Mourant Ozannes forum focuses on trends in the Jersey high-net-worth sector
Trust experts from Jersey and the UK discussed the latest trends and opportunities in the high-net-worth sector at the recent Mourant Ozannes IBC International Trust and Private Client Forum.
The day-long event, which was held at Hotel L’Horizon in St Brelade, featured discussions on a number of key themes around working with the world’s wealthiest individuals.
The forum was chaired by Joe Donohoe, one of Jersey’s leading private wealth management practitioners, with the keynote address delivered by Joshua Rubenstein of New York law firm Katten Muchin Rosenmann.
Rubenstein told the audience that although the climate remains challenging for international trust and private wealth management firms, Jersey will continue to be a market leader because of its innovative approach to product development, its fiscal and political stability and its willingness to be transparent and open with tax authorities around the world.
Sessions included discussions on how to deal with the risks arising from working with the world’s super rich, keeping up with the fast-evolving Latin American markets and managing the challenges posed by dealing with the affairs of wealthy Russian and Middle Eastern clients.
Among the speakers were internationally renowned experts who updated delegates on the latest changes and developments in the law and practices relating to managing the affairs of wealthy clients.
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.