US firm Dorsey & Whitney has hired a key tax official from the European Commission to bolster its UK contentious tax team. Paul Farmer will join Dorsey’s London office as a partner from the Commission, where he was head of analysis and co-ordination of tax policies. Prior to working at the Commission, Farmer was a […]

Bakers partner joins Barclays Wealth

Baker & McKenzie private banking partner Jonathan Burt has joined Barclays Wealth as a senior wealth adviser. Burt will join the offshore and private banking arm of the financial service powerhouse in January 2008. The former Bakers partner was based in the City office for seven years, where he focused on private banking. Barclays has […]

Parish’s actions speak louder than his words

09-Nov-2007Parish’s actions speak louder than his wordsBack in February Norton Rose’s banking chief Stephen Parish lashed out at rival firms following a disastrous week in which Ashurst poached his head of energy in the Middle East and Herbert Smith took two of his finance partners. Back in February Norton Rose‘s banking chief Stephen Parish lashed […]

Pinsents and SJB set for £200m turnover

At the half-year stage Pinsent Masons and SJ Berwin are both on course to break the £200m barrier by the end of the financial year. Pinsent Masons performance for the first six months of its financial year saw turnover grow 10 per cent on the same period last year to hit the £100m mark for […]

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