181 results found

Insurance is not a topic which sets the world on fire, but it is one of the most important areas for Non-Executive Directors (NEDs) to pay attention to.

International financial centres have always been a target of negative media. "Offshore" has become a pejorative term. Concerns regarding the regulatory and legal systems of "offshore" jurisdictions...

It would seem, in my experience, that the difficulties children have in understanding that learning from one's mistakes is part of the overall learning and performance improvement process...

In the Matter of Restore Builders En Désastre is the first reported wrongful trading case to come before the Royal Court of Jersey. Under Article 44 of the Bankruptcy (Desastre) (Jersey)...

Whilst the terms "cryptocurrency" and "Bitcoin" have become increasingly commonplace within the Island, especially given the successful growth of Digital Jersey, there remains a degree of confusion and concern within the financial services industry over the operation and regulation of digital currencies

The Royal Court has recently handed down its judgment in the first judicial review of a decision of the Channel Islands Financial Ombudsman ("CIFO") Future Finance Limited v Channel Islands

In common law jurisdictions such as England and Jersey, privilege is a fundamental principle of justice which enables a client to talk openly to his lawyer, secure in the knowledge that nothing he says will later be made public.

A recent plea by the Jersey Court of Appeal for greater certainty in the Jersey law of contract has highlighted differences of opinion amongst the judiciary and the need for a way forward.

The JFSC has been focusing heavily on Suspicious Activity Reports ("SARs") recently. This is understandable. SARs are a crucial part of the regulatory framework. If regulated businesses are properly reporting suspicions of criminal conduct then the law enforcement agencies receive vital ammunition for cleaning up the finance industry and investigating crime without lifting a finger.

There is no doubt that the incidences of bank account fraud are on the rise. In 2023 UK Finance reported 116,324 cases of push payment fraud where a payer is deceived or defrauded into authorising a payment...

Jersey has never had, contrary to the belief held by some, banking secrecy enshrined in statute. It does have a statutory regime of data protection and client confidentiality is, of course, an important principle and fundamental to the relationship between banker and client.

As we have discussed in our recent blogs, privilege is a corner stone of justice and can exist both within and outside of a lawyer client relationship.

Addition of James Corbett QC represents significant expansion of the firm's global offshore disputes practice

The High Court has recently restricted the ability to rely on privilege. Although SFO -v- ENRC is an English authority, Jersey generally follows English principles of privilege.

As regulators worldwide continue to focus heavily on the importance of ethical conduct by employees in regulated financial services businesses...

Those who thought the days of the extended informal freeze may be over, think again.

I often hear these comments when dealing with the disclosure of assets as part of the financial settlement in a divorce.

The excellent ITV series of Bates V The Post Office supported by reading the Court Judgement relating to the case highlights the largest and most shocking miscarriage of justice in British history...