Time for honesty over the use of taxpayers' money

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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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Cultural and legal diversity is worth more than the tourist trap

Martin Bowley QC says that conventions offer an ideal opportunity to gain a fresh perspective of the issues that concern the profession Flying transatlantic last week on my way back from my eighth ABA annual meeting in Toronto, I pondered Chris Fogarty’s question in The Lawyer: “What’s in it for legal convention freaks like you?” […]

It has been a bad week for:

The Legal Action Group, which has so far failed to find a replacement for its director, Roger Smith, who has left the group to join the Law Society as head of education and training. Finding someone with Smith’s ability to manage the group, as well as being a high profile figurehead, is proving a difficult […]

In brief: Moorhead tops Young Solicitors' Group poll

The Young Solicitors’ Group has elected Richard Moorhead (pictured right) and Sara Chandler as its chair and vice-chair, respectively. Moorhead is to be a research fellow at the Institute of Advanced Legal Studies from September. Chandler is a solicitor at legal aid firm Hanne & Co.

Insolvency fees report falls short of radical solutions

Mr Justice Ferris’s long-awaited report on insolvency fees has stopped short of imposing radical changes on the insolvency profession. Judge Ferris was tasked with setting up a working party to look at the issue after mounting public and judicial concern at the level of fees charged in insolvencies – sometimes taking up nearly all the […]

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