ELP Podcast Series: Sanctions (EU)

In the fourth episode of Economic Laws Practice (ELP))'𝘀 𝗣𝗼𝗱𝗰𝗮𝘀𝘁 𝗦𝗲𝗿𝗶𝗲𝘀 𝗼𝗻 𝗦𝗮𝗻𝗰𝘁𝗶𝗼𝗻𝘀: 𝗠𝗶𝗱𝗱𝗹𝗲 𝗘𝗮𝘀𝘁 𝗮𝗻𝗱 𝗔𝗳𝗿𝗶𝗰𝗮, Mahmoud (Mac) Fadlallah, Partner, Akin Gump Strauss Hauer & Feld LLP’s, Dubai office along with Sanjay Notani, Partner, International Trade & Customs Practice, ELP, will delve into the intricate landscape of sanctions, with emphasis on the Middle Eastern and African regions.

They will also shed some light on the far-reaching consequences of sanctions law violations on businesses and the strategies that are currently in place or are necessary for stakeholders including Indian businesses to navigate the ever-evolving sanctions regulatory framework. Lastly, they will explore the potential impact of sanctions on bilateral trade, notably in key sectors for India like chemicals and diamonds.

In the third episode of Economic Laws Practice (ELP)'s Podcast Series on Sanctions: UK, Michelle Linderman, Partner, International Trade team at Van Bael & Bellis along with Ambarish Sathianathan, Partner, International Trade & Customs Practice, will unravel the nuances of the UK sanctions regime, the extent of the UK sanctions' global reach, their implications for Indian businesses, and crucial steps these businesses should consider given the rapid evolution of these laws, particularly post-Brexit.

Any borrowing or leverage by Alternative Investment Funds (AIFs) is highly regulated. 

In this episode of the ELP Funds series- Borrowing and Leverage, the speakers Vinod Joseph, Partner & Paridhi Jain, Associate, Economic Laws Practice (ELP) delves into the various legal issues involved in any borrowing or leverage by AIFs under SEBI’s AIF Regulations and the IFSCA’s Fund Management Regulations.

In recent years, sanctions have taken center stage in international business, posing intricate challenges for companies worldwide. With Western nations increasingly using sanctions as a tool, navigating these waters has become critical. Non-compliance is no small matter – It can lead to severe legal and financial consequences, including hefty penalties and reputational harm. This reality underscores the importance for businesses to grasp the regulatory landscape across different jurisdictions and implement strong compliance strategies.

 As part of Economic Laws Practice (ELP)'s commitment to illuminating key issues in international trade, this podcast series offers insightful perspectives on the sanctions landscape.

In the first episode of ELP's Podcast Series on Sanctions: US, Kay C. Georgi, Partner, International Trade & Investment Group at ArentFox Schiff along with Sanjay Notani, Senior Partner, International Trade & Customs Practice, ELP throw some light on the multifaceted landscape of US sanctions, their potential ramifications for Indian businesses, and the proactive steps businesses should consider taking to adapt to this ever-changing legal environment.

SEBI’s AIF Regulations and the IFSCA’s Fund Management Regulations require the investment manager to obtain the consent of investors in certain circumstances. 

In this episode of the Funds series, Vinod Joseph, Partner & Paridhi Jain, Associate, Economic Laws Practice (ELP) talks about the Investor's Consent and delves into the nuances of such consent and the various legal issues involved in obtaining such consent.

We are delighted to present to you the next episode of  ELP Podcast Series- Funds Series- The Term of a Fund

 In this episode, Vinod Joseph (Partner) and Paridhi Jain (Associate), Economic Laws Practice discuss the regulations regarding the term of close-ended funds and the SEBI and IFSCA rules governing an extension of such term.

 Please note that this podcast is intended solely for general informational purposes and should not be construed as legal advice.

We are happy to announce the launch of a new podcast series on Investment Funds and Fund Regulations. In this podcast series, Vinod Joseph (Partner) and Paridhi Jain (Associate) will explore the intricacies of Investment Funds and Fund Regulations. 

 In the first podcast, Vinod and Paridhi shed light on SEBI's and IFSCA’s classification of AIFs into distinct categories, offering valuable insights into the regulatory reasoning behind this categorization. While the IFSCA's fund categorization mirrors SEBI's to some extent, it is essential to recognize the significant differences between them. In this engaging podcast, we delve into these variations, assuming that our audience possesses a foundational understanding of Funds and Indian regulations governing them.

 Please note that this podcast is intended solely for general informational purposes and should not be construed as legal advice.

Amongst start-ups as well as other companies, the popularity of ESOPs as a mode of employee compensation has only been growing. Such transactions, when plainly seen, are mere issuance of share capital. However, the GST authorities have recently started scrutinizing potential GST applicability on the same where employees are granted shares of their employer’s listed group company as ESOPs. 

In this episode of ELP Podcast Series, Harsh Shah (Partner) and Ruchita Shah (Associate Partner)  discuss the mechanics of typical ESOP transactions and analyze the same from a GST perspective, including the potential for and against arguments on taxability and safeguards that may be considered by the industry. 

On 27 July 2022, a three-judge bench of the Supreme Court in the case of Vijay Madanlal Choudhary vs Union Of India upheld the validity of various provisions of the Prevention of Money Laundering (PMLA) Act, 2002. The judgment is perceived to have given a judicial stamp to the wide powers that the Enforcement Directorate (ED) enjoys under the statute.

 In our latest podcast series, 'Implications of the PMLA Act: Post 2022 SC Ruling' Kumar Visalaksh (Partner), and Arihant Tater (Principal Associate) Economic Laws Practice, discuss the impact of the judgment as well as the developments post the ruling.