Richard Le Liard


Richard is based in Jersey and is a partner in the funds and investment structures team. He specialises in establishing and advising investment funds and fund services businesses and also has a strong regulatory practice. He is sought after to advise on all areas of financial services regulation, data protection, international tax compliance (including economic substance) and the local AML/CFT regime.

He also has considerable experience in matters of corporate and commercial law.

Richard participates in local industry groups and regularly presents on matters of funds and regulation.


  • Solicitor - Jersey
  • 'Next generation lawyers' - Legal 500 2018 and 2017
  • Richard Le Liard, is very smart, very practical and very commercial
    Legal 500
  • Provides timely responses and is available for clients’ concerns and questions, even on short notice
    Legal 500
Three new partners at Bedell Cristin
11 Sep 2019 Jersey

Bedell Cristin has appointed three new partners in its Jersey office through the promotions of Richard Le Liard and Jeff O’Boyle and the appointment of Advocate Sara Johns.

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Bedell Cristin sponsoring Jersey Finance Funds Conference
Funds & Investment Structures 05 Sep 2019 Jersey London

Martin Paul, Tom Davies and Richard Le Liard will be attending the Jersey Funds Conference at the Royal Lancaster Hotel, Lancaster Gate, London on Tuesday 10 September 2019.

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Data flows between Jersey and the UK post-Brexit: a Data Protection Update
Regulatory & Compliance 29 Jan 2019 Jersey

Whether there is an orderly Brexit or a no-deal Brexit, from 29 March 2019 the UK will become, in GDPR terms, a 'third country'.

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Expertise recognised at Bedell Cristin with promotions
11 Oct 2018

Promotions have been made at Bedell Cristin to recognise the firm’s expertise across a number of practice areas in its Jersey and London offices.

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Bedell Cristin advises PATRIZIA Immobilien AG on its acquisition of Rockspring Property Holdings Limited
Corporate & Commercial 17 Jan 2018 Jersey

Bedell Cristin is working alongside Freshfields Bruckhaus Deringer LLP to advise PATRIZIA Immobilien AG on certain Jersey law aspects of its acquisition of Rockspring Property Holdings Limited.

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Bedell Cristin advises Akina Partners on acquisition by Unigestion
Funds & Investment Structures 02 Mar 2017 Jersey

Bedell Cristin advised Akina Partners on the Jersey-law aspects of the sale of their private equity business to Unigestion to create a merged private equity business with AUM of over US$6 billion.

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Pacific Equity Partners Fund V
Funds & Investment Structures 21 Jul 2016 Jersey

Advised Pacific Equity Partners Pty Limited (a leading and award-winning investment team) in connection with their fifth private equity fund which focuses on investments predominantly in Australia and New Zealand.

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LVP Seed Fund II, L.P.
Funds & Investment Structures 21 Jul 2016 Jersey

Acted in connection with this Jersey limited partnership which is a venture capital fund investing primarily in the online, social and mobile game sector, predominantly in Europe, Israel and Turkey.

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One of the most anticipated hedge fund launches in recent years (according to the Wall Street Journal)
Funds & Investment Structures 21 Jul 2016 Jersey

Advised what was largely reported as the largest hedge fund start-up of 2015 (Bloomberg), in connection with the establishment and regulatory licensing of the Jersey general partner and Jersey manager of the Fund

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Bedell Cristin provides Jersey law advice on 'biggest ever single investment in litigation funding globally'

On 1 May 2015, leading litigation funders Therium Capital Management Limited ("Therium") announced a market-transforming £200 million private fundraising to invest in the costs of large-scale commercial litigation, group litigation and arbitration globally.

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Bedell Cristin deal is named Equity Deal of the Year in European IFLR Awards
07 Apr 2014 Jersey

An innovative equity deal in which Bedell Cristin acted as Jersey legal adviser has been named the Equity Deal of the Year at the International Financial Law Review (IFLR) European Awards 2013.

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Bedell Cristin advises CVC Credit Partners on new $350m credit opportunities fund
Funds & Investment Structures 30 Aug 2013 Jersey

Bedell Cristin acted as the Jersey legal adviser for CVC Credit Partners Limited in relation to the establishment, launch and listing of CVC Credit Partners European Opportunities Limited (the "Company").

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Economic substance laws – multi-jurisdiction comparison
Briefings | 09 Jan 2020

In response to European Union requirements, many offshore jurisdictions have enacted legislation requiring certain tax resident entities to demonstrate sufficient economic substance in the relevant jurisdiction. This table gives a high-level overview and co...

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Jersey limited liability partnerships
Briefings | 10 Oct 2019

Limited liability partnerships ("LLPs") are used in lots of jurisdictions. But what are the key features of a Jersey LLP?

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Jersey separate and incorporated limited partnerships
Briefings | 09 Oct 2019

Under Jersey law, limited partnerships can be established with separate legal personality or full body corporate status. Such partnerships are known, respectively, as separate limited partnerships ("SLPs") and incorporated limited partnerships ("ILPs").

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Substance rules: top tips for companies
Briefings | 17 Jun 2019

New rules on economic substance came into effect on 1 January 2019 in the BVI, Cayman Islands, Guernsey and Jersey. Our experts have put their heads together and come up with their top tips for any company incorporated, registered or tax resident in one of ...

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Substance rules: top tips for corporate services providers
Briefings | 17 Jun 2019

New rules on economic substance came into effect on 1 January 2019 affecting companies and certain types of partnerships incorporated, registered or tax resident in the BVI, Cayman Islands, Guernsey or Jersey. Clients are looking to their corporate service ...

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In a nutshell: Jersey's Economic Substance Law
Briefings | 06 Jun 2019

Jersey (like many other offshore jurisdictions) has put in place a law requiring certain companies which are tax resident in Jersey to demonstrate that they have sufficient 'economic substance' in Jersey; this is known as the Taxation (Companies - Economic ...

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Jersey private funds
Briefings | 23 May 2019

A leading product in the Jersey funds range is the Jersey private fund - a regulatory classification offering certainty, flexibility and speed to promoters of investment funds.

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Jersey unregulated eligible investor funds
Briefings | 07 Dec 2018

Funds established in Jersey are generally subject to regulation by the Jersey Financial Services Commission ("JFSC"). The degree of regulation varies depending upon the type of fund.

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Jersey investment funds: an overview
Briefings | 07 Dec 2018

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 act...

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Overview of Jersey investment funds
Briefings | 07 Nov 2018

This table provides an overview of the different regulatory classifications that are available when establishing a fund in Jersey. Bedell Cristin is able to offer specific advice on the selection of the most appropriate classification.

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Good things always come in threes
Articles | 18 May 2017

Richard Le Liard, senior associate, presents a round- up of recent regulatory developments. Published in the JEP Funds Review - 18 May 2017.

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Regime Change in Jersey
Articles | 18 Apr 2017

Martin Paul, head of funds and private equity group, and Richard Le Liard, senior associate discuss the regime of change in Jersey. Published in Funds Europe: Jersey Supplement 2017.

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SLPs and ILPs: Two ships come sailing in
Articles | 19 Sep 2011

Since April this year there have been two new types of legal vehicle available in Jersey: the separate limited partnership ('SLP') and the incorporated limited partnership ('ILP'), Richard Le Liard reports - published in Connect magazine Aug/Sept 2011.

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