Civil Asset recovery - Jersey powers and recent actions?
This article considers recent Jersey laws and cases about civil asset recovery.
Do Contracts trump Court’s discretion for legal costs recovery?
This article considers recent Jersey case law about how much of your legal costs the courts will award following successful legal action.
Are your invoicing processes open to internal fraud?
The sentencing at the Royal Courts of Roy Jeanne and Michael Timms for their roles in a multi-million pound fraud are a stark reminder to all firms that internal fraud can happen at any business.
Briefing - Sanctions update – Putin does not control every company in Russia!
OFSI in the UK has now issued clarificatory guidance in response to a surprising decision by the English Court of Appeal with serious consequences for Jersey businesses subject to the application of Jersey’s sanction’s laws.
The Court of Appeal stated that "in a very real sense (and certainly in the sense of [the applicable regulation], Mr Putin could be deemed to control everything in Russia". This briefing note considers the impact of that decision and the current position post the clarification by OFSI.