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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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Jakarta

WongPartnership follows Myanmar entry with Indonesia deal

Singapore firm WongPartnership has extended its South-East Asia footprint by sealing a strategic alliance with Indonesian firm Makes & Partners. The move comes just weeks after the firm entered Myanmar with a June office launch (23 June 2014). WongPartnership is now present in four of the countries that make up the Association of Southeast Asian […]

Beijing

Pillsbury taps Paul Hastings for Beijing office launch

San Francisco firm Pillsbury has launched a Beijing base after taking a two-partner team from US rival Paul Hastings. Corporate and securities lawyers David Livdahl and Jenny Jia Sheng, who are also admitted to practise in California and New York respectively, are expected to bring three associates across with them. In addition to his work […]

glasgow scotland
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Harper Macleod joins forces with Bird Semple to create £23m firm

Scotland’s Harper Macleod is to take over Glasgow-based private client boutique Bird Semple, creating a £23m firm in the process. The deal, which was signed earlier this month and will go live on 1 September, is set to add £2.1m to Harper Macleod’s 2013/14 turnover figure of £21m and bring its partner headcount to 56. […]

No5 team set to take part in Bristol Legal Walk

No5 Chambers has entered a team in the Bristol Legal Walk, which is taking place on 22 September 2014. The Bristol Legal Walk began in 2011. This year, Nick Fluck, president of the Law Society, Ashley Palminteri, president of the Bristol Law Society, Lord Lieutenant, the High Sheriff, and the Lord Mayor will lead the […]

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