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A Jersey trust may not only form an important part of a Muslim client’s lifetime tax planning strategy, but may also offer an opportunity to create a flexible long term structure which is capable of dealing with the possible unwanted succession issues which are inherent under Islamic Law.

Failure to properly grasp the implications of UK's Economic Crime (Transparency and Enforcement) Act 2022 (the Act) could be catastrophic

Offshore listings on the Alternative Investment Market ("AIM") are very popular and this popularity is continuing to grow, with Jersey becoming an ever-more attractive offshore base from which to incorporate companies which can then be listed on AIM.

The Cayman Islands foundation company is emerging as a powerful and adaptable private wealth structure. This article explores the key features of Cayman foundation companies...

This week's guide covers the proper law of a trust – what it is, how it can be changed and what to consider when changing it.

It is no secret that the Matrimonial Causes Act 1973 (the Law) is in need of review and reform. Various attempts have been made to encourage reform by both practitioners and the Justice Minister...

New legislation came into effect on 1 January 2019 in the Cayman Islands which requires certain Cayman Islands entities carrying on certain activities to demonstrate that they have sufficient "economic substance" ...

The Virtual Asset (Service Providers) Act, 2020 (VASP Act) was enacted on 31 October, following consultation with the Financial Action Task Force.

Recent high-profile judgments and investigations regarding investment fund structures have highlighted some key points to be bourne in mind both by investors and by fund services businesses.

The below article, written by Collas Crill's Of Counsel in Jersey Sam Williams and first published on Lexis PSL, provides an update on the latest developments in the Z Trusts insolvency case...

From 1 January 2013, FATCA will require foreign financial institutions (or "FFIs") to enter into an agreement with the US Internal Revenue Service

The paradox of the protector is that the role is rather difficult to define and yet this frustration can enable a greater degree of flexibility for Jersey trusts.

We previously published an article detailing draft legislation named the Private Funds Bill which was published on 8 January 2020 (the 'Bill').

Protectors of discretionary trusts sometimes find themselves in the unfortunate position of being asked by a beneficiary, or class of beneficiaries, to resign for reasons that are not always justified.

For trustees and their advisers, geopolitical risk is no longer an abstract backdrop, it is an active force shaping client behaviour, structuring decisions, and long-term wealth strategies.

A private trust company (PTC) is a private company established to serve as a trustee for a particular trust or a group of related trusts.

Collas Crill recently acted for the successful lead appellant before the Privy Council in Halabi (Appellant) v Equity Trust (Jersey) Ltd (Respondent) in re the ZII Trusts 2022 UKPC 36...