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The Jersey Financial Services Commission’s figures for the second quarter of this year consolidate the positive position for the Jersey funds industry shown in the first quarter figures.
From 16 November 2015 Jersey’s first Financial Services Ombudsman will start investigating and resolving complaints.
The Royal Court has had to consider specifically a ‘non-compete’ clause in a case that saw an employer in an action against two former employees to enforce a restrictive covenant.
The Royal Court handed down its decision in In the matter of X (a bankrupt) only months after the decision of the Privy Council in Singularis Holdings Ltd v PricewaterhouseCoopers.
A bill was submitted to the Luxembourg parliament which has the purpose of introducing (i) a new wealth management vehicle in the form of a private foundation.
The BVI Business Companies Act 2004 allows for the merger or consolidation of companies incorporated in the BVI with other BVI companies.
The Judicial Committee of the Privy Council has handed down a landmark judgment concerning the doctrine of tracing.
What is probate?Probate is the name given to describe how someone applies to the court to obtain the right to deal with the estate of someone who has passed away.
What is probate? Probate is the name given to describe how someone applies to the court to obtain the right to deal with the estate of someone who has passed away.
Ogier provides information including definitions of terms, fast-track applications and grants of probate.
Of interest to trustees in relation to transfers from a non-Jersey trust to a Jersey trust.
Maternity leave, paternity leave and flexible working coming soon.
Independent directors are now seen as an essential part of the due diligence process for investors.
These funds are aimed at institutional and high-net-worth investors...
This regime was introduced in Jersey for listed closed-ended companies...
The Cayman Islands Monetary Authority is delaying the implementation of its new approach until October.
Also: profit-shifting; Investment Association statement; and more.
The Jersey FSC now has the power to impose civil financial penalties for significant and material contraventions of the codes.
Recent English case law has served to emphasise the requisite levels of intention needed on the part of the transferor for the creation of a Quistclose trust or any other sort of analogous resulting trust.
Jersey property unit trusts are frequently used to acquire and hold interests in UK commercial real estate due to the ease with which they can be established and the fiscal advantages they can potentially bring.