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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

The ride of your life

Any lawyer who has visited Mipim will know that getting a taxi outside the Martinez Bar at 4am can be nigh on impossible. But perhaps next year they can follow the lead of one banker attending the conference this year. Apparently, the aforementioned banker, desperate to get home , had to take drastic measures. He […]

Going, going gong

Imagine the scene: you’ve just won one of the main prizes at a glittering awards bash; your celebrations are in full flight; your mates are congratulating you; your future is secure and life is sweet. Then BAM! You turn around and the worst has happened – someone’s nicked your gong. This was the drama that […]

Careers: people

Foot Anstey Sargent has strengthened its media team with the appointment of Nigel Hanson, who is qualified as a lawyer and journalist. The team has also just won work from Associated Newspapers. Edwards Geldard has appointed a new lawyer to its planning team in Derby. Stuart Sugarman joins the team from Oadby and Wigston Borough […]

Clementi: the results

Sir David Clementi has today (15 December) published his long awaited report on the regulatory review of legal services. In his report Clementi made the following key recommendations. The creation of : 1. a single independent body to handle consumer complaints in respect of all members of frontline bodies;2. alternative business structures to enable solicitors […]

MFI reviews legal panel to save £5m in adviser fees

MFI is pursuing a major review of its external legal advisers as the FTSE 250 furniture retailer moves to slash professional advisory fees by at least £5m. The retailer’s sole in-house lawyer Adrian Thurston confirmed to The Lawyer that MFI is keen to consolidate its advisers in the hope that it can strike a deal on fees. […]

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