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Guernsey funds are invariably structured as companies, unit trusts or limited partnerships.

It has become common place in the universe of multi-jurisdictional transactions for parties to seek a legal opinion ("Opinion") on entities domiciled...

Changes to Guernsey's company law came into force on Thursday 3 September 2015.

The Guernsey government is due to bring in new regulations which impose an economic substance test for Guernsey tax-resident companies to meet the requirements of the EU Code of Conduct Group.

The Carlyle case arose from the collapse in March 2008 of a Guernsey fund called Carlyle Capital Corporation Ltd (CCC), which led to the loss of all of its $1bn of capital.

Our Guernsey and Jersey investment funds teams have identified some key issues for consideration in the context of the current global coronavirus (COVID-19) pandemic

It has been a long-established principle of UK tax law that a Guernsey company, as any other non-UK company, will be treated as being UK tax resident for a particular financial year if the "central management and control".

This briefing note explains the distinction between the concepts of dividends and distributions before setting out the main steps involved in paying out dividends and distributions under The Companies (Guernsey) Law.

Guernsey, as an independent, self-governing jurisdiction, is a premier international financial centre, with an enviable reputation and excellent standards.

A recent Guernsey Court of Appeal judgment sheds light on directors' duties and regulatory standards following sanctions imposed by the Guernsey Financial Services Commission (GFSC).

Recent changes to the Guernsey Companies Law are set to improve the administration process for Guernsey companies and have been welcomed by the industry.

A company that has been struck off the Guernsey register of companies can, in certain circumstances apply to be restored to the register in accordance with the Companies (Guernsey) Law, 2008.

It is rare that directors foreshadow claims against them, and often claims arise with little if any warning, from what directors may consider to have been historic transactional decision-making.

The Private Investment Fund Rules ("PIF") regime was updated by the Guernsey Financial Services Commission ("GFSC") in 2021 to expand the available PIF product options.

"However startling the history of [Carlyle Capital Corporation's] short life appears at first sight, its failure was the result of circumstances beyond the control of any board of directors.

Lawyers from our corporate practice have drafted this note, which provides a brief synopsis of the common law duties owed by directors of companies incorporated in the Island of Guernsey.

It has become common place in the universe of multi-jurisdictional transactions for parties to seek a legal opinion ("Opinion") on entities domiciled in,