KPMG in the Channel Islands has named James Le Bailly as its Audit Director, working primarily in real estate and financial services and with a pan-island remit.
James, a chartered accountant, returns to the Channel Islands after two years on secondment in the San Francisco Bay Area, whe...
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By Refinery on
22 December 2017
The government of Jersey has published a report containing the results of its recent Brexit Business Survey. To view the findings click here
The survey was designed to:
• Determine the importance of visa-free business travel, the rights of EU nationals to live and work in the islan...
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By States of Jersey on
22 December 2017
The International Stock Exchange (TISE) has launched a service to assist local financial services firms with obtaining a Legal Entity Identifier (LEI).
An LEI is a unique 20-character alphanumeric identification code designed for regulators to globally identify all legal entities engaging in ...
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By TISE on
22 December 2017
Jersey has this week adopted an international measure designed to stop multinationals from shifting profits between countries to avoid paying tax. The practice, known as base erosion profit shifting (BEPS), has been targeted for action by the Organisation for Economic Cooperation and Developmen...
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By States of Jersey on
22 December 2017
SGG Group has acquired First Names Group from AnaCap Financial Partners.
The transaction (which is subject to regulatory approval) means that SGG will become, by revenue, the world’s fourth-largest provider of trust, corporate and fund services. The combined group will employ over 1,500 peopl...
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By First Names Group on
20 December 2017
The judgment in favour of Executive and Non-Executive Directors involved in the Carlyle Capital Corporation case forms the basis of a panel discussion at the second seminar in the JT Winter Series, staged by the Guernsey branch of the Institute of Directors.
The seminar, which will be held in the D...
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By Orchard PR on
19 December 2017
Aurigny has been ranked best short-haul airline by Which? magazine.
The consumer organisation carried out a survey in September and October, asking passengers about their recent experiences of flying with an airline from the UK. It gathered a total of 11,625 responses.
Aurigny’s overall cust...
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By Aurigny on
18 December 2017
Digital Jersey will be running a one-year scheme to encourage up to 20 highly skilled entrepreneurs to establish a business on the island.
The Digital Start-up Scheme aims to attract applications from potential high-growth digital businesses from around the world, as well as local residents w...
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By Marcom Collective on
18 December 2017
The latest issue of Businesslife – the first edition of 2018 – is now available online.
This issue kicks off the new year by asking nine experts to give a view on the year ahead in their area of expertise – finance, technology, tourism and law. Asked about the challenges and...
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By BL Global on
18 December 2017
Jersey-based Whitmill Trust has named Michelle Cramsie as its Head of Compliance and Risk.
In her new role, Michelle will manage all business and regulatory and risk requirements and monitor best practice compliance standards across the group’s offices.
She has over 15 years&rsqu...
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By Suzanne le Lay on
18 December 2017
PraxisIFM has created two Group and two Director positions in the Channel Islands.
In Jersey, Siobhan McGrath and Dan Toft (pictured) have been promoted to Directors at PraxisIFM Trust Jersey, where they have joined the board.
Siobhan leads a private client team looking after a variety...
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By Liquid on
18 December 2017
Mourant Ozannes' mergers and acquisitions team has advised British Virgin Islands-based LabTech Investments on its contractual takeover of Guernsey-based MarketTech Holdings.
The transaction, which values MarketTech at £892.5 million, is reported to be the largest public M&A deal...
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By Mourant Ozannes on
15 December 2017
Carey Olsen and JTC have advised ARC Fiduciary on the launch of one of Jersey's first Initial Coin Offerings (ICO). Carey Olsen advised on the legal and regulatory aspects of the ICO, JTC provided administrative services.
The ICO will see the issue of the ARC Reserve Currency, which is ex...
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By Orchard PR on
15 December 2017
JT has signed an agreement with the national telecoms company of Andorra to work together in areas such as the Internet of Things and information security.
The cooperation programme will also promote the professional development of employees. Staff will be seconded from JT to Andorra Telecom ...
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By Direct Input on
15 December 2017
Fund and corporate services provider Aztec Group has appointed Gavin Hayman as a Director in its Guernsey office.
Gavin will form part of the team responsible for developing private equity fund services in Guernsey. Day to day, he will oversee client relationships for the Guernsey office and across...
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By Aztec on
14 December 2017
Family office specialist Accuro has opened an office in Zurich, which will be led by Kripa Sethuraman as Head of Family Office.
The firm says its expansion in Switzerland is a response to growing demand among international families with cross-border assets for complex and value-added trust services...
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By Accuro on
14 December 2017
The government of Jersey has issues a statement on its position concerning initial coin offerings (ICOs) – a digital way of raising funds from the public using distributed ledger or blockchain technology.
The government supports the view that ICOs conducted through Jersey legal entities...
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By States of Jersey on
14 December 2017
PwC in the Channel Islands has appointed Simon Perry as its new Senior Partner with effect from 1 January 2018, succeeding Brendan McMahon, who has held the position since 2012.
A Partner with PwC since 2005, Simon has had a wide variety of roles within the firm, in asset ...
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By Crystal PR on
13 December 2017
Zedra has named Lisa Tan as its new Head of Corporate Services in its Singapore office.
Lisa has extensive experience built up over 10 years working with private clients and corporate entities. At KPMG, she specialised in corporate income tax compliance and advisory work for large ...
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By Nacelle on
13 December 2017
Fiduciary group Fairway has appointed Alison Creed as a Director to help develop the pension trustee and employee benefits division of the business.
Alison joins the firm from RBC, where she spent 19 years in the international pension and employee benefits arena, latterly as Managing Director ...
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By Fairway Group on
13 December 2017
There are just over two weeks left to take advantage of the early bird rate for next year’s Channel Islands Funds Forum.
The event will take place from 9am - 3:30pm on Wednesday 26 September at the Hotel de France in St Helier. The early bird rate of £150 is available until Friday ...
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By BL Global on
12 December 2017
Bedell Cristin has promoted Charlotte Beddoe and Rebecca Stannard to its senior management team.
Charlotte (pictured left), who joined the firm in 2016, has been appointed Head of Risk and Compliance. Previously Deputy Head of Risk and Compliance, Charlotte has worked in the finance industry ...
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By Crystal PR on
12 December 2017
Two funds have performed a secondary market trade in what are believed to be the first notes to have been digitised on a private blockchain set up by Guernsey ICC Solidum Re.
In August, Guernsey-domiciled ILS reinsurance transformer and incorporated cell of Solidum Re, Dom Re IC, issued a ser...
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By Orchard PR on
12 December 2017
A year on from its management buyout from Coutts & Co, Highvern Trustees is launching a boutique fund services business.
Highvern Fund Administrators will commence trading on 1 January 2018, providing a complementary service to Highvern Trustees in Jersey.
It will operate under the leade...
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12 December 2017
Jersey Chamber of Commerce has announced details of the first Chamber Lunches for next year.
• 17 January – Change: Ten Minutes to Midnight, with guest speaker the Lieutenant-Governor of Jersey, Sir Stephen Dalton.
Having managed major change programmes within government for much of his...
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By Jersey Chamber of Commerce on
11 December 2017
Business risk consultancy Redwwod Offshore has made two senior appointments within the Channel Islands compliance team. Charlie Roger has been named Executive Director and Jenni Hartley Senior Consultant.
In his new role, Charlie will focus on business development and strategic growt...
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By Liquid on
11 December 2017
PwC has appointed two new Senior Tax Managers at the firm.
Anthony Chandlen, who specialises in asset management, including cross-border tax structuring, has more than 18 years’ experience in financial services, 15 of those on taxation matters.
The current Chairman of the Jersey branc...
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By Crystal PR on
8 December 2017
Lawyers from Carey Olsen's corporate and finance group in Guernsey have advised London-based Inflexion Private Equity on its minority investment in fleet payments and telematics provider Radius Payment Solutions.
Inflexion has invested £150 million in Radius, with the deal valued at...
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By Orchard PR on
7 December 2017
Jersey law firm Voisin has acted as legal counsel in connection with two issuances of CLO (collateralised loan obligation) refinancing notes.
Saranac CLO V Limited and Saranac CLO VII Limited, together with Saranac CLO V LLC and Saranac CLO VII LLC, issued just over $640 million of refin...
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By Suzanne le Lay on
7 December 2017
Juliet Bousfield and Katrina Bray have joined stockbroking and investment management company Ravenscroft as Marketing and PR Executives.
Juliet moves to Ravenscroft after 13 years at Specsavers. She spent nine years there as an International Marketing Manager working in the Netherlands, before beco...
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By Ravenscroft on
7 December 2017
Jersey-headquartered trust company Whitmill has been named as 2017 Fund Administrator of the Year – Europe in the Global 100 Awards.
Votes are received from Global 100’s readers in more than 163 countries, and organisations, firms and individuals are then shortlisted before being...
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By Suzanne le Lay on
7 December 2017
Fund services provider Moore Management, part of First Names Group, has appointed Nigel Hill as Funds Director.
Based in Moore’s head office in Jersey, Nigel will be responsible for driving European business development and promoting Moore across the investment manager and intermediary ...
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By First Names Group on
6 December 2017
Jersey and Guernsey have not been included in the EU’s newly released list of 17 blacklisted jurisdictions seen as not cooperative on tax matters.
The EU Code of Conduct Group on Business Taxation (Code Group) has determined that the islands are cooperative tax jurisdictions, and will w...
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By Bedell Cristin on
5 December 2017
The International Stock Exchange (TISE) has appointed Mark Nicol as Managing Director of its regulatory arm, The International Stock Exchange Authority (TISEA).
Mark joined TISEA this week from the UK’s Financial Conduct Authority, where he has held a number of senior positions, most recently...
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By TISE on
5 December 2017
The Council of Ministers has proposed new data protection laws that will help to strengthen individuals’ rights and ensure that Jersey businesses remain competitive.
The Data Protection (Jersey) Law 201- and Data Protection Authority (Jersey) Law 201- were lodged today and are scheduled ...
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By States of Jersey on
5 December 2017
Bedell Cristin has named Neil May as its new Chief Operating Officer.
Neil has extensive experience working in management roles in the professional services and legal industries, including at EY, Clifford Chance and Hogan Lovells.
Before joining the law firm, he has served as CEO at London-b...
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By Bedell Cristin on
4 December 2017
Blue Islands has begun legal proceedings against the States of Guernsey’s regulatory body, the Transport Licensing Authority, claiming its new rival Waves should have a local air transport licence to fly passengers.
According to reports in the Jersey Evening Post and Guernsey Press, Waves has...
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By BL Global on
4 December 2017
James Anderson has been named as the new Group Managing Director at Rossborough Insurance — Gallagher’s personal and commercial lines broking business based in the Channel Islands and Isle of Man.
James will take up the position in January, subject to regulatory approval. He takes...
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By Liquid on
1 December 2017
Skills are the biggest barrier to digital transformation in the Channel Islands, according to IT executives. So says the Logicalis Global CIO Survey 2017-2018, which questioned nearly 1,000 Chief Information Officers and IT Directors around the world about issues surrounding digital transformation.
...
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By Direct Input on
1 December 2017
The Jersey Financial Services Commission (JFSC) has issued a warning regarding initial coin offerings (ICOs). The notice follows recent warnings from countries including the UK, US, Canada, Germany and Singapore regarding this type of activity.
What are ICOs?
ICOs are a digital way of raisin...
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1 December 2017
The Guernsey Financial Services Commission has published a guide to financial services regulation on the island, which is intended to clarify and explain regulation in a non-legal way. To view or download a copy click here
In the introduction to the publication, Regulatory Framework: A guide t...
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By Guernsey Financial Services Commission on
1 December 2017
Liquid has been named Outstanding Consultancy of the Year in the South of England and Channel Islands at the CIPR PRide awards 2017.
The integrated communications consultancy has offices in Jersey, Guernsey, Birmingham and a base in London. It won the gold award for the South of Eng...
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By Liquid on
1 December 2017