‘Islands could face increased scrutiny’

The warning from Carey Olsen partner Mark Dunster comes ahead of an upcoming breakfast seminar organised by the firm and Pinsent Masons that will focus on regulatory investigations and how best to respond to them.

At the seminar at St Pierre Park Hotel on 14 November, experts in regulatory, fraud and tax investigations from both law firms will discuss best practice principles that should be followed when responding to increasingly frequent enquiries from the likes of HM Revenue & Customs.

‘With the growing prospect of a Labour government coming into power in the UK, the Crown Dependencies could come under increased scrutiny from HMRC as Jeremy Corbyn has promised ramping up tax investigations into the offshore world,’ said Mr Dunster.

‘Our expert panel will be examining a case study on HMRC’s ability to seek information in Guernsey and the tools available to them, as well as the options Guernsey service providers have to resist or limit responses to such enquiries.’

Carey Olsen counsel Simon Florance, a specialist in regulatory matters, will also be speaking along with Pinsent Masons partners Jason Collins and Alan Sheeley.

A UK tax practitioner, Mr Collins specialises in resolving complex disputes with HMRC in all aspects of direct tax and VAT. Mr Sheeley has extensive experience advising on both foreign and domestic commercial frauds as well as onshore and offshore trust litigation.

n For further information or to book a delegate place, please contact Ellie Torode on 01481 741580 or ellie.torode@careyolsen.com.