The States Assembly passed the Bank (Recovery and Resolution) (Jersey) Law 201 on 14th February 2017 (Resolution Law). It is essential that banks in Jersey consider the dramatic changes brought about by the Resolution Law and plan or seek advice about its coming into force.
So what happens to our digital legacy? Whilst English and Jersey case law on the subject of the transfer of digital assets is virtually non-existent, there are some steps you can take to ensure your digital assets are protected in the future.
On 10 June 2016, the Chief Minister’s Department published a draft Digital Policy Framework, setting out how Jersey intends to capitalize on digital technology. The deadline for comments on the draft Digital Policy Framework is 5 August 2016.
A new Dormant Bank Accounts (Jersey) Law 2017 (the “Dormant Accounts Law”) has come into force in July 2017. Find out more about the Dormant Accounts Law, how dormant accounts are processed, what businesses must do to prepare, where the money goes, and the overall scope of the law.
The Serious Fraud Office charged Barclays Plc and four ex-employees with conspiracy to commit fraud and the provision of unlawful financial assistance. This article looks at some of the regulatory issues and considers what is the position in Jersey?
In this series of publications, we will try to explain (in terms that a simple lawyer can understand) some key phrases currently prevalent in the digital community. First up is "The Internet of Things".