Financial Services and Regulatory Autumn Update
In this update, Mourant Ozannes continues to focus on the many legal and regulatory developments that lie ahead for financial institutions in Jersey, both during the coming quarter and beyond.
The short articles include a few tips to help give an idea on where to start, and you will be updated regularly as matters develop. In this Autumn Update, Mourant Ozannes has also highlighted a couple of recent developments from the UK, which we can look to as helpful examples of potential pitfalls to avoid in future…
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News from Mourant Ozannes
Briefings from Mourant Ozannes
What is the role of the Royal Court of Jersey in trustee applications for directions regarding disclosure of trust information?
A recent application has raised the issue of the function of the court, namely whether the court was exercising its own discretion in supervising, and intervening, in the administration of a trust.
Royal Court clarifies limits of customary law exception in respect of time-barred breach-of-trust claims brought by incoming trustee
Where a newly incorporated PTC recently appointed as successor trustee seeks to bring claims for breach of trust against predecessors, it will not be able to benefit from empêchement d’agir.