Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 07 MARCH 2025

Priority Under The Security Interests (Jersey) Law 2012: A Game Of Snakes And Ladders?

Collas Crill
Collas Crill
Contributor
Collas Crill

Collas Crill

Firm Details: Chief Executive Officer: Jason Romer Managing Partners: Bermuda: Lilla Zuill, BVI:...

View firm profile
Explore more from Collas Crill

Got your attention? If nothing else because, unless you have kids, you probably haven't played this game since your childhood.

JerseyFinance and Banking
Matthew Gilley
Matthew Gilley
Alexander Price
Alexander Price
Author LinkedIn connections

Got your attention? If nothing else because, unless you have kids, you probably haven't played this game since your childhood. So what does snakes and ladders have to do with the law?

Whereas in that much loved board game you start off at square 0, when it comes to a lender who is taking security over the likes of shares, that lender should (with the right advice) find itself on square 100.

Suffice to say priority under the Security Interests (Jersey) Law 2012 (the SIJL) is complicated and differs depending on the type of Jersey situs intangible movable security that you are securing.

The source of the rules that relate to priority are set out in Part 4 of the SIJL and the general rules as to priority are as follows:

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Jersey Digital Assets - October 2026 Update

Jersey strengthens its position as a leading digital assets jurisdiction through new government initiatives on tokenisation, faster regulatory approval timelines for digital asset applications, and comprehensive guidance on artificial intelligence use in financial services. These developments create practical opportunities for issuers, investment advisers, and service providers considering Jersey for digital asset projects.
JerseyFinance and Banking
Carey Olsen
Carey Olsen
Article

A Guide To Investment Funds And Private Equity In Jersey

Jersey has established itself as one of the world's major international finance centres, offering sophisticated fund structures ranging from lightly-regulated Jersey Private Funds to Expert Funds and Listed Funds. The jurisdiction combines tax neutrality, political stability, and a comprehensive regulatory framework designed to accommodate diverse investment strategies including private equity, real estate, infrastructure, and emerging asset classes like digital assets.
JerseyFinance and Banking
Carey Olsen
Carey Olsen
Article

Jersey Moves Further To Repeal COBO: Draft Financial Products And Prospectuses Law Published

Jersey is set to modernize its financial regulatory framework by repealing its mid-twentieth century Control of Borrowing regime and introducing targeted registration systems for digital asset issuers, private funds, and retail prospectuses. The Draft Financial Products and Prospectuses Law proposes to streamline regulatory oversight while maintaining investor protections, with digital asset issuers moving from the current COBO consent process to a new statutory registration framework.
JerseyFinance and Banking
Walkers
Walkers
Video

Jersey SPVs: The Co‑Investment Advantage (Video)

Jersey SPVs combine tax neutrality, flexible corporate governance, and regulatory clarity to create compelling vehicles for co-investment structures. This analysis explores how Jersey's modernised company law, professional infrastructure, and operational efficiency provide distinct advantages for family offices, high-net-worth individuals, and sophisticated sponsors seeking targeted investment exposure without traditional fund complexity.
JerseyFinance and Banking
Cavenwell Group
Cavenwell Group
Article

A Guide To Jersey Property Unit Trusts (JPUTs)

Jersey Property Unit Trusts (JPUTs) offer a tax-efficient, flexible structure for investing in UK commercial real estate, combining the benefits of trust transparency with corporate-style operational features. This comprehensive guide examines how recent regulatory reforms and established tax advantages position JPUTs as a compelling alternative to corporate holding vehicles for institutional, sovereign, and US investors. What makes JPUTs particularly attractive in today's evolving tax landscape, and how do
JerseyFinance and Banking
Walkers
Walkers
Article

New CRS Principal Point Of Contact Requirement For Cayman Financial Institutions

As part of the Cayman Islands' implementation of the OECD's enhanced Common Reporting Standard (CRS) framework, commonly referred to as CRS Regime 2.0, the Tax Information Authority (International Tax Compliance) (Common Reporting Standard) (Amendment) Regulations, 2025 introduced a new requirement for all Cayman Financial Institutions (FIs) to appoint a Principal Point of Contact (PPOC) based in the Cayman Islands.
Cayman IslandsTax
Collas Crill
Collas Crill