Insights

Legal Fees – Should the Trustees always negotiate?

In the recent case of In the Matter of the F Charitable Trust [2017] JRC 142 the Jersey Royal Court (Court) provided guidance to the trustees as to what it expected from them when they plan to engage in litigation on behalf of the trust and what will the Court consider in order to bless such a trustee decision.

Jersey for Institutional Investing: A clear choice

Jersey Finance, which is a body that represents and promotes Jersey internationally, commissioned an independent report to illustrate Jersey’s important role in the effective management of pension funds and other institutional assets.

Effective Corporate Governance and the role of Board of Jersey Companies

The board of each company has specific aims and responsibilities that should ultimately work towards the long term success of the company. The responsibilities of the board and each individual board member are very rarely set out in the company’s constitutional documents; rather they are often set out within the terms of reference of the board meetings and/or within the documents that detail the remit and responsibilities of each individual board member.

Resident in the UK – Useful Guidance for Directors of Jersey Companies

In this briefing, I have attempted to consider two useful cases which deal with residence of non-UK companies for tax purposes.

International Tax Transparency

The Global Forum on Transparency and Exchange of Information for Tax Purposes is a multilateral framework of tax transparency and information sharing with over 140 jurisdictions participating on this initiative.

The Art of Holding Art

High Net worth individuals are increasingly interested in acquiring art and collectibles, whether it is as a pure investment to diversify from traditional asset classes, or for social and cultural reasons. No matter the driver for the acquisition or holding of Art, it is imperative that the Trustees take a diligent and meticulous approach in the acquisition, ongoing administration and disposal of art.