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More and more managers are looking to Guernsey as a result of global substance requirements introduced in 2019.

This was an interlocutory hearing which, among other things, concerned: (i) specific disclosure requests; (ii) repetition of certain searches on the basis that the searches carried out were insufficient; (iii) the requirement to file a discovery protocol; and (iv) various declaratory orders in the context of discovery.

Carey Olsen has successfully represented Utmost Worldwide Limited ("Utmost") in defending claims advanced by International Healthcare Solutions Limited ("IHSL") in the Royal Court.

Carey Olsen's Guernsey litigation team achieved success in an application before the Royal Court of Guernsey recently in what is believed to be a first application of its kind to be determined in this jurisdiction.

The Guernsey Court of Appeal in Molard International (PTC) Limited and Pullborough Int. Corp v Rusnano Capital AG (in liquidation),

This briefing is an update of our briefing note of August 2021, which explained the format of the Standard Contractual Clauses issued by the European Commission in June 2021.

Guernsey does not levy any form of capital gains tax, inheritance tax or value added tax. No stamp or document duty, or transfer tax, is payable in respect of companies,

Despite inherent risks, conflicts in family trusts can be minimized through careful planning. Cayman Islands trusts offer strong legal frameworks and protections, making them ideal for preserving assets and managing intergenerational wealth.

Guernsey has been recommended for a 'third country' passport under the Alternative Investment Fund Managers Directive (AIFMD) by the European Securities and Markets Authority (ESMA).

Guernsey's funds industry is well placed to capitalise on an ever-changing global environment, according to Guernsey International Funds Association (GIFA) Chairman Andrew Whittaker.

A growing fund industry can only benefit Guernsey as a whole explains Andrew Maiden of Moore Management.

Sinéad Leddy discusses a recent KPMG report that showcases Guernsey's role as a facilitator of global capital flows and the benefits that this brings to Europe.

Funding Circle, the peer-to-peer lender has listed its small business investment trust on the London Stock Exchange (LSE).

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

Under the Companies Law there is no requirement for the company migrating to Guernsey to make application to the Guernsey Courts.

But the problem goes beyond the increasing use of jargon and acronyms.