Advocate Caroline Dutot, a founder member of Jersey-based Ardent Chambers, has been named as a winner in Finance Monthly’s CEO Awards for 2017.
Caroline is one of only two female CEO’s in the UK to be showcased in the awards this year.
She won the award as a result of her r...
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By Edge Media on
30 June 2017
Carey Olsen has been named Offshore Law Firm of the Year at the Lawyer Awards 2017 presentation night held in London this week.
The annual event brings together more than 1,300 private practice lawyers and senior corporate counsel to celebrate best practice in the legal industry.
Carey ...
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By Orchard PR on
30 June 2017
RBS International has appointed Philip Brewster as its new Chairman.
Philip has extensive banking experience, having worked with Royal Bank of Canada (RBC) for 22 years, most recently as Senior Vice President and Regional Head. In this role, he had responsibility across a number of offshore f...
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By Crystal PR on
29 June 2017
Mourant Ozannes has advised long-standing AIM and TSXV listed client Mariana Resources on its takeover by Sandstorm Gold via a Guernsey scheme of arrangement.
Mariana is an exploration and development company with a portfolio of gold, silver and copper projects in Turkey, South America and C&...
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By Mourant Ozannes on
29 June 2017
Collas Crill assisted Ferro Alloy Resources in the preparation of its constitutional documents for listing on KASE, the Kazakhstan Stock Exchange, following its migration from the British Virgin Islands to Guernsey.
The shares of Ferro Alloy were formally admitted to trading on KASE on 26 June.&nbs...
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By Collas Crill on
29 June 2017
Jersey’s Statistics Unit has released the 2016 Survey of Financial Institutions Survey report, which covers banks, fund managers, investment trusts, accountancy and legal firms.
Some of the findings include the following:
Gross value added (GVA)
• Jersey’s finance sector, as ...
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By States of Jersey on
29 June 2017
Carey Olsen’s Guernsey funds team has advised ADM Capital Europe, a London-private equity and investment advisory firm, on the launch of its global agribusiness investment fund, the Cibus fund.
The Cibus fund held its first close of $100 million on 2 May and is targeting a $500 million ...
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By Orchard PR on
28 June 2017
Delegates at this year’s Guernsey Insurance Forum in London will hear insights into cyber-risk from the former head of the FBI’s Cyber Division James Trainor (pictured), the event’s keynote speaker.
Now serving as Senior Vice President within insurance broker Aon’s Cyber Sol...
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By Orchard PR on
28 June 2017
There is only one more day 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 – ‘A Sharper Focus’ – is produced in p...
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By BL Global on
27 June 2017
Guernsey-based West Sealand Digital, part of specialist security company West Sealand International, has appointed David Crook as a Director. He will be based in the island but will work on the company’s projects across the world.
David brings 30 years’ experience in the IT and finance ...
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By Liquid on
27 June 2017
Capita has announced the sale of the Capita Asset Services businesses (CAS) to Australian IT services management company Link Administration Holdings for a cash-free, debt-free consideration of £888 million.
The transaction is subject to regulatory and other approvals and is expected to...
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By Capita on
26 June 2017
The Guernsey funds sector enjoyed its biggest growth in four years during the first quarter of 2017.
The latest figures from the Guernsey Financial Services Commission show that the net asset value of funds under management and administration in the island grew by £10.6bn (4.1 per cent)...
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By Orchard PR on
26 June 2017
The latest issue of BL magazine is now available online, and leads with the result of the general election in the UK, what it might mean for Brexit negotiations, and its possible impact on the Channel Islands.
Nick Kirby, Editor-in-Chief of BL magazine, says: “When the last issue of the...
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By BL Global on
26 June 2017
Lawyers from Carey Olsen’s Guernsey corporate team have advised boutique asset manager Pearl Diver Capital on the establishment of three registered closed-ended funds.
Collectively known as PDC Opportunities Fund VII, the funds are targeting commitments of US$500 million to invest in a ...
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By Orchard PR on
26 June 2017
The Department for Community and Constitutional Affairs has initiated a public consultation on strengthening judicial independence and establishing a Judicial and Legal Services Commission.
The consultation, which will remain open until 4 August 2017, can be accessed by clicking here
It sets...
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By States of Jersey on
26 June 2017
Sanne has named Sean Murray as its new Head Of Fund Services for the EMEA region.
Based in the firm’s Luxembourg office, Sean will take responsibility for the development of the company’s fund services offering, working with the alternative asset product areas in which Sanne speci...
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By Liquid on
23 June 2017
EY has launched a survey to gauge the attitudes of Channel Islands businesses towards fintech and related technology solutions, and how the financial services sector is responding to the disruptors.
According to the EY FinTech Adoption Index, 15.5 per cent of digitally active consumers have u...
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By EY on
22 June 2017
The Assistant Chief Minister, Senator Paul Routier, has named John Mills (pictured) as Jerseys’ first Charity Commissioner.
John has had a lengthy public service career in the UK, Hong Kong and Jersey, holding a range of senior positions including as a member of the Prime Minister’...
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By States of Jersey on
22 June 2017
Multi-jurisdictional trust and family office business Accuro has appointed Steve Gully as a Client Services Director in its Jersey business.
Steve brings to the firm 22 years of specialist experience working in the private client teams of international trust companies in Jersey.
These have include...
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By Accuro on
22 June 2017
The Guernsey Chamber of Commerce, the Guernsey International Business Association, the Confederation of Guernsey Industry and the Guernsey Institute of Directors – known collectively as the G4 – have issued a statement on the forthcoming Policy and Resources Medium Term Plan:
“The...
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By Guernsey Chamber of Commerce on
22 June 2017
The Citywealth Future Leaders list for 2017 has been announced, highlighting a range of Channel Islands rising stars.
Lawyers
• Josephine Howe, Managing Associate, Ogier
• Sevyn Kalsi, Senior Associate, Ogier
• Carol-Ann Le Boutillier, General Counsel, WFO Jersey (private...
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By Citywealth on
22 June 2017
Collas Crill Associate Hana Plsek has been voted Vice President of the Chamber of Commerce in Guernsey following its annual general meeting.
Hana, who has day-to-day responsibility for the firm's employment and housing practice, represents the Chamber of Commerce on the Disability Discriminatio...
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By Collas Crill on
22 June 2017
Jersey-based Sanne has made a senior appointment in its New York office.
Fred Steinberg joins as Managing Director – New York, taking responsibility for the day-to-day operations of Sanne’s New York and Belgrade offices.
He joins from Morgan Stanley in New York, where he was...
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By Liquid on
22 June 2017
New research published by Jersey Finance has identified key challenges facing wealth management practitioners supporting wealthy investors and families in China with their succession planning needs.
The thought leadership research, entitled How to service Chinese wealth as it goes global and c...
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By Crystal PR on
21 June 2017
Zedra has hired a new Head of Funds for Jersey – Robert Lucas.
Robert comes to Zedra with more than 16 years’ experience in trust, fund administrators, corporate funds and private equity firms.
He previously spent six years at Northern Trust, serving as a Director and leading the real ...
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By Nacelle on
21 June 2017
Jersey-based financial services firm Whitmill Trust Company has concluded a formal cooperation agreement with DMS (Netherlands), a management services company based in Amsterdam.
The mutual cooperation agreement means Whitmill will be able to offer its clients and professional advisers access to th...
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By Suzanne le Lay on
21 June 2017
As a result of ringfencing legislation in the UK, RBS International has changed its trading name from NatWest to NatWest International across the Channel Islands, Isle of Man and Gibraltar.
There’s no change to its banking services or how its customers do business with the bank, and tea...
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By Crystal PR on
20 June 2017
Collas Crill has advised Harborne Holdings on the purchase of an arts complex development within a new cultural quarter in Southampton.
The complex comprises 38 homes, seven retail units with cafes and restaurants totalling 20,000 sq ft, as well as a 63,000 sq ft arts centre forming the centrepiece...
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By Collas Crill on
20 June 2017
The Chief Minister, Senator Ian Gorst, has decided that Senator Philip Ozouf should not continue to hold the position of Assistant Chief Minister.
Senator Gorst said: “It is disappointing that Senator Ozouf’s reappointment has become an unfortunate cause of diversion from the tas...
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By States of Jersey on
20 June 2017
Jersey law firm Benest Corbett Renouf has taken on two new lawyers.
Joanna Gardiner (pictured top) has joined the litigation department from Ogier, where she has worked as a Senior Associate focusing on private client litigation in the areas of crime, family, personal injury and clinical negligence...
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By Benest Corbett Renouf on
20 June 2017
Alternative finance provider the Sancus BMS Group has announced that Matt Watson will become its Managing Director on 1 July.
Matt is replacing Simon Brown in overseeing the firm's operations in Guernsey, following Simon’s decision to take a career break.
Matt will perform a dual r...
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By Sancus on
20 June 2017
Simon Phillips has been appointed Guernsey Country Manager for Barclays. He will take up the post this month, as Ken Bradley leaves, having held the role for the past eight years.
Simon currently manages the captive insurance and family office propositions for Barclays in the Channel Islands....
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By Orchard PR on
19 June 2017
Digital Jersey has announced that Frank Walker, Jersey’s former Chief Minister, will take over as Chair at the end of this month, when current Chair Paul Masterton steps down.
Frank was previously Managing Director of the Guiton Group, a newspaper company that diversified into oth...
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By Marcom Collective on
19 June 2017
A number of Channel Islands firms have been honoured at the recent Citywealth Brand Management & Reputation Awards in London.
Now in their second year, the awards highlight the best brands emerging in a consolidating financial industry. They also recognise the business services function w...
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By Citywealth on
19 June 2017
BWCI Group has named Diana Simon as as its new Managing Partner, following the business’s decision to divide the Senior Partner and Managing Partner roles.
Stephen Ainsworth, who has performed both roles until now, will continue as Senior Partner.
Diana has been a Partner of the firm s...
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By BWCI on
19 June 2017
First Names Group has appointed a new team in the Isle of Man, which is dedicated to yachting and aviation services.
The team of four is led by Associate Director Grant Atchison and specialises in superyacht and aircraft asset ownership, operational administration and management.
...
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By First Names Group on
15 June 2017
London-based Lloyd’s Market insurer Neon has reached an agreement to acquire Guernsey-based Sapphire Underwriters from Heritage Group.
Sapphire, a Lloyd’s underwriting practice, provides directors & officers, professional indemnity and cyber coverage to UK and local offshore brokers...
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By ILM Marketing on
14 June 2017
Offshore law firm Collas Crill has appointed Mike Williams and Ian Montgomery as Partners in its corporate and commercial team in Jersey.
Both join from Mourant Ozannes, where Mike had worked for more than 14 years and Ian for the past year.
Mike is an experienced corporate and banking lawyer. His...
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By Collas Crill on
14 June 2017
The Government of Jersey is inviting businesses on the island to complete an online survey giving their views on Brexit and the potential impact it might have on their sector.
As part of the ongoing Let’s Talk Brexit public engagement campaign, the survey, which will be available until ...
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By States of Jersey on
14 June 2017
Offshore law firm Mourant Ozannes has promoted 12 lawyers to the role of Counsel across its global network of offices, bringing the total number of Counsel to 31.
Six have been promoted in the firm's Guernsey office, four in Jersey, one in the Cayman Islands and one in Hong Kong. Seven of...
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By Mourant Ozannes on
14 June 2017
The Who's Who Legal Awards 2017, announced in London recently, honoured several law firms with operations in the Channel Islands.
Among the Country and State Awards, Carey Olsen took the top award in the Offshore section for Guernsey, while Mourant Ozannes was the winner for Jersey.
In ad...
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By BL Global on
14 June 2017
Caron Wallace, a senior audit manager with almost 30 years’ industry experience in financial services, has been promoted to Associate Director at PraxisIFM, based in Jersey.
Caron joined the firm in 2012 and will focus her attention on risk and regulatory changes.
She will oversee the intern...
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By Liquid on
13 June 2017
Intertrust has announced the appointment of Ian Rumens as Global Head of Private Wealth Services, based in the Jersey office.
Ian has been part of Intertrust's private wealth team, serving as Director, since the acquisition of Elian in 2016.
He joined Elian in 2009 from Ogier, prior to w...
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By Orchard PR on
13 June 2017
Salamanca Trust & Fiduciary has launched a new brand and identity as Accuro, following the completion of its management buyout announced in March.
The business will continue to be led by Xavier Isaac, Chief Executive Officer (pictured), and the existing management team.
Accuro – whi...
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By Accuro on
13 June 2017
Jersey-based communications agency Marcom has established a new branch in London.
As the creative arm of the firm, based in the City, Marcom London will provide a range of design services.
Led by Managing Director and Creative Strategist Tharindu Elkin (pictured), and supported by in-house D...
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12 June 2017
The Jersey Financial Services Commission (JFSC) is offering extra assistance to Jersey-registered companies to ensure they fulfil their requirements for submitting Beneficial Ownership and Control information to meet the UK government’s deadline.
Jersey-registered companies have until 30 June...
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By Jersey Financial Services Commission on
12 June 2017
The names of finance firms involved in complaints settled by the Channel Islands Financial Ombudsman will be made public from the beginning of next year, according to a report in Business Brief.
The ombudsman’s annual report states that during 2016, the first full year of operation, the ombud...
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By Business Brief on
12 June 2017
Appleby has named Alison MacKrill as a new Partner in the law firm’s Guernsey-based private clients and trusts team.
Alison has extensive experience advising clients in offshore jurisdictions. She joins Appleby after working in Guernsey for the past 14 years, most recently as Senior Asso...
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By BL Global on
12 June 2017
Channel Islands government and businesses have issued their responses to yesterday’s general election in the UK, which has resulted in a hung Parliament.
Jersey Chamber of Commerce
During this period of uncertainty that a hung parliament produces, the Jersey Chamber of Commerce would call up...
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By BL Global on
9 June 2017
The Guernsey Financial Services Commission has published its 2016 annual report and financial statements.
The report highlights the GFSC’s policy work in 2016, including the launch of the Manager Led Product and the Private Investment Fund regimes.
The Commission was also asked by the States...
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By Guernsey Financial Services Commission on
9 June 2017
Private Banker International (PBI) has revealed the winners for the fourth annual Private Banker International Awards.
The awards, presented in London on Thursday evening, celebrate the best among the private banks serving wealthy clients across the UK and Europe.
Among the winners bas...
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By BL Global on
9 June 2017
Martin Rowley has joined Deloitte’s Channel Islands practice as the leader of the Jersey tax team.
With 25 years of international tax experience – 20 of them in legal practice – Martin joined Deloitte in 2012. He is currently a Tax Partner in its US Business Tax Group in London, a...
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By Black Vanilla on
8 June 2017
The Chief Minister of Jersey, Senator Ian Gorst, has joined representatives of more than 60 jurisdictions at the OECD headquarters in Paris for the signing of a multilateral convention to implement tax treaty-related measures to prevent base erosion and profit shifting (BEPS).
The multilateral inst...
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By States of Jersey on
8 June 2017
The Jersey Financial Services Commission (JFSC) has published its Annual Report and financial statements for 2016.
The report documents the JFSC’s performance against its strategic objectives, which in 2016 focused on facilitating access to international financial markets for Jersey, matching...
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By Crystal PR on
8 June 2017
Skipton International won the Best Offshore Account provider category at the 2017 Moneyfacts Awards, which was held on Tuesday in London.
This is the second year running that Skipton has won this category at the Moneyfacts Awards, which are decided following an assessment of personal finance ...
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By Direct Input on
8 June 2017
Isle of Man-based IQE Securities Sponsor Services has been approved as a listing member of The International Stock Exchange (TISE).
IQE Securities Sponsor Services, a wholly owned subsidiary of international fiduciary services provider IQE, is the first Isle of Man company to become a member ...
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By TISE on
7 June 2017
Deutsche Bank has appointed Simon Stormer as Channel Islands Chief Operating Officer (COO) and Jackie Foot as COO for Wealth Management.
The appointments follow the bank’s decision earlier this year to split its regional COO responsibilities to align with its group management model. As a resu...
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By Crystal PR on
7 June 2017
Ashburton Investments, the investment management arm of the FirstRand Group, has appointed Robert Lea (pictured) as Head of Global Equity Research, leading the firm’s newly created global equity research team in Jersey.
Jonathan Aldrich-Blake is moving to the join him from his current role as...
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By Crystal PR on
7 June 2017
JTC Fund Services has established a Guernsey-licensed management company (ManCo) to support fund managers with a range of services, including portfolio management, risk management, compliance and regulatory reporting.
The move means JTC is now able to offer Alternative Investment Fund Managers Dire...
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By Crystal PR on
7 June 2017
JT Group has published its Annual Review for 2016, showing a 14 per cent increase in operating profit on the previous year.
Gross profit rose by one per cent to £90.7 million, which JT attributes mainly to its international machine-to-machine business that enables communication between ...
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By Direct Input on
6 June 2017
Global fiduciary and administration provider, Estera, has acquired the Heritage Financial Services Group (HFSG), an independent business providing third-party fund administration, depositary, trust and corporate services in Guernsey, the UK and Malta.
The transaction was finalised on Monday 5 June ...
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By Liquid on
6 June 2017
HSBC in the Channel Islands and Isle of Man has created a new role within its compliance function, naming Bradley Bismark as its Head of Financial Crime Compliance (FCC).
In this Jersey-based role, Bradley has taken on responsibility for the financial crime risk function, helping the bank detect an...
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By Crystal PR on
6 June 2017
The Chair of the Jersey branch of the Institute of Directors (IoD) has called on Jersey’s government to focus on delivering stable and consistent policy against a backdrop of significant external and internal risks, and in the run-up to the island’s general election next year.
Speaking ...
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By Crystal PR on
5 June 2017
Mourant Ozannes, working alongside lead Counsel Simpson Thacher & Bartlett, has advised private equity and investment advisory firm CVC Capital Partners on the launch of its seventh flagship fund for private equity investment in Europe and North America – CVC Capital Partners VII.
...
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By Mourant Ozannes on
2 June 2017
Law firm Sinels has made two Partner appointments within its Jersey team – Advocate Robin Leeuwenburg and Advocate Steven Chiddicks.
Robin (pictured), a litigation specialist in complex commercial, trust and financial services cases, has worked in Jersey since 2008 and joins Sinels from Benes...
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By Sinels on
2 June 2017
The importance of having a career action plan and the key points to consider when creating your own plan will be the focus of the next Women’s Development Forum meeting, Women Fast Forward – Next steps on your career action plan.
The event will take place on Tuesday 13 June from 1...
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By WDF on
1 June 2017
The States of Guernsey has reported a £24.9 million surplus in public finances recorded last year.
The 2016 States of Guernsey Accounts detail a significant improvement on earlier indications that a combination of lower than anticipated revenues and higher expenditure would result in a d...
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By States Of Guernsey on
1 June 2017
Local businesses need to make sure they are prepared ahead of the 30 June reporting deadline or risk penalties for non-compliance, delegates heard at a recent EY tax transparency update seminar.
EY Senior Tax Manager Lisa McCleane, one of the speakers, looked at the impact of the OECD’s...
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By EY on
1 June 2017
Risk consultancy Comsure is holding a session next week to inform local businesses of the changes that will affect fintech, regtech and digital marketing when GDPR legislation is implemented next year.
The session, supported by the Digital Jersey Hub, aims increase awareness of the need to maintain...
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By Digital Jersey on
1 June 2017