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UK legislative changes have caused a fundamental shift in the types of pension products that can be offered by International Finance Centres such as the Channel Islands. The Jersey Pensions Association has proposed an amendment to the Jersey law that will make Jersey-managed international savings plans an attractive proposition to providers around the world.
AIJA will host a family office conference from 12-14 July 2018, open to AIJA members and non-members alike. The event is expected to attract attendees from across the UK and offshore jurisdictions; it is targeted at family offices, providers of family office services and those who advise family offices.
Partners, Robert Gardner and Alasdair Davidson, will be speaking at an international contentious trusts conference hosted by Boodle Hatfield, Charles Russell Speechlys, Clifford Chance, Forsters, Stephenson Harwood and Taylor Wessing.
With a month to go until GDPR becomes enforceable (25 May), businesses are rushing to get their houses in order, even more so in light of the recent Facebook-Cambridge Analytica scandal. Under the current data protection regime, Facebook should expect to pay up to £500,000, the maximum fine under the Data Protection Act 1998 (DPA) - a mere drop in the ocean for a Fortune 500 corporation. However, had the data breach occurred after the 25 May, that fine could have been to the tune of £1bn.