A new set of regulatory amendments to Jersey’s company law will add greater flexibility to the jurisdiction’s corporate environment and enhance its appeal for corporate restructuring and M&A activity, according to the chief executive of Jersey Finance.
The new regulations, Companies (Demerger) (Jersey) Regulations 2018 were approved by Jersey’s government earlier this month (10 July) and aim to provide a better, clearer and more flexible framework for ‘demerging’ companies.
In particular, the regulations will enable the undertaking, property, rights and liabilities of a Jersey company to be...