03/23/2022
A company will be deemed unable to pay its debts if the creditor has served a statutory demand (in the prescribed form) on the company requiring payment of the sum due, and for 21 days the company has not paid the sum due.
03/23/2022
Whilst the Jersey provisional liquidation regime is not currently as wide reaching as is the case in certain other offshore jurisdictions, the underlying concept and intention behind the regime is consistent.
03/22/2022
That supplier is BPL, with the regulator clarifying that the fuel cost compensation will be calculated by stripping out the impact of its current hedging policy.
03/21/2022
This report contains the Tax Justice Network’s proposed amendments to improve the EU’s draft Anti-Money Laundering (AML) Package with regard to beneficial ownership registration.
03/21/2022
Countries and territories listed under sources 1 and 2 of Appendix D2 should be treated as non-compliant with FATF recommendations for the purposes of Article 17A of the Money Laundering Order.
03/20/2022
The Cayman Islands updated its national risk assessment in 2021 and these updates provide each sector with new information regarding their risk exposure.
03/20/2022
The JFSC has published associated guidance on dealing with higher risk relationships relevant to the current situation, and industry will be notified of their publication.
03/18/2022
Suspending the ability for Russia to receive such information from Guernsey ensures that the Russian government cannot use that information to increase its tax revenues, a States of Guernsey spokesperson said.
03/18/2022
The newly released commentary on the GloBE model rules indicates that the implementation of the new rules “is envisaged by 2023.”
03/18/2022
Investigating the Caribbean front in the economic war on Russia
03/18/2022
“The commitment is one which I did not give lightly nor did I give it without reservation."
03/18/2022
European data protection laws include the hidden agenda of discouraging a recurrence of the Nazi and Gestapo efforts to control the population, and so seek to prevent the reappearance of an oppressive bureaucracy that might use existing data for nefarious
03/18/2022
The European Commission’s Delegated Regulation (EU) 2022/229 entered into force on Monday 13 March 2022
03/18/2022
This has inevitably led to the widening of circumstances in which such an order will be granted in Jersey.
03/18/2022
Given the global nature of business in Guernsey, it is not uncommon for lawyers in other jurisdictions to be involved in disputes before the Guernsey courts.
03/18/2022
The market has responded positively to the use of Jersey as an alternative jurisdiction for CLO transactions and we expect the closing of these notable transactions will inspire further confidence in the future use of Jersey by CLO and other structured pr
03/18/2022
Those selected this year will be contacted directly in April via a letter.
03/18/2022
The hacks caused loss to the applicant, in part because it compensated the affected users and projects.
03/17/2022
The CGi would like to understand Guernsey’s new legislation in terms of tribunals, claims and costs
03/17/2022
The Department of Labour and Pensions, through the statement, added that voluntary pension contributions can be paid into pension funds.