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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

In brief: Sixth insolvency practitioner licence

Sinclair Roche & Temperley solicitor David Middleburgh has obtained his licence to act as an insolvency practitioner – only the sixth solicitor in London to take the title since the qualification criteria were tightened in 1989. Middleburgh, a commercial lawyer, has extensive experience of advising on corporate insolvencies, particularly on an international level.

Australian firm signs A&O's Walls

AUSTRALIAN practice Allens Arthur Robinson has appointed Allen & Overy lawyer Duncan Walls to head its London office. He will replace the current managing partner Jim Dunstan, who has run the London office for the past three years. Dunstan is returning to Sydney in March to run the banking department of Allen Allen & Hemsley, […]

In brief: Top job open for review commission

Advertising has begun for the post of chair for the Criminal Cases Review Commission, the new body set up by the Government to consider alleged miscarriages of justice. The commission will take over the functions of the Home Secretary and the Secretary of State for Northern Ireland, investigating possible miscarriages in criminal cases and referring […]

Homing in on the Web

Helen Sage reports International law firm Allen & Overy launched its own World Wide Web ‘home page’ on the Internet last week. Clients will be able to access information on legal services, current events and Allen & Overy publications. To complement the new service, the firm is producing a booklet for clients, called New Methods […]

Courts braced for budget cuts

CASH-STRAPPED magistrates courts face severe cost-cutting, redundancies and consequent damage to their service, if this autumn’s budget is as bad as predicted. Members of the Justices’ Clerks Society (JCS) say they have been tipped off by senior figures in the Lord Chancellor’s Department about spending plans. They say reduced spending could add further problems to […]

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