Money laundering is a serious offence which and the Jersey courts (AG-v-Goodwin [2016] JRC 165 / The Attorney General -v-Darryn Rae Antonio Miguel Spinola) has previously had regard to the English authority of R v Monfries [2004] 2 Cr. App. R.(S) 3, in which the English Court of Appeal set out a number of principles:- […]

Jersey has been given £20,000 after a Danish fraudster used the island to hide his assets. Bjorn Steidl stole nearly £40 million pounds from various companies, and was sentenced in 1999. Courts in Denmark ordered nearly £8 million be retrieved from his assets. In 2014 it was discovered Steidl held money in bank accounts in […]

The Judicial Committee of the Privy Council has handed down a landmark judgment (1) concerning the doctrine of tracing, which confirms the approach taken by the Royal Court and the Jersey Court of Appeal regarding the previously unsettled question of whether so-called ‘backwards tracing’ is permissible under Jersey law. Facts The Federal Republic of Brazil and […]