Guernsey: lending and finance regulations may be revised

Sign in or register to continue reading.

Gain access to the latest news from The Lawyer.com, our jobs board, career insight and much more.

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3716 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here 

Related briefings

CRS: first reporting over, so what happens next

The effective extension of the deadline to 31 July 2017 by the Guernsey tax authorities (which have vowed not to impose any penalties if CRS reporting and due diligence requirements are complied with on or before this second date) has given trustees additional time to complete their due diligence procedures, pull together the information to […]

What return of non-dom changes to Finance Bill means for trustees

Non-dom changes were withdrawn from the Finance Bill at the last minute earlier this year and are now anticipated to be introduced in a second Finance Bill after the summer Parliament break, with effect from 6 April 2017. The recent announcement impacts trustee clients and the families they look after, so it is important to […]

4AMLD – Who needs to report and what needs reporting?

On 26 June 2017, as part of the UK’s implementation of the 4 Anti-Money Laundering Directive (4AMLD), the Beneficial Ownership Register for trusts went live. Although our trustee clients agree with the rationale for the register (i.e. combatting money laundering and terrorist financing), as with CRS reporting obligations there are some grey areas in respect […]

Guernsey’s new regulations for pension and gratuity schemes

Following a short but comprehensive consultation with industry, the Guernsey Financial Services Commission (GFSC) has issued The Pension Licensees (Conduct of Business) & Domestic and International Pension Scheme and Gratuity Scheme Rules 2017, which came into operation on 30 June 2017. Key changes to the draft rules The GFSC took on board a number of […]

Guernsey document duty – update

As stated in a previous article, the States of Guernsey had prepared a policy letter and draft legislation to impose, amongst other things, duty on transfers of shares in companies holding Guernsey real property. On 17 May those proposals were approved…

Latest Briefings

What is artificial about ethical AI in legal industry – Everything

By Andy Neill What is ethical AI? In 2017, the Select Committee on Artificial Intelligence was appointed by the House of Lords. Their role is to consider the economic, ethical and social implications of advances in artificial intelligence. As part of their 2017-2019 session report, they suggested the following AI code: 1. Artificial intelligence should […]

Are you a data security weak link?

By Michael Hall Data loss, malware, and hackers; you hear about them all the time, but that has nothing to do with you, right? Sadly, that’s not the case. For legal firms, corporate legal departments and financial institutions who handle massive amounts of confidential data, the threat of breach due to human error is ever-present. Each […]

Inter-branch services – Employee Cost

By Dinesh Agrawal, Ankit A. Shah, Pranay Sahay The Authority of Advance Ruling (AAR) in the state of Karnataka, in its order in Columbia Asia Hospitals Private Limited (the Applicant) dated 27 July 2018, made critical observations concerning the taxability of employee cost at a corporate office under Goods and Services Tax (GST). Background The […]

Real Estate Disputes

By Malcolm Simpson What’s the current extent of disputes currently surfacing in the real estate sector? What are some of the most common causes of dispute? To what extent are tough economic conditions and increasing project complexity fuelling real estate disputes? To answer these questions and more, Malcolm Simpson Managing Partner of Walker Morris LLP offers […]

Recommended

Win on behalf of Chief Constable in discrimination claim case

Judgment has been delivered in the widely publicised proceedings against the Chief Constable of Northumbria Police by the former Director of Legal Services, Denise Aubrey, following her dismissal. All Ms Aubrey’s claims were dismissed including her claims for sex discrimination, harassment, victimisation, disability discrimination, whistleblowing and unfair dismissal. The case gave rise to widespread publicity in […]

Kinstellar advises CIG Pannonia Life on MKB purchase

Kinstellar’s Budapest office has advised CIG Pannonia Life Insurance on the purchase of local peers MKB General Insurance and MKB Life Insurance from Versicherungskammer Bayern. The Kinstellar team was comprised of: Partner Anthony O’Connor and Managing Associates Ákos Mátés-Lányi and Dániel Straub.

Khaitan advises Wand Partners in sale of SeedWorks

Khaitan & Co has advised Wand Partners in relation to the sale of its 100 per cent stake in SeedWorks International to India Value Fund for $40m. Wand Partners is a private equity sponsor and investor focused on specialty financial services. Ganesh Prasad (partner) and Sanjay Khan Nagra (senior associate) advised on the corporate aspects […]

In-House & Private Practice Legal Jobs

Stay up-to-date with the latest opportunities on The Lawyer Careers. Each month, more than 8,000 legal roles are added to our site - we'll bring you the best opportunities out there.

Get Started

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3716 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here