ARTICLE
20 September 2016

Ogier Advise On First Jersey Managed Trust Company For Chinese Firm

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Ogier

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Ogier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg law. Our network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo. Legal services for the corporate and financial sectors form the core of our business, principally in the areas of banking and finance, corporate, investment funds, dispute resolution, private equity and private wealth. We also have strong practices in the areas of employee benefits and incentives, employment law, regulatory, restructuring and corporate recovery and property. Our corporate administration business, Ogier Global, works closely with Ogier's partner-led legal teams to incorporate and administer a wide variety of vehicles, offering clients integrated legal and corporate administration services. We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients.
Ogier's Jersey and Hong Kong offices have advised on the establishment of the first ever Managed Trust Company in Jersey for a Chinese institution.
Jersey Wealth Management

Ogier's Jersey and Hong Kong offices have advised on the establishment of the first ever Managed Trust Company in Jersey for a Chinese institution.

The Jersey Financial Services Commission has issued a licence to Ark Trust (Jersey) Limited, a subsidiary of Chinese firm Noah Wealth Management.

Under the terms of the licence, Noah will be able to offer Jersey trust structures to clients, but the administration will be provided by an existing trust services provider based in Jersey.

Raulin Amy led the Jersey team including Katherine Neal and Steve Meiklejohn on the work, while the Hong Kong element of the work was led by Lara Mardell.

Raulin said: "This is work that breaks new ground, which is something that we have been focussed on since we opened our Hong Kong office almost a decade ago.

"The co-operation between our six jurisdictions enables us not just to create and advise on a wider range of alternatives to fit the individual needs of our clients, it also enables us to advise on cross-jurisdictional activity such as this."

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