PwC has appointed Neil Howlett as Partner with responsibility for the advisory team across the Channel Islands.
Neil has been with the PwC network for 15 years, having joined the firm’s graduate training programme. He has since worked in Continental Europe, the US, India and the UK.
Ba...
[read more]
By Crystal PR on
31 July 2017
Guernsey-incorporated The Prospect Japan Fund (TPJF) has been acquired by Japanese-based Prospect Co in a $147 million takeover.
TPJF, which is listed on the London Stock Exchange Main Market, was advised by Mourant Ozannes’ Guernsey team.
The offer was an all-share offer of Japanese l...
[read more]
By Guernsey Finance on
31 July 2017
How Babbé’s Dispute Resolution Partner, Advocate Todd McGuffin (pictured), assisted by Associate Bryan Little, successfully argued for the recognition of a new power in the Protec International case
The Companies (Guernsey) Law 2008 defines a ‘member’ of a company as one wh...
[read more]
By Babbé Legal on
31 July 2017
Mourant Ozannes' property practice has appointed Nicola Johnston (pictured top) and Teresa de Nobrega as Associates within its Guernsey team.
Nicola, who has spent the past two years as a Senior Solicitor at Scottish law firm Brodies in Edinburgh, advises on a full range of matt...
[read more]
By Mourant Ozannes on
28 July 2017
The Jersey Society for Chartered and Certified Accountants (JSCCA) has announced a new executive committee, following its recent Annual General Meeting.
Paul Woodman has been appointed President, with Wendy Martin as Vice President. Both will hold their new posts for the next two years.
Paul is Fi...
[read more]
By JSCCA on
27 July 2017
Jersey-based technology consultancy Comnexa has recruited Phil Cuming as its Client Development Manager.
Phil will act as a main point of contact for clients’ Salesforce solutions and will be responsible for marketing and business development.
An experienced marketing professional, Phil most...
[read more]
By Marcom Collective on
27 July 2017
Tim Rattray has been named as the new Managing Director of Vantage Insurance Brokers.
Previously Managing Director of Rossborough Insurance in the Isle of Man, Tim has relocated to Jersey to lead the insurance broking division of Vantage.
In his new role, he specialises in advising on and pla...
[read more]
By Trish Grover on
27 July 2017
Changes to the communications profession over the next five years will be the 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, will examine emerging trends in technology and busines...
[read more]
By Liquid on
27 July 2017
Bahrain-based telecommunications group Batelco – the parent company of Channel Islands operator Sure – has announced its half-year results to 30 June.
Key points for Batelco include:
• Gross revenues of BD181.1 million (US$480.4 million) – one per cent down on the same period...
[read more]
By BL Global on
26 July 2017
Accountancy, investment management and tax group Smith & Williamson has appointed two senior members to its private client tax team in Jersey.
Garry Bell (pictured) joins the firm as a Partner, while Kerry Emblem becomes Associate Director.
Garry has spent the past 20 years providing tax...
[read more]
By ORCHID on
26 July 2017
Fiduciary and administration services provider Estera has announced the acquisition of corporate and trust services business Headstart, based in Luxembourg.
Estera says the transaction will allow the company to expand into Luxembourg, which is seen as a key jurisdiction for fun...
[read more]
By Estera on
25 July 2017
JTC, in partnership with law firm Carey Olsen and investment manager Global Advisors Holdings, is to provide fund administration and corporate services to one of the world's first regulated crypto-denominated funds.
CoinShares Fund I, which launched on 23 June, is a self-managed fund that...
[read more]
By Orchard PR on
25 July 2017
PraxisIFM has become one of the first fund administrators to be authorised in the Abu Dhabi Global Market (ADGM) to offer fund administration services.
The financial services group has been granted a licence to act as an administrator of collective investment funds. Last year it was auth...
[read more]
By Liquid on
25 July 2017
Following the commencement of formal Brexit negotiations between the United Kingdom and the European Union on 19 June, a Brexit Review Panel has been formed to scrutinise Jersey’s policy towards Brexit.
The panel, which met for the first time last week, has taken on responsibility for scrutin...
[read more]
By States of Jersey on
25 July 2017
Channel Island marketing, creative and digital agency Oi has recruited Paul Le Breton to its Jersey office as its first Head of Creative, working alongside Guernsey Head of Creative Mark Ferneyhough.
Paul has been in the industry for 29 years, having started his career in the studio at Arena P...
[read more]
By Oi on
25 July 2017
Appleby has recruited Jonathan Anderson to its property team in Jersey.
Jonathan joins Appleby after practising as a Senior Associate with UAE law firm Hadef & Partners in Abu Dhabi over the past year, where he acted on numerous commercial property deals.
Prior to Abu Dhabi, Jonath...
[read more]
24 July 2017
Daniel Steadman (pictured) has been promoted to the role of Senior Consultant within the professional services team at C5 Alliance.
Daniel joined the technology solutions provider in 2013 as a Consultant, following an early career as an IT Developer within Guernsey Electricity.
He now specia...
[read more]
By Orchard PR on
24 July 2017
Hawksford has appointed Wendy Inns to the role of Associate Director within its Private Client team in Jersey.
Wendy brings 30 years’ financial services experience to the role, including 20 years in wealth planning and trust administration management.
In her new position, she will be r...
[read more]
By Liquid on
24 July 2017
The States of Jersey and Guernsey are being urged to ensure sufficient resources are allocated to meet the challenges and opportunities of data protection.
Emma Martins (pictured), who is the independent data protection regulator in Jersey and Guernsey, says the Channel Islands are at a ‘turn...
[read more]
By Liquid on
19 July 2017
Guernsey fiduciary firm Imperium Trust Company has appointed Roy McGregor as its new Chairman following the retirement of Peter Snowden.
Roy moved to Guernsey in 2006 when he was appointed CEO of Credit Suisse’s businesses in the Channel Islands, a role that he held for 10 years. He was respo...
[read more]
By Trish Grover on
19 July 2017
Jersey trust company, Alex Picot Trust, has appointed Solange Rebours to the new role of Operations Manager.
An experienced trust professional, Solange joined Alex Picot Trust in 2002 and now holds the dual role of Operations Manager and Senior Trust Officer. She will continue to manage a team of t...
[read more]
By Alex Picot Group on
19 July 2017
Global financial services business Ocorian announced today that it has entered into a definitive agreement to purchase MAS International, an independent fund administration and corporate services provider. The business operates in Luxembourg and Mauritius in addition to representation in the US. The...
[read more]
By Crystal PR on
18 July 2017
Paul Douglas, Managing Director, and Michael Giraud, Client Services Director, at Accuro Trust (Jersey) explain why the client perspective should not be ignored in a fast-moving fiduciary landscape.
Have the structural changes in the fiduciary industry resulted in clients coming last? Have the mech...
[read more]
By Accuro on
18 July 2017
According to a new survey from cloud solution provider Calligo, 69 per cent of board-level executives are neglecting to ensure the UK businesses they run will comply with the General Data Protection Regulation (GDPR).
The figures were in a survey of 500 IT decision-makers in companies with more tha...
[read more]
By Calligo on
18 July 2017
In 2013, Jersey Finance commissioned a strategic review of Jersey’s finance industry which set out a blueprint for the future of the island’s financial services industry.
At the time, a total of 21 initiatives across Jersey Finance, Government and the Jersey Financial Services Commissi...
[read more]
By Jersey Finance on
18 July 2017
The UK Government has confirmed that the previously delayed Finance Bill will be published in Autumn 2017, as soon as possible after the summer recess.
It has also been confirmed that the Finance Bill will legislate for all policies that were included in the pre-election Finance Bill, and that all ...
[read more]
By EY on
17 July 2017
Anthony Williams (pictured), Partner at Appleby in Guernsey, examines how Channel Island firms may be affected by a new corporate criminal offence
On 27 April 2017, the Criminal Finances Act 2017 (UK) received Royal Assent. It’s expected to come into effect in September 2017, and will introdu...
[read more]
By Appleby on
14 July 2017
Collas Crill has advised Freedom Select Funds (FSF) in converting it to Guernsey's new Private Investment Fund (PIF) regime.
FSF is managed by Freedom Asset Management Limited (FAML) and was established as a registered closed-ended fund in 2016.
The Collas Crill team, including Grou...
[read more]
By Collas Crill on
13 July 2017
Citywealth has announced its Leaders List for 2017, which features a range of professionals in both Jersey and Guernsey.
This directory highlights lawyers, accountants, private bankers, family offices, private investment offices and trustees working on behalf of ultra-high-net-worth private cl...
[read more]
By Ali Desforges on
13 July 2017
Jersey-based financial services group Minerva has appointed Stephen McCormack as its Head of Minerva Middle East DMCC, the group’s office in Dubai.
In his new role, Stephen will have responsibility for spearheading Minerva’s Gulf Cooperation Council growth strategy.
Earlier in his care...
[read more]
By Minerva on
13 July 2017
Wealth management specialist Cazenove Capital has recruited Peter Webber as its new Client Director, responsible for business development in Guernsey.
Peter’s 25-year career in financial services has focused on private banking and wealth management, predominantly with Credit Suisse Gro...
[read more]
By Cazenove Capital on
12 July 2017
The Jersey Statistics Unit has released the results of the June 2017 Business Tendency Survey.
The quarterly survey provides qualitative information about the island’s economy. Chief Executives and Managing Directors are asked for their opinions on the current situation of their bu...
[read more]
By Jersey Finance on
12 July 2017
Wealth management practitioners working for Chinese clients continue to seek guidance on the implications and requirements associated with the introduction of the Common Reporting Standard (CRS).
A recent CRS briefing in Hong Kong, hosted by Guernsey Finance, attracted more than 60 delegates ...
[read more]
By Guernsey Finance on
12 July 2017
Offshore law firm Carey Olsen has made six senior promotions across its global network of offices.
The promotions, effective from 1 July, include:
• Peter Sherwood, who moves up to Counsel in the Cayman Islands office (subject to immigration approvals)
• Alan Hughes (pictured)...
[read more]
By Orchard PR on
11 July 2017
European venture capital fundraising last year hit €6.4bn — the highest level since 2007 — according to a report by Invest Europe.
According to the association’s new publication, The Acceleration Point: Why Now is the Time for European Venture Capital, nearly 10 per cent of t...
[read more]
By Invest Europe on
11 July 2017
Financial services business Ocorian has appointed Anna Malorey in the role of Director of Client Reporting, based in Jersey.
Anna joins Ocorian from State Street, where she has held a number of client-facing, operational and project management roles since 2009, most recently as Head of Business Ope...
[read more]
By Ocorian on
11 July 2017
Emma Hosking-Williams (pictured), a Director in Private Client & Trust at EY in the Channel Islands, considers the impact of a new anti-money laundering measure
In June 2015, the EU introduced the Fourth Money Laundering Directive (4MLD), which requires Member States to have implemented it thro...
[read more]
By EY on
10 July 2017
Pippa Davidson (pictured), Head of Funds at Fairway Group and this year’s IoD Young Director of the Year, is launching Jersey’s first Lean In circle to support women in business.
The initiative was founded following the success of Sheryl Sandberg’s book, Lean in: Women, Work ...
[read more]
By IoD on
10 July 2017
Disruptive Capital has chosen Guernsey for its latest fund launch – the Secondary Disruptive Fund – with Ogier’s Guernsey investment funds team advising on the local aspects of its establishment and close.
The closed-ended collective investment scheme successfully closed at its ta...
[read more]
By BL Global on
10 July 2017
Investment management service Quilter Cheviot has hired Lee Morris as an Investment Director in its Jersey office.
Lee is a chartered wealth manager with more than 15 years’ experience within the investment banking and portfolio management sector. In his new role he will focus on the fix...
[read more]
By BL Global on
10 July 2017
A range of private client specialists from the Channel Islands have been highlighted in the recently released Top 200 Private Client Global Elite 2017 listing.
Compiled by Legal Week and The American Lawyer, the list aims to identify the top specialist trusts and private client lawyers with an inte...
[read more]
By BL Global on
10 July 2017
Guernsey-headquartered Freedom Asset Management, which launched at the end of 2015, is expanding beyond Europe following the amalgamation of the Somerset Capital Fund with its own Guernsey-based protected cell company (PCC), Opus Global Cautious Fund.
The move brings together Somerset Capital&rsquo...
[read more]
By Guernsey Finance on
7 July 2017
Financial services provider Volaw Group has named Fergus Amy as its Technical Manager.
In this newly created role, Fergus will focus on improving the team’s understanding of their respective roles, responsibilities and pressures. He will liaise with compliance, ICT and operations t...
[read more]
By Volaw on
6 July 2017
Kellyann Ozouf (pictured), Partner and trusts specialist at Collas Crill, takes a look at the proposed amendments to the Trusts (Jersey) Law 1984
Despite being more than 30 years old, the Trusts (Jersey) Law 1984 continues to provide a framework, whilst allowing Jersey’s courts to apply...
[read more]
By Collas Crill on
6 July 2017
Economist and statistician Dr Gunther Thumann has been appointed as the new Chairman of Jersey Finance. He succeeds Robert Christensen, who resigned as Chairman when he was elected as a Jersey Jurat in January.
From 1978 to 1994, Gunther served as an Economist in the German civil service and a Seni...
[read more]
By Crystal PR on
6 July 2017
Offshore fiduciary and administration services provider Estera has made two senior appointments to its Jersey team.
Melanie McEnery (pictured), who has worked for Estera since 2006, has been promoted from Client Director to Executive Director.
The principal focus of her new role i...
[read more]
6 July 2017
Frank Walker (pictured) has stepped up from his current position of Non-Executive Director on the Andium Homes board to take up the role of Chairman.
Frank takes over from Michael Jones, who brought Andium through its change from a States department to an independent, publicly owned entit...
[read more]
By Andium Homes on
6 July 2017
Independent trust and corporate fiduciary service provider New Street Management has acquired Liberation Management in Guernsey.
Following the acquisition, which has received regulatory consent from the Guernsey Financial Services Commission, Liberation’s Guernsey-based employees will remain ...
[read more]
By Black Vanilla on
5 July 2017
Law firm Viberts has promoted Barbara Littler to an Associate in the family law department.
Barbara joined Viberts in 2012 and qualified as an English solicitor in 2015.
She advises on finances, both in a matrimonial context and between unmarried ex-partners, and has experience in matters i...
[read more]
By Viberts on
5 July 2017
Cloud solution provider Calligo has made a series of senior appointments. These include:
• Adam Ryan as Chief Commercial Officer – prior to joining Calligo, he held senior leadership positions at Q Associates, Virtustream and VirtualizeIT.&...
[read more]
By Calligo on
5 July 2017
Intertrust in Jersey has appointed a new Director to its corporate services team.
Alice Read has moved from the firm’s Dubai office, where she was Managing Director, to take on her new role as Head of Corporate Services in Jersey.
She joined Intertrust in Dubai in September 2012 and br...
[read more]
By Orchard PR on
3 July 2017
The Chief Minister has finalised arrangements with the Jersey Financial Services Commission (JFSC) directing them to allow the Joint Financial Crime Unit (JFCU) of the States of Jersey Police and Customs enhanced access to beneficial ownership and control information held on the central registry of ...
[read more]
By States of Jersey on
3 July 2017
First Names Group has acquired the fiduciary arm of Isle of Man law and professional services group Cains, following all necessary regulatory approvals.
Cains has operations in both the Isle of Man and London. Part of the Cains Group, Cains Fiduciaries is based primarily in the Isle of Man an...
[read more]
By First Names Group on
3 July 2017