Business News Archive

« July 2018

August  2018  (41)

  • JTC to acquire Dutch service provider

    New JTC logoJersey-based fund, corporate and private wealth services provider JTC has entered into a conditional agreement to acquire Van Doorn from International Capital Group. Van Doorn, a specialist provider of corporate and related fiduciary services, is based in Amsterdam, the Netherlands.  Its 16 e...     [read more]

    By Crystal PR on  17 August 2018 
  • PraxisIFM acquires London business

    PraxisIFM_Logo2018Financial service group PraxisIFM has purchased the trust and corporate administration business of London-based consultancy Jeffcote Donnison (JD). The deal adds the Isle of Man to PraxisIFM’s jurisdictions and extends its operations in London and Hong Kong. The acquisition of JD’s UK c...     [read more]

    By PraxisIFM on  16 August 2018 
  • Walkers acts in TISE bonds listing

    Walkers Logo 2018Offshore law firm Walkers has acted as listing sponsor and adviser to CHMT Peaceful Development Asia Property on a US$4.1bn bond listing on The International Stock Exchange (TISE) in the Channel Islands. This listing relates to the financing of the acquisition of Hong Kong’s fifth largest sky...     [read more]

    By Walkers on  16 August 2018 
  • Jersey publishes Q2 house price report

    States of Jersey logo 2017The States of Jersey has published its house prices report for the second quarter of 2018. On a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q2 2018 was two per cent higher than for the year ending Q1 2018. On a quarterly basis, the ...     [read more]

    By States of Jersey on  16 August 2018 
  • Guernsey reveals Q2 visitor numbers

    Guernsey's Committee for Economic Development has released the latest visitor numbers for the island. A strong April and May contributed towards an increase in visitors to Guernsey of two per cent (excluding cruise ships and visiting yachts) in Q2 2018, compared with the same period last year. ...     [read more]

    By States Of Guernsey on  16 August 2018 
  • Guernsey to hold China update

    We Are Guernsey logoGuernsey Finance is holding an update on China – The Year of the Dog: Time to bark about support & success in mainland China – on Thursday 6 September. HSBC's Director of China and RMB Internationalisation, Sue Anne Tay, has been confirmed as a guest speaker at the event, which ...     [read more]

    By We Are Guernsey on  15 August 2018 
  • Law At Work appoints Health and Safety Partner

    Deano DaveyChannel Islands human resources specialist Law At Work has appointed Deano Davey as a Health and Safety Business Partner, with an emphasis on supporting construction clients.   Deano will help clients assess risks and develop practices to address the risks. In his main role as a health and...     [read more]

    By Direct Input on  15 August 2018 
  • Aztec announces Guernsey promotion

    Aztec announces Guernsey promotionFund and corporate services provider the Aztec Group has promoted Nick Barton to Associate Director in Guernsey. Nick joined the group as a Senior Fund Accountant in 2010 from Investec Trust. Since then, he has helped create a multi-product, multi-jurisdictional service for some of the firm's l...     [read more]

    By Aztec on  14 August 2018 
  • Carey Olsen makes Bermuda appointment

    Kyle_Masters_COCarey Olsen Bermuda has appointed Kyle Masters as a Senior Associate within its litigation team.   Kyle joins the law firm after two years at Digicel Group, most recently as Head of Strategy and Regulatory. Prior to that, he worked for the Bermuda Monetary Authority and the Regulatory Authority...     [read more]

    By Carey Olsen on  14 August 2018 
  • Ogier: PE and debt listing driving TISE growth

    peter-longstaffe_OgierOgier's Jersey listings team says it continues to see strong flows of private equity and intercompany group-related debt listings, as The International Stock Exchange (TISE) announces a general increase in listings for the first six months of 2018. Peter Longstaffe (pictured), Counsel...     [read more]

    By Ogier on  14 August 2018 
  • Zedra appoints new Client Director in Jersey

    Simon Voisin_ZedraTrust, corporate and fund services company Zedra has appointed Simon Voisin to the role of Client Director.  Simon has over 27 years’ experience in offshore wealth management. He joins Zedra from Highvern, where he has served as Private Client Director for almost two years. His car...     [read more]

    By Refinery on  13 August 2018 
  • Sanne names Mauritius head

    Peter-Nagle_SanneTrust and fund administration services provider Sanne has appointed Peter Nagle as its new Country Head – Mauritius, responsible for providing guidance and support to the local client service leadership teams based on the island.  Sanne’s office in Mauritius is the second...     [read more]

    By Liquid on  13 August 2018 
  • Sancus announces senior hires in Ireland

    Michael MooneyJersey-based Sancus BMS Group has made two senior appointments to its Ireland office – Michael Mooney as Managing Director and Geoff Savage as Director of Lending. Michael’s 20 years in financial services includes 16 years in banking and real estate finance, most recently at Barclays, w...     [read more]

    By Sancus on  13 August 2018 
  • Skipton points to Guernsey property boost

    Skipton castleSkipton International has said it is optimistic about the Guernsey property market, following the publication of official figures today. The Residential Property Prices Bulletin for the second quarter of 2018, published by the States’ Data and Analysis Team, offers a mixed picture but there a...     [read more]

    By Direct Input on  10 August 2018 
  • Digital Jersey releases half-year review

    DigitalJersey_logo2018In its half-year review for 2018, Digital Jersey has said equipping people with digital skills is one of the most pressing priorities for the island. Tony Moretta, Chief Executive of Digital Jersey, said work to equip the island’s workforce with the right skills in the face of the growth of a...     [read more]

    By Digital Jersey on  10 August 2018 
  • Collas Crill acts in New York property deal

    Collas Crill’s British Virgin Islands (BVI) commercial team has provided legal advice to Extell Development on a $530 million loan package to facilitate the purchase of Brooklyn Point, New York.  This is the firm's first development in Brooklyn and, at 720 feet tall, is said to ...     [read more]

    By Black Vanilla on  9 August 2018 
  • Vantage makes executive appointment

    Sam O'ReillyJersey-based Vantage Insurance Brokers has appointed Sam O’Reilly as Business Development Executive, to spearhead expansion in the professional and high-net-worth client areas. Sam joins from Rossborough Insurance, where he was New Business Executive, having previously spent almost eight year...     [read more]

    By Vantage on  9 August 2018 
  • Guernsey launches Private Wealth Forum

    We Are Guernsey logoGuernsey has announced details of its inaugural Private Wealth Forum, to be held in Spitalfields, London, on Thursday 8 November.   The Guernsey Finance event, entitled Politics without frontiers - wealth without fears, is being hosted in conjunction with the Guernsey Association of Trustees an...     [read more]

    By We Are Guernsey on  9 August 2018 
  • Oi scoops global award

    Oi new logoChannel Island creative and digital marketing agency Oi has been named a winner at the 2018 global dotCOMM Awards. The agency won a Platinum Award, the top accolade in the competition, in the Travel Website Category, for the design and build of, the website of Guernsey’s Airline. ...     [read more]

    By Oi on  9 August 2018 
  • Advocate James O’Grady joins BCR Law

    James O'Grady BCR LawBCR Law has announced that Advocate James O’Grady has joined the firm.  Advocate O’Grady trained as an English solicitor at Shoosmiths, moving to Jersey on qualification in 2005. He was called to the Jersey Bar in October 2011. Before to joining BCR Law, James spent almost five ye...     [read more]

    By BCR Law on  9 August 2018 
  • BDO/C5 acquire ALX Training

    C5Alliance logoBDO in Jersey and its recently acquired technology business C5 Alliance have purchased ALX Training. According to C5, the acquisition will add to its IT client services portfolio, with ALX's training expertise covering technology-focused workplace skills including ...     [read more]

    By Orchard PR on  8 August 2018 
  • GFSC launches innovation network

    GFSC logoThe Guernsey Financial Services Commission (GFSC) has, in collaboration with 11 financial regulators and related organisations, announced the establishment of the Global Financial Innovation Network (GFIN), building on a proposal earlier this year to create a ‘global sandbox’. The netwo...     [read more]

    By Guernsey Financial Services Commission on  8 August 2018 
  • Collas Crill acts in Generali acquisition

    Collas Crill has provided Guernsey law advice to Life Company Consolidation Group (LCCG) on its entry into an agreement to acquire Generali Worldwide Insurance Company and Generali Link.  Generali Worldwide Insurance Company has its headquarters in Guernsey and specialises in offering life ins...     [read more]

    By Collas Crill on  8 August 2018 
  • Global Elite 'Ones to Watch' listing published

    Private Client Global EliteThe latest Private Client Global Elite 'Ones to Watch' list has been published. Compiled by Legal Week and The American Lawyer, the list aims to identify the trusts and private client rising star lawyers with an international reach.  This year's list includes a number of Channel Is...     [read more]

    By BL Global on  8 August 2018 
  • Panellists announced for Jersey IoD Annual Debate

    IoD LogoThe island’s chief Brexit negotiator, the Chairman of its biggest telco, and a tax expert will be among the panellists discussing the fundamental issues facing Jersey at this year’s IoD Annual debate.   IoD Jersey’s flagship event – this year entitled 'Is Jersey&rsqu...     [read more]

    By Direct Input on  7 August 2018 
  • Jersey consults on economic substance requirements

    States of Jersey logo 2017The Government of Jersey has published a consultation paper seeking feedback on proposed economic substance requirements for companies that are tax resident in Jersey.  The proposals set out in the consultation would allow the island to meet the commitments made in 2017 to the EU Code of Condu...     [read more]

    By States of Jersey on  7 August 2018 
  • Ogier appoints Guernsey Partner

    TimClipstone_OgierTim Clipstone has joined the Guernsey office of Ogier as a Partner in its investment fund team. Tim has a strong reputation for his work with offshore investment funds, having specialised in investment fund structuring, equity fundraising, mergers and acquisitions, and group reorganisations.  ...     [read more]

    By Ogier on  7 August 2018 
  • Bailiwick Investments names new Chairman

    GeoffreyRowland_BailiwickFormer Bailiff Sir Geoffrey Rowland QC (pictured) has been appointed Chairman of Channel Island-based closed-ended specialist Bailiwick Investments, following the retirement of Jurat David Lowe. Sir Geoffrey was appointed to the board in October 2016. He has previously spent many years on the board...     [read more]

    By Ravenscroft on  7 August 2018 
  • Highvern makes senior hire

    LuciaPerchard_HighvernFollowing the launch of its family office team last year, Highvern Trustees has announced the appointment of Lucia Perchard as Senior Client Director, to help it continue to meet continuing demand for family office services.   Beginning her career with local law firm Volaw 20 years ago, L...     [read more]

    By Highvern on  6 August 2018 
  • Sanne announces EMEA promotions

    Stephanie_Hopkins_SanneSanne has appointed Jersey-based Stephanie Hopkins and Stephen McKenna as Co-Heads of its Private Debt & Capital Markets business for the Europe, Middle East and Africa region.  They will be responsible for the strategic direction, management and delivery of the group's Private Debt &a...     [read more]

    By Liquid on  6 August 2018 
  • RBS International announces half-year results

    RBS International has announced its 2018 half-year results. The Jersey-based business returned a pre-tax operating profit of £173 million, an increase of 80 per cent on the same period last year.  Total income has risen from £195 million in the first half of 2017 to £284 mil...     [read more]

    By Crystal PR on  3 August 2018 
  • JFSC launches online JPF application tool

    JFSC logo The Jersey Financial Services Commission (JFSC) has launched an online application tool for Jersey Private Funds (JPFs). The tool aims to transform how applications are processed for new licences. A key part of the JFSC’s Change Programme and e-enablement strategy, it will speed up applicatio...     [read more]

    By Jersey Financial Services Commission on  3 August 2018 
  • Guernsey captive efforts earn Asian award

    Malcolm Cutts-Watson_Asia awardsGuernsey has been named best Non-Asian Domicile at the inaugural 2018 Asia Captive Review Awards this week.   The awards recognise and reward exceptional providers of captive insurance products and services that have outperformed their competitors and demonstrated the highest levels of excellen...     [read more]

    By We Are Guernsey on  3 August 2018 
  • Aztec announces CI promotions

    RichardPhillips_AztecFund and corporate services provider Aztec Group has announced several promotions in the Channel Islands. In Guernsey, private equity specialist Nick Barton has been promoted to Associate Director. Nick joined the group in 2010 as a Senior Fund Accountant. Over the past eight years, he ha...     [read more]

    By Aztec on  3 August 2018 
  • Recruitment firm appoints Manager for new Jersey office

    RuthMaskell_2018UK recruitment firm Alexander Daniels, which opened its first offshore office in Guernsey in 2016, has appointed Ruth Maskell as the Manager of its newly opened office in Jersey.  Jersey-based Ruth brings 15 years of recruitment experience to the new role. She joins the company after a short-t...     [read more]

    By Alexander Daniels on  3 August 2018 
  • BDO Guernsey becomes independent member of BDO global network

    BDO LogoBDO Guernsey is now an independent firm within the global BDO organisation, following a management buyout of the business by the Guernsey firm’s board of directors.  Richard Searle, André Trebert, Justin Hallett and Stuart Phillips have purchased the business from BDO LLP in the U...     [read more]

    By BDO on  2 August 2018 
  • States of Guernsey seeks business views on Brexit

    Businesses in Guernsey are being asked to share information and views on Brexit, with the States of Guernsey commissioning BMG Research to carry out a study of the potential impact of Brexit on businesses in the bailiwick.  The researchers will contact firms in Guernsey, Alderney and Sark...     [read more]

    By States Of Guernsey on  2 August 2018 
  • Chamber announces September Lunch

    Jersey Chamber of Commerce logoThe Jersey Chamber of Commerce has announced details of its September Chamber Lunch. The event – 'Through the eyes of your customer: how listening to your customers’ negative experiences can be a valuable source of business intelligence' – will take place on 12 September a...     [read more]

    By Jersey Chamber of Commerce on  2 August 2018 
  • Comment: Recent developments in Jersey law

    DavidPostlethwaite_JerseyFinanceDavid Postlethwaite, Technical Manager at Jersey Finance, examines a number of changes to corporate law on the island and what they mean in real terms  Several recent and upcoming developments in Jersey’s legal framework demonstrate the island’s commitment to retaining its position...     [read more]

    By Jersey Finance on  1 August 2018 
  • Ogier makes mid-year promotions

    sevyn-kalsi-OgierOgier has announced a number of promotions across its Jersey office. Sevyn Kalsi (pictured), part of the Private Client and Trusts team, has been promoted to Managing Associate.  Sevyn joined the firm in 2014 and has served as Senior Associate for the past two years. His practice focuses on p...     [read more]

    By Ogier on  1 August 2018 
  • Briefings to be held on Revenue Jersey

    States of Jersey logo 2017Revenue Jersey – a part of the Treasury and Exchequer Department that's bringing together the collection of taxes and social security contributions in one team – is to hold a series of briefings on its plans this autumn. From 4-8 October, the public meetings will explain how work is...     [read more]

    By States of Jersey on  1 August 2018 

« July 2018

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