Global offshore law firm Mourant has advised Brazilian private equity firm IG4 Capital in connection with its agreement with Alberta Investment Management Corporation to inject 400 million reais ($107.26m) in Brazilian water service holding company Iguá Saneamento through the investment vehic...
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By Mourant on
30 April 2019
Pinel Advocates has appointed Janina Porter as a Senior Associate within its Wills and Probate team.
Janina has significant experience of Jersey probate applications, administration of estates and wills and succession matters.
She joins the firm from BCR Law, where she has spent the pa...
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By Pinel Advocates on
30 April 2019
Jersey’s digital sector is already roughly equal in size to the tourism sector, with more than 100 new digital tech jobs being created each year since 2010, although there remains a concern about skills shortages on the island.
These are just some of the key findings of a new independent revi...
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By Digital Jersey on
30 April 2019
The States of Guernsey has published its guidance on economic substance, having consulted with industry to clarify legislative and reporting requirements to meet the EU Council Code Group’s standards. It has also been working closely with the other Crown Dependencies and the European Commissio...
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By Guernsey Finance on
30 April 2019
Jersey-based administration and fiduciary services provider Ocorian has appointed Anthony Zarmakoupis as its new Chief Financial Officer.
Anthony brings to the new role extensive international experience from the trust and corporate services sector. He has worked in a number of senior f...
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By Ocorian on
30 April 2019
Matthew Wilson has joined Smith & Williamson International's investment management team in Jersey as Director, responsible for providing investment advice and management services to international and Jersey high-net-worth families.
Matthew has 20 years' experience working in the p...
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By ORCHID on
29 April 2019
Trust Corporation International has made two internal promotions – Nicki Garnham to the newly created role of Head of Finance and Mark Bougourd to Head of Client Accounting.
Nicki has been with the firm for the past five years, previously as Client Accounting Manager, and will now provide lea...
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By Orchard PR on
29 April 2019
The Private Equity Awards, held in London last week, have recognised the best in European private equity.
Now in its 18th year, the event is one of the oldest for the private equity industry and those who advise it, supported by Cass Business School and a judging panel of leading industry pra...
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By BL Global on
29 April 2019
Fund, corporate and private wealth services provider JTC has appointed Tony Whitney (pictured right) as Chief Commercial Officer (CCO) and promoted Jonathan Jennings to Group Head of Institutional Client Services (ICS).
Tony, who is based in Jersey, takes on the CCO role, a new Group Holdings ...
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By Crystal PR on
29 April 2019
Guernsey Green Finance (GGF) and the Guernsey International Insurance Association have set out a strategic view on ways to develop green insurance product in the island, in a response to a discussion paper from the Guernsey Financial Services Commission.
The response was developed in a collaborativ...
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By Guernsey Green Finance on
29 April 2019
EY has announced four promotions to the role of Senior Manager within its Channel Islands offices – Jo Bold, Adam Knight and Daniel Luwum within the assurance and advisory teams, and Cristian Anton within the tax team.
Jo has more than a decade’s experience in the wealth and asset...
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By EY on
26 April 2019
Guernsey-based Oak, the newly launched private client, corporate services and fund administration group, has acquired International Administration Group (IAG).
Founded in 2000 by Mark Woodall and Alison Simpson, IAG is a specialist fund administration business also based in Guernsey. It ...
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By Orchard PR on
25 April 2019
ABN Amro Bank has signed an agreement for the sale of its Channel Islands operations to Butterfield Bank.
The proposed transaction, which is still subject to regulatory approvals, is expected to close before the end of Q3 2019. The aggregate purchase price is reported to be £161m i...
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By Orchard PR on
25 April 2019
Guernsey's Court of Appeal has upheld the judgment that none of the US investment firm The Carlyle Group, its investment manager, Carlyle Investment Management, or the directors of Carlyle Capital Corporation, were responsible for Carlyle Capital Corporation, a Guernsey investment fund, going in...
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By Ogier on
25 April 2019
The Government of Jersey has published the States of Jersey Annual Report and Accounts for 2018.
The report shows that the organisation maintained a strong closing balance sheet, with net assets of £6.8bn, as well as reflecting rises in expenditure – up £80m (7%) on 2017.
K...
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By Government of Jersey on
25 April 2019
The Jersey Financial Services Commission (JFSC) has received top ratings for its trust company regulation following the first evaluation of its kind by the Group of International Finance Centre Supervisors (GIFCS).
Jersey was the first international finance centre to be assessed under the GIFCS Sta...
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By Jersey Financial Services Commission on
23 April 2019
Jersey Finance has responded to recent reports in local and international media that Jersey is in danger of once again being included in the EU’s tax blacklist.
The reports claim that a review from a senior OECD official has called for amendments to Jersey's new legal framework for ...
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By Jersey Finance on
23 April 2019
Financial services specilalist Estera has supported Hipgnosis Songs Fund with its first fundraise, which has significantly exceeded its target.
Hipgnosis Songs Fund is a Guernsey-registered fund that invests in songs and musical intellectual property rights and trades on the Specialist Fund Segment...
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By Estera on
23 April 2019
Jersey Finance has made two appointments to the team in its Dubai office – Mihaela Cornelia Moldoveanu (pictured) as Business Development Director, Gulf Markets, and Faizal Bhana, Business Development Director, Middle East and Africa.
Fluent in six European languages, Mihaela (known as E...
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By Jersey Finance on
18 April 2019
The quarterly Jersey Business Tendency Survey (BTS) has been released, providing timely, qualitative information about the island’s economy.
As part of the survey, compiled by Statistics Jersey, chief executives and managing directors are asked for their opinions on the current situation of t...
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By Government of Jersey on
18 April 2019
A cross-jurisdictional Carey Olsen team has advised global professional services firm Marsh & McLennan Companies (MMC) on its acquisition of insurer Jardine Lloyd Thompson Group for $5.6bn in fully diluted equity value.
The acquisition, which was first announced in September 2018, has now...
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By Carey Olsen on
18 April 2019
Fund administration and fiduciary services provider Estera has advised Bluefield Solar Income Fund on its application for accreditation as a Guernsey Green Fund – making it the first London-listed investment fund to achieve Guernsey Green Fund status.
Independent certification was...
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By Estera on
16 April 2019
Jersey-based administration and corporate governance business Crestbridge has appointed Bashar Bazian as Managing Director of its Bahrain office.
The office, which became part of Crestbridge in April 2017 after the acquisition of Ohad Trust, provides a wide range of services, including administrati...
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By Crystal PR on
16 April 2019
The Guernsey International Business Association (GIBA) has appointed a new Chair and Deputy Chair.
Tony Mancini (pictured right), a Tax Partner at accountancy firm KPMG, takes up the position of Chair. Tony has previously sat on the association's Executive Committee as Deputy Chairman.
H...
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By Black Vanilla on
15 April 2019
Fund administrator Apex Group has appointed Gareth Smith as its new Head of Channel Islands, to manage the group’s operation and client service delivery across Jersey and Guernsey.
A qualified Chartered Accountant with technical expertise in property and private equity fund, Gareth joins from...
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By Apex Group on
15 April 2019
The Institute of Directors has elected Lisa Springate, Head of Technical at Jersey Finance, as the new Chair of IoD Jersey. She will succeed Chris Clark at the IoD Annual Members Meeting on 23 May.
Lisa has been a member of the board of the IoD since 2017. A UK Barrister/Jersey Advocate, as H...
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By Natasha Egre on
15 April 2019
Jersey-based law firm Lexstone has recruited two international private wealth practitioners into consultancy roles, to strengthen the firm's offering for local charities, and in pensions and trusts law.
Charlotte Brambilla, a Jersey Advocate and English Barrister, brings to the firm more t...
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By Lexstone Lawyers on
15 April 2019
Financial services provider Estera has appointed Andre de la Mare and Sharon Rogers as Associate Directors within its Guernsey office.
Andre and Sharon will be responsible for helping Estera and its Directors manage and develop the firm’s private wealth and corporate services. They will...
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By Estera on
15 April 2019
Several companies with operations in the Channel Islands have triumphed at this year’s WealthBriefing European Awards.
The awards presentation, held on 11 April in London, showcased the best providers across the private banking, wealth management and adviser sectors – individuals a...
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By WealthBriefing on
15 April 2019
Moore Stephens has brought together its audit teams across the Channel Islands under the leadership of Managing Director Phillip Callow (pictured), in his extended role as Head of Channel Islands Audit and Assurance.
Phillip, a fellow of the ICAEW, has more than 20 years’ experience wit...
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By Orchard PR on
11 April 2019
Jersey-based Rathbone Investment Management International has appointed Joel Graves as an Investment Director, responsible for managing multi-asset discretionary portfolios for private clients, offshore trusts and charities.
Joel began his finance career in 2005 as a Wealth Manager with HSBC i...
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By Rathbone on
11 April 2019
The Channel Islands Information Security Forum (CIISF) is holding a seminar on 17 April entitled Building your own cyber security capabilities.
The free-to-attend event will be held from 12.45pm to 2pm at the Digital Jersey Hub in St Helier. It will explore how we can defend ourselves against the p...
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By KPMG on
10 April 2019
Standard Bank Wealth International, based in Jersey but with offices also in the Isle of Man and Mauritius, has announced a positive set of results for 2018, reflecting a year of continuing growth for the business.
Headline earnings (the primary measure of earnings after tax and other adjustme...
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By BWI on
9 April 2019
Andrew Prosser, Investment Manager at Brooks Macdonald International, is the only Channel Islands-based professional to feature in a recently released list profiling emerging wealth talent, published by Citywire.
Andrew, based in Jersey, has been named in the Top 30 under 30: the 2019 class of...
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By Crystal PR on
9 April 2019
Intertrust has made two Director appointments within its Jersey office – Laura Butler in the performance and reward management team and Helier de Veulle in compliance, risk and control.
Laura has more than 20 years' experience working with employment benefit trusts and company share...
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By Orchard PR on
8 April 2019
Sustained jobs growth and record levels of employment in Jersey’s financial services industry reflect an optimism in Jersey’s future as an evolving, forward-thinking international finance centre, according to Joe Moynihan (pictured), Chief Executive of Jersey Finance.
The latest Jersey ...
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By Crystal PR on
8 April 2019
London-based financial markets consultancy Catalyst Development has announced its merger with global financial services specialist Sionic Advisors.
The deal is set to create a consulting firm with a combined revenue of over $60 million and more than 300 staff across North America, Europe and ...
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By Catalyst Development on
8 April 2019
Appleby has assisted longstanding client Tritax Big Box REIT (TBBR) with its £370 million acquisition of an 87% stake in UK warehouse developer db symmetry, which completed at the end of February, and TBBR's raising of £400 million via a US private placement.
db symmetry h...
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By Appleby on
8 April 2019
Canaccord Genuity Wealth Management in the UK & Europe – CGWM (UK) – has announced two senior promotions within its Guernsey operation. Andy Finch (pictured Right) has been promoted to Managing Director, CGWM (UK) Funds, while Chris Colclough (below) has become Head of Wealth Managem...
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By ORCHID on
8 April 2019
The Jersey Financial Services Commission (JFSC) is seeking island-wide feedback on its proposals to change fees for registry services.
The regulator is asking local businesses and the general public to share their views on suggested increases and decreases to registry fees which, if agreed, would c...
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By Jersey Financial Services Commission on
8 April 2019
The Jersey branch of the Institute of Directors (IoD) has announced a 23-strong shortlist of individuals for the 10th annual search to find the top leaders across Jersey’s private, public and voluntary sectors.
The IoD Jersey Director of the Year Awards celebrate strong leadership and recogni...
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By IoD on
5 April 2019
A new digital business focusing on internal and external communications has launched in Guernsey.
The business, Vaiie, offers a range of services, from customer communication management platforms and digital transformation software to communications campaign management tools.
It is a c...
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By Orchard PR on
5 April 2019
Jersey property investment and development company Le Masurier has entered into an agreement with Whitbread, the parent company of Premier Inn, to bring a second Premier Inn to Jersey, as part of a major redevelopment in the north of St Helier.
The proposed £70 million redevelopment, on Bath ...
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By Freedom Media on
5 April 2019
Guernsey Green Finance, which was launched in January to support financial sustainability efforts on the island, has launched a new group, the 20 for 20 Business Leaders for Sustainable Finance Network.
The group aims to build a community of business leaders and influencers committed to develo...
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By We Are Guernsey on
5 April 2019
Walkers has welcomed back Nigel Sanders, who, after a 13-year break from the firm, becomes a Partner within the Jersey Insolvency and Dispute Resolution practice.
Nigel first joined Walkers in the Cayman Islands in 2003, after several years working at London law firms Frere Cholmley Bis...
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By Walkers on
5 April 2019
The recent publication of a new policy from the European Investment Bank (EIB) Group provides clarity around Jersey’s ability to continue to support the European Investment Fund (EIF), according to Jersey Finance.
The EIB Group published its updated policy at the end of March, repla...
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By Crystal PR on
5 April 2019
Jersey-based financial services provider JTC has reported positive growth in 2018 and a strong improvement in its profit margin, in its first set of full-year results as a public company.
The business, which is listed on the Main Market of the London Stock Exchange, grew revenues by 29.3% to £...
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By Crystal PR on
3 April 2019
Fiduciary and administration services provider Estera has appointed Melanie McEnery as Operations Director, based in Jersey.
Mel joined Estera in July 2006 as Operations Manager. She subsequently became a Client Director and was appointed to the board in April 2017.
She has over 20 yea...
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By Estera on
3 April 2019
Walkers’ Jersey office has announced that it will be trading as Walkers (Jersey) LLP from 1 April, when it became a limited liability partnership registered under the Limited Liability Partnerships (Jersey) Law 2017.
From that date, Walkers (Jersey) LLP will also be recognised as a legal serv...
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By Walkers on
3 April 2019
Sales activity in the Local and Open Markets was at their highest first quarter levels since 2011 and 2007 respectively, according to the latest conveyancing statistics compiled by Unusualities of Guernsey, an independent compiler of local conveyancing statistics.
Figures reveal that there we...
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By Carey Olsen on
2 April 2019
ICSA: The Governance Institute’s annual conference in Jersey is this year addressing the theme of ‘Building Board Resilience’.
Taking place at the Royal Yacht Hotel on 2 May, the conference will focus on the importance of creating effective boards that are fit for the future...
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By ICSA on
2 April 2019
The Financial Crime Division of the Guernsey Financial Services Commission has reminded firms that the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) (Amendment) Ordinance, 2018 came into effect on 31 March 2019.
Consequently, Schedules 3, 4 and 5 to the Criminal Justice (Proce...
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By Guernsey Financial Services Commission on
2 April 2019
Collas Crill Jersey has appointed Matthew Gilley as a Partner in its corporate, finance and funds department.
Joining the firm from Ogier, Matthew specialises in financing transactions for international banks and acts for a wide range of Jersey, UK and European financial institutions and seni...
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By Black Vanilla on
1 April 2019
Guernsey funds have been reopened to millions of euros of potential investment as a result of confirmation from the European Council of Finance Ministers (ECOFIN) that the island is no longer considered a non-transparent and uncooperative jurisdiction by the European Union.
Confirmation in March th...
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By Guernsey Finance on
1 April 2019
Ogier's Guernsey team has advised investment management firm Baillie Gifford on the $477 million launch of the Schiehallion Fund, which is admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange.
An Ogier team led by Partner Craig Cordle (pictured) adv...
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By Ogier on
1 April 2019
Jersey employees are continuing to prioritise job security and good working conditions, according to a survey conducted by Optimus Recruitment.
The survey gathered opinions from more than 680 islanders to better understand their views on salaries and the workplace.
Across all industrie...
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By Direct Input on
1 April 2019