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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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Eversheds' administrator faces pensions charges

Eversheds’ Newcastle-based employment services company is being prosecuted by the Occupational Pensions Regulatory Authority (Opra) for making late payments into its company pension scheme. The company, EIW Services (North East), will appear before Newcastle upon Tyne magistrates on 24 September charged with failing to pay employee earnings to the trustees of two pension schemes within […]

In brief: The Solicitors Family Law Association

The Solicitors Family Law Association has announced that 87 of the 130 members who applied for accreditation under its new scheme have succeeded. To qualify practitioners need to pass an examination, spend more than 550 hours a year on family work and be qualified for at least five years. The results were welcomed as evidence […]

In brief: Kent Jones and Done

Kent Jones and Done in Stoke-on-Trent has recruited a partner to its corporate and commercial department from Pinsent Curtis. Andrew Tyrer was previously a senior associate at Pinsents.

In brief: Paisner & Co

Paisner & Co has increased its fee earning staff by 12.5 per cent in the past three months, bringing the fee earning total to 155. The firm poached solicitors from Berrymans Lace Mawer, Berwin Leighton, Coudert Brothers, Garretts, SJ Berwin and Theodore Goddard as part of an expansion drive.

Stephenson Harwood adises on collision

Stephenson Harwood, Clyde & Co and Ince & Co are attempting to unravel the mass of claims flooding in following last week’s shipping accident in the Channel. Cruise liner Norwegian Dream, owned by Norwegian Cruise Lines, was in collision with Ever Decent, a cargo ship owned by Evergreen Marine Corporation, which was carrying toxic chemicals. […]

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