Jersey Foundations - New Reporting Requirements

A significant change to the Foundations (Jersey) Law 2009 is expected to take effect on 1 December, requiring qualified members to file an abridged version of the foundation's regulations with the JFSC. Only certain details relating to the operation of the council and guardian are reportable and the new requirements expressly exclude any information that would allow any person to be identified. Details of a transitional period will be announced soon, but qualified members should consider taking advice on the new obligations in the meantime.

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JERSEY
Robert DobbynPartnerT +44 (0) 1534 700 773robert.dobbyn@walkersglobal.com
Tom FothergillSenior AssociateT +44 (0) 1534 700 724tom.fothergill@walkersglobal.com