Introduction
Jersey has long been established as one of the top offshore
jurisdictions for international finance transactions. There is
a constant process of updating the legal and regulatory
framework to ensure that a wide range of structures is
available to the client. This briefing note summarises certain
changes to the Companies (Jersey) Law 1991 (the
"CJL").
Proposed amendments
The Companies (Amendment No.2) (Jersey) Regulations 2008
were passed by the States of Jersey on 15 January 2008 and came
into force on 22 January 2008.
The Companies (Amendment No. 9) (Jersey) Law was passed by
the States of Jersey on 15 January 2008 and awaits Privy
Council approval; it is anticipated that it will come into
force in mid-2008.
