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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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Uni of Law’s Savage calls on SRA to focus on quality of legal practice courses

Regulators should flood legal practice course (LPC) providers with crack teams of monitors to boost teaching standards, says a leading academic amid fears that quality is slipping and students are being shortchanged. The call from the head of the University of Law coincides with a riposte from the two biggest LPC providers to claims from […]

Stockholm

Sweden’s Mannheimer strengthens employment with Linklaters hire

Sweden’s largest firm, Mannheimer Swartling, is boosting its employment team with the hire of Linklaters’ local employment head Anders Nordstrom. Nordström has been a partner and head of the Nordic employment team at Linklaters since 2001, and has also headed the firm’s Swedish litigation group in the past. He advises the state and corporates on […]

Challenge to fees charged by lenders in the Czech Republic

Over the last few months, the lawfulness of certain fees charged by Czech retail lenders to their borrowers has been challenged. Tens of thousands of customers have reportedly claimed that fees they paid should be refunded. Several first-instance decisions have been issued that ruled that fees were charged unlawfully and should be refunded. These decisions […]

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