• 26/02/2014 / Briefing

    An Introduction to the New Channel Islands Securities Exchange

    The restructuring of the Channel Islands Stock Exchange by way of a scheme of arrangement was approved by the Royal Court in Guernsey on 20 December 2013. The new structure sees the exchange authority handling day-to-day operations separated from a parent company marketing the exchange and setting strategy.

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  • 27/11/2013 / Briefing

    Summary of Jersey companies

    A helpful guide to the use and flexibility of Jersey companies.

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  • 24/10/2013 / Briefing

    Foreign Account Tax Compliance Act (FATCA) – United States of America (USA)

    It is widely anticipated that the States of Jersey will soon sign an Intergovernmental Agreement (IGA) with the USA to implement the new Foreign Account Tax Compliance Act (FATCA). Under such an IGA, all financial institutions in Jersey will be obliged to identify all “account holders” who are US Persons for tax purposes and to exchange certain information with the US Internal Revenue Service (IRS) in respect of those US account holders and the accounts held by them.

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  • 13/12/2012 / Briefing

    Luxembourg UCITS: Requirements on Substance and Internal Control

    Issued on 24 October 2012, CSSF Circular 12/546 looks at the authorisation and organisation of Luxembourg UCITS management companies and self-managed investment companies, setting down “inter alia” requirements applicable to their governing bodies.

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