Funds which will be made available to a restricted circle of persons, in particular no more than fifty persons, and will not be listed on a stock exchange within one year, are treated as private funds in Jersey (“Private Funds”).

Islam is the second largest and fastest growing religion in the world. When protecting and preserving his wealth, the client must, with professional advice, take into account not only the various tax liabilities of his country of residence but also the likely impact of any forced heirship provisions. This factsheet outlines how foundations or trusts can be successfully tailored to form an important part of a client’s strategy for safeguarding asset(s) while complying with Sharia law.

The Trusts (Amendment No. 5) (Jersey) Law 201- was adopted by the States of Jersey on 3 November 2011 and is awaiting its sanction by H.M. Privy Council before being brought into force, which is likely to be in the first half of 2012. Rather than introducing new concepts into the Trusts (Jersey) Law 1984, such as the anticipated trustees’ non-possessory lien, the Amendment clarifies certain matters which have previously been the subject of some debate. This briefing outlines the amendments it contains.

This factsheet is intended to assist clients or advisers considering listing a company incorporated in Jersey on AIM.

A brief overview of the main Guernsey requirements for both a migration in and out is set out in the attached factsheet.

The requirements will vary depending on the circumstances, in particular whether the company is regulated in Jersey or elsewhere. Set out in the attached factsheet is a brief overview of the main Jersey requirements for both a continuance in and out.

Probate work, whether in the preparation of wills or the administration of estates, demands a high level of sensitivity and understanding. We hope the following guidelines to Jersey Probate for non-residents is helpful. Understanding clients’ concerns and achieving solutions and objectives with minimum fuss are our key aims.

Guidelines for making a will - Jersey Residents

Under the Mental Health (Jersey) Law 1969, the Royal Court will appoint a curator for a person (“the Interdict”) who is deemed incapable of managing and administering his or her own affairs by reason of a mental disorder or addiction. This Factsheet contains a broad outline of curatorships in Jersey.

The Banking Business (Depositors Compensation) (Jersey) Regulations (the “Regulations”) established a Jersey depositors compensation scheme (the “Scheme”) designed to provide compensation to any person who has a bank account in Jersey with Jersey registered bank which enters bankruptcy. This has the effect of introducing a depositors compensation scheme equivalent to that in the United Kingdom.

The Security Interests (Jersey) Law 1983, governing the creation of security over intangible movables, is due to replaced in 2012 and will offer secured parties new flexible methods of creation of security to enhance their position. This Factsheet explains the new law and suggests what a secured lender should be doing now.

This diagram to designed to help show how to set up a Property Fund Structure.

Company Law in the Channel Islands: A Comparative Note

A Platform Fund (“P-Fund”) is an investment fund established as a limited liability company or limited partnership, forming part of an umbrella type platform (the “Platform”).

This guide outlines the end-to-end timescales for establishing a fund in Jersey. The timescales are indicative and may vary due to the levels of regulatory comment and the ability of the parties to finalise documentation.