Financial services and regulatory — spring update
In each of these new quarterly updates, Mourant Ozannes will be focusing on issues that affect financial institutions in Jersey. The pace of development in the regulatory world drives a large number of regulatory newsletters, which are more often than not focused on changes and developments in the UK or the EU. While changes there are often relevant in Jersey too, this update will explore those changes in a local context, as well as commenting on purely local developments.
Our aim is to keep our Update short and to the point: hopefully you won’t need to take it home to read another time! Each Update is also intended to complement the quarterly meetings that we hold to discuss the latest financial services and regulatory issues (let us know if you don’t already attend but would like an invite). The meetings are an opportunity to explore particular points of interest with our lawyers and with industry colleagues in more detail. We hope you find our Update useful…
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Briefings from Mourant Ozannes
The Royal Court of Jersey has concluded that it has power under its inherent jurisdiction to sanction a compromised settlement of litigation reached by the plaintiff on behalf of a minor.
A private trust company is a privately owned corporate trustee whose sole purpose is to act as trustee to a trust or group of ‘connected’ trusts.