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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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Jan Birtwell: O’Melveny & Myers

What’s the best thing about your job?The people and the excitement of an opportunity to build a business. What was your first-ever job?Working in a chemists – very informative for a naive Northern girl. What was your worst experience as a trainee?Informing beneficiaries of Lord So-and-So’s will, who had worked for him all their lives, […]

Europe honours Sudanese lawyer

The European Parliament has taken a stand on the Darfur conflict, awarding its prestigious Sakharov Prize for Freedom of Thought to Sudanese human rights lawyer Salih Mahmoud Osman. Osman, who is from Darfur, won the e50,000 (£35,900) prize in recognition of the legal aid work that he has carried out on behalf of victims of […]

Bryan Cave seals Chinese alliance

Bryan Cave has strengthened its global network, launching an alliance with Chinese firm Alpha & Leader. The exclusive affiliation means Bryan Cave will be Alpha & Leader’s preferred counsel for US matters for its offices in Beijing, Hong Kong and Shanghai, with Bryan Cave instructing Alpha & Leader on local law issues. Bryan Cave, which […]

Herbies reshuffles competition team

Herbert Smith’s long-standing EU/competition head Jonathan Scott has stepped down from the role with partner Elizabeth McKnight set to take over at the beginning of January. Scott, who has headed the group for the past 12 years, said he felt that after four terms in the role the time was right to step down. He […]

First female chief for Wragges London

Wragge & Co will appoint its first female managing partner from the beginning of next year when Nicola Mumford takes over from Paul Howard as head of the London office. Mumford, a senior dispute resolution specialist, was the natural choice to manage the seven-year-old office in the capital. “She’s very London-centric and has spent more […]

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