Richard Sharp
Richard heads up the Guernsey office's insurance and reinsurance practice. Richard's practice includes all aspects of insurance and reinsurance work, including captives, ILS and pension risk transfers. He advised on the innovative ILS transaction that was the first in its sector to use blockchain for settlement.
Richard has considerable experience of offshore transactions and specialises in investment funds and listing matters. He previously worked for UK firm Cobbetts LLP where he advised on a wide range of private and public corporate transactions. Richard has also worked in-house for the corporate finance department of WH Ireland plc.
Richard joined the firm in 2012 having worked for another leading Channel Islands firm for the previous five years and was called to the Guernsey Bar in 2014.
- Advocate - Guernsey
- Solicitor* - England & Wales
*non-practising
- 'Leading individual' - Legal 500 2018
- 'Next generation lawyers' - Legal 500 2018 and 2017
We are delighted to be a sponsor at the Guernsey Champagne Reception which takes place at the Hotel Hermitage in Monte-Carlo on 10 September.
Bedell Cristin has acted as counsel to Monument Re on its acquisition of Nordben Life and Pension Insurance from BenCo Insurance Holding, following receipt of regulatory approval from the Guernsey Financial Services Commission.
Richard Sharp, partner and Mark Helyar, of counsel will be attending ILS Insight conference hosted by Guernsey Finance in Zurich during the afternoon of Thursday 4 July 2019.
Kate Ovenden and Richard Sharp will be attending the 10th annual Guernsey Funds Forum at 155 Bishopsgate, London on Thursday 16 May 2019.
Nick Reid, Richard Addlestone and Richard Sharp from recently merged law firms Solomon Harris and Bedell Cristin will be attending the Cayman Captive Forum at the Ritz Carlton, Grand Cayman from 27-29 November 2018.
Guernsey Finance has summarised Mark Helyar's talk at the recent ILS conference in Zurich, which featured a panel session involving leading individuals from the ILS industry.
Bedell Cristin was delighted to sponsor the Guernsey Finance ILS Insights conference in Zurich last week. The event featured a panel session involving leading figures from the ILS industry, followed by a technical showcase.
Bedell Cristin's Mark Helyar will be speaking at the ILS Insight hosted by Guernsey Finance at the AURA Event Hall in Zurich during the afternoon of Thursday 5 July.
Bedell Cristin is once again an exhibiting sponsor at the Guernsey Funds Forum which takes place at Etc.Venues, 155 Bishopsgate, London EC2M 3YD on Thursday 17 May 2018 from 12pm.
Bedell Cristin are once again exhibiting sponsors at the Guernsey Insurance Forum hosted by Guernsey Finance in London on 5 October 2017.
The Guernsey office of Bedell Cristin has advised Artex Risk Services (Guernsey) Limited in connection with its role as settlement and collateral trustee to what is believed to be the first ever issue of ILS notes on a private blockchain. The ‘ILSBlockchai...
Bedell Cristin is represented at the forthcoming ILS Insight forum hosted by Guernsey Finance in Zurich on 6th July.
The Channel Islands Securities Exchange has experienced an increased interest in listing specialist securities, particularly high yield bonds, since the introduction of a new European Union market abuse regime on 3 July 2016, effected as a result of the new...
Bedell Cristin are once again exhibiting sponsors at the Guernsey Funds Forum which takes place at etc.venues, 155 Bishopsgate, London EC2M 3YD on Thursday 11 May 2017 from 12pm.
The Channel Islands Securities Exchange Limited (CISE) to rebrand on 6 March 2017 as The International Stock Exchange
The Channel Islands Securities Exchange has experienced an increased interest in listing specialist securities, particularly high yield bonds, since the introduction of a new European Union market abuse regime on 3 July 2016, effected as a result of the new...
Bedell Cristin's Guernsey Office has acted as lead adviser to Jordan based promoter Catalyst Investment Management Company on the launch of its latest clean-tech fund.
The Guernsey Financial Services Commission ("GFSC") yesterday launched a new regime for private investment funds, following a brief consultation with industry.
Bedell Cristin Guernsey has announced that two of its leading lawyers, Advocate Jon Barclay and Advocate Richard Sharp, have become partners in the firm.
Bedell Cristin was appointed by The Channel Islands Securities Exchange Limited ('The CISE') to act as key advisers in connection with its listing on its own exchange. The transaction saw Bedell Cristin provide legal advice and also act as listing sponsor u...
Bedell Cristin are once again exhibiting sponsors at the Guernsey Funds Forum which takes place at etc.venues, 155 Bishopsgate in London on Thursday 12 May 2016 from 12pm.
A number of significant amendments to Guernsey's company legislation, the Companies (Guernsey) Law, 2008 (as amended), have come into force today, 3 September 2015, subject to certain transitional provisions.
Bedell Cristin are once again exhibiting sponsors at the Guernsey Funds Forum which takes place at etc.venues, 155 Bishopsgate in London on Thursday 14 May 2015 from 12pm.
Bedell Cristin's Guernsey and Jersey offices have acted alongside each other as counsel to the French mutual Covéa in connection with its purchase of UK regulated life insurer Sterling Insurance Group.
Bedell Cristin in Guernsey have acted for Artex Risk Solutions in relation to the acquisition of Heritage Insurance Management Limited, the specialist captive and insurance management arm of Guernsey headquartered Heritage Group.
Given the travel restrictions that are now in place with Covid-19 and the number of people working from home or self-isolating, it is sensible to consider how transactions can be completed remotely. Virtual signings are not new. There are established market...
Guernsey is, for many, the jurisdiction of choice for the establishment and/or administration of all types of investment structure and collective investment vehicle, including private equity, hedge and property funds, across a wide range of asset classes.
This briefing aims to give a brief overview of what the new substance rules will entail for those companies tax resident in Guernsey or Jersey.
From April 2019 gains made by non-residents on all types of UK property will become, for the first time, subject to UK tax. This briefing provides an overview of the new rules, and explores the relevance for offshore-based structures holding UK real estate.
On 4 September 2017 Lieutenant Bailiff Hazel Marshall QC handed down her highly anticipated judgment in Carlyle Capital Corporation Limited (in Liquidation) and others v Conway and others.
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...
The International Stock Exchange (TISE) (formerly known as The Channel Islands Securites Exchange or CISE) has experienced an increased interest in listing specialist securities, particularly high yield bonds, since the introduction of a new European Union ...
In finance transactions, legal opinions are often sought from local counsel as to the capacity of entities formed under the laws of Guernsey to enter into transactions and documents and as to the laws of Guernsey generally. This briefing summarises issues ...
The Companies (Treasury Shares) Regulations, 2016 and The Companies (Treasury Shares) (Amendment) Regulations, 2016 (together the "Regulations") were both implemented on 22 July 2016. The Regulations have had a significant impact on how companies in Guerns...
This briefing summarises the key changes made by the Companies (Guernsey), Law, 2008 (Amendment) Ordinance, 2015.
Part VII of the Companies (Guernsey) Law, 2008 as amended (the "Law") allows companies to migrate into and out of Guernsey (i.e. to or from the Guernsey Register of Companies (the "Register") to or from a jurisdiction with equivalent legislation).
Guernsey companies are utilised for significant structuring and offshore transactions including captive insurance, investment funds and special project vehicles owning property. Generally, contractual relations with banks, insurers, reinsurers and investme...
The Insurance Business (Bailiwick of Guensey) Law, 2002, as amended (the "Law") provides that certain transfers of long term insurance business require the sanction of the Royal Court in Guernsey (the "Royal Court") and sets out the procedure governing such...
It is common for a Guernsey captive to reinsure a fronting insurer which in turn insures the captive's parent. Consequently, the issue of security is a common theme in Guernsey captive arrangements. Some of the security options available and some legal iss...
Richard Sharp and Mark Helyar explain insurance-linked securities (ILS), explore their origins and reveal the Fund of One concept Mark devised. Published in BL Magazine - November/December 2018
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.
Richard Sharp reflects on the potential advantages and position of Guernsey post-Brexit. Published in Captive Review - June 2017.
