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Jersey Financial Services Commission – Registry Fees Consultation Paper

By Emma

What is this? On 3 November 2020, the Island’s regulatory authority, the Jersey Financial Services Commission (the JFSC) published a consultation paper in connection with fees the JFSC proposes to charge for Registry related services with effect from 1 January 2021 (the Consultation Paper). The Consultation Paper has been published…

Financial Services (Disclosure and Provision of Information) (Jersey) Law 202-

By Emma

Financial Services (Disclosure and Provision of Information) (Jersey) Law 2020 The Financial Services (Disclosure and Provision of Information) (Jersey) Law 2020 (“FSDL”) has been registered by the Royal Court and the FSDL, together with the accompanying Financial Services (Disclosure and Provision of Information) (Jersey) Regulations 2020 (the “Regulations”), will come…

A Cash Box Structure

By Emma

What is it? A cash box structure or placing is a method used by a plc to raise funds quickly from institutional investors. It is a cheaper method of raising funds than a more traditional placing of shares, rights issue or plain vanilla debt financing. Why use one? The principal…

Crystal Ball Gazing – Cash Flow Insolvency in Jersey

By Emma

One of the consequences of the current financial climate caused by the recent pandemic is that the question of solvency will become a more frequent consideration when examining the viability of a business going forward. For the purposes of the Bankruptcy (Désastre) (Jersey) Law 1990 (the “Bankruptcy Law”) and the…

New Parental Leave Legislation

By Emma

The States have approved the appointed day act for the Employment (Amendment No.11) (Jersey) Law 2020 which will introduce extended rights for parents in the workplace from 28 June 2020. Maternity, parental and adoption leave is now referred to as parental leave and is extended to 52 weeks of which…

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