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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 Lawyer Inquiry: Moni Mannings

Born in London in 1963, Moni Mannings was called to the Bar in 1984 and requalified as a solicitor in 1988. She is a senior assistant in the banking and capital markets department at Simmons & Simmons. What was your first job? Manning the school secretary’s phone during lunchtime, two days a week, aged 10. […]

Society set to end scale fees fight

THE PRESIDENCY and the Law Society Council appear set to bury their differences to push forward measures to end the slump in conveyancing fees. Consultation on plans to withdraw indemnity fund insurance from firms which undercut minimum set conveyancing fees, promoted by Law Society vice-president Robert Sayer, looks set to go to the profession in […]

Simon Stokes reviews the major case law involving all things IT

Simon Stokes is a solicitor in the media & technology group at Manches & Co. To the non-specialist the subject of computer law may appear unrewarding: a world of source codes, functionality, fourth generation languages and other impenetrable jargon. In fact it is a field where various legal disciplines merge: data protection, intellectual property law, […]

Tests to weed out trainee surplus

AN APTITUDE test for would-be solicitors to be taken before training has emerged as the favoured presidential device for reducing the profession’s trainee surplus. Law Society vice-president Robert Sayer appears to have plumped for non-academic personality tests as the best way to deal with what he and president Martin Mears identified during the presidential elections […]

No such thing as a sure-fire win

The legal department at Derbyshire County Council was caught out by the national media furore which declared the centuries-old tradition of displaying goods outside a greengrocers illegal. The department thought its magistrates court action against Ilkeston greengrocer Brian Godfrey, after he ignored a request to stop displaying his stock on the pavement, was a routine […]

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