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Jersey Case Law

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Banking [2024] JRC 157

Representation of Butterfield Bank (Jersey) Limited and Butterfield Bank (Guernsey) Limited

Representation of Butterfield Bank (Jersey) Limited and Butterfield Bank (Guernsey) Limited [2024] JRC 157 (12 July 2024)

The Jersey Royal Court sanctioned a scheme transferring Butterfield Bank (Jersey) Limited’s business to Butterfield Bank (Guernsey) Limited through a Jersey branch.

  • Business transfer
  • Scheme sanction
  • Regulatory compliance
  • Capital adequacy
  • Customer protection
  • Banking-business-transfer
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Health and safety [2022] JRC 249

AG v ROK Homes Limited

AG v ROK Homes Limited [2022] JRC 249 (11 November 2022)

The court held that an electrical cable had to be live to count as an “existing electrical service” under Regulation 21, and addressed when construction work begins for that duty.

  • Interpretation of 'existing services'
  • Duties before commencement of construction work
  • Risk assessment
  • Regulatory compliance
  • Health-and-safety
  • Construction-law
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Banking law [2022] JRC 199

Representation of Lloyds Bank (International Services) Limited and Anor

Representation of Lloyds Bank (International Services) Limited and Anor [2022] JRC 199 (27 September 2022)

The Jersey Royal Court sanctioned a scheme transferring Lloyds International’s deposit-taking business to Lloyds Corporate’s Jersey branch under the Banking Business (Jersey) Law 1991.

  • Business transfer scheme
  • Capital adequacy
  • Creditor hierarchy
  • Regulatory compliance
  • Banking-law
  • Financial-regulation
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Banking law [2019] JRC 225A

Representation of Lloyds Bank International Limited and Lloyds Bank Corporate Markets Plc, Jersey Branch

Representation of Lloyds Bank International Limited and Lloyds Bank Corporate Markets Plc, Jersey Branch [2019] JRC 225A (20 November 2019)

The Jersey Royal Court sanctioned an intra-group banking business transfer from Lloyds Bank International Limited to the Jersey branch of Lloyds Bank Corporate Markets Plc.

  • Business transfer schemes
  • Deposit-taking business
  • Client asset protection
  • Regulatory compliance
  • Banking-law
  • Financial-regulation
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Insurance law [2019] JRC 214A

Representation of Canada Life 28-Oct-2019

Representation of Canada Life 28-Oct-2019 [2019] JRC 214A (28 October 2019)

The Jersey Royal Court sanctioned a transfer of long-term insurance business from Canada Life to Scottish Friendly, finding the scheme met statutory requirements and was fair to policyholders.

  • Business transfer
  • Policyholder protection
  • Regulatory compliance
  • Insurance-law
  • Business-transfer
  • Policyholder-protection
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Insurance law [2019] JRC 213

Representation of Utmost Ireland Designated Activety Company and Utmost PanEurope Designated Activity Company 28-Oct-2019

Representation of Utmost Ireland Designated Activety Company and Utmost PanEurope Designated Activity Company 28-Oct-2019 [2019] JRC 213 (28 October 2019)

The Royal Court sanctioned a Jersey insurance business transfer from Utmost Ireland to Utmost PanEurope, finding the scheme procedurally compliant, fair, and not adverse to policyholders.

  • Transfer of insurance business
  • Regulatory compliance
  • Policyholder protection
  • Insurance-law
  • Insurance-business-transfer
  • Policyholder-protection
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Financial regulation [2018] 1 JLR 106

Francis v. JFSC

Francis v. JFSC [2018] 1 JLR 106 (04 December 2017)

The court held that the Jersey Financial Services Commission acted within its statutory powers and followed proper procedure, dismissing Francis’s application.

  • Regulatory compliance
  • Financial-regulation
  • Regulatory-compliance
  • Administrative-law
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Banking law [2017] JRC 180

Rep of HSBC Int Ltd and HSBC Bank PLC

Rep of HSBC Int Ltd and HSBC Bank PLC [2017] JRC 180 (26 October 2017)

The Royal Court sanctioned an intra-group banking business transfer under the Banking Business (Jersey) Law 1991, finding jurisdiction and fairness requirements satisfied.

  • Scheme of transfer
  • Deposit-taking business
  • Intra-group transfer
  • Court sanction
  • Regulatory compliance
  • Banking-law
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Insurance law [2016] JRC 091A

Representation of Teachers Provident Society Ltd and Liverpool Victoria Friendly Society Limited

Representation of Teachers Provident Society Ltd and Liverpool Victoria Friendly Society Limited [2016] JRC 091A (05 May 2016)

The Jersey Royal Court sanctioned a transfer of Teachers Provident Society’s long-term insurance business in Jersey to Liverpool Victoria under the Insurance Business (Jersey) Law 1996.

  • Transfer of insurance business
  • Friendly societies
  • Policyholder protection
  • Regulatory compliance
  • Insurance-business-transfer
  • Friendly-societies
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Banking law [2015] JRC 138

Representation of Abbey National international Limited

Representation of Abbey National international Limited [2015] JRC 138 (25 June 2015)

The Royal Court of Jersey sanctioned a scheme transferring ANIL's deposit-taking business and related liabilities to Santander UK's Jersey Branch under the Banking Business (Jersey) Law 1991.

  • Business transfer
  • Deposit-taking business
  • Court sanction of schemes
  • Customer protection
  • Regulatory compliance
  • Banking-law
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Jersey decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.