Kasvi Sehgal

3 weeks ago | law.com | Kasvi Sehgal

The Bar Council of India (BCI) has implemented amended regulations governing the entry of foreign lawyers and law firms to India, in a long-awaited move liberalizing the country’s legal market. The regulations have been issued as part of the updated India Rules for Registration and Regulation of Foreign Lawyers and Foreign Law Firms in India, 2022, and will be implemented immediately upon publication in the Official Gazette, the BCI said in a statement.

3 weeks ago | law.com | Kasvi Sehgal

DLA Piper’s former co-managing partner in Singapore and an Indonesia market specialist, Joseph Bauerschmidt, has left the firm to move his practice in-house. Bauerschmidt is set to lead the legal and compliance department of Digital Edge, an Asia-focused colocation and interconnect services provider in the city-state, he shared in a LinkedIn post.

3 weeks ago | law.com | Kasvi Sehgal

Hong Kong’s Temple Chambers has bolstered its offering by adding the founding member of Singapore’s Duxton Hill Chambers, Toby Landau KC, to its set. Landau, a barrister and international arbitrator, joins Temple Chambers whilst continuing to serve as counsel in Singapore as well as London, where he took silk in 2008 and has been practising since 1994, according to a statement.

3 weeks ago | law.com | Kasvi Sehgal

Indian law firms JSA Advocates and Solicitors, AZB & Partners and S&R Associates are advising on Tokyo-headquartered Sumitomo Mitsui Banking Corporation’s (SMBC’s) acquisition of a $1.6 billion stake in Mumbai-based private sector Yes Bank. The transaction, the largest cross-border investment in the Indian banking sector, sees SMBC take over a 20% stake in Yes Bank and become its largest shareholder, according to a JSA statement.

4 weeks ago | law.com | Kasvi Sehgal

Singapore has signed a trade agreement with the European Union (EU), called the EU-Singapore Digital Trade Agreement, as shifting global trade drives nations to form bilateral arrangements. The agreement—negotiations for which began in July 2023— has been signed by Maroš Šefčovič, the EU’s commissioner for trade and economic security, and Singapore’s trade relations minister Grace Fu.