Increasing flexibility and use of Jersey Court sanctioned banking business transfers
The Banking Business (Jersey) Law 1991 (Banking Law) allows Jersey banking business (technically deposit taking business) to be transferred from one licensed bank to another by means of a court-sanctioned scheme.
Guernsey limited liability partnerships
Guernsey introduced its form of limited liability partnership with effect from 13 May 2014 in response to increasing demand for this type of structure in Guernsey, with all the benefits and advantages that Guernsey offers generally as a jurisdiction in which to do business.
Jersey court examines Directors’ duties and relief from liability
The Royal Court has recently examined directors’ duties in Jersey law in the case of Vilsmeier v AI Airports International Limited and PI Power International Limited [2014] JRC 257.



