02/23/2022
Channel Islands impose sanctions on Russian interests
"Any assets held in Jersey in relation to these individuals and financial institutions must be frozen without delay."
02/23/2022
Pre-IPO Employee Benefit Trusts: Advantages of Structuring in Guernsey and Jersey
A frequently-used way to secure loyalty and commitment is through a well-structured employee incentive scheme, and the employee benefit trust (“EBT”) has become one of the preferred preIPO structures to achieve this objective.
02/23/2022
Cayman fund allegedly embroiled in 1MBD scandal
About $112.5 million were withdrawn and paid to various third parties, the petitioners allege.
02/23/2022
JFSC: Feedback to Consultation on bank financial reporting and audit
The New Order would cover the appointment of auditors, prudential returns, declarations of compliance and the publication of financial statements. It would also provide a legal foundation for this reporting, which follows the approach used by other financ
02/22/2022
Take private transactions in Jersey have frequently been implemented by members’ schemes of arrangement under Part 18A of Companies (Jersey) Law 1991 (CJL).
02/22/2022
"We're having a lull in terms of new homes coming along because it's quite a long production line of getting land"
02/22/2022
“We recognise how important time with family is and we want to increase the support we provide for our people to have families and to continue building their careers at Ogier."
02/22/2022
This rise in the use of financial sanctions poses particular compliance risks and below we explore some of the fundamental issues that arise for trustees and financial institutions in the Bailiwick of Guernsey in complying with the various Guernsey sancti
02/22/2022
There are few practical consequences arising from inclusion on the EU AML List although clients should be aware of the following.
02/22/2022
The group’s Cayman Islands’ subsidiary, Lion Brokers Limited, received its licence from the Cayman Islands Monetary Authority in September 2018.
02/22/2022
Where we are now - the highlights
02/21/2022
These changes are contained within the Bill, including the enhancement of obligations to reporting persons and increased protection from penalisation.
02/21/2022
Given our capital investment requirements, the expansion of our regulatory remit and the increasing complexity of our regulatory landscape, a review has been undertaken to ensure that we maintain an appropriate reserve.
02/20/2022
Despite the absence of tourism revenues, government’s financial performance last year was buoyed by record revenues from fund, company and partnership registrations and stamp duties on land transfers.
02/18/2022
For a newly in-scope fund management entity which has a financial year-end of 31 December, the first relevant financial period will be the financial year-end 31 December 2022.
02/18/2022
As a leading hub in Europe for securitisation and structured finance transactions, Luxembourg offers a pragmatic and secure legal and tax
02/18/2022
Changes to the GFSC enforcement process
Guernsey’s success as a financial services centre is underpinned by its ability to effectively regulate businesses operating from within it.
02/18/2022
Some impressive achievements, reinforcing Jersey Finance’s commitment to supporting the DIFC
02/18/2022
Thailand’s MLI position identifies 58 tax treaties that it wishes to be covered by the MLI, while Vietnam’s MLI position identifies 75 tax treaties that it wishes to be covered.
02/18/2022
Some impressive achievements, reinforcing Jersey Finance’s commitment to supporting the DIFC and collaborating to achieve our mutual aims as IFCs in facilitating high quality cross-border business.