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Landmark ruling for Guernsey trusts

Landmark ruling for Guernsey trusts

Posted on May 24, 2018

A landmark Privy Council ruling has been hailed as good news for Guernsey by an island-based lawyer. Nick Robison acted for trustees of the Tchenguiz Discretionary Trust, who had appealed a Guernsey Court of Appeal ruling of 2015 to the Privy Council. The Guernsey court had held that a creditor of a trustee may enforce a debt directly against the assets of...

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New London-based Guernsey representative

New London-based Guernsey representative

Posted on Apr 24, 2018

Guernsey Finance has stepped up its work in London with the  appointment of its new London-based representative. The island’s promotional agency recently announced Adrian Norman as its latest team member. Adrian will be permanently based in London with a remit to further promote awareness of the island’s finance offering, to educate about Guernsey’s...

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Guernsey trust law, 10 years on

Guernsey trust law, 10 years on

Posted on Mar 19, 2018

17 March marked 10 years since the Trusts (Guernsey) Law, 2007, came into full effect. The legislation, which replaced the Trusts (Guernsey) Law, 1989, was designed to create a more flexible framework for the local trust industry and to provide better protection for both settlors and trustees. Russell Clark, who heads up the trust and private wealth...

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