The BVI Business Companies (Amendment) Act 2015, which is due to come into force shortly, introduces a number of important changes to the provisions of the BVI Business Companies Act which are expected to have a beneficial effect for companies registered in the BVI.
Law Firm: Carey Olsen | Published: 22 January 2016 | Practice Area: Corporate
The new EU Data Protection Reform package, agreed in December, aims to strengthen citizens' rights via the use of global data protection standards, streamline international transfers and more robustly enforce the current rules. This briefing looks at the key changes and their potential impact.
Law Firm: Carey Olsen | Published: 14 January 2016 | Practice Area: Data Protection and Privacy
The Royal Court of Jersey has dismissed a challenge to the validity of the Taxation (Exchange of Information with Third Countries) (Jersey) Regulations 2008. This decision provides helpful guidance on the operation of the amended regulations.
Law Firm: Carey Olsen | Published: 06 January 2016 | Practice Area: Taxation
Jersey, the largest of the Channel Islands, is a British Crown dependency but has its own financial, legal and judicial systems. In general employment law in Jersey is heavily influenced by English case law
Law Firm: Carey Olsen | Published: 15 December 2015 | Practice Area: Employment
As of 2 November, residential leases in Jersey are subject to the residential tenancy deposit scheme. The scheme is a government authorised tenancy deposit protection scheme designed to safeguard tenants’ deposits and regulate their return at the end of a tenancy.
Law Firm: Carey Olsen | Published: 09 December 2015 | Practice Area: Landlord and Tenant
Guernsey has issued regulations to implement the Common Reporting Standard, a development which will be of interest to financial institutions resident in Guernsey for the purposes of compliance with the CRS, as well as non-resident financial institutions with a permanent establishment in Guernsey.
Law Firm: Carey Olsen | Published: 03 December 2015 | Practice Area: Financial Reporting
One of the first questions that founders of startup companies need to consider is where to incorporate their company, and more than one million companies have been formed in the British Virgin Islands (BVI) The BVI appeals to investors for a number of reasons, as this briefing explains.
Law Firm: Carey Olsen | Published: 26 November 2015 | Practice Area: Company Administration
This briefing looks at a recent prosecution under the Proceeds of Crime (Jersey) Law 1999 which caused considerable concern across the Channel Islands for all those involved in the regulatory and compliance industry, focusing on the lessons that can be learned from this example.
Law Firm: Carey Olsen | Published: 20 November 2015 | Practice Area: Financial Services Regulation
The BVI is a popular jurisdiction for the establishment of trusts, but there are few reported decisions from the BVI courts on trust law. However, the Eastern Caribbean Court of Appeal has brought the BVI back into line with other offshore trust jurisdictions in this area, as this briefing explains.
Law Firm: Carey Olsen | Published: 17 November 2015 | Practice Area: Succession Planning and Trusts
A recent unreported decision has demonstrated the Jersey Royal Court's willingness to make disclosure orders not only to police post-judgment freezing orders but also to ensure that judgment creditors have all the information they need to enforce their judgments worldwide.
Law Firm: Carey Olsen | Published: 12 November 2015 | Practice Area: Litigation and Dispute Resolution
8-10 Throgmorton Avenue