Thomas Eggar set for revenue hike

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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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Tax is the way to relax

Overheard, one not-at-all jealous partner talking about his tax counterparts: “And they all retire at 43 because they know how to put their money to use.”

Lords hands government second terror defeat

Birnberg Peirce, Birmingham firm Tyndallwoods and a host of barristers led by Matrix Chambers’ Ben Emmerson QC have scored a historic victory in the House of Lords over the use of evidence gained through torture. This morning (8 December) the Lords unanimously found that evidence that has been obtained through torture is inadmissable in UK […]

DWS doubles its presence in Abu Dhabi

Denton Wilde Sapte (DWS) is ramping up its Abu Dhabi office in order to respond to the huge investment into the city by the sheikhdom’s government. The firm is set to double the size of its Abu Dhabi practice from seven to 14 by the end of the year. Asset finance specialist Owain Jones is […]

A bevvy of Brits

News has reached Tulkinghorn recently that several of Morrison & Foerster‘s US partners were shocked by their London partners’ staggering capacity for alcoholic consumption during a recent party. Clearly they need to spend more time in the UK.

Financial services

Today’s financial services market is a vastly different animal from that of only a few years ago. The mortgage and insurance markets now fall within the remit of the FSA, while the Pensions Act 2004 has seen the replacement of the Occupational Pensions Regulatory Authority by the more powerful Pensions Regulator. However, the FSA’s Enforcement […]

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