Business News Archive

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July  2020  (77)

  • RBS International H1 Results 2020

    RBSI logoRBS International has today announced the interim results for the first half of 2020. Highlights include: • Income generation of £259m and an operating profit of £87m. • The balance sheet remains strong with a Capital ratio of 20.9% and a loan to deposit ratio of 43%. •...     [read more]

    By Crystal PR on  31 July 2020 
  • Ogier advises Clarivate on $6.8bn combination with CPA Global

    Richard Daggett OgierOgier has advised longstanding client Clarivate on its $6.8bn combination with CPA Global. CPA Global, which has its head office in Jersey, provides IP management and technology solutions to more than 12,000 law firm and corporate customers, providing IP professionals with the information, insights...     [read more]

    By Crystal PR on  31 July 2020 
  • JFSC committed to helping Industry with KYC Utility

    JFSC logo The Jersey Financial Services Commission (JFSC) has announced its commitment to supporting the financial services industry with the development of a shared ‘know your customer’ (KYC) utility. The purpose of a KYC utility would be to provide a shared tool for verifying customers’ i...     [read more]

    By Jersey Financial Services Commission on  31 July 2020 
  • Equiom acquires HF Fund Services

    Equiom logo 2019Equiom has announced the acquisition of HF Fund Services Ltd. Founded in 2007 by Sean Flynn and Patrick Harrigan, HF Fund Services provides non-executive independent directors to alternative investment funds and investment management companies. The business operates from the Cayman Islands and Irel...     [read more]

    By Equiom on  30 July 2020 
  • Hawksford webinar to focus on India

    Hawksford logoHawksford and London-based law firm Edwin Coe are to host a webinar next week looking at cross-border wealth structuring for global Indian families. Hawksford Director Michael Powell, who also leads the firm's India desk, will co-host the event on 5 August with Edwin Coe Tax Partner Hetal ...     [read more]

    By Liquid on  29 July 2020 
  • SMP appoints Head of Funds

    PaulMundy_SMP_jul20The SMP Group of Companies has appointed Paul Mundy as Global Head of Funds.  With 30 years of experience in the financial services sector, Paul most recently served as Managing Director for State Street’s alternative fund administration business in the Channel Islands. He has also work...     [read more]

    By SMP Group on  29 July 2020 
  • CISI Guernsey names new President

    ChristopherJehan_CISI_jul20The Chartered Institute for Securities & Investment (CISI) has appointed Christopher Jehan (pictured) as President of its Guernsey branch committee.  He takes over from Paul Garrard, who has been on the CISI Committee for 13 years and President for two.   Christopher joined ...     [read more]

    By CISI on  29 July 2020 
  • Ferbrache & Farrell appoints Counsel

    Anna Douglass_F&F_jul20Property lawyer Anna Douglass has joined Ferbrache & Farrell’s UK real estate team as Counsel. Anna moved to the firm from Collas Crill, where she has spent more than six years working as a Senior Associate with primary responsibility for UK residential property transactions. She de...     [read more]

    By Clicksmith on  28 July 2020 
  • Appleby promotes in Guernsey

    Nicole Sorbie_Appleby_jul20Appleby has announced the promotion of Nicole Sorbie to Senior Associate. Nicole is a member of the Corporate team, specialising in corporate and financing work within Appleby’s Banking and Finance practice. Her experience covers the full spectrum of banking and asset finance, including acqu...     [read more]

    By Appleby on  28 July 2020 
  • JT adds two to board

    MarkShuttleworth_JT_jul20JT has appointed Mark Shuttleworth (pictured right) and Martin Harriman as Non-Executive Directors.  Mark, a Chartered Accountant and INSEAD Director, chairs the Audit and Risk Committee of Countrywide and has held senior positions in the technology, media and telecom sector.  He wa...     [read more]

    By Direct Input on  27 July 2020 
  • Top Offshore Law Firms ranking revealed

    eprivateclientseprivateclient has published its 2020 Top Offshore Law Firms ranking, which this year recognises firms that operate across multiple jurisdictions and those that work from a single jurisdiction. Thirty firms feature, with 11 across two tiers within the multi-jurisdictional rankings and 19 acros...     [read more]

    By eprivateclient on  27 July 2020 
  • Altair Partners names new Client Director

    Mike Farley_Altair_jul20Jersey-based Altair Partners has appointed Mike Farley as its Client Director. Mike joins the firm from Zedra Fiduciary Investment Services, where he has served as Managing Director for the past four years, overseeing financial assets across Europe, Asia and the Caribbean. He started his career as...     [read more]

    By Altair on  27 July 2020 
  • Baker Tilly announces promotions

    HafeezAzeezBaker Tilly Channel Islands has promoted Hafeez Azeez and Sandy Cameron to Client Directors.   Both of them have a wealth of technical expertise covering assurance and advisory work, including valuations, having worked for accountancy firms across several jurisdictions.  Prior to joining...     [read more]

    By Neon Daisy on  24 July 2020 
  • Jersey publishes June Business Tendency Survey results

    Statistics Jersey logoStatistics Jersey has published the results of the latest Business Tendency Survey (BTS), the quarterly publication that provides timely, qualitative information about the island’s economy. Chief executives and managing directors are asked for their opinions on the current situation of their ...     [read more]

    By Government of Jersey on  23 July 2020 
  • Saffery Champness advises on green fund

    SafferyChampness logo_jul20Saffery Champness Fund Services has advised True North Real Estate Partners (TNREP) on the creation and launch of its first fund, focusing on positive environmental impact through reforestation.  Saffery Champness has also been appointed to provide administrative and accountancy services to th...     [read more]

    By Saffery Champness on  23 July 2020 
  • IQ-EQ launches wealth transfer report

    IQ-EQ logo_2019Investor services provider IQ-EQ, in collaboration with Barton Consulting and Wealth-X, has released its The Great Global Wealth Transfer report – an analysis of the world’s wealthiest to establish how and when this transfer will take place and the impact it will have on family offices. ...     [read more]

    By Aspectus Group on  23 July 2020 
  • Highvern announces senior promotions

    JulieGallon_HighvernJersey-based fiduciary and fund services provider Highvern has made two senior promotions within its Funds team – Julie Gallon (pictured) to Associate Director and Emma Syvret to Manager.  Julie joined Highvern in 2018 with 15 years’ experience in the sector. She previously he...     [read more]

    By Highvern on  23 July 2020 
  • Jersey credit rating remains stable

    JoeMoynihan_JerseyFinanceIn its latest report, Standard and Poor’s has decided to maintain Jersey’s sovereign credit rating of AA-/A-1+.  It stated: "Fiscal buffers remain very substantial. We are therefore affirming our AA-/A-1+ long- and short-term sovereign credit ratings on Jersey. The outlook rem...     [read more]

    By Jersey Finance on  23 July 2020 
  • Appleby acts in fashion brand administration

    Appleby thumbnail logoAppleby has acted in Jersey, Guernsey and the Isle of Man on behalf of FRP Trading, the joint administrator for UK fashion retailers Monsoon and Accessorize.   The Appleby insolvency and restructuring teams in Jersey and Guernsey have obtained orders of recognition for FRP’s appoint...     [read more]

    By Appleby on  23 July 2020 
  • Summer books and resources

    BL_Books thBOOKS No filter: the inside story of how Instagram transformed business, celebrity and our culture  by Sarah Frier (Cornerstone Digital, £20, hardback)  This is the story behind the meteoric rise of the social media photo app – including interviews with its founders – ch...     [read more]

    By Alexander Garrett on  22 July 2020 
  • HSBC Navigator highlights post-pandemic priorities

    WarwickLong_HSBC_2018Island businesses must draw on their digital and sustainability strengths if they are to thrive in a post-pandemic environment, according to HSBC Commercial Banking’s latest Navigator report, Building Back Better. The report, which draws on a survey of more than 2,600 companies in 14 countrie...     [read more]

    By Crystal PR on  21 July 2020 
  • Vaiie creates advisory panel

    Vaiie logo_Apr19Pan-island communication and regulatory technology business Vaiie has created a four-member advisory panel to provide strategic advice and input into the digital, financial and regulatory sectors. Launched in January 2020 following a rebrand from Jersey Post Digital, Vaiie helps organisations integ...     [read more]

    By Jersey Post on  21 July 2020 
  • Walkers hires in Jersey

    Julia Keppe_WalkersWalkers has made two recent appointments to its Jersey office. Julia Keppe (pictured right) has taken up the role of Senior Counsel in the Banking and Finance team. Julia joins from Ogier, having previously spent more than 10 years with Debevoise & Plimpton in London and New York, before moving...     [read more]

    By Walkers on  21 July 2020 
  • Guernsey welcomes S&P credit rating

    Lyndon TrottThe States of Guernsey has welcomed Standard & Poor's affirmation of Guernsey's credit rating as AA-/A-1+ with a stable outlook. Deputy Lyndon Trott (pictured), Vice-President of the Policy & Resources Committee, commented: "S&P has noted that, like virtually all jurisdicti...     [read more]

    By States Of Guernsey on  21 July 2020 
  • Deloitte releases Q2 CFO survey

    Deloitte Logo 2020Finance leaders expect a slow pick-up in activity, with no quick bounce-back anticipated, according to Deloitte’s latest CFO survey.  Almost half of CFOs surveyed (49%) do not expect demand for their own businesses to recover to pre-pandemic levels until after Q2 2021.   The Deloitt...     [read more]

    By Deloitte on  20 July 2020 
  • IoD Jersey reveals Director of the Year winners

    IoD LogoIoD Jersey has announced the winners of this year's Director of the Year Awards, which celebrate the achievements of individuals and recognise excellence in the business community. With significant changes made to the awards owing to the challenges of Covid-19, IoD Jersey has this year recognis...     [read more]

    By BWI on  20 July 2020 
  • Guernsey Chamber elects new President

    Elaine_Gray_COThe Guernsey Chamber of Commerce has elected Elaine Gray as President, the first woman to hold the post in the organisation’s 212-year history. She replaces Barrie Baxter, who had held the position since 2018. A Partner at Carey Olsen, Elaine leads the firm's Guernsey dispute resolution a...     [read more]

    By Guernsey Chamber of Commerce on  20 July 2020 
  • Jersey welcomes limited partnership change

    JerseyFinance logo_jul2019Jersey Finance has welcomed an amendment to Jersey’s legislation that will make it significantly easier for managers to migrate limited partnership fund structures to the jurisdiction. The changes to the Limited Partnership (Jersey) Law 1994, which were approved by Jersey’s government t...     [read more]

    By Crystal PR on  17 July 2020 
  • Saffery Champness launches Cayman Islands offering

    SafferyChampness logo_jul20Saffery Champness Registered Fiduciaries has announced the launch of a new offering in the Cayman Islands.           Saffery Trustee Company (Cayman) Limited (STCCL) will provide Cayman trust and corporate services as a registered controlled subsidiary of a licensed Cayman ...     [read more]

    By Infinite Global on  16 July 2020 
  • Guernsey consults on funds growth

    We Are Guernsey logoA consultation has been launched between Guernsey's funds sector and the regulator to consider widening formation options for the island's Private Investment Fund.   The Guernsey Financial Services Commission has issued a discussion paper with proposals aimed at ensuring the Guernsey fu...     [read more]

    By We Are Guernsey on  16 July 2020 
  • Brooks Macdonald International reports FUM increase

    Brooks Macdonald logoBrooks Macdonald Group has published an update on funds under management (FUM) for the fourth quarter of its financial year (ended 30 June 2020), together with a trading update for the period.  The update shows that Brooks Macdonald International, the Channel Islands subsidiary of Brooks Macdo...     [read more]

    By Crystal PR on  16 July 2020 
  • PwC releases digital skills training report

    PwC celebrates graduate centenary milestone in the Channel Islands and launches new internship programmeThousands of new jobs can be created in the Channel Islands in the next 15 years if governments, business and educators work together to champion digital technology, according to a new report from PwC in the Channel Islands. The report – New World. New Skills. Upskilling the Channel Islands&r...     [read more]

    By Crystal PR on  16 July 2020 
  • Top tech: video conferencing

    TopTech illoZoom has shot to fame during the pandemic, but there are alternatives out there – so what are the options if you want to talk to your team while sitting in front of your laptop in your pyjama bottoms? FaceTime Apple’s offering in the video talk market was acquired in 2011 and is pre-ins...     [read more]

    By Alexander Garrett on  16 July 2020 
  • Crestbridge makes Jersey promotions

    Nina Gomes_Crestbridge_jul20Crestbridge has announced a range of senior promotions in its Jersey office. Nina Gomes (pictured) moves up from Senior Manager to Head of Learning and Development. She has been with Crestbridge since January 2018, having previously served as Tutor and Head of Fiduciary at Jersey professional devel...     [read more]

    By Crystal PR on  16 July 2020 
  • Santander International announces Chief Risk Officer appointment

    Richard Settle_SantanderInt_jul20Santander International has appointed Richard Settle as its new Chief Risk Officer. Richard, who joins Santander International from Euroclear UK and Ireland, will have responsibility for operational and credit risk, compliance and financial crime compliance for the Jersey and Isle of Man branches. ...     [read more]

    By leadership writing on  15 July 2020 
  • Babbé names corporate leader

    Tristan Ozanne_Babbé_jul20Guernsey law firm Babbé has appointed Tristan Ozanne to the role of Counsel, responsible for leading the corporate team. Tristan joins the firm with more than 16 years’ offshore experience in corporate, commercial and financial law. He has served as a Senior Associate at Collas Crill f...     [read more]

    By Orchard PR on  15 July 2020 
  • Bedell Cristin advises Munich Re

    BedellCristin logo 2019Bedell Cristin has advised Munich Re on a £1bn longevity swap arrangement with the Willis Pension Scheme, in a longevity hedging deal that covers some 3,500 pension scheme members. The transaction was undertaken using the Longevity Direct solution offered by Willis Towers Watson, which enable...     [read more]

    By Orchard PR on  14 July 2020 
  • Aztec Group to administer Jersey fund

    AztecGroup logo 2018Fund and corporate services provider the Aztec Group has been selected to administer Stirling Square Capital Partners’ Fourth Fund.  With €950m in total commitments, the fund – Stirling Square’s largest to date – will focus on the European mid-market. The London-ba...     [read more]

    By Aztec Group on  14 July 2020 
  • Comment: Innovation in institutional banking

    BL68_Tom Colclough RBSITom Colclough, Head of Customer Journeys, Institutional Banking at RBS International looks into the disruptive forces in the institutional banking sector, and how incumbents might respond Even before coronavirus, banking faced unprecedented disruption. Be it challenger banks leveraging technology t...     [read more]

    By RBS International on  14 July 2020 
  • Oi announces senior appointments

    NickStewart_OiChannel Islands marketing agency Oi has appointed two new members to its leadership team – Nick Stewart as Head of Strategy and Victoria Falla as Head of Planning and Clients (both pictured right). Nick, a former Head of Digital at Bacardi Global, has been working with Oi for the past six mon...     [read more]

    By Oi on  14 July 2020 
  • Jersey Competition Regulatory Authority names new Chair

    Stephanie Liston_JCRA_jul20The Jersey Competition Regulatory Authority (JCRA) has appointed Stephanie Liston as its Chair.  Stephanie specialises in a wide range of technologies and has worked in the US, UK and British Virgin Islands. She provides international strategic, legal and regulatory advice in relation to a var...     [read more]

    By ORCHID on  13 July 2020 
  • Mourant re-elects Global Managing Partner

    Jonathan Rigby_Mourant_jul20Jonathan Rigby has been re-elected as Global Managing Partner of Mourant for another four years.   Jonathan has been Managing Partner of the offshore legal and governance services provider since 2008. His fourth term will take effect from January next year.        Having jo...     [read more]

    By Mourant on  13 July 2020 
  • Chambers issues High Net Worth rankings

    Chambers logo 2019Chambers' High Net Worth 2020 rankings have been released, rating the top lawyers and law firms for international private wealth. The guide also recommends accountancy firms, private banks, wealth managers, trust companies and other professional advisers to HNW and UHNW clients around the world....     [read more]

    By BL Global on  13 July 2020 
  • GFSC releases Q1 investment statistics

    GFSC logoThe Guernsey Financial Services Commission has released its investment statistics for the first quarter of 2020. • Guernsey funds – The total net asset value of Guernsey funds has increased in sterling terms during the last quarter by £5.5bn (2.4%) to £233.2bn. Over the past ...     [read more]

    By Guernsey Financial Services Commission on  10 July 2020 
  • TISE reports record-breaking H1 despite Covid-19

    TISE logoTISE has reported that there were more new listings on The International Stock Exchange (TISE) during the first six months of 2020 than in the same period of any year since the business was established in 1998.   A total of 390 securities were admitted to the Official List of TISE during the fi...     [read more]

    By TISE on  10 July 2020 
  • Appleby announces CI promotions

    AndrewWeaver_Appleby_jul20Appleby has announced six appointments across its Jersey and Guernsey offices. In Jersey, James Gaudin has been appointed to the position of Office Managing Partner. He has been with the firm since 2010, having previously served at Walkers. Andrew Weaver (pictured) has been named Corporate Practic...     [read more]

    By Appleby on  10 July 2020 
  • Collas Crill advises on Blue Islands loan

    CollasCrill LOGO2019Collas Crill has acted for Blue Islands on its £10m loan facility with the States of Jersey, which aims to safeguard essential travel connections for the Channel Islands. The loan secures the Channel Islands' air connectivity with the UK, enabling Blue Islands to consolidate its current l...     [read more]

    By Collas Crill on  10 July 2020 
  • BDO promotes four in Guernsey

    BDO_Zac DamarellAccountancy and advisory firm BDO has promoted four employees across its specialist industry sector teams in Guernsey.   Shelley Tostevin, who joined BDO in 2014, and Tinotenda Munengwa, who worked in South Africa before moving to BDO in Guernsey in 2017, have both been promoted to Assistant Ma...     [read more]

    By Orchard PR on  10 July 2020 
  • PAM Awards winners announced

    PAM AwardsPublishing group PAM Insight has announced the winners of this year's PAM Awards, presented last night at a virtual event attended by more than 300 guests. The awards, now in their 22nd year, set out to recognise the top investment professionals, wealth advisers, legal firms, consultants and ot...     [read more]

    By PAM Insight on  10 July 2020 
  • Aztec Group announces Jersey appointments

    Paul Watson_AztecFund and corporate services provider the Aztec Group has made two senior appointments to its private equity team – Paul Watson as Director and Alexandra Prince as Associate Director. With 20 years’ experience in international finance, Paul was previously a Principal Consultant with Chan...     [read more]

    By Aztec Group on  9 July 2020 
  • How to... manage a crisis

    BL60_How toSo Covid-19 came from nowhere – or did it? One thing the pandemic has shown is that every business needs to have a plan for the unexpected, and most of all for the situations that could put your very existence into question. Be prepared  The first step in any crisis management plan is ri...     [read more]

    By Alexander Garrett on  9 July 2020 
  • GFSC consults on funds' future

    WilliamMason_GFSCThe Guernsey Financial Services Commission has issued a discussion paper that includes proposals to ensure Guernsey's funds framework remains fit for purpose while helping to create opportunities for growth.  Among other proposals to increase efficiency and clarity, the discussion paper pr...     [read more]

    By Guernsey Financial Services Commission on  8 July 2020 
  • IQ-EQ names new Client Services Director

    Paul Rogers _IQ-EQ_jul20IQ-EQ has added to its Private Wealth team in Guernsey with the appointment of Paul Rogers, who joins the business as a Client Services Director.  Paul will manage a mixed portfolio of international high- and ultra-high-net-worth clients while driving forward the group’s business develop...     [read more]

    By IQ-EQ on  7 July 2020 
  • Intertrust surveys PE managers

    Intertrust logoNearly four fifths (79%) of private equity fund managers expect investors to demand more transparency in reporting on portfolio company performance over the next 12 months, according to a report from Intertrust, reflecting growing concerns over the impact of the Covid-19 pandemic.     For ...     [read more]

    By Orchard PR on  7 July 2020 
  • Butterfield appoints client lead

    Mark Forster_Butterfield_jul20Butterfield has confirmed the appointment of Mark Forster as Client Lead — Financial Intermediaries in Jersey.  Having spent more than 30 years within the finance sector on the island, Mark joins Butterfield with extensive experience of banking, foreign exchange and alternative investmen...     [read more]

    By Orchard PR on  7 July 2020 
  • Jersey announces financial support for Blue Islands

    Blue IslandsThe Government of Jersey is to provide a loan of up to £10m to Blue Islands, which will be repaid over six years.  The Minister for Treasury and Resources, Deputy Susie Pinel, has signed an agreement to invest in the airline to maintain key links with regional UK airports and a number of...     [read more]

    By Government of Jersey on  6 July 2020 
  • Jersey reports on finance sector resilience in first quarter

    JerseyFinance logo_jul2019Jersey’s financial services industry showed resilience in the first quarter of 2020 against emerging global market challenges, with the values of fund assets being serviced in the jurisdiction and the value of bank deposits increasing. Figures for the quarter ending 31 March, collated by the ...     [read more]

    By Crystal PR on  6 July 2020 
  • Dickinson Gleeson makes Partner promotion

    Guillaume-Staal_DickinsonGleeson_jul20Jersey law firm Dickinson Gleeson has appointed Advocate Guillaume Staal as a Partner. Previously a Senior Associate within the firm’s litigation department, Advocate Staal has been promoted to the partnership eight years after joining Dickinson Gleeson. His principal areas of expertise are ...     [read more]

    By Dickinson Gleeson on  6 July 2020 
  • Equiom announces Netherlands acquisition

    Equiom logo 2019Equiom has acquired Borean Corporate & Financial Services, a trust and corporate services provider based in the Netherlands, as part of its strategy to increase the provision of services for asset managers in tier 1 jurisdictions.  Borean works with private equity firms to provide dir...     [read more]

    By Equiom on  6 July 2020 
  • Santander International announces senior hire

    Wayne Stanley_Santander_jul20Santander International has appointed Wayne Stanley to the role of Head of Private and Retail Banking, based in Jersey.  Wayne replaces James Geldart, who has been promoted to Managing Director for Santander International’s Isle of Man branch. With nearly 25 years’ experience in f...     [read more]

    By leadership writing on  6 July 2020 
  • Rawlinson & Hunter makes executive appointment

    Ciaran O’Neill_R&H_jul20Accountancy firm Rawlinson & Hunter in Guernsey has appointed Ciaran O’Neill as an Executive Director. Ciaran has joined the firm after almost 13 years at Credit Suisse, where he most recently served as Global Head of Trust Management.  Prior to that, he worked at Credit Suisse Trus...     [read more]

    By Rawlinson & Hunter on  6 July 2020 
  • Blacktower and Nova Wealth form funds venture

    NPML logo_jul20Global wealth management group Blacktower and Guernsey-based investment management firm Nova Wealth have launched a joint venture discretionary fund management service.   The new business – Nexus Portfolio Management Limited (NPML) – is a boutique offshore investment manager that w...     [read more]

    By Connective3 on  3 July 2020 
  • RBS International supports ESG-linked credit facility

    RBSI logoRBS International is to support private equity group EQT by participating in its latest flagship buyout fund’s subscription credit facility.  According to RBSI, this represents the first environmental, social and governance (ESG)-linked fund-level facility of this size in the global fund...     [read more]

    By Crystal PR on  3 July 2020 
  • TISE announces top-level board change

    Charlie Geffen_TISE_jul20The International Stock Exchange (TISE) has announced that Jon Moulton will be retiring as parent company Chairman and stepping down as a Director at the end of the year. He will be succeeded as Chairman of The International Stock Exchange Group (TISEG) by Charlie Geffen (pictured), who currently c...     [read more]

    By TISE on  3 July 2020 
  • Brooks Macdonald launches webinar series

    Brooks Macdonald logoBrooks Macdonald has launched an online Adviser Academy series, CONNECTED, in response to the changing landscape of the Covid-19 pandemic.  Each webinar in the series, which is free to attend, features a Brooks Macdonald specialist alongside industry speakers for a live presentation and Q&...     [read more]

    By Crystal PR on  3 July 2020 
  • Talking points: AI, dogs and more

    BL_Talking PointsAI ‘must be fair’ More than two thirds of consumers are worried about artificial intelligence (AI) discriminating against them, and more than three quarters say that companies must take action to avoid bias, according to a study by digital transformation firm Genpact. The study – ...     [read more]

    By Alexander Garrett on  3 July 2020 
  • GAT elects new Chair

    Rhona Humphreys_GAT_jul20Rhona Humphreys has been elected as the new Chair of the Guernsey Association of Trustees (GAT). GAT is the industry representative body for fiduciary licence holders in the bailiwick of Guernsey and represents more than 100 corporate and individual members. Membership predominantly consists of tr...     [read more]

    By Guernsey Association of Trustees on  3 July 2020 
  • Deloitte appoints Jersey Director

    Manisha Mukhi_Deloitte_jul20Deloitte in Jersey has promoted Manisha Mukhi from Senior Manager to Director.    Manisha joined Deloitte as a graduate trainee and has more than 15 years of experience working with clients in the financial services and commercial sectors, primarily within asset servicing.   For sever...     [read more]

    By Black Vanilla on  3 July 2020 
  • PwC announces Guernsey leadership change

    Evelyn Brady_PwCEvelyn Brady has taken over the role of Managing Partner of PwC’s Guernsey office from John Roche, who has held the position for the past six years. Evelyn will continue to help lead and shape PwC’s strategic direction, as she has since her admission to the partnership in 2009. She star...     [read more]

    By Crystal PR on  2 July 2020 
  • JTC wins Brooks Macdonald contract

    Jonathan Jennings_JTCJTC is to provide fund administration and registrar services to Brooks Macdonald International, following the latter’s recent announcement that it is to acquire the Channel Islands funds and wealth management business of Lloyds Bank International. JTC will provide services to Brooks Macdonald...     [read more]

    By Crystal PR on  2 July 2020 
  • IoD to hold debate on Guernsey's future

    IoD LogoThe IoD has released details of its July breakfast event to be held next week, which will be a panel debate on Guernsey’s economic future post-Covid-19. Attendees will hear from Deputy Lyndon Trott, Vice-President of Policy and Resources, and Deputy Charles Parkinson, President of Economic De...     [read more]

    By Black Vanilla on  2 July 2020 
  • Highvern names new Head of Finance and Technology

    Joseph de la Haye_Highvern_jul20Jersey-based private wealth and fund administration services firm Highvern has appointed Joseph de la Haye to the newly created role of Group Head of Finance and Technology.   Joseph brings to the firm experience in M&A, corporate development and technology implementation, gained across mu...     [read more]

    By Highvern on  2 July 2020 
  • Ogier announces Guernsey Partner promotions

    bryan-verneuil-smith_ogier_jul20Ogier has announced the promotion of two of its senior lawyers – Bryan de Verneuil-Smith and Paul Chanter (pictured far right) – who have become Partners within its Guernsey team.   Bryan is now the third Partner in the Guernsey Dispute Resolution team. He joined the firm ...     [read more]

    By Crystal PR on  2 July 2020 
  • JTC finalises Sanne private client acquisition

    JTC Logo 2018JTC has completed the acquisition of Sanne’s private client business, which was announced in March. The acquisition expands JTC’s presence in Jersey, with Sanne’s clients and staff from the private client services business transferring to JTC as part of the transaction. The deal ...     [read more]

    By Crystal PR on  1 July 2020 
  • PraxisIFM Hong Kong MD moves back to Guernsey

    Melanie Ison_jun20Thirteen years after leaving Guernsey to live in Hong Kong, Melanie Ison, Managing Director of PraxisIFM Nerine (Hong Kong), is returning to Guernsey to take up the position of Director at PraxisIFM Trust.  Melanie joined Nerine in March 2009 as a Director in its Hong Kong office and was promo...     [read more]

    By Orchard PR on  1 July 2020 
  • Zedra completes acquisition of BNP Paribas Singapore Trust Corporation

    Zedra logoFollowing receipt of regulatory approval from the Monetary Authority of Singapore, Zedra has completed its acquisition of BNP Paribas Singapore Trust Corporation, announced in January. BNP Paribas Singapore Trust Corporation, which will be renamed Zedra Trustees (Singapore), serves the growing Asia...     [read more]

    By Nacelle on  1 July 2020 
  • JFSC increases fund fees

    JFSC logo Following a consultation in May on proposed fee rates for the funds sector, the Jersey Financial Services Commission has announced the following increases from 1 July: • 12.5% increase to fee rates for Fund Services Businesses (FSB), Alternative Investment Funds (AIF), Collective Investment Fu...     [read more]

    By Jersey Financial Services Commission on  1 July 2020 

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