Channel Islands funds quarterly regulatory update January to March 2018

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At-a-glance guide to GDPR regulations for HR teams

As of 25 May 2018, the General Data Protection Regulation (GDPR) will reform data protection and privacy laws not only in Europe but across the Channel Islands. The new rules: • Create new responsibilities for employers about how they collect, use or store information about their staff. • Give employees new rights about how their […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

GDPR: priorities for Jersey and Guernsey funds and service providers

Data protection and privacy laws will be reformed across Europe when Regulation (EU) 2016/679, commonly known as the General Data Protection Regulation (GDPR), comes into force on 25 May 2018. The GDPR builds on existing legislation and seeks to harmonise and enhance data protection and privacy laws across the EU. It also introduces significant fines […]

Guernsey: Accessing services that cross a neighbour’s land

By Piers Dereham Virtually all properties these days are linked to a complex network of services, such as the island electricity grid, the water network, drains, gas and telecommunications, and in many cases, the services that reach your house cross neighbouring private land. How can you be sure that your neighbour cannot prevent your continued […]

Channel Islands: Two different approaches to Hastings-Bass

The rule in Hastings-­Bass gives the court discretion to set aside an exercise of power if a trustee failed to take into account relevant considerations when exercising the power, or took into account considerations which should properly have been disregarded. This rule has been at the forefront of Guernsey jurisprudence in recent months due to […]

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New online court may improve chances of tenancy arrears recovery

By Karl Anders and Lucie Bryan On 6 April 2018 HMCTS publicly announced the launch of a new online service to allow members of the public and businesses to issue money claims, resolve disputes and access mediation via a new online claims service. Known as Civil Money Claims, and available for money claims with a […]

Dress codes in the workplace: new government guidance

By Stuart McBride New guidance entitled “Dress codes and sex discrimination – what you need to know” was published by the Government Equalities Office last week.  It follows the 2016 online petition started by a woman who was sent home from work when she refused to wear high heels. The petition led to a Parliamentary Enquiry […]

Timor-Leste oil and gas: New maritime treaty with Australia

On 6 March 2017, in New York, delegations of both countries signed, before the United Nations’ Secretary-General and Portugal’s former Prime-Minister, António Guterres, the “Treaty Between the Democratic Republic of Timor-Leste and Australia Establishing Their Maritime Boundaries in the Timor Sea”. The new maritime boundaries between the two countries represent, after almost 50 years, Australian’s […]

Portugal: New regime for conversion of unsubordinated credits into capital

Law No. 7/2018 was published on 2 March and created a legal regime for the conversion of unsubordinated credits into capital in commercial companies, or companies adopting a commercial form, incorporated under the Laws of Portugal. The new law entered into force on the day after its publication and clearly aims to provide an extrajudicial […]

Portugal: Exploitation of lithium

Lithium minerals have seen a rise in demand and price since 2011, which became even greater in 2016, and the expectation is that this rise will continue along with the growing demand for electric vehicles. Lithium supply security has become a top priority for technology companies in the United States and Asia and, worldwide, lithium […]

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As the deadline for gender pay gap reporting draws to a close, the question is whether it will help the legal profession to progress towards achieving widely-shared objectives or whether it is just another regulatory burden with which solicitors must cope.

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