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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

Property

Berwin Leighton acted for Prudential Assurance in the £90m acquisition of The Grafton Centre, Cambridge from Mercury Asset Management and Grosvenor Developments, advised by Nabarro Nathanson.

Will the law really protect our rights?

John Wadham considers the Government’s commitment to human rights and compares Canada and New Zealand’s methods of incorporating human rights into domestic law. John Wadham is director of civil liberties group Liberty. The Government’s proposal to incorporate the European Convention on Human Rights is of constitutional significance. For the first time the right to privacy, […]

Law Soc seeks OFT fees probe

The Law Society is to ask the Office of Fair Trading (OFT) to consider if the three law firms involved in Hambro Countrywide’s in-house conveyancing service are acting in an anti-competitive manner by jointly offering a flat fee of £350. The society said it was not reporting Eversheds, Shoosmith & Harrison and Middlesex firm EDC […]

Morgan Lewis & Bockius brings English partner number four into London office

US firm Morgan Lewis & Bockius has continued with its “planned expansion in London” by recruiting its first commercial property partner, Step- hen Turner, who has left London firm Lawrence Graham where he was a partner. Turner, who also works on environmental matters, joins the firm as an an international partner. He will be the […]

In brief: Veale Wasbrough plans all-week service

Bristol law firm Veale Wasbrough has launched a seven day a week residential conveyancing service. The service, called Convey Direct, will open for 12 hours from 8am on week days as well as from 10am to 4pm at the weekend. The phone-based system will be manned by 25 staff working on a shift basis. The […]

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