Jersey-based Nexus Technology is expanding its data and analytics provision with the appointment of Tim Crowther as Data and Analytics Consultant.
With broad experience managing audit, risk, regulatory, consulting and data projects, Tim joins Nexus from PwC in Jersey, where he has been a Manager fo...
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By leadership writing on
30 April 2020
Carey Olsen has made three recent appointments in its Singapore and Hong Kong offices.
In Singapore, Kate Lan and Vivian Siah have joined the firm's litigation, insolvency and restructuring practice, launched in November.
Kate (pictured right) is a Senior Associate who specialises ...
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By Carey Olsen on
30 April 2020
UBS’s Investor Watch, which reports on surveys conducted between September 2017 and January 2019, looks at how women around the world engage with their finances – and reveals that they often outperform their male counterparts. Robert Broughton, Senior Client Advisor at UBS Wealth Managem...
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By UBS on
30 April 2020
The SMP Group of Companies, which has operations in Jersey, is to acquire RBC Corporate Services Hong Kong, a division of RBC Investor & Treasury Services. The transaction is subject to regulatory approval.
SMP and RBC have a long history of working together to provide global solutions for...
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By SMP Group on
29 April 2020
In response to the operational adaptations firms are making as a result of restrictions to tackle Covid-19, the Guernsey Financial Services Commission has decided to ease some of the timeframes set out in the Handbook on Countering Financial Crime and Terrorist Financing.
Timeframes relating ...
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By Guernsey Financial Services Commission on
29 April 2020
Butterfield has appointed Jackie Videgrain as Vice President of Risk for its operations in Jersey.
With a financial services career spanning 35 years, Jackie has an extensive background in the banking, treasury trust and fund sectors.
She joins the bank having spent the past five...
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By Orchard PR on
29 April 2020
The Jersey Financial Services Commission is holding its first live webinar on Thursday 30 April, at which Director General Martin Moloney (pictured) will discuss the challenges facing Jersey’s financial services industry and the JFSC due to the Covid-19 pandemic.
During the session, which wil...
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By Jersey Financial Services Commission on
28 April 2020
Fund and corporate services provider the Aztec Group has made several senior changes to its Private Equity leadership team.
Matt Horton has been appointed Group Head of Private Equity; Gavin Hayman has been named Jurisdictional Head of Private Equity in Guernsey; and Alan Ross, formerly Group Head ...
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By Aztec Group on
28 April 2020
Jersey is to be one of seven pilot cities/territories taking part in the United Nations' United 4 Smart Sustainable Cities (U4SSC) initiative.
The UN developed the global programme to encourage information and communication technologies that improve quality of life and more efficient urba...
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By Digital Jersey on
28 April 2020
JT Group has released its annual report detailing progress over the past 12 months, as it continues to support its local communities through the Covid-19 pandemic.
Over the past eight weeks, JT has doubled the minimum broadband speeds (from 500 Mb/s to 1Gb/s) for all fibre customers at...
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By Direct Input on
28 April 2020
Kerrie Le Tissier has rejoined to Bedell Cristin as a Partner to develop and lead the firm’s international private client practice in Guernsey.
Kerrie previously spent three years as a Senior Associate with the firm between 2012 and 2016. Since then, she has been a member of the private...
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By Orchard PR on
27 April 2020
Jersey-based property investment and development company Le Masurier has appointed Brendan T McMahon, former CEO of PwC Channel Islands, to its board as a Non-Executive Director and Chair of the group’s Audit and Risk Committee.
Brendan’s 32-year international finance career has include...
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By Freedom Media on
27 April 2020
Ogier's Jersey investment funds team has advised Index Ventures on the simultaneous closings of Index Ventures Growth V – which has raised $1.2bn to invest in later-stage growth rounds – and Index Ventures X, which recently closed at $800m to put into earlier rounds for smaller start...
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By Crystal PR on
27 April 2020
Businesslife magazine is to launch a special bound-in thought leadership supplement with its June/July issue, as the islands’ business leaders begin to set out their thinking for what the world will look like post-coronavirus.
As we move through this pandemic, it’s been interesting to n...
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By BL Global on
24 April 2020
Early indications of a survey by Grant Thornton Channel Islands, analysing the impact of Covid-19 on Guernsey’s business community, suggest many companies are confident they can survive and will emerge stronger.
The survey, sent to 1,500 businesses and individuals on the isla...
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By Orchard PR on
24 April 2020
The IoD is holding the fourth of its Wednesday Webinars next week (29 April), which will examine the expectations of a board in a crisis.
The current Covid-19 pandemic poses enormous challenges for the boards of all business sectors in Guernsey. In some cases, boards may feel overwhelmed by the spe...
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By IoD on
24 April 2020
JTC has appointed Naro Zimmerman as Associate Director within its Private Client team in Guernsey.
Taking responsibility for a portfolio of international high-net-worth clients, Naro will focus on managing clients and growing business in the Middle East, as well as supporting clients with their UK ...
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By Crystal PR on
23 April 2020
The Jersey Financial Services Commission has issued the following report on the effectiveness of the finance industry's response to Covid-19:
We have been working closely with the Government of Jersey to oversee the finance industry’s operational response to the spread of the Covid-19 vir...
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By Jersey Financial Services Commission on
23 April 2020
The Government of Jersey has announced that the Channel Islands Competition and Regulatory Authorities (CICRA) will de-merge from 1 July 2020 to better address the different competition issues faced in Jersey and Guernsey.
CICRA was created in 2010 as an administrative arrangement between the Jerse...
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By Government of Jersey on
23 April 2020
After helping to steer the island’s financial regulator for the past decade, John Eatwell (pictured right) is retiring today as Chair of the Jersey Financial Services Commission (JFSC).
A member of the House of Lords, University of Cambridge professor and former political adviser, John joined...
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By Jersey Financial Services Commission on
22 April 2020
JTC has reported another strong year of trading, with group revenue for 2019 increasing by more than 28% to £99.3m.
Published today, the company’s 2019 full-year results show that JTC, which is headquartered in Jersey and listed on the Main Market of the London Stock Exchange, gre...
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By Orchard PR on
22 April 2020
Financial services provider Apex Group has announced the expansion of subsidiary brand Throgmorton into Jersey to deliver accounting, company secretarial and payroll services to businesses operating on the island.
Having acquired UK-based Throgmorton in June 2019 as part of a deal that also i...
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By Apex Group on
22 April 2020
Jersey-based fiduciary and administration solutions provider VG has promoted Ian Murphy, previously Head of Compliance and Risk, to the position of Director of the firm and its underlying companies.
Ian joined VG as Head of Compliance and Risk in July 2015 to build up a compliance function t...
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By VG on
22 April 2020
Investor services group IQ-EQ has appointed Bruno Noyon as Managing Director, France.
Bruno brings to the firm more than 30 years’ experience in the asset/fund management, market finance, banking and investor services sectors in France.
He joins after more than 15 years as Chief Operating Of...
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By Aspectus Group on
22 April 2020
Guernsey-based life assurance business Utmost Worldwide has appointed Leon Steyn (pictured right) as its new CEO, following the retirement of Giorgio Daboni, who steps down after seven and a half years with the company.
Leon has been with the firm – which became Utmost Worldwide a year ...
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By Black Vanilla on
21 April 2020
Financial services business Ocorian has completed the acquisition of Allegro, a Luxembourg-based third-party management company and fund administrator.
Allegro is fully licensed to provide ManCo and fund administration services to AIF, RAIF, non-AIF and UCITS funds. It has around €8.7bn ...
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By Ocorian on
21 April 2020
Microgen Financial Services and Touchstone Wealth Management have announced the appointment of David Thorpe as a Non-Executive Director of the combined group.
David previously served as President of IT business EDS Europe. He initially joined EDS in 1993 to lead its government outsourcin...
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By Narrative UK on
21 April 2020
Now accounting for nearly 10% of all UK full-time jobs, project management is far from a ‘nice to have’. A new initiative is raising awareness of its value to the Channel Islands, says Sue Kershaw, President of the Association for Project Management (APM) and Managing Director Transporta...
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By Association for Project Management on
21 April 2020
EFG Fund Services, a division of EFG Wealth Solutions with offices in Jersey and Guernsey, has been appointed full-service provider to technology investment firm Index Ventures’ two latest funds.
Index Ventures X, a Jersey Expert Fund, closed at a hard cap of $800m in commitments and will con...
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By EFG Wealth Solutions on
20 April 2020
London-based cyber advisory firm ITC Secure has formed a partnership with Jersey's JT Group to expand managed security services across the Channel Islands.
The move, which formalises a year-long relationship between the two organisations, addresses the growing need for online protection&n...
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By ITC Secure on
20 April 2020
Zedra Fund Services in Jersey is to provide fund administration and corporate governance services to alternatives asset management specialist IG4 Capital’s latest fund.
IG4's $231.5m Private Equity Fund II is based in the UK and will focus on special opportunities in Latin Amer...
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By Nacelle on
20 April 2020
Investment banking falters
The revenues of top investment banks in 2019 fell to their lowest level since the financial crisis, according to research from industry monitor Coalition. It says the world’s 12 largest investment banks posted combined revenues of $147.5bn across their trading and in...
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By Alexander Garrett on
20 April 2020
Issue 67 of Businesslife is now available online.
The rapid escalation of the coronavirus pandemic – resulting in huge loss of life and more than half the world’s population being placed in some form of lockdown or restricted movement – has put a huge burden on organisations as th...
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By BL Global on
17 April 2020
Lawyers from Carey Olsen's corporate team in Jersey have advised NTT Urban Development Corporation on the acquisition of a 100% equity interest in 130 Wood Street in the City of London.
Working alongside onshore counsel Slaughter and May, Carey Olsen advised on the Jersey law aspects of t...
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By Carey Olsen on
17 April 2020
BOOKS
Ladies Can’t Climb Ladders: The Pioneering Adventures of the First Professional Women
by Jane Robinson (Doubleday, £20, hardback)
Social historian Jane Robinson tells the story of the women who were among the first in the UK to enter fields such as medicine, law, academ...
[read more]
By Alexander Garrett on
17 April 2020
Does a recent Hong Kong ruling on the effect of an anti-Bartlett clause spell good news for trustees in the Channel Islands? Lydia Essa, Director, Trust Corporation International, reports
It is a well-established principle of trust law that (in the absence of contrary provision) a trustee has the s...
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By Trust Corporation International on
16 April 2020
Jersey-based Alex Picot Trust has announced the promotion of Solange Rebours and Sarah McBrearty (pictured) to Associate Director.
Solange joined the cimpany in 2002, following its acquisition of the Jersey company for which she had worked since 1985.
For the past three years, Solange has hel...
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By Alex Picot Trust on
15 April 2020
Intertrust's funds services business has assisted iCON Infrastructure with the first and final closing of its new $1.9bn fund, iCON Infrastructure Partners V.
iCON is an independent investment group focusing on privately held investments in infrastructure assets in Europe and North Americ...
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By Orchard PR on
15 April 2020
The introduction of global regulatory initiatives is set to challenge traditional fund structuring models, make fund domiciliation more complex, and heighten the importance of investor buy-in, according to research published this month by IFI Global and supported by Jersey Finance.
Based on the vie...
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By Crystal PR on
14 April 2020
Deloitte’s European Centre for Regulatory Strategy has issued its 2020 Financial Markets Regulatory Outlook, which highlights themes that are particularly relevant in the Covid-19 pandemic.
This year’s report has identified four medium-term trends and 10 cross-sector themes o...
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By Black Vanilla on
14 April 2020
Nedbank Private Wealth has promoted David McFadzean to the role of Head of Wealth Management, based in Jersey.
Taking responsibility for business development across the UK, Jersey, Isle of Man and Dubai, David's focus will be on growing the bank’s high-net-worth client base for its wealth...
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By Nedbank Private Wealth on
14 April 2020
The Jersey Financial Services Commission advised regulated businesses on 30 March that it was postponing its on-site examination programme due to impact of the Covid-19 outbreak.
Initially, examinations have been delayed by four weeks until the end of April. But the Commission says that, because ex...
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By Jersey Financial Services Commission on
14 April 2020
UBS Jersey has appointed Jennifer Lay to the role of Business Manager.
Prior to joining UBS, Jennifer worked as a Consultant at change management company MasonBreese in Jersey, working with clients in the private and public sectors.
She has nine years’ experience in the UK and Jersey across ...
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By Refinery on
14 April 2020
Financial services consultancy Sionic has opened a Luxembourg office. This is Sionic’s sixth European base and 12th worldwide and comes a year after the merger of Sionic Advisors with Catalyst Development, including asset and wealth firm Knadel.
Sionic-Luxembourg will focus initial...
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By Sionic on
9 April 2020
Two thirds of workers in Jersey are facing job losses or a reduction in income as a result of the coronavirus pandemic, according to a new survey by executive recruitment firm Kendrick Rose.
Up to 44% of people surveyed this week said they no longer have any income from work, while 20% have seen a ...
[read more]
By leadership writing on
9 April 2020
Professional services provider Equiom has appointed Mark Porter as its new Chief Executive Officer, taking over from Sheila Dean, who has led the business since 2006. Sheila will become Non-Executive Chairman of the Group.
Mark, who will take up the position once regulatory approval...
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By Equiom on
9 April 2020
Guernsey International Business Association (GIBA) has published guidance for businesses and a database of local professionals willing to advise local businesses facing financial or other difficulties as a result of the coronavirus pandemic.
GIBA, which represents the finance industry in Guer...
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By Black Vanilla on
9 April 2020
Digital assets investment specialist CoinShares Group, which operates from London and St Helier, has appointed Frank Spiteri as Chief Revenue Officer.
In his new role, Frank will oversee the group's exchange traded product (ETP) business in addition to its broader sales, marketi...
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By CoinShares on
9 April 2020
The number of alternative fund managers choosing to market their funds into the EU through Jersey using national private placement regimes (NPPRs) continued to grow in the second half of 2019, according to the latest figures from Jersey’s financial services regulator.
Data from the Jersey Fin...
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By Crystal PR on
8 April 2020
The Governments of Guernsey, Isle of Man and Jersey have each agreed to provide loan guarantee schemes to enable further financial support for businesses in the Crown Dependencies in light of the coronavirus pandemic.
A coordinated approach has been taken in agreeing the schemes between...
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By Carey Olsen on
8 April 2020
Mourant has advised private equity and investment advisory firm CVC Capital Partners on its latest Asia-focused private equity fund, CVC Capital Partners Asia V. The fund closed at its hard cap of $4.5bn.
Mourant has advised on each of CVC Capital Partners' previous Asia-focused fundraisi...
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By Mourant on
8 April 2020
Professor Janine Griffiths-Baker has been named as the new Director and Chief Executive of the Jersey Institute of Law.
Janine most recently served as Dean of Nottingham Law School at Nottingham Trent University. With over 24 years' experience in higher education, she has taught criminal law, p...
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By AI Studio on
8 April 2020
Intertrust has appointed Camille Hordeaux as Director of Private Wealth in Guernsey.
Prior to joining Intertrust, Camille spent almost 19 years at Credit Suisse Trust, latterly as a Director leading its Ultra High Net Worth and New Business teams. Here she gained experience onboarding and man...
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By Orchard PR on
6 April 2020
Jersey-based freight group Channel Island Lines has closed down with immediate effect as a result of the Covid-19 pandemic.
The closure includes the company's subsidiaries, Rockayne Jersey and Paul Davis Freight Services. Thirty people in Jersey and 12 in Guernsey will lose their jobs.
C...
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By BL Global on
6 April 2020
Offshore law firm Appleby is providing clients with guidance on how offshore governments across the jurisdictions in which it operates are responding to the rapidly evolving Covid-19 pandemic.
Its Offshore Business Update – the second issue of which was released this week – aims to pass...
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By Appleby on
3 April 2020
Fiona Le Poidevin, CEO of The International Stock Exchange Group (TISEG), explores how TISE is continuing to provide an effective exchange operation for all market participants as everyone works together through the coronavirus pandemic.
“It is now three weeks since the World Health Org...
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By TISE on
3 April 2020
Channel Islands company Mercury Distribution has appointed Joel Richardson as its new Commercial Director – a new role for the company as it looks to expand on and off the islands.
Joel brings 25 years of experience to the firm, having previously worked as a General Manager at...
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By Refinery on
3 April 2020
JTC has announced its acquisition of US-based fund administration services provider NES Financial (NESF).
JTC says the deal, which is subject to relevant regulatory approvals, will help it develop its Institutional Client Services (ICS) business in the US and to acquire and develop technology...
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By Crystal PR on
2 April 2020
Jersey-based Nexus Technology has appointed Malcolm Scott as a Director and Senior Consultant to help develop the business and lead client projects.
Malcolm brings to the firm more than 25 years’ experience in government and technology, working in roles running major enterprise applicati...
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By leadership writing on
2 April 2020
Collas Crill has advised JTC on its acquisition of Sanne's private client business.
The acquisition, subject to the relevant regulatory approvals, completed on 13 March and will result in existing Sanne clients and staff transferring to JTC.
The Collas Crill team included Group Partner Dilmun ...
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By Collas Crill on
2 April 2020
Grant Thornton Channel Islands has promoted Linda Renouf from Senior Manager to Head of Risk and Compliance across its Jersey and Guernsey offices.
Linda has worked for Grant Thornton for nearly four years. She has broad experience and knowledge of risk and compliance and has helped develop ...
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By Orchard PR on
2 April 2020
Ogier has reported receiving an increasing number of queries from companies and investors on how best to manage the upcoming AGM season in light of the Covid-19 pandemic and the Government of Jersey's introduction of restrictive measures reflecting the UK's advice to stay at home.
In ...
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By Crystal PR on
1 April 2020
BDO in Guernsey has launched an actuarial non-life offering to Guernsey-based captive insurance managers.
The recent merger between Moore Stephens and BDO in the UK has given BDO in Guernsey access to an actuarial practice consisting of 10 non-life actuaries.
The team has detailed know...
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By Orchard PR on
1 April 2020
Guernsey-based vitamin and supplement supplier Healthspan has appointed Martin Talbot as its new CEO. He takes over from Michael Lawther, who is to retire from the business at the end of March but will continue as a Non-Executive Director shareholder on the board.
Martin joined Healthsp...
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By marswebb on
1 April 2020
Investor services group IQ-EQ has added Sukanya Lal to its Singapore team as Business Development Director.
In her new role, Sukanya will focus primarily on developing business opportunities in India. She will be working with the firm's sales team, which includes senior representatives from the...
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By Aspectus Group on
1 April 2020