Insights

As well as providing expert advice to financial institutions, corporations and private individuals, our lawyers are also active members on a number of working parties. Their thought leadership helps to shape future legislation and market developments, making a positive difference to our clients and industry as a whole.

BVI beneficial ownership registration regime
Briefings | 28 Nov 2017

The topic of corporate transparency through the creation of a central registry of company beneficial ownership information has been extensively debated in recent years and came to the political fore at the Lough Erne G8 Summit in June 2013, at which the off...

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The impact of the Common Reporting Standard on trusts
Articles | 06 Nov 2017

When the Foreign Account Tax Compliance Act (FATCA) was first introduced by the USA, there was a degree of reluctance among some in the finance industry to engage with it - Nancy Chien discusses. Published in the Journal of International Tax, Trust and Corp...

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Sham trusts, the High Court and "Putin's Banker"
Briefings | 03 Nov 2017

On 11 October 2017, the High Court released its latest judgment in the long running saga between Mezhprom Bank and its liquidator, the Deposit Insurance Agency (the "DIA"), and Russian businessman Mr Sergei Pugachev (also known as "Putin's banker").

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UK REITs and The International Stock Exchange
Briefings | 13 Sep 2017

In this briefing we focus on the changes to the UK Real Estate Investment Trust (REIT) regime introduced by the UK Finance Act 2012 and the way in which Jersey companies and The International Stock Exchange (TISE) (formerly known as The Channel Islands Secu...

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The hidden costs of DIY wills
Articles | 07 Sep 2017

It is often suggested that it is easy to write your own Will if your wishes are simple and your financial situation isn’t complicated - Donna Withers discusses. Published in Gallery Magazine - September 2017.

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An introduction to blockchains
Articles | 06 Sep 2017

Marc Piano, associate, explains the basic concept behind blockchains. Published in Contact Magazine - September/October 2017 issue.

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Private trust companies
Briefings | 01 Sep 2017

A private trust company ("PTC") is a useful vehicle to consider in the planning and establishment of trust structures for high net worth and ultra high net worth families. Rather than transferring assets to a service provider's professional trustee company,...

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Foundations: migrating to Jersey
Briefings | 01 Sep 2017

The Foundations (Jersey) Law 2009 (the "Law") allows for the establishment of Jersey foundations, and adds significantly to the structuring opportunities available to clients selecting Jersey as a jurisdiction for private wealth management purposes.

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Jersey foundations: how are they being used?
Briefings | 01 Sep 2017

The Jersey foundation was introduced in July 2009 as a new form of incorporated vehicle. From the beginning, three broad categories of use for the Jersey foundation - for succession planning, as orphan structures for specified purposes, and for philanthrop...

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Jersey foundations
Briefings | 01 Sep 2017

The Foundations (Jersey) Law 2009 (the "Law") allows for the incorporation of Jersey foundations.

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Non-charitable purpose trusts
Briefings | 01 Sep 2017

Non-charitable purpose trusts are expressly provided for by the Trusts (Jersey) Law 1984 as amended (the "Trusts Law"). Whilst the Trusts Law provides that a trust will be invalid to the extent that "it is created for a purpose in relation to which there is...

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Foundations: mergers
Briefings | 01 Sep 2017

The Foundations (Jersey) Law 2009 (the "Law") allows for the establishment of Jersey foundations, and adds significantly to the structuring opportunities available to clients selecting Jersey as a jurisdiction for private wealth management purposes.

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Foundations in Jersey
Articles | 20 Jul 2017

Will foundations in Jersey draw upon jurisprudence in civil law countries, or will they develop separately, drawing parallels with the law and practice relating to trusts and companies? Zillah Howard, Partner discusses. Published in Trust & Trustees, Vol. 2...

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EU General Data Protection Regulation
Briefings | 07 Jul 2017

This briefing provides an overview of the key changes introduced by the EU's General Data Protection Regulation (the "GDPR"), which will have extra-territorial effect in the Channel Islands in relation to the personal data of EU citizens, and the provisions...

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The International Stock Exchange - Listings
Briefings | 06 Jul 2017

The key advantages to listing on the Official List of The International Stock Exchange (TISE) as operated by The International Stock Exchange Authority Limited (TISEA) are: – TISE is licensed, regulated and supervised by the Guernsey Financial Services Com...

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Jersey investment funds: an overview
Briefings | 05 Jul 2017

Jersey is one of the premier offshore jurisdictions for the establishment of investment funds and other investment structures. Jersey is highly regarded for the quality of its regulatory regime and its legal and other service providers. Investment funds con...

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Brexit and Guernsey's captive insurance industry
Articles | 05 Jul 2017

The outcome of the UK referendum on 23 June 2016 to leave the EU was both shocking and unprecedented but Guernsey is well positioned to meet any challenges. Richard Sharp, partner explains. Published in Contact Magazine - July/August 2017 issue.

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Insolvent trusts: the Z Trust cases
Briefings | 16 Jun 2017

For the first time the Royal Court of Jersey has given guidance on the issues facing trustees of trusts who find that they are unable to pay trust liabilities out of trust assets as they fall due, or where the trust liabilities exceed the trust assets. Whi...

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Jersey corporate insolvency - the two regimes
Briefings | 16 Jun 2017

There are two principal regimes for corporate insolvency in Jersey: désastre and winding-up. This Briefing seeks to highlight the major features of each and some of the differences between the two.

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Putting Jersey companies into English administration
Briefings | 16 Jun 2017

A Jersey company or one of its creditors may wish the company to be placed into administration in England under Schedule B1 of the UK's Insolvency Act 1986 (the "Act").

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