Offshore law firms have had a challenging 2023, with stiffer regulations, increased onshore competition from "Cayman-style" funds and slow M&A recovery holding back growth. Law firm leaders talk about some of their big themes for 2024, including the advent of financial technology and digital asset regulations, the rise in competition from "onshore" centres like Singapore and Hong Kong, and the potential for emerging areas like ESG and AI to grow in importance.
The Companies, Business Trusts and Other Bodies (Miscellaneous Amendments) Act 2023 (the Amendment Act) will take effect on 1 July 2023 and introduce four key amendments to the.
Securities and Exchange Board of India has introduced certain amendments to SEBI, 2012 and circulars in relation thereto focused at inter alia prescribing timelines for first closing, distribution waterfall mechanism and foreign investments in Alternative Investment Funds.