Triumph and tiaras

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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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shanghai

China: Metamorphosis

Economic growth is cooling but China’s legal market shows no sign of slowing, with some leading firms undergoing a profound transformation The Lawyer Asia Pacific 150 2014 research once again confirms China’s pre-eminent position among the region’s legal markets. This year, 35 Chinese firms made it into the top 100 independent firms table, with five […]

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South-East Asia: flavour of the month

Local ASEAN firms are expanding, while the internationals also want a taste of the action promised by the planned regional economic union As global investors diversify away from its northern neighbour China, the South-East Asia market is the new favourite. Fuelled by increasing foreign investment and a promising single economic community proposed by the Association […]

Matt Byrne

A Guide to your future

Yesterday a swathe of the great and the good of the UK legal market in the form of the judging panel for this year’s The Lawyer Management awards – along with yours truly – jammed themselves into a corner office at The Lawyer Towers to thrash out the shortlist. Thanks very much to all concerned, […]

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Cake or biscuit? The Scottish court decides

HM Revenue & Customs is forced to defend its policy of charging VAT on biscuits and not cakes in what is a tough taste challenge for the Scottish courts It wasn’t too long ago that retail giant Marks & Spencer (M&S) fought HM Revenue & Customs in the courts over the revenue’s historic decision to […]

Clifford Chance hits year-end on a revenue high

What better way to kick off a management stint at a top UK firm than to give partners the good news that revenue, net profit and PEP have reached an all-time high? Clifford Chance managing partner Matthew Layton, who took over in May from incumbent David Childs, has done exactly that. Today Clifford Chance became […]

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