Business News Archive

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August  2017  (53)

  • IoD Jersey Debate to explore funding challenges

    IoD LogoThe measures available to Jersey’s government to maintain high-quality public services against the backdrop of a growing population are set to be examined at this year’s IoD Jersey Annual Debate. The event – Funding our Future – will look at the anticipated pressures on Jers...     [read more]

    By IoD on  31 August 2017 
  • BL Issue 52 – now online!

    BL52_COVER thThe latest issue of BL magazine is now available online. Our cover story asks the question: ‘Who pays the cost of regulation? The business or the client?’ Increased regulation since the financial crisis has led to more regulatory reporting and a larger compliance burden, which in turn l...     [read more]

    By BL Global on  31 August 2017 
  • TISE reports listings increase

    TISE logoThere were 331 new listings on The International Stock Exchange (TISE) during the first half of 2017.   This represents a 45 per cent increase year on year and took the total number of listed securities on TISE to 2,411 at the end of June.  During the first six months of the year, the tot...     [read more]

    By TISE on  31 August 2017 
  • Three senior promotions at Ashburton

    Tony WilshinAshburton Investments has promoted Tony Wilshin (pictured), Stephanie Fox and Paul O’Toole, following the establishment of a global equity research team in Jersey earlier this year. Tony has been appointed to the role of Chief Operating Officer. He joined the company in 2014 and has been a Di...     [read more]

    By Ashburton Investments on  30 August 2017 
  • Chamber Lunch to focus on environment

    Jersey Chamber of Commerce logoJersey Chamber of Commerce is holding its next Chamber Lunch from 12.15pm on Wednesday 13 September at The Royal Yacht Hotel. The event - ’Planning and Environment: The ultimate compromise?' – features Deputy Steve Luce, Minister, Department of the Environment, who is responsible fo...     [read more]

    By Jersey Chamber of Commerce on  30 August 2017 
  • Guernsey publishes Housing Market Review

    Guernsey Housing Market ReviewGuernsey needs between 97 and 157 additional local market homes each year from 2017 to 2021, according to the newly released Guernsey Housing Market Review. The review – conducted by KPMG and commissioned by Guernsey’s Committee for the Environment & Infrastructure, the Committee fo...     [read more]

    By States Of Guernsey on  30 August 2017 
  • Sure appoints Head of Customer Strategy and Operations

    Niamh Ó MaoláinSure has promoted Niamh Ó Maoláin to Head of Customer Strategy and Operations, based in the company’s Guernsey headquarters.   Niamh was appointed as Sure’s Net Promoter Score (NPS) Manager last year and was involved in running the company’s customer satisfaction...     [read more]

    By Orchard PR on  30 August 2017 
  • Jersey issues statement on exchange and protection of personal data

    The Government of Jersey has re-confirmed its commitment to meeting international standards for data protection, following publication of the UK government’s Brexit policy paper, The exchange and protection of personal data.  Jersey’s data protection regime currently has a thi...     [read more]

    By States of Jersey on  25 August 2017 
  • Babbé makes senior appointment

    Elena Gogh_BabbeGuernsey-baed law firm Babbé has appointed Elena Gogh as an Associate in its Trusts and Pensions team. Elena has experience advising high-net-worth individuals in relation to their multi-jurisdictional private and business assets. Her areas of expertise include advising on trusts, private tr...     [read more]

    By Babbé Legal on  25 August 2017 
  • Cherry Godfrey appoints new board member

    Tanzy CherryGuernsey-based finance business Cherry Godfrey has named Tanzy Cherry as its Operational and Marketing Director.  Tanzy joined Cherry Godfrey in 2015 as Assistant Director. She is predominantly responsible for the firm's marketing and product development functions.  Since joinin...     [read more]

    By ORCHID on  25 August 2017 
  • Final speakers line-up confirmed for Channel Islands Funds Forum

    CIFF logo 2017With just over a month to go to the Channel Islands’ largest funds event, BL Events has announced the final speaker line-up. The Channel Islands Funds Forum: A Sharper Focus is produced in partnership with PwC, sponsored by Appleby, JTC Fund Services and Optimus Group, and supported by Altair...     [read more]

    By BL Global on  24 August 2017 
  • PE investment into Central and Eastern Europe hits €1.6bn

    InvestEurope_logoPrivate equity and venture capital investments into companies in Central and Eastern Europe reached a total of €1.6bn in 2016 — the highest amount since 2009 — new data from Invest Europe reveals. Investment capital last year was most focused on Poland, followed by the Czech Republ...     [read more]

    By Invest Europe on  24 August 2017 
  • Carey Olsen advises on Permira investment

    careyolsen logo_2017Carey Olsen’s Guernsey funds team has advised investment firm Permira on the acquisition of an equity stake in fintech specialist Klarna Bank by an investment partnership advised by Permira.    Klarna provides payment solutions to 60 million consumers and 70,000 merchants, and ...     [read more]

    By Guernsey Finance on  23 August 2017 
  • Opinion: Channel Islands set for home-buying digital revolution

    FilePeter FaulhaberPeter Faulhaber (pictured), Head of Distribution for HSBC in the Channel Islands and Isle of Man, believes Guernsey and Jersey could be at the forefront of the digital house buying revolution. New technologies are transforming the way people buy a home, according to HSBC’s latest home-buying ...     [read more]

    By Crystal PR on  23 August 2017 
  • Vistra acquires Total Solutions Middle East

    Vistra logoJersey-based corporate service provider Vistra has acquired Total Solutions Middle East (TSME), which operates within the Dubai International Financial Centre and Abu Dhabi Global Markets providing governance, risk, compliance and human resources services. TSME has more than a decade of experi...     [read more]

    By Nacelle on  23 August 2017 
  • HSBC appoints Chief Risk Officer

    Steve BeddowHSBC has appointed Steve Beddow as its Chief Risk Officer across the Channel Islands and the Isle of Man. Having joined the HSBC Group in 2001, Steve has held a variety of front-line and risk roles in retail banking and wealth management, as well as commercial banking, in locations including Canada...     [read more]

    By Crystal PR on  23 August 2017 
  • Jersey Finance appoints Deputy CEO

    Amy BryantJersey Finance has appointed Amy Bryant as its Deputy Chief Executive Officer. Her new role also sees her being appointed to the Board of Jersey Finance. Amy will extend her existing responsibilities as Chief Operating Officer (COO) and Head of Strategic Projects for Jersey Finance to include ...     [read more]

    By Crystal PR on  22 August 2017 
  • Startup Guernsey to host big data conference

    Startup Guernsey logoStartup Guernsey is to host Guernsey's first Data Conference on 9 October. The event – entitled Guernsey Data Conference 1.0 – will be held from 8.15am to 5pm at the St Pierre Park Hotel. It will feature speakers from a range of business sectors, who will look at the opportunities a...     [read more]

    By Startup Guernsey on  22 August 2017 
  • Sanne names Asia-Pacific and Mauritius MD

    Mark LawCorporate administration services provider Sanne has appointed Mark Law to the newly created role of Managing Director, Alternative Assets, for the Asia-Pacific and Mauritius region.  Based in Hong Kong and a member of Sanne’s leadership team, Mark’s focus will be on expanding the ...     [read more]

    By Liquid on  21 August 2017 
  • Intertrust makes senior promotion

    KristianWalton_2017Intertrust has promoted Kristian Walton to Deputy Global Head of Risk and Compliance.   Kristian is based in Jersey and has direct oversight of Jersey, Guernsey, the UK, Ireland, Hong Kong, Singapore and China.  He also has a wider remit across Intertrust's 30 other jurisdictions as a...     [read more]

    By Orchard PR on  21 August 2017 
  • SandpiperCI buys Apple Premium Reseller

    SandpiperCI new logoRetail group SandpiperCI has reached agreement to buy iQ, the only Apple Authorised Premium Reseller  and official Apple Service Provider in the Channel Islands. Sandpiper says the acquisition is part of the group's strategy to develop its business through new partners and brands. It...     [read more]

    By Addendum PR on  21 August 2017 
  • Population Office statistics released

    The latest statistics from Jersey's Population Office show that new measures to reduce the number of employment permissions for newer migrants have led to 283 permanent registered permissions being revoked in the past six months. This compares with 47 such permissions revoked in the first six mo...     [read more]

    By States of Jersey on  21 August 2017 
  • Brooks Macdonald reports funds management growth in Channel Islands

    Brooks Macdonald logoInvestment manager Brooks Macdonald has achieved double-digit growth in the value of discretionary funds it manages over the past 12 months. The figures were announced this month as part of Brooks Macdonald’s Year End Trading Update and Notice of Results for the period ending 30 June 2017. T...     [read more]

    By Crystal PR on  21 August 2017 
  • First Names Group appoints Client Services Director

    Stacy WitheFirst Names Group has appointed Stacy Withe as Client Services Director in its Jersey office.  With over 20 years of industry experience, Stacy joins following nearly 12 years with trust company Dominion Fiduciary. For the past seven years she has served as its Client Service Managing Directo...     [read more]

    By First Names Group on  21 August 2017 
  • JFSC warning following £450k cyber fraud attempt

    JFSC logo The Jersey Financial Services Commission (JFSC) has issued a warning to local businesses and members of the public following a series of targeted attempts to defraud Jersey companies and their clients. The JFSC is aware of at least three cases where locally registered business have been the subject...     [read more]

    By Jersey Financial Services Commission on  17 August 2017 
  • Artificial intelligence in the spotlight at PR Forum

    CIPR logoThe role of artificial intelligence (AI) in the communications profession will be a major focus of the Channel Islands PR Forum 2017. PR 2022 – Future Communications, hosted by the Channel Islands Group of the Chartered Institute of Public Relations (CIPR), will examine emerging trends s...     [read more]

    By Liquid on  17 August 2017 
  • AFM makes senior appointment

    Mark CouchmanFacilities management provider AFM has appointed Mark Couchman to the new role of Senior Compliance Manager. Mark brings 25 years of experience to the role, having previously served as Account Manager at Dantek Environmental Services, based in Bristol.  Mark has been visiting the Channel Isla...     [read more]

    By Liquid on  17 August 2017 
  • New Compliance Officer at Asset Leverage Consultants

    RebeccaLeQuesneRebecca Le Quesne has joined Jersey-based information service Asset Leverage Consultants (ALC) as its Compliance Officer.  Rebcca brings over 20 years’ experience in offshore finance to the role. She started her career as a trust administrator before moving into the banking industry in c...     [read more]

    17 August 2017 
  • Jersey housing market turnover up 30 per cent on same period last year

    Skipton castleThe latest House Price Index from Skipton International shows house sales in Jersey are at their highest levels since 2006, with 424 properties sold in the island during Q2 2017. This is a 28 per cent increase on the same period last year (331 transactions) and a 32 per cent increase on Q1 2017 (32...     [read more]

    By Direct Input on  17 August 2017 
  • Aurigny to stop flights to London City

    Aurigny is to stop flights to London City Airport from October due to a lack of demand and high operational costs. According to a report by ITV, the States of Guernsey-owned airline intends to refocus its efforts on other routes, particularly London Gatwick. Aurigny CEO Mark Darby said: &ldqu...     [read more]

    By BL Global on  16 August 2017 
  • Slappie makes marketing appointment

    Kim Bougourd_SlappieFormer journalist and PR account manager Kim Bougourd has joined Guernsey-based Dragon’s Den-winning watch company Slappie as its Marketing and Development Manager. Kim, who joins from local PR consultancy Liquid, will focus on raising the brand's profile through traditional and...     [read more]

    16 August 2017 
  • Collas Crill recruits lawyer to funds practice

    Dilmun LeachCollas Crill has recruited funds, corporate and regulatory lawyer Dilmun Leach to its commercial department in Jersey.  Dilmun joins as Group Partner, responsible for leading the firm’s investment funds practice in Jersey.   Prior to joining Collas Crill, he spent nearly three...     [read more]

    By Collas Crill on  15 August 2017 
  • Private client lawyer joins Locate Guernsey

    EdwardStoneLocate Guernsey has appointed private client lawyer Edward Stone as its Strategic Residence Consultant. His focus will be on business development and representing the agency in the UK. Edward already has business connections with the island, having served as Group Partner for Collas Crill betw...     [read more]

    By States Of Guernsey on  14 August 2017 
  • Intertrust names new Director

    Andrew MaidenIntertrust in Guernsey has appointed Andrew Maiden as a Director in its fund services team in Guernsey. He will focus on business development for the funds team in the island and managing the firm’s existing client relationships. Andrew brings to his new role more than 20 years&rsq...     [read more]

    By Orchard PR on  11 August 2017 
  • Rossborough appoints to Private Clients team

    JamesMahoodRossborough has appointed James Mahood to its Private Clients team as a New Business Executive. James has worked in both back-office and client-facing roles in finance and property. Before joining Rossborough, he worked for Jersey-based Hunt Estates as a Property Negotiator. His earlier career incl...     [read more]

    By Liquid on  11 August 2017 
  • Appleby adds to Private Client and Trusts team

    Paula Fry ApplebyPaula Fry has joined Appleby's Private Client and Trusts team in Guernsey as a Senior Associate. She will advise on all aspects of trust law, including the establishment, restructuring and winding up of private, charitable, purpose and commercial trusts and foundations. Paula qu...     [read more]

    By Appleby on  9 August 2017 
  • Brooks Macdonald appoints Investment Manager

    Ben ChandlerBrooks Macdonald has appointed Ben Chandler as Investment Manager in its Guernsey office. Ben will be working with Investment Director Mark O’Connor, and has responsibility for managing a range of bespoke discretionary portfolios, as well as maintaining and developing client relationship...     [read more]

    By Crystal PR on  9 August 2017 
  • TMF Group to acquire Gentoo Holdings

    TMF GroupInternational business services provider TMF Group is to acquire Gentoo Holdings, a provider of fund administration services based in Guernsey and Luxembourg. Established in 2011 with a team of 17, Gentoo administers regulated and unregulated funds, as well as offering depositary services and a ran...     [read more]

    By TMF Group on  8 August 2017 
  • Maitland acquires R&H Fund Services Guernsey

    Maitland logoMaitland, the global advisory and fund administration firm, has entered into an agreement to acquire Guernsey-based R&H Fund Services. Other Rawlinson & Hunter businesses in the Channel Islands – R&H Trust Co (Guernsey), Rawlinson & Hunter and R&H’s Jersey businesses...     [read more]

    By Maitland on  8 August 2017 
  • Aztec Group makes senior promotions

    Aztec_PaulConroyFund and corporate services provider the Aztec Group has made two senior promotions within its Jersey-based Real Assets team. Paul Conroy has been promoted to Director, whilst Richard Anthony becomes an Associate Director.  Paul and Richard will play an integral role in the leadership of the t...     [read more]

    By Aztec on  8 August 2017 
  • Intertrust appoints Head of Funds

    Michael Johnson IntertrustIntertrust has appointed Michael Johnson to the role of Head of Funds in the Channel Islands.   Michael will be responsible for developing the funds strategy across Jersey and Guernsey, with a focus on private equity, debt and real estate fund administration.   He was previously Head of Fu...     [read more]

    By Orchard PR on  7 August 2017 
  • Logicalis highlights data security threat ahead of EU GDPR

    Logicalis logoThe extent of data breaches in the Channel Islands could be at least four times current figures, according to data security firm Logicalis. It believes the problem will become clear when EU General Data Protection Regulations (GDPR) are enacted next year.  Just 43 data protection offences wer...     [read more]

    By Logicalis on  7 August 2017 
  • Equiom awarded Deal of the Year for UAE acquisition

    Equiom logoProfessional services provider Equiom has been awarded ‘M&A Deal of the Year’ by Finance Monthly magazine for its acquisition of Links Group, based in Dubai, Abu Dhabi and the State of Qatar, last year.  Equiom acquired the provider of commercial facilitation and advisory servi...     [read more]

    By Equiom on  7 August 2017 
  • Guernsey insurer issues Blockchain note

    We Are Guernsey logoDom Re IC, a Guernsey-domiciled ILS reinsurance transformer and incorporated cell of Solidum Re (Guernsey) ICC, has with its most recent placement issued one of the first notes to have been digitised on a private blockchain.   Referred to as the ILSBlockchain, the mechanism has replaced the rol...     [read more]

    By Guernsey Finance on  7 August 2017 
  • Flexible working proving popular in Guernsey

    Mourant logo NEWA recent survey of professionals working across Guernsey's business community has revealed that 76 per cent had requested flexible working hours and of those, 90 per cent had had their request granted. Some 77 per cent also agreed that their workplace supported flexible working.    The...     [read more]

    By Mourant Ozannes on  3 August 2017 
  • Jersey's sovereign credit rating maintained

    S&P GlobalInternational credit rating agency Standard & Poor’s (S&P) has re-affirmed the sovereign credit rating for Jersey as AA-/A-1 + with a stable outlook. This is one of the highest possible ratings and it follows the agency’s latest bi-annual evaluation. This analysis is largely bas...     [read more]

    By Jersey Finance on  3 August 2017 
  • Comment: High noon for duel Directors

    Babbe logoBabbé Dispute Resolution Partner, Advocate Todd McGuffin and Associate Helena Lavin (pictured) look at recent decisions in the Royal Court and the Guernsey Court of Appeal on two-Director Guernsey companies  During the 18th century the Royal Court presided over a number of trials result...     [read more]

    By Babbé Legal on  3 August 2017 
  • PwC announces Channel Islands promotions

    Stephanie CoxonPwC has made eight Director promotions across the Channel Islands. Five are located in Jersey:  • Jackie Kirk • Ian Tait • Trudy Dillon-Nugent • Owen Woolgar • Mark Hunter Another three are located in Guernsey:  • Stephanie Coxon • Steven Le P...     [read more]

    By PwC on  3 August 2017 
  • Guernsey Finance reports positive company migration trend

    We Are Guernsey logoGuernsey has witnessed a notable inward migration of companies, funds and other structures in the first half of 2017, according to the latest figures.   The Guernsey Registry, which tracks migrations in and out of the island, reports that there were 32 company migrations to Guernsey during the ...     [read more]

    By Orchard PR on  2 August 2017 
  • Walkers makes senior promotion

    Kim PaivaGuernsey-based law firm Walkers has promoted Kim Paiva to the role of Senior Counsel. A corporate and finance lawyer, Kim joined AO Hall – which became part of Walkers last year – as an Associate in 2010, having moved from her native South Africa. She was promoted to Senior Associate at...     [read more]

    By Liquid on  2 August 2017 
  • Carey Olsen advises on Vietnam fund

    careyolsen logo_2017Carey Olsen's Jersey team acted as lead Counsel on the launch of first-time fund AVI Frontier Fund I.  The fund will invest in a series of South-East Asian companies listing on the Vietnamese Stock Exchange and allows investors to hand pick which companies they want to invest in.   Th...     [read more]

    By Orchard PR on  1 August 2017 
  • Sanne makes senior appointment

    Sam MetlandFinancial services provider Sanne has appointed Sam Metland as its Director of Product Development. Sam brings to his new London-based position more than 10 years of experience in New York, Luxembourg, Singapore and the Channel Islands. He joins from Brown Brothers Harriman, also in London, w...     [read more]

    By Liquid on  1 August 2017 
  • Altair opens office in Guernsey

    Altair logo 2017Altair, which specialises in the provision of independent non-executive directors and related services to the alternative investment market, has opened an office in Guernsey. The new operation, Altair Guernsey Limited, is led by Managing Director Michel Davy, currently working alongside Director Sa...     [read more]

    By Altair on  1 August 2017 

« July 2017September 2017 »

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