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News/Experience
Insolvency & Restructuring 13 Feb 2019 Cayman Islands Jersey Guernsey

A decision from the Ontario Superior Court (‘OSC’) provides a useful summary of the common law ‘red flags’ which help creditors and insolvency practitioners identify when a bankrupt’s assets are held in a sham trust. Of interest was the expert evidence showing a font used in a trust documents was not invented until seven years after the document was supposed to have been created.

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Regulatory & Compliance 12 Feb 2019 Jersey

The Jersey Financial Services Commission has published a consultation on extending its decision making process to include the imposition of civil penalties on principal persons.

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Pensions & Employee Incentives 11 Feb 2019 Jersey

Nancy Chien will be speaking at Jersey Finance’s breakfast briefing on International Savings Plans (ISPs) on 5 March at The Royal Yacht Hotel. As chairman of the Jersey Pensions Association, Nancy has been instrumental in lobbying for and shaping the ISP schemes in Jersey. She will be giving an overview of the ISPs, the uses and benefits of ISPs and is also taking part in a panel discussion with a number of other industry experts.

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Property Residential Property 11 Feb 2019 Jersey

Jersey’s housing issues have been a continuing topic of discussion in recent years. However, the housing-needs survey published in late January brought the subject to the fore as it estimated that 7,000 new homes would be needed by 2030 (including 1,100 first-time buyer family homes). That survey also highlighted that there was a lack of incentive for property owners to downsize.

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