Further clarity on economic substance issues for Channel Islands Fund Managers
26 April 2019
Joint Guidance Notes (JGNs) have been published setting out further detail on the application of the new economic substance legislation in each of the three Crown Dependencies of Jersey, Guernsey and the Isle of Man. This note considers key aspects from a fund management perspective.
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Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.
