Nin Ritchie

Oct 9, 2024 | mondaq.com | Michael Adkins |Nin Ritchie |Amy Davies |Alice Allen

The Sanctions (Bailiwick of Guernsey) Law, 2018 (the Sanctions Law) and the Terrorist Asset-Freezing (Bailiwick of Guernsey) Law 2011 (the Laws) have been around for some time, so most of us are aware of our obligation to make a report to the Policy and Resources Committee (the Committee) under them.

May 2, 2024 | mondaq.com | Michael Adkins |Nin Ritchie |Amy Davies

The Forfeiture of Assets in Civil Proceedings (Bailiwick of Guernsey) Law, 2023 (the New Law) comes into force today (26 April 2024). The thrust of this new legislation is to broaden further the scope of the already broadened civil forfeiture law in Guernsey. Therefore, maximising Guernsey's ability to detain, freeze and forfeit property suspected of being the proceeds of unlawful conduct.

Feb 2, 2024 | mondaq.com | Nin Ritchie |Amy Davies

Further to Bailiwick of Guernsey Consent Regime guidance issued in April 2023 (Guidance), a recent change in approach from the Guernsey Financial Intelligence Unit (FIU) is set to make the difficult role of Money Laundering Reporting Officer (MLRO) more challenging. The FIU have previously adopted a generally helpful, informed and risk based approach in considering consent requests.

Oct 22, 2023 | mondaq.com | Wayne Atkinson |Nin Ritchie

Following our Fast Cars, fake art and $300,000 fish event earlier this year, Collas Crill Partners Wayne Atkinson and Nin Ritchie explore the world of collectibles in our latest 'On the sofa' episode. The collectibles space is constantly changing with new weird and wonderful asset classes coming to the fore alongside traditional art and antiques. These changes bring new challenges to those assisting high-net worth clients with asset protection and wealth management.

Jul 28, 2023 | mondaq.com | Nin Ritchie |Sandra Lawrence

WEDNESDAY 26 JULY 2023 Amendments to the Disclosure (Bailiwick of Guernsey) Law, 2007 were approved unanimously by the States of Deliberation on 5 July 2023. Here, Group Partner in our Dispute Resolution team Nin Ritchie explains what these amendments mean: 4E of the Ordinance (below) takes Guernsey one step closer to establishing Guernsey Integrated Money Laundering and Terrorist Financing Intelligence Task Force (GIMLIT) (a public-private partnership).