Walkers partner Kate Storey is one of the leading insurance lawyers in Guernsey.

On 24 April 2008, the English High Court released the judgment of Mr. Justice Andrew Smith in the "bank charges" case brought by the Office of Fair Trading ("the OFT") against seven high street banks and a building society in the UK.

The decade since the financial crisis has unquestionably seen a very substantial increase in the quantity and complexity of regulation and compliance obligations applicable to financial services.

Draft regulations were published in June for the establishment of a depositor compensation scheme for accounts held in banks in Jersey.

On 25 April 2008, the Jersey Royal Court handed down an important judgment (“Re: Representation Gichuru”) detailing the options for the customer of a financial institution whose funds have been subject to an informal freeze following the filing of a Suspicious Activity Report, and where the police have refused to consent to payments on the account being made.

In today's globalised world, an offshore employee benefit trust (EBT) remains the principal avenue to enable multinational corporations to give their employees a stake in their success...

Jersey has developed some groundbreaking regulatory policies over the past decade, facilitating fast-track well regulated funds, including in the alternative investment funds sector.

Following a political commitment at the height of the banking crisis last year, the establishment of a depositor compensation scheme for accounts held in banks in Jersey was in principle unanimously approved by the States Assembly on 15 July 2009.

This briefing sets out Jersey's adoption of rigorous international tax and regulatory standards, which, in conjunction with local tax laws, make the jurisdiction an ideal location for investment funds...