The Jersey Financial Services Commission (JFSC) has announced the appointment of a new Registrar of Companies.
Julian Lamb, Director of Registry and Deputy Registrar, will take up the position of Registrar of Companies following the departure of John Harris on 10 July 2018.
Julian has ...
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By Jersey Financial Services Commission on
31 July 2018
Jersey Business has announced details of this September's Enterprise Week, which will focus on the future of Jersey’s economy and how businesses can meet the opportunities and challenges being created by local and global events.
Running between 17 and 21 September, the keynote e...
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By Jersey Business on
31 July 2018
The Channel Islands subsidiary of independent investment manager Brooks Macdonald has seen double-digit growth in the value of funds it manages and a strong surge in net new business over the past 12 months, according to figures published by the group last week.
Figures announced as part of its tra...
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By Crystal PR on
30 July 2018
The Jersey Financial Crime Strategy Group – comprising representatives from the government of Jersey, Jersey Financial Services Commission, States of Jersey Police and Jersey Customs and Immigration Service – has launched a public consultation on the implementation of the 2012 Financial ...
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By States of Jersey on
30 July 2018
Jersey-based financial specialist SaSo Strategic Advisers has appointed George Baird as Non-Executive Director to the board.
A former Treasurer of the States of Jersey, George has also held a wide range of Chairman and Non-Executive Director roles over the past 20 years, including Chairman of ...
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By SaSo Strategy Advisers on
30 July 2018
UBS in Jersey has appointed Philip Legrand as an Associate Director in the Private Client Team, to help increase its Jersey and UK-based client portfolio.
Philip joins UBS from HSBC, where he has served in a range of relationship management roles over the past four years, most recently overse...
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By Refinery on
30 July 2018
Guernsey Finance has confirmed the full-time appointment of Andy Sloan as Deputy Chief Executive, Strategy.
Andy has been Acting Director of Strategy on part-time secondment from the Guernsey Financial Services Commission for the past nine months.
He now joins permanently to oversee developm...
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By We Are Guernsey on
27 July 2018
Nerine Fiduciaries has appointed Jonathan Bailey as a Client Services Director in its Guernsey office.
Jonathan joins the Guernsey office after five years running the firm’s British Virgin Islands operation. As a result of his departure, Nerine’s Deputy Managing Director in t...
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By Orchard PR on
27 July 2018
The number of alternative fund managers choosing to future-proof their EU-focused funds through Jersey continued to grow in the first six months of 2018, according to the latest figures from Jersey’s financial regulator.
Data from the Jersey Financial Services Commission (JFSC) for the period...
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By Crystal PR on
26 July 2018
The Institute of Directors has announced details of this year's Guernsey Convention in October, which will consider the bailiwick's place in the world.
Simon Anholt, Honorary Professor of Political Science at the University of East Anglia, will be the keynote speaker. Simon has worked...
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By Orchard PR on
26 July 2018
Collas Crill has acted for private family office Goodman Private Wealth on the £11.5 million purchase of two units at Derby Commercial Park, the latest addition to the firm's UK real estate investment portfolio.
Derby Commercial Park is being developed by Goodman, which specialises in ind...
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By Collas Crill on
26 July 2018
There has been further growth in new listings on The International Stock Exchange (TISE), with 338 newly listed securities during the first half of 2018. This takes the total number of listed securities on the exchange to 2,642 at the end of June 2018.
During the same period, four new me...
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By TISE on
25 July 2018
Research organisation Legal 500 has unveiled its inaugural Hall of Fame, which aims to highlight law firm Partners at the pinnacle of their career. The roll-out of the Hall of Fame continues throughout 2017/18 and currently recognises lawyers from the UK, US, Europe, Middle East and A...
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By BL Global on
25 July 2018
Following the establishment of a licensed trust company in Singapore as part of Butterfield's acquisition of Deutsche Bank Global Trust Solutions, the firm has made a number of senior appointments.
Most recently, Hannah Bisson (pictured) has relocated from Butterfield Trust (Guernsey) to j...
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By Liquid on
25 July 2018
Chambers & Partners has launched a high-net-worth guide – Chambers HNW – its first publication aimed at the international private wealth market.
The guide is intended for use by family offices and professional advisers to wealthy individuals, providing guidance on private ...
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By BL Global on
25 July 2018
A number of professionals from across the Channel Islands have been identified in Legal Week's Private Client Global Elite listing for 2018.
Launched last year, the list serves as a global directory of the world’s top private client and trust? disputes talent, as well as rising stars with...
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By Legal Week on
24 July 2018
Guernsey Finance has released details of this year's Guernsey Insurance Forum, which will take place in London this October.
The event will focus on the island’s captive sector and the theme of creative destruction. Guernsey’s insurance industry’s first foray into serving...
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By We Are Guernsey on
24 July 2018
Guernsey has received an overall rating of 'compliant' from the OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes.
The rating follows the second round of Global Forum peer reviews to assess compliance with the international standard on tax transparency and...
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By States Of Guernsey on
24 July 2018
Collas Crill has appointed two new Associates to its Jersey Property team – Alison Le Breton (pictured right) and Alexandra Bassford.
Alison is a solicitor of England and Wales, experienced in Jersey property law and conveyancing. She specialises in residential conveyancing, freehold/flying f...
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By Collas Crill on
24 July 2018
The UK government has received a dissertation on the data protection implications of a 'hard Brexit' for businesses, written and researched by Guernsey’s Deputy Data Protection Commissioner Rachel Masterton (pictured).
Chair of the Data Protection Authority Richard Thomas sent t...
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By Liquid on
23 July 2018
Finding people with the right skills is the top priority for technology businesses, with 46 per cent of respondents to Moore Stephens' annual survey of owner-managed businesses reporting it as their number one concern.
The finding comes from a recent white paper published by Moore Stephen...
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By Moore Stephens on
23 July 2018
Energy, oil and heating services Rubis has appointed Philippe Goron as the new Managing Director for its Channel Island operations, taking over from Nicolas de Breyne, who has been in charge since 2014.
Philippe has 35 years' experience of leading major projects and businesses within the c...
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By Orchard PR on
23 July 2018
The Jersey Financial Services Commission (JFSC) has issued a guidance note to industry on the subjects of integrity, dishonesty and competence.
The guidance comes in response to comments made by the Royal Court in the judgment handed down in the Francis v JFSC case (4 December 2017), in which the R...
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By Jersey Financial Services Commission on
20 July 2018
Mourant Ozannes has advised Yellow Cake, a specialist company established in Jersey to operate in the uranium sector, on the Jersey legal aspects of its initial public offering (IPO) on the London Stock Exchange's Alternative Investment Market (AIM).
Yellow Cake raised approximately US$20...
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By Mourant Ozannes on
20 July 2018
EY alumnus Kelvin Whelan has returned to the firm as a Senior Manager in the private client and trust team.
Kelvin has worked for EY in Guernsey for almost a decade, joining as a trainee before progressing to Manager.
He returns to the firm after gaining experience within the fiduciary industry as...
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By EY on
20 July 2018
Channel Island-based investment services group Ravenscroft has agreed terms to acquire a 25 per cent shareholding of MXC Capital (UK) – MXCUK.
The deal, which is worth £2.25 million, has been agreed between Ravenscroft Holdings, MXCUK and MXC Guernsey, a subsidiary of AIM-quoted MX...
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By Ravenscroft on
19 July 2018
Investor services firm SGG Group, backed by Astorg Partners, has received regulatory approval to acquire First Names Group.
The acquisition considerably strengthens SGG’s reach and capabilities in Jersey, Guernsey, the Isle of Man, Switzerland, Cyprus and Ireland, and allows it to provi...
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By First Names Group on
19 July 2018
Investec Bank (Channel Islands) – IBCI – has been granted a Class 1(3) financial services licence under the Isle of Man's Alternative Banking Regime (ABR).
IBCI currently has offices in Guernsey and Jersey. The bank specialises in general banking and lending services for trust...
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By Orchid Communications on
19 July 2018
A new set of regulatory amendments to Jersey’s company law will add greater flexibility to the jurisdiction’s corporate environment and enhance its appeal for corporate restructuring and M&A activity, according to the CEO of Jersey Finance, Geoff Cook (pictured).
The new regulations...
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By Crystal PR on
19 July 2018
There are only two more weeks to take advantage of the discounted rate for this year’s Channel Islands Funds Forum, so delegates are advised to book as soon as possible this week to take advantage of the special price.
The event – Untangling Complexities in Challenging Times – is ...
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By BL Global on
18 July 2018
Sanne has appointed Jonathan Ferrara as Managing Director of its client services business in Jersey.
Jonathan will provide guidance and support to the client service leadership teams on the island, who specialise in funds, corporate and private client services.
He will help deliver org...
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By Liquid on
18 July 2018
Stephanie Habin, English Solicitor at Voisin Law, examines how the introduction of new regulations will protect those with a disability, and what the effects will be on businesses
Following a States of Jersey debate on 21 March, the Discrimination (Disability) Regulations 2018 will come into force ...
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By Voisin Law on
18 July 2018
Advocate Rebecca McNulty has joined Ogier's Dispute Resolution team as a Managing Associate.
Skilled in commercial litigation, contentious trust, regulatory work, property-related disputes and insurance litigation – particularly high-value personal injury and professional indemnity claims...
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By Crystal PR on
17 July 2018
Guernsey-based outsourced services provider Ipes has been authorised by the Central Bank of Ireland to provide fund administration services.
The authorisation, effective from 16 July, enables Ipes (Ireland) to provide full administration services to collective investment schemes and alternative inv...
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By Ipes on
17 July 2018
Hawksford has appointed Eric Dolan as Head of Governance Risk and Compliance. He is based in Jersey but has overall responsibility for the Europe, Middle East and Africa region.
A specialist with more than 20 years’ experience in the financial services industry, including with the Jersey Fina...
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By Liquid on
16 July 2018
A Jersey-Guernsey visit to Brussels last week allowed two of the islands’ senior politicians to discuss key issues with representatives of the three main EU institutions – the Council, Commission and Parliament.
Jersey’s Minister for External Relations, Senator Ian Gorst, and Depu...
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By States of Jersey on
16 July 2018
The Jersey Financial Services Commission (JFSC) has today issued a guidance note containing information about its approach to initial coin offering (ICO) activity.
ICOs are a digital way of raising funds from the public using distributed ledger technology.
The guidance note details the JFSC’...
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By Jersey Financial Services Commission on
13 July 2018
Sales activity in the Guernsey Local Market is down 10 per cent compared to the same time last year, according to the latest conveyancing statistics compiled by Unusualities of Guernsey, an independent compiler of local conveyancing statistics.
For the six months to the end of June 2018 there were ...
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By Carey Olsen on
13 July 2018
A Guernsey fund investing in songs and musical intellectual property rights – set up by Merck Mercuriadis, the former manager of Beyoncé, Elton John, Morrissey, Iron Maiden and Guns N’ Roses – was admitted to the London Stock Exchange on 11 July 2018 after raising £202...
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By Estera on
13 July 2018
SGG Group, a global investor services firm, has announced the acquisition of Augentius, a global provider of alternative investment solutions to the private equity and real estate communities.
Augentius, which employs over 650 professionals, offers a complete suite of fund administration, depositar...
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By SGG on
12 July 2018
The International Stock Exchange (TISE) has approved its first insurance-linked securities (ILS) specialist as a member firm.
Solidum Re (Guernsey) ICC, a wholly-owned subsidiary of ILS manager Solidum Partners AG, has become a Category 1 and Category 2 sponsor, which enables the company to arrange...
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By TISE on
12 July 2018
Helen Gale, Andy Isham and Martin Rowley will assume new leadership roles at Deloitte in Jersey when Senior Partner Greg Branch retires in August.
Helen will lead the Jersey audit practice, Martin will lead the Jersey tax practice and Andy will lead the Jersey advisory practice.
Helen (pictured) j...
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By Black Vanilla on
12 July 2018
Ogier has acted as Jersey legal adviser for Index Ventures in relation to the establishment of Index Ventures Growth IV, which has raised $1bn to invest in later-stage, growth rounds, and Index Ventures IX, which recently closed at €650 million to put into earlier rounds for smaller start-up co...
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By Ogier on
12 July 2018
The Jersey Financial Services Commission (JFSC) has announced that, after 12 years in the role, John Harris is to retire as Director General due to personal health reasons and the risk of burnout.
Following two periods of medical absence this year to manage stress-related concerns, the Board of Com...
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By Jersey Financial Services Commission on
11 July 2018
Henry Wickham, a Senior Associate at Bedell Cristin, has been appointed Chair of the Jersey branch of STEP (Society of Trust & Estate Practitioners).
Taking up the position from his role as Vice Chair, Advocate Wickham brings a wealth of knowledge and experience from his work in the ...
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By STEP on
11 July 2018
Bedell Cristin has announced that it plans to merge with Cayman-based law firm, Solomon Harris. It is hoped that the deal will complete by the end of August and Solomon Harris will rebrand as Bedell Cristin at a later date.
Founded in 1998, Solomon Harris is a full-service law firm employing 28 peo...
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By Bedell Cristin on
10 July 2018
Technology solutions provider C5 Alliance has promoted Anna Milon from Senior Consultant to Head of Process and Platforms.
The new role involves understanding clients’ requirements in relation to the processes they need to manage teams and develop solutions.
Anna has over 10...
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By Orchard PR on
9 July 2018
The Guernsey Financial Services Commission has published the Guernsey Green Fund rules, following the closing of its consultation on 1 June.
The rationale for developing the rules was to develop a transparent product through which investments into green initiatives can be made, assuring inves...
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By Guernsey Financial Services Commission on
9 July 2018
The trust industry’s growing productivity is reflected in increasing demand for staff in the sector, particularly candidates with two to six years’ experience, according to Optimus Recruitment.
Statistics Jersey's recently published finance and legal sector GVA and productivit...
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By Direct Input on
9 July 2018
Chameleon Group, the publisher of Businesslife, has appointed Eila Madden (pictured) as the magazine’s new Editor-in-Chief. She replaces Nick Kirby, who is stepping down after 10 years in the role.
Eila has an exceptionally strong background in business and finance publishing, having been Sen...
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By BL Global on
9 July 2018
The Partners of LWR Law, Marian Whittaker and Angela Roscouet, have joined Voisin Law.
Both are experienced Advocates. Having qualified at Voisin, Marian rejoins the firm as a consultant. She was called to the Jersey Bar in 1977 and is widely known for her family law expertise, and as a privat...
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By Suzanne le Lay on
9 July 2018
Ogier has been named the top offshore European M&A firm by financial news service Mergermarket, after advising on a series of transactions worth $86bn in the first half of 2018.
Figures released by Mergermarket, reviewing merger and acquisition activity in the first six months of the year, put ...
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By Ogier on
9 July 2018
Offshore law firm Carey Olsen has made six senior promotions across Jersey and Guernsey.
In the Jersey office, Claire Le Quesne (pictured) becomes Counsel in the Corporate practice, while Nichola Aldridge of the Trusts and Private Wealth team and Tarina Le Boutillier of the Employment team mo...
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By Carey Olsen on
9 July 2018
Statistics Jersey has released the finance and legal sector GVA and productivity report for 2017. The survey covers banks, fund managers, investment trusts, accountancy and legal firms.
The latest report shows that in 2017:
Gross Value Added (GVA)
Jersey’s Finance sector, as measured by tot...
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By States of Jersey on
6 July 2018
Guernsey has agreed a new Double Taxation Agreement (DTA) with the United Kingdom, replacing one originally in force since 1951.
The new agreement is based, broadly, on the OECD Model Tax Convention, which Guernsey has generally followed in its negotiations with other jurisdictions in recent years....
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By States Of Guernsey on
6 July 2018
Offshore law firm, Mourant Ozannes, has advised Highland Europe on the establishment of Highland Europe Technology Growth III Limited Partnership as a Jersey expert fund.
Highland Europe is a growth stage technology investor in Europe, and Highland Europe Technology Growth III is the third fund the...
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By Mourant Ozannes on
6 July 2018
Jonathan Smith, Partner at Wyvern Partners, examines how market listings are providing a viable alternative to private equity investment in fiduciary firms
The £310 million flotation or initial public offering (IPO) of JTC Group that completed in March this year is, by any measure, a landmark...
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By Wyvern Partners on
6 July 2018
Sanne has appointed James Ireland as its new Chief Financial Officer.
Based in Sanne’s London office, James will take over the role from Spencer Daley who becomes Head of M&A and Strategy.
Taking up the role officially and joining the Sanne Group board later this month, James will be res...
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By Liquid on
5 July 2018
New legislation designed to strengthen Jersey’s capabilities to fight financial crime was introduced last week.
The amendments to the Proceeds of Crime (Jersey) Law, approved by Jersey’s government on 26 June, are designed to ensure Jersey complies with the recommendations highlighted i...
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By Crystal PR on
5 July 2018
Dickinson Gleeson has advised the Reuben Brothers on the Jersey aspects of their £300 million acquisition of the Burlington Arcade, in Mayfair.
Burlington Arcade was opened in 1819, making it one of London’s earliest arcades, and constitutes approximately 37,000 square feet of high-end ...
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By Dickinson Gleeson on
5 July 2018
Baker & Partners has announced that James Corbett QC will join the firm as Senior Counsel. He is one of the first English QCs to join a Jersey firm.
Joining Baker & Partners from the London office of international disputes and investigations law firm Kobre & Kim, James is an English bar...
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5 July 2018
Advocate Natalie Addis has been promoted to Senior Associate in Le Gallais & Luce’s litigation team.
In her new role, Natalie will deal with all litigation matters, while specialising in criminal law, civil disputes and family law.
She has also been appointed as Clerk to Commissioners of...
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By Freedom Media on
4 July 2018
A £3.5bn debt issuance from sports betting and gaming giant GVC Group has become the first listing on The International Stock Exchange (TISE) to be sponsored by one of its Isle of Man-based member firms.
GVC Holdings (UK) has issued a £3.5bn principal amount 4.9% per cent Fixed Rate Uns...
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By TISE on
3 July 2018
Estera, a global provider of fiduciary and administration services, has provided real estate corporate services support for the sale of 100 per cent of 5 Broadgate by British Land and GIC to a wholly-owned indirect subsidiary of CK Asset Holdings for £1bn.
5 Broadgate is one of London’s...
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By Estera on
3 July 2018
PwC has appointed a new Partner in Jersey, Lisa McClure.
Lisa will focus on shaping PwC’s strategic direction, particularly in relation to asset management and real estate services across the Channel Islands and beyond.
She has worked within the PwC network for 15 years, having jo...
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By Crystal PR on
3 July 2018
The Minister for External Relations, Senator Ian Gorst (pictured), has finalised a new double taxation agreement (DTA) with the UK government
The formal process, known as an exchange of letters, took place in London in a meeting with the Financial Secretary to HM Treasury.
The new DTA&n...
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By States of Jersey on
3 July 2018
Issue 57 of Businesslife is now available online.
Our cover feature poses the question: should your business dump social media? With pub chain Wetherspoons having got rid of all their social channels, should other firms follow suit? Or does social play a vital role for modern businesses, prov...
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By BL Global on
3 July 2018
Jersey trust company Whitmill has formed a joint venture with Cyprus-based Fidelius Management Services, adding a seventh jurisdiction to its portfolio.
As a member of the EU and with a wide network of international double tax treaties and low corporate tax rates, Whitmill says Cyprus of...
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By Suzanne le Lay on
3 July 2018
HSBC has appointed John Goddard to the role of Head of Retail Banking and Wealth Management.
Based in Jersey, John will take on responsibility for the bank’s retail banking and wealth management business, including its international HSBC expat business based on the island.
With o...
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By Crystal PR on
3 July 2018
Corporate services specialist Crestbridge has made several senior promotions within its Jersey office.
Stephanie Marriott has been promoted from Senior Manager to Director within the Corporate Services team. She has been with the firm since 2015, having previously worked for Deloitte UK.
Nic...
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By Crystal PR on
3 July 2018
Jersey-based finance sector specialist Optimus Recruitment has appointed Natalie McMullen as a Senior Consultant, responsible for searching out talent for local funds and accounting vacancies.
Natalie brings extensive international experience to the company, having worked in recruitment ...
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By Direct Input on
3 July 2018
Independent fund and corporate services provider Aztec Group has supported Nordic Capital on the final close of its Nordic Capital Fund IX, at just over €4.3bn.
Domiciled and administered in Jersey, the fund exceeded its target of €3.5bn in seven months. It will focus on European in...
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By Aztec on
2 July 2018
London-listed service provider JTC has promoted alternative fund specialist James Tracey to Managing Director of its Guernsey office.
In his new role, James will lead the firm’s Guernsey office as it continues to grow its institutional and private client service range from the jurisdict...
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By Crystal PR on
2 July 2018
Jersey-based Advocate Stephen Crane and his legal team have moved to BCR Law.
Advocate Crane's team includes Senior Conveyancer Trevor Rabet and English Solicitor Janina Porter. Support staff Diane Bougeard, Joelle Masterman, and Nicola Miskin are also joining BCR Law.
Stephen will conti...
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By BCR Law on
2 July 2018