07/07/2020
Dishonesty in complex fraud claims
The principal question facing the Court of Appeal was therefore whether it was obliged to follow the decision of the Supreme Court in Ivey.
Legal, Regulation & Compliance
07/07/2020
A focus on pension schemes in Guernsey and Jersey
The regulatory proposals aim to further protect the rights and interests of pension scheme members and beneficiaries while supporting business growth in the pensions sector and ensuring that the framework is proportionate.
07/07/2020
Two at Mourant win STEP Excellence Award
Jamie completed his Diploma (typically taking two years) in just six months, while achieving a distinction in each exam.
07/06/2020
Carey Olsen acts in BVI's first major virtual trial since COVID-19 lockdown
It is understood to be the the first fully virtual trial of its kind ever to be held in the BVI.
07/06/2020
UK sanctions regime to target human rights abusers
The whistleblower's maltreatment while in custody has been condemned by the European Court of Human Rights.
07/06/2020
Nucleus warns platform market shift is bad news for IFAs
There have been some high-profile cases of botched replatformings and mergers causing havoc for advisers, with some unable to access their clients’ cash for days.
07/05/2020
CySEC fines Commerzbank for market manipulation
According to the terms and conditions governed the specific products the underlying basket was (theoretically) virtual and therefore no actual investment into the underlying was supposed to take place.
07/05/2020
CSDR: The Final Chapter?
It’s fantastic to know that the UK government is looking to drive the financial sector, berated by so many outside it’s immediate circle, but crucial to the country as a whole as an independent entity.
07/03/2020
Central Beneficial Ownership Register Introduced for ICAVs and Unit Trusts
The Financial Vehicles Regulations make specific provision for what constitutes a "beneficial owner" of a unit trust and prescribe for a threshold level of ownership.
07/03/2020
Covid-19: Protecting Personal Data– The New Normal
At the same time, their smart home devices are capable of recording confidential conversations and their phones are able to track their movements with increasing precision.
07/03/2020
Offshore Business Update - Appleby
The purpose of this report is to help our clients better understand what “business as usual” in our jurisdictions* actually means.
07/03/2020
Four Carey Olsen lawyers among Channel Islands Top 35 Under 35
Four lawyers from across Carey Olsen's Guernsey and Jersey offices are featured in the 2020 eprivateclient Channel Islands Top 35 Under 35.
07/03/2020
Bedell Cristin lawyers named in Channel Islands top young professionals’ list
She is an Advocate of the Royal Court of Guernsey
07/03/2020
Basel Committee finalises AML/CFT guidelines on supervisory cooperation
The revisions set out principles and recommendations for information exchange
07/03/2020
DWP Kicks Off Charge Cap Review
The charge cap is an important regulatory tool for ensuring that member-borne administrative costs are fair and reasonable
07/03/2020
Malta's registrar given new powers to check beneficial ownership
The Registrar can now also demand that a company hands over any document or information to confirm the beneficial ownership report it has submitted.
07/03/2020
FCA policy statement on final regulated fees and levies for 2020/21
The Ministry of Justice (MoJ) has launched a consultation seeking views from the legal sector, business, and the judiciary on which British courts should have the power to depart from retained EU case law following the Transition Period.
07/03/2020
Former Barclays CEO John Varley grilled on negotiations with Qatar in High Court
On the first day of Varley's testimony, Staveley’s attorney pressed him on the blue-chip bank’s negotiations with Qatar
07/03/2020
Brexit and financial services: finally it’s the final countdown
Banking and capital markets firms currently face two challenges.
07/03/2020
UEFA adopts temporary emergency measures for Financial Fair Play
The newly approved temporary rules mainly address overdue payables and the break-even rule.