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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

Stephenson Harwood boosts revenue by 23 per cent

Stephenson Harwood’s revenue has swelled 23 per cent to £38.6m for the first six months of the year. The firm, which made £31.3m in the same period last year, has seen its corporate practice take the lead with 63 per cent growth with other practices also experiencing double-digit growth. “We have continued to see a […]

FFW grows derivatives with Citigroup head

Field Fisher Waterhouse (FFW) has boosted its derivatives practice with the hire of Joseph Carrico, the former head of legal services for trading at Citigroup. The move is Carrico’s first step into private practice after a 19-year in-house career at a number of banks. Carrico said: “I’d been interested in a move to private practice […]

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Star performers report growth above 20 per cent

Ashurst, Bird & Bird, Herbert Smith, Nabarro and SJ Berwin are the star performers of the financial year at the half-year stage. All five firms have increased their fee income by more than 20 per cent during the first half of the year. Ashurst and Herbert Smith both increased revenue by 25 per cent while […]

TRIC shot

Last week (5 November), The Lawyer revealed news of Norton Rose‘s new international strategy to focus on Turkey, Russia, India and China. They are the TRIC countries, apparently, rather than the BRIC countries, which comprise the same ones, but with Brazil instead of Turkey. It’s been dubbed ‘New Horizons’, which is unfortunate. It merely adds […]

Heather Mills and Mishcons part company

Heather Mills has parted company with her divorce lawyer, Anthony Julius of Mishcon de Reya, a week after being dropped by her media spokesman Phil Hall. Mills is in the throes of a divorce from former Beatle Sir Paul McCartney. Litigation specialist Julius is known for representing high profile figures in divorce cases, having represented […]

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