Business News Archive

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April  2017  (49)

  • Appleby advises on Kennedy Wilson merger

    Appleby thumbnail logoOffshore law firm Appleby has advised the independent committee of Jersey-based Kennedy Wilson Europe Real Estate (KWE) on its proposed merger with Kennedy Wilson Holdings (KW).  The merger will see KWE become a fully owned subsidiary of KW, pursuant to an all-share combination transactio...     [read more]

    By Appleby on  28 April 2017 
  • Pinel Advocates to host investment funds seminar in July

    Pinel AdvocatesJersey-based law firm Pinel Advocates is holding an investment funds seminar – ‘Investments Funds Update: A Changing World’ – on 4 July at the Royal Hotel, Jersey, from 2.00pm to 4.45pm. The event will focus on the challenges and changes facing the investment funds market in...     [read more]

    By Pinel Advocates on  28 April 2017 
  • Non-dom reforms among changes put on hold by UK government

    Philip HammondThe UK Chancellor has put on hold a series of ‘significant clauses’ from the Finance Bill (no2) 2017 that affect the international advice market, reports International Investment. This includes the deemed domicile change that came into force on 6 April, which reduces the period of time ...     [read more]

    By BL Global on  27 April 2017 
  • Association of Data Protection Officers formed to help with GDPR

    ADPO logoWith the impending implementation of the General Data Protection Regulation (GDPR), requiring businesses to increase their focus in this area, an Association of Data Protection Officers (ADPO) has been set up to support local industry. GDPR, which takes effect in May 2018, will see a major overhaul...     [read more]

    By Collas Crill on  27 April 2017 
  • Chamber of Commerce lunch to focus on economy

    Jersey Chamber of Commerce logoAt the upcoming Jersey Chamber of Commerce lunch in May, Stephen Blackman, Principal Economist at RBS, will give his view on the economic outlook and global environment, with an additional focus on local economic issues. He will consider the impact of Brexit, a snap UK election, rising inflati...     [read more]

    By Jersey Chamber of Commerce on  27 April 2017 
  • Ogier advises European real estate combination transaction

    Ogier new logoOgier is acting as legal adviser to global real estate investment company Kennedy-Wilson Holdings (KW) in its all-share combination transaction with Kennedy Wilson Europe Real Estate (KWE).  KWE is an LSE-listed property company that invests in direct real estate and real estate loans across t...     [read more]

    By Crystal PR on  27 April 2017 
  • Hawksford granted trust licence by Monetary Authority of Singapore

    Hawksford logoCorporate services business Hawksford is now able to provide trust services in Singapore, having secured a trust licence in the region. The licence, issued by the Monetary Authority of Singapore (MAS), enables the company to provide trust services to private and corporate clients in one of Asi...     [read more]

    By Liquid on  26 April 2017 
  • Inaugural Guernsey Private Investment Funds launched

    We Are Guernsey logoGuernsey Finance has today confirmed the launch of two Private Investment Funds (PIFs), only four months after the new structure was developed and released to the global investment community. With more applications pending, the first two are: • Cairngorm Capital II private investment fun...     [read more]

    By Orchard PR on  26 April 2017 
  • Ipes wins at Private Equity Awards 2017

    ipes logoOutsourced services provider Ipes has been named Fund Administrator of the Year at the 2017 Private Equity Awards. Ipes’ submission focused on its support for the sector, particularly the launch of the ID Register, an online platform for connected due diligence, centralised KYC, FATCA an...     [read more]

    By Ipes on  26 April 2017 
  • Aztec Group appoints Associate Director in Luxembourg

    Stephen OsmontFund and corporate services provider the Aztec Group has appointed Stephen Osmont as Associate Director in Luxembourg.  In his new role, Stephen will lead the real assets teams, with responsibility for the relationship management activities of those teams. He will work closely alongside t...     [read more]

    By Aztec on  26 April 2017 
  • Viberts makes two senior appointments

    Rebecca Morley-KirkViberts has announced two senior appointments to its team of Jersey lawyers. Advocate Rebecca Morley-Kirk (pictured), a litigation expert with a track record of handling complex civil cases, has been appointed as a Partner in the litigation team, where she will work alongside Advocate Christina Hal...     [read more]

    By Viberts on  25 April 2017 
  • Innovation, disruption and crime on agenda at Jersey private wealth conference

    Jersey Finance lionJersey Finance’s annual private wealth conference in London next month will focus on how the international wealth management industry is responding to unprecedented market disruption, regulatory change and the rise of 'post-truth' politics. The half-day event – entitled A New Ha...     [read more]

    By Crystal PR on  25 April 2017 
  • Last chance for Channel Islands Funds Forum early bird tickets

    CIFFThere’s only four more days to take advantage of the early bird rate for this year’s Channel Islands Funds Forum, so delegates are advised to book as soon as possible this week to take advantage of the special price. The event – ‘A Sharper Focus’ – is produced in...     [read more]

    By BL Global on  24 April 2017 
  • Sanne appoints Co-Head of Private Debt & Capital Markets

    Charles Le CornuOutsourced services company Sanne has appointed Charles Le Cornu as its Co-Head of Private Debt & Capital Markets business, based in Jersey. Charles will be responsible for the strategic direction, management and delivery of Sanne’s business objectives in this sector, with a focus on serv...     [read more]

    By Liquid on  24 April 2017 
  • Private client lawyer joins Trust Corporation International

    Lydia EssaLondon lawyer Lydia Essa has joined the board of Trust Corporation International as a Trust Director, from boutique private client law firm Maurice Turnor Gardner.   Lydia relocated to Guernsey last year with her family. A law graduate from Cambridge, she was a Senior Associate in the priv...     [read more]

    By Orchard PR on  24 April 2017 
  • New General Data Protection Regulation to be discussed at IoD Jersey Lunch

    IoD LogoThe General Data Protection Regulation (GDPR) is due to come into force in May 2018 in Jersey and Guernsey. It will update data protection rights for the internet and digital age, controlling how governments and businesses process individuals’ information.  It will also mean that busines...     [read more]

    By IoD on  21 April 2017 
  • Channel Islands’ social entrepreneurs invited to join Lloyds Bank programme

    SSE logoThe Lloyds Bank Social Entrepreneurs Programme, in partnership with the School for Social Entrepreneurs (SSE), is open for Channel Islands applications for the first time. It is looking for individuals starting up and running organisations that have a social and environmental impact to join its pro...     [read more]

    By Crystal PR on  21 April 2017 
  • BioMedPartners raises CHF75 million in first closing of healthcare venture fund

    BioMedPartners logoBioMedPartners has announced the first closing of BioMedInvest III, its third Guernsey-domiciled equity venture capital fund, at CHF75 million. The healthcare venture capital fund invests in private early-to-mid-stage companies in Switzerland, Germany and neighbouring countries of the European Unio...     [read more]

    By Black Vanilla on  21 April 2017 
  • Vantage acquires Hassell Blampied Associates

    Vantage logoJersey-based corporate services group Vantage has purchased specialist HR consultancy Hassell Blampied Associates (HBA). HBA, also headquartered in Jersey, was established in 1996 and offers remuneration surveys, HR advisory and recruitment services to companies in Jersey, Guernsey and the Isle of ...     [read more]

    By Trish Grover on  21 April 2017 
  • Equiom makes appointment to client services team

    Jo GorrodProfessional services provider Equiom has appointed Jo Gorrod as Client Services Director, joining the client services team in Jersey. Jo has over 20 years’ experience in the trust industry in Jersey and is an Associate of the Chartered Institute of Secretaries.  Having worked in s...     [read more]

    By Equiom on  21 April 2017 
  • Guernsey publishes Digital Sector Strategic Framework

    The States of Guernsey has launched a document detailing how it will support the development of the digital economy over the next decade. The Digital Sector Strategic Framework sets out 10 strategic actions for the States. These include: • Targeting high-value, low footprint, digital industrie...     [read more]

    By States Of Guernsey on  21 April 2017 
  • Impact of Brexit on Guernsey to be discussed at STEP conference

    STEP new logoBrexit and what it means for the island will come under the spotlight during a panel debate at the STEP Guernsey branch conference on 22 June. The event, which is open to members and non-members, is an opportunity for delegates to hear from a range of industry speakers.  The keynote spee...     [read more]

    By Liquid on  20 April 2017 
  • Waves adds to team as launch plans move forward

    Waves logoWaves, the Channel Island airline launched by local entrepreneur Nick Magliocchetti in January, has made a number of appointments and brought forward its plans to launch an inter-island air taxi service. Software entrepreneur Barrie Baxter has joined the business as Deputy CEO and brings a wea...     [read more]

    By Liquid on  20 April 2017 
  • Rowlands Recruitment makes three promotions

    Georgina MoehleJersey-based recruitment services provider Rowlands has promoted three of its staff – Georgina Moehle (nee Mills) to Client Services Manager; Claudia Sutton to Brand Manager/Senior Recruitment Consultant; and Jennifer Littlemore to Operations Manager.  Georgina joined Rowlands in Septemb...     [read more]

    By Rowlands Recruitment on  19 April 2017 
  • Strong year for Standard Bank in Jersey

    Standard Bank logoThe international division of Standard Bank, Wealth International – which is headquartered in Jersey but also has offices in the Isle of Man, Mauritius, London and South Africa – has announced a positive set of results for 2016. The bank says its performance reflected the boost to ...     [read more]

    By Direct Input on  19 April 2017 
  • Perspectives from Channel Islands NEDs Forum

    NEDs Forum_Hot SeatToday’s boards, wherever they are located, must be able to identify and assess the risks and opportunities of global developments to their business. John Clacy (pictured), moderator at the recent Channel Islands NED Forum, heard business leaders’ views on the issues boards face today &nb...     [read more]

    By BL Global on  19 April 2017 
  • Carey Olsen advises on Guernsey Private Investment Fund

    carey olsen logo 2017Carey Olsen's corporate team in Guernsey has advised private investment firm Cairngorm Capital Partners on the £107.5 million final closing of its second fund, Cairngorm Capital II.   Carey Olsen claims this is the first Guernsey fund to be established as a Private Investment Fund (PI...     [read more]

    By Orchard PR on  18 April 2017 
  • Investment fund increases stake in PraxisIFM following TISE listing

    PraxisIFM logoThe Financial Services Opportunities Investment Fund is increasing its stake in PraxisIFM to 21.4 per cent, following the financial services group’s listing on TISE.  The investment fund has acquired a further 12.4 per cent of the issued share capital of PraxisIFM Group, which provides p...     [read more]

    By Liquid on  18 April 2017 
  • Rathbone breakfast event to focus on Trump

    Rathbones logoRathbone Investment Management International is holding a breakfast event – entitled Another Year of Surprises? – on Tuesday 25 April at The Royal Yacht Hotel, St Helier. Led by Rathbone Asset Allocation Strategist Edward Smith and Head of Equity Research Sanjiv Tumkur, the session...     [read more]

    By Ruby PR on  13 April 2017 
  • Jersey Chamber of Commerce to hold second GDPR briefing

    Jersey Chamber of Commerce logoThe Jersey Chamber of Commerce is holding a second half-day briefing event to give an overview of the General Data Protection Regulation (GDPR), which comes into force in May 2018, affecting every business in Jersey.  Any business that holds data about individuals will be subject to GDPR legis...     [read more]

    By Jersey Chamber of Commerce on  13 April 2017 
  • EY announces management promotions

    Hollie Johnson-TartEY has made a number of promotions in its assurance team.  Hollie Johnson-Tart (pictured), who joined the firm as a trainee, has been promoted to Manager. She has been with the firm for more than six years and now focuses on the banking and private equity sectors. She is responsible for ...     [read more]

    By EY on  13 April 2017 
  • PraxisIFM Group lists on The International Stock Exchange

    PraxisIFM logoFinancial services business PraxisIFM Group has today listed on The International Stock Exchange (TISE).  The Guernsey-registered business, which has assets under administration in excess of $40bn and operates across 10 jurisdictions, was listed with a market capitalisation of just over £...     [read more]

    By Liquid on  12 April 2017 
  • JTC makes Netherlands acquisition

    New JTC logoFund, corporate and fiduciary services provider JTC Group has acquired Netherlands-based New Amsterdam Cititrust (NACT). The deal remains subject to regulatory approvals, but the transaction is expected to complete by the middle of this year. All NACT’s management team and staff are expe...     [read more]

    By JTC Group on  12 April 2017 
  • TISE gains recognition from German regulator

    TISE logoThe International Stock Exchange (TISE) has received recognition from Germany's federal financial supervisory authority, BaFin.   This means German funds established under the European Union’s Undertakings for Collective Investment in Transferable Securities (UCITS) Directive can now ...     [read more]

    By TISE on  11 April 2017 
  • Channel Islands winners at Chambers Europe Awards

    chambers logoTwo Channel Islands law firms triumphed at this year’s Chambers Europe Awards, which was held at the Grosvenor House Hotel in London last Friday. Mourant Ozannes was named Offshore Law Firm of the Year, while Bedell Cristin was honoured for Offshore Client Service. The awards recognise the w...     [read more]

    By BL Global on  11 April 2017 
  • GFSC names two new Commissioners

    John AspdenThe Guernsey Financial Services Commission has appointed two new Commissioners. John Aspden (pictured top) has significant experience in investment and banking supervision in the public and private sectors. He was Chief Executive of the Financial Supervision Commission in the Isle of Man from 1998...     [read more]

    By Guernsey Financial Services Commission on  11 April 2017 
  • EY to host tax transparency seminar

    EY logoEY is holding a tax transparency update seminar at the Royal Yacht Hotel on 24 April from 8.30am.  The seminar, which is free to attend, will give an update on the FATCA and CRS implementations. It will focus on the key considerations in advance of the 2017 reporting, as well as looking a...     [read more]

    By EY on  10 April 2017 
  • Partner promotions announced at Babbé

    KatherineHitchinsGuernsey law firm Babbé has announced that Robert Varley and Katherine Hitchins have become Partners as from 31 March.      Robert joined Babbé as a Consultant in the corporate, commercial and funds teams, having previously served as Managing Partner of Walkers' Duba...     [read more]

    By Babbé Legal on  10 April 2017 
  • Equiom appoints Global Head of Corporate Communications

    Matt TabbProfessional services provider Equiom has named Matt Tabb as its Global Head of Corporate Communications, based in Jersey.  Matt bring to the team more than 19 years’ experience in the marketing communications, having worked with global brands including Procter & Gamble, Mastercard a...     [read more]

    By Equiom on  10 April 2017 
  • Prosperity 24.7 makes two promotions

    Paul Marshall Prosperity 24.7Jersey-based technology specialist Prosperity 24.7 has made two promotions.  Paul Marshall has moved up from Head of Business Change to the newly created position of Director of Business Change. Paul has been with the team since 2013, having previously worked for Greenlight. In his new role, ...     [read more]

    By Prosperity 24.7 on  10 April 2017 
  • Jersey enacts new UN Financial Sanctions law

    The Minister for External Relations, Senator Sir Philip Bailhache, has brought into force the United Nations Financial Sanctions (Jersey) Law 2017, as of 1 April 2017.  The law enables Jersey to comply with its obligations under the UN Charter to put financial sanctions restrictions in place &...     [read more]

    By States of Jersey on  10 April 2017 
  • Sanne awarded depositary licence in Luxembourg

    Sanne logoCorporate services provider Sanne has been awarded a licence to provide professional depositary services in Luxembourg.  The firm’s Luxembourg office will now be authorised as a depositary for assets other than financial instruments held in custody. This will allow it to offer additional...     [read more]

    By Liquid on  10 April 2017 
  • Digital Jersey to focus on small businesses at Enterprise Week event

    Digital Jersey logoDigital Jersey has is partnering with Jersey Business and the Chamber of Commerce for an event during this year’s Jersey Business Enterprise Week. To be held on the evening of 16 May, the free-to-attend event is entitled ‘3 Technologies for Small Business Success’. Delegates will ...     [read more]

    By Digital Jersey on  7 April 2017 
  • Opinion: Life in the hot seat

    Phil EyrePhil Eyre, Founder of leadership coaching consultancy Leaders, gives his view on the recent Channel Islands NEDS Forum and identifies three key themes in the NED space   More than 70 directors and leaders from across the Channel Islands gathered at the recent Channel Islands NEDs Forum, organis...     [read more]

    6 April 2017 
  • PraxisIFM makes acquisition in Middle East

    PraxisIFM logoPraxisIFM has completed the acquisition of Ryland Gray, based in Dubai.  Ryland Gray, established in Dubai in 1995, offers financial administration and corporate consultancy services across the Arab Gulf Cooperation Council States. It specialises in structural financial solutions for corporate...     [read more]

    By Liquid on  5 April 2017 
  • Crestbridge extends global footprint to Bahrain

    Crestbridge logoCorporate services provider Crestbridge has completed its acquisition of Ohad Trust, a trust, fund and corporate services provider based in Manama, Bahrain.    With regulatory consent having been received from the Central Bank of Bahrain, Ohad has become part of the Crestbridge Group, whic...     [read more]

    By Crystal PR on  4 April 2017 
  • Orchard appoints Account Manager

    DanGallienneDan Gallienne has been promoted to Account Manager at Orchard PR.   In this new role, Dan will play a key part in client management, working alongside the firm’s Account Directors.   He has been with Orchard since 2014, supporting a range of clients in the telecoms, property and fina...     [read more]

    By Orchard PR on  4 April 2017 
  • Carey Olsen conference to focus on incoming GDPR regulation

    carey olsen logo 2017The potential impact of General Data Protection Regulation (GDPR) on Jersey businesses will be the main focus of a Carey Olsen half-day conference later this month.   During the conference, which is free to attend, delegates will receive presentations from government bodies and industry authori...     [read more]

    By Orchard PR on  3 April 2017 
  • Vistra makes German acquisition

    Vistra logoCorporate service provider Vistra has announced the acquisition of Optegra, a German-based specialist in auditing, tax consultancy, legal advisory and management consultancy services. With offices in Cologne, Hamburg and Munich, Optegra has 120 staff serving clients from a range of sectors, in...     [read more]

    By Nacelle on  3 April 2017 

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