|Type of consultation||Green paper|
|Deadline for comments||17/02/2012|
About the consultation
This consultation paper outlines a number of proposed amendments to the Companies (Jersey) Law 1991. The proposed amendments include provisions to clarify the law as well as make potential improvements. It is likely that successful proposals will be implemented both through the enactment of regulations and through an amendment to the Law.Download the Amendments to Companies (Jersey) Law 1991 Green Paper (size 302kb)
How to submit comments to the consultation
This consultation is now closed
Responses to the consultation
In all, two individual responses were initially received by the Economic Development Department, one from Appleby and one from the Association of Investment Companies. One further combined response was also received from five Jersey Law firms:
- Bedell Cristin
- Carey Olsen
- Mourant Ozannes
Comments were also received from the Funds Division of the Jersey Financial Services Commission (JFSC) and the Deputy Registrar of Companies.
In addition to the public responses, the Economic Development Department commissioned two external reports (one from a practising UK barrister and one from a Professor of Law and Finance at the University of Oxford).
The responses and reports are analysed in the consultation response paper.
The response paper noted that the responses received had raised a number of issues which required further reflection and consultation before a final decision was made regarding how to proceed with the proposed amendments.
After further consulation a supplemental response paper was produced.
Further enquiries concerning the consultation and / or this document may be directed to:
Director, Finance Industry Development
Economic Development Department
Cyril Le Marquand House