01/15/2019
Under the proposed changes to the Codes, the JFSC expressly provides that it will expect such cover to be in place for a period of between three and six years, which appears to be an extension to previous expectations regarding run off cover.
01/14/2019
The EU wants offshore jurisdictions to implement legislation encouraging brick and mortar institutions, rather than the “shell companies” that comprise a large portion of the jurisdictions’ financial industries.
01/10/2019
Again, while counsel was unaware of any case where the English courts had assisted the Royal Court, there have been several occasions where it has done so in respect of Jersey companies.