Deloitte challenge PwC in £25m claim over Guernsey ‘Ponzi’ scheme  PwC in bid to dismiss £25m claim over a Guernsey ‘Ponzi’ scheme Big Four auditor up against the administrators (Deloitte) in Providence collapse PWC AND THE REGULATED FUND (PONZI SCHEME) The closed-ended GFSC AUTHORISED AND REGULATED absolute return fund aimed to provide investors with annual returns […]

Channel Islands firms (especially trustees) should ensure that information relating to their deliberations and the exercise of their discretion (including any legal advice they seek) remains in Jersey/Guernsey (Channel Islands).  Where overseas (outside the channel islands) advisers are used (e.g., the UK) there is a danger that such information may be disclosed under the data […]