The following may be of interest and a good time to refresh on the “Substance” issues and requirements General matters 1. In the General Secretariat’s report published yesterday, each of the Cayman Islands and the BVI were recognised for their cooperation and positive dialogue in respect of their economic substance requirements, and remain committed to […]

In the matter of the Representation of IFM Corporate Trustees Limited v Helliwell and Mountain[2015] JRC160 the Royal Court of Jersey was asked to exercise its discretion to make an order for rectification.  It warned that if a trust constitutes a scheme that is technically lawful but is so contrived and artificial that it would […]

Thursday, January 29, 2015 Collas Crill and Comsure will host a free Risk Outlook Workshop in early February. This year looks to bring with it even more regulations and greater demands for transparency, putting pressure not only on compliance functions but everyone within a financial services organisation from the top down. With a number of […]