Further Jersey Company Law Amendments

The last few years have seen the world of offshore finance become increasingly competitive. This trend, together with the generally gloomy outlook for global economic prospects, has made it more important than ever that those charged with responsibility for Jersey's financial sector strive to make sure that it maintains its attractiveness for international investors. It is with this in mind that, as part of its ongoing strategy to maintain and build upon Jersey's position as a leading offshore financial centre, the Jersey legislature is in the process of introducing a series of company law amendments - Companies (Amendment) No. 10 (Jersey) Law 200- ("Amendment No. 10") and Companies (Amendment) No. 3 (Jersey) Regulations 2009 ("Amendment No.3") (together "the Amendments").