Directors' concerns: distributions and dividends
Ever since the legal concept of the company was created, there has been discussion about what the purpose is of companies and why they should exist. Directors are under a duty to exercise their powers in the best interests of the company but one of the issues that directors need to consider when running the company is the interests of the shareholders — the owners of the company.
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News from Mourant Ozannes
Briefings from Mourant Ozannes
In March 2011 our Jersey office reported on the death of ‘Hastings-Bass’ in the UK as a remedy for trustee ‘mistakes’.
The Review of Financial Advice (RFA) is the Jersey Financial Services Commission’s response to the UK Financial Services Authority’s Retail Distribution Review (RDR).