Jersey: Government, Public Sector

Jersey's distinct legal framework governs estate succession for international investors holding assets in the jurisdiction.

As we discussed in our previous article ‘No More LIBOR', the interest rate benchmark LIBOR is expected to cease after the end of 2021 and Banks and other lenders and their counterparties...

In this chapter, we have tried to set out some of the key issues that a lender and its counsel need to consider when entering into a typical subscription or capital call finance transaction.

Jersey and Guernsey's anti-money laundering laws have created a Kafkaesque system where bank accounts can be frozen indefinitely based on mere suspicion, without judicial oversight or time limits. This article examines how compliance officers' concerns can trap account holders in a legal limbo, and explores the emerging 'private law action' that offers a potential escape route through the courts.

A recent industry discussion involving Baker Regulatory Services, Sqope Intelligence, JTC Group and Mourant Consulting highlighted a recurring theme across regulated jurisdictions: regulatory intervention...

In January 2023, Schedule 2 of the Proceeds of Crime (Jersey) Law 1999 (Schedule 2) was recast such that scope exemptions were removed, definitions were aligned with FATF Standards...