ArticleUpon Further Reflection: Privy Council Judgment Further Clarifies Scope Of The Reflective Loss RuleThe rule has long been the source of controversy and confusion.Hong KongLitigation, Mediation & ArbitrationCarey Olsen
ArticleJersey Companies Listing On The World’s Stock ExchangeJersey is renowned as a finance centre and Jersey companies are regularly listed on the world’s stock exchanges. JerseyCorporate/Commercial LawCarey Olsen
ArticleDivorce: Protecting The Intergenerational Transfer Of WealthIn 2011, 40% of Jersey's population were married, 8% were remarried and 10% of the population were divorced. Whilst we eagerly await the results of the recent 2021 census...JerseyFamily and MatrimonialCarey Olsen
ArticleThe Importance Of Estate Planning For Business Assets In JerseyEstate planning and putting your personal affairs in order is incredibly important. For someone who owns and runs their own business, or who is part of a company or partnership...JerseyFamily and MatrimonialCarey Olsen
ArticleJersey Fund Manager RelocationJersey is an increasingly popular choice of jurisdiction for fund managers who wish to either relocate key principals or otherwise establish a physical presence to benefit from neutrality...JerseyFinance and BankingCarey Olsen
ArticleNew Economic Substance Rules: A ‘Need To Know' For Jersey Fund Managers Following The November 2019 Updated GuidanceThis briefing is intended to provide a summary of some of the key issues being encountered by fund managers in relation to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the ‘ESJL').JerseyFinance and BankingCarey Olsen
ArticleThe New JFSC Outsourcing Policy: Are You In Scope?The Jersey Financial Services Commission ("JFSC") has published its new Outsourcing Policy and Guidance Notes (the "Policy") which will apply to existing and new outsourcing arrangements from 1 January 2024 following a six-month transitional period.JerseyFinance and BankingCarey Olsen
ArticleJersey Funds Market Update: Limited Partnerships, Legislation Updates And The JFSC's AML/CFT HandbookThe Limited Partnerships (Amendment No.2) (Jersey) Law 2022 came into force on 12 August 2022.JerseyGovernment, Public SectorCarey Olsen
ArticleSecured Creditors And Immovable Property: A Landmark Ruling From The Royal Court Of JerseyA secured creditor with a hypothec (charge) over a specific immovable property can enforce against that property without having to put the debtor through a full-blown bankruptcy process. JerseyInsolvency/Bankruptcy/Re-StructuringCarey Olsen
ArticleRented Dwellings Licensing Regime To Commence In JerseyThe Public Health and Safety (Rented Dwellings) (Licensing) (Jersey) Regulations 2023 (the "Licensing Regulations"), passed by the States of Jersey in November 2023, come into effect on Wednesday 1 May 2024.JerseyReal Estate and ConstructionCarey Olsen
ArticleJersey Decision: Mistake Or Conscious Risk Taking?In a recent decision, the Royal Court has expressed reluctance to grant relief on the grounds of mistake in circumstances where, rather than a settlor being unaware of and therefore mistaken...JerseyTaxCarey Olsen
ArticleRamadan — Reflecting On Faith, Family And LegacyThe holy month of Ramadan is upon us. For over two billion Muslims across the world, it is a sacred month of prayer.JerseyWealth ManagementCarey Olsen
ArticleJudgments On Jurisdiction – Lessons From The Stingray TrustOne of the attractive features of trusts law in the Cayman Islands is the jurisdiction's well known, and well used, "firewall" provisions. Up until now, certain of these provisions have been widely...Cayman IslandsCorporate/Commercial LawCarey Olsen
ArticleRepresenting Bermuda In International Sport – An Important Decision Of The Supreme CourtIn the recent case of S (a minor), B (a minor) & Equal Opportunities in Sport v Bermuda Amateur Swimming Association [2018] SC (Bda) 82 Civ the Supreme Court decided who qualifies as a "citizen" or "national" of...GuernseyMedia, Telecoms, IT, EntertainmentCarey Olsen
ArticleJersey Private FundsThe Jersey Financial Services Commission ("JFSC") has implemented the Jersey Private Fund Guide Regime ("JPF") on 18 April 2017. JerseyFinance and BankingCarey Olsen
ArticleBermuda Captive InsurersDriven by rising insurance premiums and diminishing property and casualty coverage, beginning in the late 1960s, Bermuda emerged as the domicile of choice for the majority of the world's insurance captives.BermudaInsuranceCarey Olsen
ArticleCompetition Law In Jersey – The Royal Court Considers Alleged Abuse Of A Dominant Position For The First TimeIn ATF Overseas Holdings Limited v The Jersey Competition and Regulatory Authority [2018] JRC 004, the Royal Court has for the first time considered an appeal against a finding ...European UnionAntitrust/Competition LawCarey Olsen
ArticleIn The Matter Of The E Trust And The F Trust: MistakeThis case concerned an application by the Representors, in S and his mother WS to set aside the E Trust on the grounds of mistake.JerseyCorporate/Commercial LawCarey Olsen
ArticleJersey To Introduce Statutory Migration Regime For Limited Partnerships Into JerseyJersey will shortly introduce a welcome and straightforward statutory regime to allow non-Jersey limited partnerships to continue (ie migrate) into Jersey. This is likely to be attractive...JerseyFinance and BankingCarey Olsen
ArticleA Stable Environment For HNW Private ClientsThe American economist Nouriel Roubini iterates that geopolitical issues are becoming more important: "Because how can you understand the economy if you don't understand geopolitics"BermudaFamily and MatrimonialCarey Olsen