As part of its new development strategy, Guernsey Finance has this week published its funds distribution strategy statement, Connecting to the parts of the world managers want to reach.
The statement sets out Guernsey's plan to become the global jurisdictional platform helping managers re...
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By We Are Guernsey on
30 April 2018
Advocate Helen Ruelle has joined Ogier as the firm's new Director of Local Legal Services.
One of the island's most prominent employment lawyers, Helen was previously a Partner at Mourant Ozannes and led its Jersey Employment Law team during a 16-year career at the firm.
Her new role at Og...
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By Ogier on
30 April 2018
Seven individuals from Jersey’s private, public and voluntary sectors were recognised for their leadership qualities and achievements at the 2018 Jersey Director of the Year Awards, organised by IoD Jersey and held at the Hotel de France last Friday.
The full list of winners is:
• Direct...
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By Crystal PR on
30 April 2018
Appleby has announced the appointment of three Partners in its Guernsey office.
Andrew Harding moves to Guernsey after 12 years in Appleby's Isle of Man office. He specialises in the formation, restructuring and termination of investment funds and has experience in a wide variety of alternative...
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By Appleby on
30 April 2018
Jersey-based private wealth management, trustee and corporate services firm Baccata Trustees has appointed Tim Cartwright as a full-time Senior Consultant.
Tim brings to the firm over three decades of experience working with international private clients, most recently with a focus on the Middle Ea...
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By Edge Media on
30 April 2018
Channel Islands facilities management company AFM has appointed Mark Powell as Commercial Manager, based in Guernsey.
Mark brings to the role over 20 years of director-level experience in the UK facilities management industry. He joins AFM from SPIE UK, a provider of hard facilities management and ...
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By Liquid on
30 April 2018
The Chief Minister of Jersey, Senator Ian Gorst (pictured), has presented a report to the States Assembly, confirming that the island has cooperated fully in a review of the arrangements for the exchange of notes on beneficial ownership between the United Kingdom, Crown Dependencies and Overseas Ter...
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By States of Jersey on
30 April 2018
The Employee Share Ownership (Esop) Centre and STEP Jersey are to hold their annual share schemes and trustees seminar on 2 May.
The event will include talks from:
• David Pett, specialist employee share ownership barrister – update on the spat between UK and EU which has lef...
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By Hurlstons on
26 April 2018
London-based Seven Investment Management (7IM) has received regulatory approval from the Jersey Financial Services Commission (JFSC) to open a Jersey office in St Helier.
The office will be led by Grant Hamilton (pictured), who was previously a Director of Rathbones in Jersey.
&nb...
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By 7IM on
26 April 2018
The Jersey Chamber of Commerce has released further details of its Chamber Lunch in May.
Sebastian Burnside, Senior Economist at RBS, will look at key issues from a local and global perspective, including:
• The disruptive economy: How technology is changing the way the economy works, fo...
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By Jersey Chamber of Commerce on
25 April 2018
Ravenscroft has grown its assets under administration to £4.44bn – an increase of 55 per cent in 12 months.
Its latest annual report shows that the company, which has offices in Guernsey and Jersey and launched into UK last summer, has increased group revenue by 15 per cent to £20...
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By Ravenscroft on
25 April 2018
JT Group has named Phil Male as its new Chair, succeeding John Stares, who stood down at the end of March after five years in the role.
Phil has been a Non-Executive Director of JT since 2011, and previously chaired the group’s nomination committee, as well as sitting on its audit...
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By Direct Input on
24 April 2018
Jersey-based fiduciary group Fairway Trust has promoted two of its Managers, Emma Craggs (pictured far right) and Jackie Highfield, to Senior Trust Manager positions within the firm.
Emma joined Fairway at the start of 2016, having spent eight years as a Trust Manager at Helm Trust Company. Prior t...
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By Fairway Group on
24 April 2018
Ogier has been named Offshore Law Firm of the Year at the Chambers Europe Awards 2018, held in Madrid last Friday.
It’s the second time in the past three years that Ogier, which has offices in Guernsey, Jersey and Luxembourg, has been recognised with the award.
Partner Fabien Debroise (Luxem...
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By Ogier on
24 April 2018
Jersey Business and the Institute of Directors are hosting a breakfast seminar this week that promises to update company Directors on their responsibilities.
The event, at the Pomme d'Or Hotel on 26 April, will highlight:
• Steps to ensure you and your business operate responsibly
• U...
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By Jersey Business on
23 April 2018
Carey Olsen's corporate and finance team in Guernsey has been recognised at the IFLR Europe Awards 2018, for its work on AnaCap Financial Europe's €325m inaugural bond issue.
The team won the High Yield Deal of the Year prize at the awards, which took place in London this wee...
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By Carey Olsen on
20 April 2018
D2 Real Estate has been awarded the mandate to manage the property portfolio of the Channel Island Property Fund.
It means D2 Real Estate now has over £400 million worth of commercial property under management throughout the Guernsey, Jersey and the Isle of Man.
The Channel Island Pro...
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By Suzanne le Lay on
20 April 2018
Guernsey-based advisory firm LTS Tax has made two senior hires and one senior promotion.
Dave Parrott has been appointed Associate Director and Sarah Kenealy Tax Manager, while Luke Harding has been promoted to Associate Director.
Luke specialises in the UK taxation of trusts and has 13 yea...
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By LTS Tax on
19 April 2018
Jersey-based Minerva Trust & Corporate Services has been appointed to provide corporate secretarial and administration support for VI Mining, a gold and silver producer based in Peru, which has recently listed on the London Stock Exchange.
Shares of VI Mining, a Jersey-incorporated company, wer...
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By Minerva on
19 April 2018
Private client business Highvern Group has appointed Natalie Jelley as Compliance Director.
Natalie was previously Head of Compliance for trust and funds business Link Asset Services (formerly Capita Asset Services), based in Jersey, where she had responsibility for the compliance function of...
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18 April 2018
The Guernsey Financial Services Commission has appointed four Senior Decision Makers to sit on its panel of Queen’s Counsel.
The Commission established the panel in 2014 to determine the outcome of major enforcement cases. A Senior Decision Maker, sitting alone, hears cases involving findings...
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By Guernsey Financial Services Commission on
18 April 2018
The Guernsey Financial Services Commission has signed a Memorandum of Understanding (MoU) with the Bank of England.
The new agreement is a reaffirmation of a long-held relationship between the Guernsey regulator and the Bank’s Prudential Regulation Authority (PRA), which dates back to t...
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By We Are Guernsey on
18 April 2018
Dr Roger Barker, Corporate Governance Advisor at the Institute of Directors, has been confirmed as a speaker at this year’s ICSA: The Governance Institute’s Annual Conference at the Royal Yacht Hotel in Jersey on 26 April.
Dr Barker will discuss what proposed revisions to the UK C...
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By ICSA on
18 April 2018
Carey Olsen has advised AX1 on the initial coin offering (ICO) of the AX1 Token.
The ICO proceeds will be invested by AX1's subsidiary into a cryptocurrency mining operation in the UK.
Partner Chris Griffin led the Carey Olsen team advising AX1, assisted by Associate Joseph Barker-...
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By Carey Olsen on
16 April 2018
The board of the Association of Investment Companies (AIC) has appointed Susie Farnon as a Non-Executive Director.
Susie brings to the role significant experience as a chartered accountant. She has a number of Non-Executive Directorships of investment companies investing in alternative assets...
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16 April 2018
Ogier has acted as legal adviser to the Sandpiper Group, a long-standing client of the firm, on the acquisition of the Liberty Wharf retail complex in St Helier, which completed last month.
The Ogier team, led by Partner Jonathan Hughes and Managing Associate Katharine Marshall, advised on the Jers...
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By Ogier on
16 April 2018
Guernsey Finance has stepped up its work in London with the appointment of Adrian Norman as its London Representative.
Adrian will be permanently based in London, with a remit to promote awareness of the island’s finance offering, educate about Guernsey’s financial services, and c...
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By Guernsey Finance on
13 April 2018
Channel Island creative and digital agency Oi has appointed former Microsoft executive Chris Atkinson as its Executive Team Development Consultant.
Chris specialises in executive team development and coaching business leaders to achieve their full potential.
He served as a Vice President at ...
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By Oi on
13 April 2018
Only the British Virgin Islands and Cayman Islands are less complex than Jersey when it comes to accounting and tax compliance, according to TMF Group’s Financial Complexity Index (FCI) for 2018.
The index ranked Jersey 92nd out of 94 jurisdictions across Europe, the Middle East, Africa, Asia...
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By TMF Group on
12 April 2018
The latest Jersey Labour Market report, published this week by the States of Jersey, demonstrate sustained growth in finance sector jobs.
According to the report, employment in the sector increased by 230 jobs on an annual basis, with total employment at the highest level for nine years. ...
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By Crystal PR on
12 April 2018
Paul McCormick has been appointed as an Executive Director of Sydney Charles Financial Services.
Paul joined the Guernsey-based firm in 2015 from HSBC and has more than a decade’s experience in providing a range of financial services to clients on the island. Earlier in his career, he s...
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By Hamilton Brooke on
12 April 2018
Carey Olsen's corporate team in Guernsey has advised Blue Water Energy (BWE) on its investment in new Norwegian oil firm Mime Petroleum.
Partnering with Blackstone Energy Partners, the combined investment by BWE and Blackstone for Mime Petroleum is for an initial sum of up to $1bn.
...
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By Carey Olsen on
12 April 2018
EY has announced a number of senior promotions across the Channel Islands.
In the tax team, Áine Slater (pictured) has been promoted to Director, while Emily Bodkin and Zaeem Youssouf (pictured) have been promoted to Senior Manager.
Within the assurance team, Iaan Erasmus, Debbie Maclachlan...
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By EY on
11 April 2018
Jersey experienced an 86 per cent rise in M&A deal value in 2017, while Guernsey recorded a 40 per cent increase, in a year in which deal activity rose across the offshore region as a whole, according to Appleby.
The latest edition of the law firm's Offshore-i report, which examines M...
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By Appleby on
11 April 2018
Collas Crill has advised fund manager Phoenix Asset Management Partners in connection with the investment of up to £19.45 million by Phoenix UK Fund in stamp and collectibles business Stanley Gibbons Group.
The transaction involved the restructuring of external debt and the acquisition of cer...
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By Collas Crill on
11 April 2018
The Minister for Treasury and Resources, Senator Alan Maclean, has allocated an additional £440,000 to the Ministry for External Relations to continue its work to prepare Jersey for Brexit. This increases the Brexit budget from £3.7 million to £4.1 million.
In a statement, th...
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By States of Jersey on
10 April 2018
Guernsey's property open market continues to show signs of increased activity, according to the latest figures from Unusualities of Guernsey, a compiler of local conveyancing statistics.
In the first quarter of 2018 there were 17 open market transactions, compared with five for the same p...
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By Carey Olsen on
10 April 2018
The Channel Islands Treasurers Association (CITA) has appointed its first officers and adopted its constitution following its first general meeting.
The association, founded earlier this year, aims to bring together companies and individuals involved in treasury functions, such as managing or...
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By Orchard PR on
9 April 2018
Bedell Cristin has advised the Abu Dhabi Investment Authority on all Jersey law matters in relation to the circa £300m sale of Regent Quarter in London's King's Cross to Hong Kong-based Nan Fung Group.
The property comprises 250,000 square feet spread across 30 bu...
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By Crystal PR on
9 April 2018
Global consultancy Duff & Phelps has promoted Malin Nilsson (pictured) to Managing Director within its Compliance and Regulatory Consulting practice in the Channel Islands.
In her former role as Director since 2012, Malin has focused on establishing Duff & Phelps’ Jersey office....
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By Crystal PR on
9 April 2018
Guernsey-based professional services company RAS Group has completed its investment in White Rock Brewery Co.
Simon Golland, Partner at RAS, commented: “Members of the White Rock board approached RAS regarding the possibility of supporting a management buyout of the business.
"Th...
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By RAS Group on
6 April 2018
Ahead of Jersey’s general elections on 16 May, Jersey Finance has published a document – Working Together for a Better Future – to highlight its vision for the future and a potential roadmap for the finance sector and the island more widely.
Geoff Cook, CEO of Jersey Finance, comm...
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By Crystal PR on
6 April 2018
Digital Jersey has announced details of two free-to-attend events taking place this month.
The first – Procurement Techniques for Your Digital Business – will be held on Monday 16 April from midday to 1.30pm at Société Jersiaise in St Helier.
Run by Digital Jersey and the...
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By Digital Jersey on
6 April 2018
Walkers has acted as Jersey Counsel to Westbrooke Alternative Asset Management UK on the establishment and launch of two Jersey Private Funds.
With a presence in South Africa and the UK, Westbrooke Alternative Asset Management aims to create and preserve wealth on behalf of its clients,...
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By Walkers on
5 April 2018
Guernsey has inveiled a development strategy for the island’s financial services sector, with a focus on green investment.
Guernsey Finance Acting Director of Strategy Dr Andy Sloan said the aim was to develop the broadest and best range of product with a green focus among internat...
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By We Are Guernsey on
5 April 2018
Financial services group PraxisIFM has completed its acquisition of Amsterdam-based Private Equity Services Group (PES).
PES is a boutique fiduciary group servicing alternative investment funds and international business clients with management, domiciliation, administrative, corporate and fund ser...
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By PraxisIFM on
5 April 2018
Specialist residential property adviser LCP (London Central Portfolio) examines recent government statistics that reflect falling numbers of properties owned in corporate structures
Government statistics published for the Annual Tax for Enveloped Dwellings (ATED) show falling numbers of o...
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By London Central Portfolio (LCP) on
4 April 2018
Artificial intelligence commentator Nick Bostrom (pictured) – whose book Superintelligence has been praised by Stephen Hawking, Elon Musk and Bill Gates – is a confirmed speaker at both of Jersey Finance's conferences to be held in London this month.
The conferences – at 8 Nor...
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By Crystal PR on
4 April 2018
Ogier has assisted Safe Harbour Holdings with the admission and listing of its shares on AIM. Trading commenced on 15 March.
Safe Harbour aims to acquire a platform trading business with an enterprise value in the region of £250 million to £1.5bn via a buy-and-build strategy.
It hopes ...
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By Ogier on
4 April 2018
Intertrust in Jersey has appointed Melissa McConnell as a Client Director in its Performance and Reward Management team.
Leading the deferred compensation team, Melissa will manage a range of client portfolios, providing trustee and administration services to clients required to defer their bonuses...
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By Orchard PR on
3 April 2018
Vishal Soorkia has been promoted to Associate Partner at EY in the Channel Islands.
Vishal joined the firm in 2007 as a Manager in the assurance team. He has been a Director for the past three and a half years, working across real estate, banking, capital markets and asset managemen...
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By EY on
3 April 2018