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Bedell Cristin

Work 01481 812812
Fax 01481 812813
Grand Cayman, London, Singapore, St Helier, St Peter Port, Tortola

Richard Sharp

Work +44 (0)1481 812803
Bedell Cristin

Work Department

Corporate & Commercial, Funds & Investment Structures, Insurance & Reinsurance


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.


Advocate - Guernsey; Solicitor* - England & Wales


Banking and finance

Within: Next generation lawyers

Richard Sharp - Bedell Cristin

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Corporate and M&A

Within: Corporate and M&A

Servicing a client base featuring real estate investment funds, corporates and financial institutions, among others, Bedell Cristin’s corporate and commercial team recently acted for Regional REIT on its acquisition of a substantial portfolio of UK regional office, industrial and retail investment properties from Conygar. Senior associate Sukhvinder Chana was part of the team which advised a joint venture on the migration of four Guernsey companies to Luxembourg, and Richard Sharp represented various incorporated cells in the issue of bonds to investors, the return on which was subsequently used to acquire receivables from a German life reinsurance company. The team is led by Kate Ovenden, who was appointed as secondary counsel by a leading international law firm to provide regulatory advice to a trade association with respect to indirect clearing arrangements, and oversaw several capital market transactions.

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Within: Leading individuals

Richard Sharp - Bedell Cristin

Within: Insurance

Bedell Cristin’s insurance team recently acted for Artex as settlement and collateral trustee in connection with the asset-backed securitisation of a reinsurance contract by means of a blockchain settlement. In terms of corporate law, practice head Richard Sharp collaborated with associate Ioannis Saridakis – who recently joined from  Geldards LLP – to oversee the acquisition of the entire issued share capital of a Guernsey captive insurer from an insolvent financial consultant. Sharp also advised two investors into a new protected cell company (PCC) structure to invest in insurance-linked securities (ILS) transactions, and of counsel Mark Helyar provided structuring advice in connection with a limited partnership as a licensed vehicle for an ILS reinsurance transaction. Also notable is the group’s regulatory advice on the outsourcing of insurance management services, and a number of mandates pertaining to the review of commercial contracts.

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Investment funds

Within: Investment funds

Bedell Cristin’s Richard Sharp was recently appointed as sole counsel of a Guernsey fund to advise on two separate legal reviews with regard to the regulatory implications of the implementation of updates to its particulars. Kate Ovenden continues to act for a number of energy venture funds on the full gamut of mandates, including the admission of new investors, amendments to constitutional documentation and partnership agreements. Clients also instructed the group to handle the establishment of new structures and financing transactions.

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Legal Developments in Guernsey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • In re B; B v T (Court of Appeal, 11 July 2012)

    A trustee's duty of confidentiality has recently been discussed and to some extent clarified in the recent Guernsey Court of Appeal decision of In re B; B v T (Court of Appeal, 11 July 2012). This summary has been prepared to provide you with a summary of the case as well as the general issues raised, but is not intended to cover all matters or to provide commentary.   This summary does not constitute legal advice.
  • The Company Administration Regime in Guernsey

  • Guernsey Image Rights Legislation

    The Image Rights (Bailiwick of Guernsey) Ordinance 2012 (the Ordinance) and The Image Rights (Bailiwick of Guernsey) Regulations, 2012
  • Guernsey Foundations

    The Foundations (Guernsey) Law, 2012 (Law) is awaiting Royal assent, expected to be given by the end of the year or early next year. Whilst Guernsey is not the first jurisdiction to provide for foundations, the Law does provide a number of unique options for individuals wishing to take advantage of the benefits provided by foundations. The purpose of this note is to provide both a general summary of the features of a Guernsey foundation, as well as a summary of these unique options that will be available under the Law.
  • Competitive Guernsey

    Guernsey has been considering the introduction of local competition law since at least 2005 and by bringing into effect The Competition (Guernsey) Ordinance, 2012 on 1 August 2012, has introduced an effective Competition Law regime, to regulate the same 3 core areas recognized in most competition regimes, namely the abuse of a dominant position, anti-competitive arrangements, and mergers and acquisitions.
  • Friendly Rivalry? The Competition Laws of the Channel Islands

    • New Competition Law for Guernsey in force on 1 August 2012 • Jersey and Guernsey now both regulate the abuse of a dominant position, anti-competitive arrangements, and mergers and acquisitions • Key differences between the islands' competition laws • Overall, a pan-Channel Island approach to regulation
  • Channel Islands Stock Exchange (CISX) Rule Change Update

    Ogier Corporate Finance Limited (OCFL) is the market leader in providing listing agent services for the listing of securities on the Channel Islands Stock Exchange (CISX or the Exchange) having sponsored over 445 listings.
  • Channel Island Stock Exchange, LBG - Listing of Securities of Investment Funds

    The Channel Islands Stock Exchange, LBG (the Exchange or CISX) commenced operations on 27 October 1998 and is intended to provide recognised facilities for the listing and trading of securities issued by companies and investment funds.
  • Investment funds in Guernsey

    The investment funds industry in Guernsey has achieved significant growth in recent years. Statistics show that as at 30 June 2011 there was ÂŁ274.5 billion of assets under management in Guernsey.
  • Guernsey Companies Law - Office of the Registrar of Companies

    This memorandum has been prepared for the assistance of our clients in connection with the provisions relevant to the Office of the Registrar of Companies under the Companies (Guernsey) Law, 2008 (as amended) (the “Companies Law”).