Switzerland and the US are the biggest promoters of financial secrecy, according to a new index published by the Tax Justice Network (TJN).
In a report by the International Consortium of Investigative Journalists, the index ranks countries based on their level of secrecy and the percentage of finan...
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By ICIJ on
31 January 2018
The Channel Islands subsidiary of independent investment manager Brooks Macdonald saw the value of funds it manages grow by nine per cent over the second half of 2017, according to the firm's recently published half-year trading update.
The figures, announced as part of the group's interim ...
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By Crystal PR on
31 January 2018
The number of debt judgments in Jersey fell to a historic low during 2017, according to figures released today by Registry Trust.
Registry Trust is the non-profit organisation that collects judgment information from jurisdictions throughout the British Isles and Ireland. In Jersey, it collect...
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By Registry Trust on
31 January 2018
EY ITEM Club's Winter forecast presentation is taking place at The Grand Hotel on Tuesday 6 February from 12.30pm.
Martin Beck, EY's Senior Economic Advisor from ITEM Club, will discuss the outcomes and themes of ITEM Club's Winter forecast. He will address the key themes of the f...
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By EY on
30 January 2018
Carey Olsen has played a central role in advising NYX Gaming Group in relation to its recommended takeover by Scientific Games Corporation.
The deal, which valued NYX at approximately Can$775 million, represented a premium of approximately 112 per cent over the closing market price on the day...
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By Carey Olsen on
30 January 2018
Equiom Solutions will provide a UK tax update to Jersey and Guernsey residents and advisers at its annual seminars in February.
The Jersey seminar will take place at the Pomme d’Or Hotel, St Helier on 7 February, from 8.30am to 10.00am. The Guernsey seminar will follow on 8 February at ...
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By Equiom on
29 January 2018
Implementing fintech solutions is a way to drive efficiencies and improve quality, and represents an opportunity for businesses, according to the findings of an EY survey, Fintech in the Channel Islands.
The survey, launched in June 2017, found that 84 per cent of those surveyed across the Channel ...
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By Orchard PR on
29 January 2018
Global financial services provider Ocorian has entered into a definitive agreement to purchase Capco Trust, an independent Jersey-based private client and corporate services business.
According to Ocorian, the acquisition expands its service capabilities to include expertise in all aspects of...
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By Ocorian on
26 January 2018
There were 11 winners from the Channel Islands, and Jersey was for the sixth year running named International Financial Centre of the Year, at the Citywealth International Financial Centre Awards last night in the City of London.
The awards, set up seven years ago, highlight the excellence of advis...
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By Citywealth on
26 January 2018
Outsourced services provider Ipes has made three senior promotions across its Guernsey and Jersey offices.
Colette Taylor (pictured) has been promoted from Assistant Manager to Manager in Guernsey, where she will oversee an administration team responsible for a number of private equity funds.
Mean...
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By Ipes on
25 January 2018
Investment funds lawyer Sophie Reguengo has joined Ogier's Jersey funds team as Counsel, specialising in investment funds and regulatory issues.
Sophie brings almost 15 years' experience as an offshore funds specialist to the firm, working in both Jersey and Hong Kong. Her practice focuses ...
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By Ogier on
25 January 2018
The Guernsey branch of the Institute of Directors is holding a Winter Seminar on Friday 26 January – 'The Standard of Expectation – Does Carlyle raise or lower the bar for Directors/ NEDs?'.
Following seven years of litigation, judgement was found in favour of the ex...
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By Orchard PR on
24 January 2018
Professional services provider Equiom has announced the acquisition of corporate and fund administration business Carey SA Luxembourg.
Led by Managing Director Barry Black, the team at Carey SA specialise in the incorporation and central administration of Luxembourg unregulated and regulated ...
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By Equiom on
24 January 2018
Corporate services provider Vistra has opened an office in Stockholm, Sweden, which marks the firm's first step into the Nordic region.
The office will cater for Nordic outbound business opportunities and is led by Maria Mwegerano. She moves on from her previous role as as Head of Business...
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By Nacelle on
24 January 2018
Voisin Law has started the year with two new Partners, promoting Kate Anderson (pictured) and Clare Nicolle. This brings the total number of Partners to six.
Kate, an experienced corporate and commercial Lawyer, joined Voisin Law in 1998. She acts for local and international clients and was sworn i...
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By Suzanne le Lay on
24 January 2018
Accounting and advisory group Moore Stephens has appointed Guarin Clayton as Client Services Director within its trust and corporate services department.
Guarin brings with him more than 25 years' experience in private banking and independent trust company operations in Jersey, inclu...
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By Orchard PR on
24 January 2018
The International Stock Exchange (TISE) has promoted Ben Snook (pictured left) and Kyle Campbell within its regulatory arm, The International Stock Exchange Authority (TISEA).
Ben has been appointed Senior Manager in the listings admissions department of TISEA. He joined the Exchange in ...
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By TISE on
24 January 2018
The first step in a series of Brexit-related measures has been taken today. A draft law laying the foundation for the changes Jersey will need to make as a result of Brexit has been lodged by the Minister for External Relations, Senator Sir Philip Bailhache (pictured).
The European Union Repeal and...
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By States of Jersey on
23 January 2018
Following the management buyout of BNP Paribas Real Estate (Jersey) last October, the recently formed D2 Real Estate has expanded into Guernsey and set up an office in St Peter Port.
From its bases in St Helier and now St Peter Port, D2 Real Estate provides commercial property services includi...
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By Suzanne le Lay on
23 January 2018
The Institute of Directors' Jersey Director of the Year Awards, launched by the Jersey branch of the IoD this week, will feature a new range of categories.
Nominations are now open for the 2018 awards, which aim to identify the island's top leaders across the private, public and voluntary s...
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By Crystal PR on
23 January 2018
An amendment to Jersey’s banking regulations came into force on Friday 18 January, relating to the Single European Payments Area (SEPA). The amendment updates Jersey’s law to bring it in line with all other SEPA members.
According to Jersey Finance, the amendment means banks and their c...
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By Crystal PR on
22 January 2018
Standard Chartered Private Bank has appointed Philip Harvey (pictured left) as Executive Director within its Wealth Intermediaries team.
In his new role, Philip will be responsible for developing and strengthening relationships with professional intermediaries, both on and off island.
He bri...
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By Liquid on
22 January 2018
RBS International has completed a multimillion-pound revolving credit facility for a Guernsey-based debt fund.
Sequoia Economic Infrastructure Income Fund is a Guernsey-domiciled closed-ended fund listed on the FTSE 250 Index, which invests principally in infrastructure loans backed by operational ...
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By Crystal PR on
19 January 2018
Crestbridge has added to its Family Office Services team in Jersey with the appointment of Keith Mallet as Director.
Keith brings to the role more than 20 years' experience of working in international financial services, having started work in the trust tax group at Abacus Financial Servic...
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By Crystal PR on
19 January 2018
Grant Thornton has appointed David Cartwright as Senior Consultant, Information Security.
David will lead the Information Security team, providing a range of services to clients in the Channel Islands:
• Data protection, including the EU GDPR and Channel Islands laws
• Information se...
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By Grant Thornton on
18 January 2018
Digital Jersey is holding its annual review on 26 January at Cineworld in St Helier.
At the free-to-attend breakfast meeting, Digital Jersey CEO Tony Moretta and guests will discuss key areas of focus and the organisation's plans for the coming year.
• Joe Dignan, global Smart City expert...
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By Digital Jersey on
18 January 2018
Digital Jersey is hosting a presentation by Advocate Andrew Pinel on the legal considerations of starting a digital business. The free-to-attend event will be held on Thursday 15 March, from 12:30 to 13:30, at the Digital Jersey Hub.
Andrew Pinel will look at the legal considerations involved ...
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By Digital Jersey on
18 January 2018
The potential impact of Brexit on local businesses and progress in the UK’s Brexit negotiations are to be put under the spotlight at the first IoD Jersey lunch club event this year, when Allie Renison (pictured), Head of Europe and Trade Policy at the Institute of Directors, will be the visiti...
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By Crystal PR on
18 January 2018
Jersey-based Sancus BMS Group has taken ownership of sister operation Funding Knight, which changes its name to Sancus Funding with immediate effect.
The move is part of a review of operations by Guernsey-based owner GLI Finance, which has transferred its holding in Funding Knight to Sancus.
...
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By Sancus on
17 January 2018
Offshore law firm Carey Olsen has made four senior promotions across its Jersey and London offices.
The promotions, effective from 1 January, comprise four new Senior Associates – Nienke Malan and Ashley Morrison in Jersey, and Vaishali Gupta and Nina Silva in the London office.
...
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By Carey Olsen on
17 January 2018
Lawyers from Carey Olsen’s corporate practice in Guernsey have advised AIM-listed mineral project developer Bushveld Minerals on two transactions, including the launch of listed company AfriTin Mining.
Most recently, Carey Olsen has advised Bushveld on its acquisition of 55 per cent of ...
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By Carey Olsen on
16 January 2018
Collas Crill has appointed Nigel Vooght (pictured) as the new Chairman of the Collas Crill Group. His primary role will be to oversee the growth and governance of the firm's seven offices.
A key figure in financial services, both in the Channel Islands and internationally, Nigel has been a...
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By Collas Crill on
15 January 2018
The Jersey Financial Services Commission (JFSC) is launching its annual business plan and budget at a presentation event at the Hotel de France on 17 January.
The island's financial regulator will set out its objectives and priorities for the coming year and beyond. It will focus on severa...
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By Jersey Financial Services Commission on
15 January 2018
Katherine Hitchins has been named as the new Head of Corporate at Guernsey law firm Babbé, as from 11 January. A Partner in the firm’s corporate team, Katherine takes over the role from fellow Partner Stuart Tyler.
Before joining Babbé, Katherine gained more than 13 years&r...
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By Babbé Legal on
15 January 2018
The Jersey Financial Services Commission (JFSC) and the Joint Financial Crimes Unit (JFCU) have issued a warning to islanders and businesses, following authorities receiving reports of intimidating ransom emails, where the recipient or their family’s lives are threatened.
The emails are likel...
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By Jersey Financial Services Commission on
12 January 2018
The Jersey Bankers’ Association (JBA) has formed a next generation advisory committee known as JBA 2.0.
Comprising 15 future banking leaders from 12 member banks, JBA 2.0 offers generational diversity to the main JBA committee, to help ensure sustainable and forward-looking industry en...
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By Crystal PR on
11 January 2018
The International Stock Exchange (TISE) has reported that there were 705 new listings during 2017 – an increase of 203 (40 per cent) on the previous year.
This took the total number of listed securities on the Exchange to 2,511 at the end of December.
Growth areas for new listings incl...
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By TISE on
11 January 2018
The Hatstone Group and the Folio Group are merging, subject to regulatory consent.
The merger will create a new group, which will retain the Hatstone name and will operate from offices in the British Virgin Islands, Jersey, London, Malta, Panama and South Africa.
Boutique law firm Hatstone started...
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By Hatstone Lawyers on
11 January 2018
Collas Crill has acted for Pacific Industrial & Logistics REIT and its subsidiary, Alanchoice, in the acquisition of three Guernsey companies for a combined £31.5 million.
Acquired from real estate investor Oxenwood YPL, the acquisition included the purchase of a portfolio of six logistic...
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By Collas Crill on
10 January 2018
Carey Olsen's Guernsey office has advised Tufton Oceanic Assets, a Guernsey-registered fund, on the completion of its initial public offering on the London Stock Exchange.
Trading on the specialist fund segment of the LSE's Main Market, the fund's initial placing raised $91 m...
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By Carey Olsen on
10 January 2018
Offshore law firm Carey Olsen has appointed Chris Griffin as a Partner in its Jersey office.
Chris joined Carey Olsen as a Senior Associate in 2011 before being promoted to Counsel in 2016, and is a member of the Jersey corporate team.
He advises on all aspects of corporate transactions, inc...
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By Carey Olsen on
10 January 2018
PraxisIFM has created a Chief Operating Officer role as part of its plan to grow internationally.
Kevin Scott has been named as the new COO, bringing with him more than 20 years of asset management experience.
Most recently, he was Head of EMEA and UK at Jupiter Asset Management, overseeing ...
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By PraxisIFM on
9 January 2018
The Royal Bank of Scotland has confirmed that it is selling the Jersey and Guernsey operations of its asset financing group, Lombard Finance, to Investec and Shawbrook Bank for £150 million.
The move comes in response to new ringfencing rules set to come into force in 2019, which aim to ...
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By BL Global on
9 January 2018
Jersey-based fund services business Highvern Fund Administrators has appointed James Bryant and Ken Ritchie as Head of Operations and Head of Accounting respectively.
James comes to the new role following more than nine years with Link Asset Services in Jersey, latterly as Director. His caree...
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By Highvern on
9 January 2018
Fiduciary group Fairway has appointed Jerry Daly as Director and Head of Funds.
Jerry joins from Credit Suisse in Zurich, where he has been working in a consultancy role. Prior to this, he was Executive Director at MUFG Alternative Fund Services in Jersey (formerly UBS Fund Services). ...
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By Fairway Group on
8 January 2018
Copy sponsored by Dorey Financial Modelling
A Guernsey-based actuarial technology company has been working with international asset managers to provide calculations required for Key Information Documents (KIDs) prepared in compliance with the EU’s new Packaged Retail and Insurance-based Inves...
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By Black Vanilla on
8 January 2018
Trust and corporate services provider NWH Global has promoted its Guernsey-based Financial Controller Rob Bickley to Group Financial Controller and Head of IT.
The new role will widen Rob's remit to include the group’s offices around the world, including Guernsey, British Virgin Isl...
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By Orchard PR on
8 January 2018
Collas Crill has appointed Sandy Salter as Group Head of Compliance, based in the firm's Guernsey office. She will be responsible for the compliance function across Collas Crill's seven offices.
Sandy brings with her more than 18 years’ experience in regulatory compliance within multi...
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By Collas Crill on
8 January 2018
Change management specialist Marbral Advisory has created two leadership roles. Leonie McCrann (pictured right) has been appointed CEO for the British Isles, while company founder Alexsis Wintour moves to the new role of CEO for Europe.
In her new role, Leonie will oversee Marbral...
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By Marbral Advisory on
8 January 2018
Carey Olsen Corporate Finance, a group company of offshore law firm Carey Olsen, was the leading listing agent for The International Stock Exchange (TISE) last year.
The company acted as listing agent to 40 per cent of all new issuers of debt securities during 2017, listing a third more new issuers...
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By Carey Olsen on
8 January 2018
easyJet has started selling seats on flights from Jersey to Edinburgh. The new service will begin on 31 March and will operate twice a week throughout the summer season.
This will be the eighth easyJet destination connecting Jersey with the UK, and the second to Scotland – the airline already...
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By easyJet on
5 January 2018
The total value of funds business in Guernsey grew by approximately £20bn over the 12 months to the end of the third quarter of this year, according to figures from the Guernsey Financial Services Commission (GFSC).
At the end of September 2017, the net asset value of all funds under manageme...
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By Orchard PR on
5 January 2018
Ken Bradley has become a Non-Executive Director at Guernsey-based Trust Corporation International, where his primary role will be to advise the board and executive directors on the firm’s growth strategy.
A finance professional with three decades of experience, Ken has held a number of senior...
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By Orchard PR on
5 January 2018
Parslows has appointed Natalie Jenner as a Partner within its Jersey-based divorce and family team. She also serves as Head of Family Law, Jersey Probate, and Wills and Succession.
After an early career with Tremoceiro Advocates and Viberts, Natalie was admitted as a Jersey solicitor in 2012 and jo...
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By Parslows on
5 January 2018
Guernsey-based company Waves, which launched last January as an ‘on-demand air taxi service’, is to alter its business model following a legal challenge by rival Guernsey airline Blue Islands.
Blue Islands began legal proceedings in December against the States of Guernsey’s regula...
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By BL Global on
4 January 2018
The internet of things, data protection, artificial intelligence, encryption and security awareness are some of the biggest trends that will affect cyber security this year.
So says Logicalis, in a newly released guide that aims to help organisations and individuals in the Channel Islands und...
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By Direct Input on
3 January 2018