Directors’ concerns: who is (and who is not) a director?
The Companies (Jersey) Law 1991 sets out the meaning of ‘director’ in these terms: ‘director’ means a person occupying the position of director, by whatever name called. It is a definition that is, paradoxically, both straightforward and circular and it raises issues that are difficult enough to need to have been considered by the Supreme Court in a recent case about a similar English law provision.
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Briefings from Mourant Ozannes
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).
Could Cayman’s firewall legislation stand up to challenges similar to those seen, for example, in Jersey. Are its provisions fit to face up to the current realities of the offshore trusts industry?