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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

McDermott raids Bakers for securitisation push

McDermott Will & Emery is set to land Baker & McKenzie securitisation partner Paul-Michael Rebus for its London office. Rebus was Bakers’ first London securitisation partner when he joined as a senior associate from Cadwalader Wickersham &Taft in 2004. Bakers has since ramped up its London securitisation practice follwing its raid on Norton Rose last […]

Lupton Fawcett nets Gordons partner

Lupton Fawcett nets Gordons partner” />Leeds-based commercial firm Lupton Fawcett has bagged the head of insolvency at Gordons. David Smyllie joins his new firm as a director and will work in the insolvency and corporate recovery department. Before joining Gordons, Smyllie was a partner at DLA Piper Rudnick Gray Cary, where he was responsible for […]

Fladgates suffers rare departure

Fladgate Fielder has suffered a rare partner departure with property specialist Adrian Leavey joining Trowers & Hamlins. The hire grows Trowers’ commercial property group to 11 partners. Leavy had been a partner at Fladgates for two years after being at CMS Cameron McKenna for six years. Trowers’ property practice accounts for nearly half of the […]

Teare becomes fourth new High Court judge this year

Quadrant Chambers’ head Nigel Teare QC is to become the newest High Court judge, the Department for Constitutional Affairs (DCA) announced yesterday (31 July). Teare’s appointment follows the recent announcement that Mr Justice Leveson has been promoted to the Court of Appeal after the retirement of Lord Justice Brooke. He is the fourth High Court […]

Gambling Commission counsel gears up for act

The UK Gambling Commission’s new general counsel Neil McArthur has vowed to start preparations to ensure a smooth transition in preparation for the UK Gambling Act, which is due to come into force in a little over a year. McArthur said his priority is to meet with Government officials, gaming companies and gambling charities to […]

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