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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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Smacking ban protest

TWENTY Christian head teachers are appealing to the European Court of Human Rights against the Government ban on smacking, on the grounds it infringes “religious and parental” rights. The Mirror

Mishcons' partner joins Speechly

MICHAEL Gleeson, former head of insolvency at Mishcon de Reya, has been snapped up by City firm Speechly Bircham. The Lawyer reported in November that five partners, including Gleeson, were set to leave Mishcons. At the time, Gleeson was in discussions with a number of firms. The Mishcons exodus follows restructuring and the implementation of […]

Welsh lawyers give support for plan to break away from 'English' Law Society

SEVENTEEN regional Welsh law societies are ready to sever links with Chancery Lane and form an independent Law Society of Wales. Umbrella group the Associated Law Societies of Wales (Aslow) is consulting the 2,000 solicitors in the principality on whether they want to reform the present Law Society structure, or break with England altogether. Although […]

Trowers & Hamlins raises Oman stakes

CITY firm Trowers & Hamlins is moving to bigger offices in Oman as competition in the Gulf hots up. The move comes as Baker & McKenzie announced plans to open an office in Bahrain, as exclusively revealed last week in The Lawyer, and Denton Hall this week opened for business in Dubai. Nick Hills, Trowers […]

The Lawyer Inquiry: Barry Lewis

Barry Lewis was born in London in 1940. He is a partner at Edward Lewis, London. What was your first job? Solicitors articled clerk, closely followed by labourer at Chicago Worlds Fair 1960. What was your first ever salary as a lawyer? u2,000 a year. What would you have done if you hadn’t been a […]

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