Channel Islands-based financial services groups PraxisIFM has acquired specialist annuity provider Cavendish Corporate Investments to add to its pension services offering.
Cavendish was established by Mike Dewsnap and Martin Triggs in 2008 and provides pension and annuity products from its ba...
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By Liquid on
31 March 2017
Professional services provider Equiom has announced the acquisition of Tokyo-based corporate services business Solid Japan.
Solid Japan, established in 2008, offers a suite of services to support inbound investment into Japan. The acquisition adds to Equiom’s existing Asia presence in S...
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By Equiom on
31 March 2017
A critical briefing held by the Jersey Chamber of Commerce this week has highlighted concerns across the business community that GDPR (General Data Protection Regulation) is not being fully supported by government.
Described as a game-changer in how companies will have to manage data when the new l...
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By Jersey Chamber of Commerce on
31 March 2017
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Jersey Finance has said it will continue to monitor the UK’s Brexit negotiations closely but that they will not affect Jersey’s position as an international finance centre.
The UK formally notified the European Union of its intention to cease to be a member state on Wednesday. Negotiati...
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By Crystal PR on
30 March 2017
Mourant Ozannes has advised Export-Import Bank of China, China Development Bank, Silk Road Fund and International Finance Corporation in connection with a US$1.392bn facility that was the first infrastructure project announced under China's One Belt One Road infrastructure development fund.
The...
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By Mourant Ozannes on
30 March 2017
The government of Jersey is to make available up to £900,000 for a strategic review of the island’s financial services industry.
The review, which will be commissioned by Jersey Finance, will take into account the opportunities and challenges that may arise from the UK government’...
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By States of Jersey on
29 March 2017
Salamanca Group, the London-based Merchant Banking business, has signed a binding agreement to complete the management buyout of its Trust & Fiduciary business, SGTF, which operates from Jersey, Mauritius and Geneva.
Financial details of the transaction were not disclosed and completion is...
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29 March 2017
BL Events has launched this year’s Channel Islands Funds Forum, with a dedicated website and the announcement that the event will be bigger than ever before. This is thanks to the inclusion of a pre-event seminar from Preqin, and post-event networking drinks.
The event – ‘A Sharpe...
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By BL Global on
28 March 2017
Richard Corrigan has been appointed as Chief Officer of the States of Jersey’s financial services, digital and competition teams.
Prior to his appointment, Richard had been on secondment to the States from his role of Deputy Chief Executive of Jersey Finance to act as the Interim Direct...
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By States of Jersey on
28 March 2017
Equiom has announced the acquisition of Eagle Consulting, an Inverness-based professional services outsourcing firm with an international client base.
Established in 1997, Eagle Consulting offers a range of services, including management and statutory accounting, payroll, tax and compliance s...
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By Equiom on
28 March 2017
The Jersey branch of the Institute of Directors (IoD) has announced a 15-strong shortlist of individuals for this year's annual search to find the top leaders in Jersey’s private, public and voluntary sectors.
The winners of the 2017 Jersey Director of the Year Awards will be announced at...
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By Crystal PR on
28 March 2017
Enterprise Week 2017 will reflect on the outlook for Jersey in an international context, identifying whether current local and global events are opportunities or threats for business in the island.
With a programme of events between 16 and 19 May, the keynote event – The Future of Enterp...
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By Jersey Business on
27 March 2017
The total value of funds business in Guernsey grew by more than £28bn last year.
New figures from the Guernsey Financial Services Commission (GFSC) show that the net asset value of funds under management and administration in the island grew by £6.5bn (2.6 per cent) during the fou...
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By Orchard PR on
27 March 2017
A new President and management committee was elected to the Jersey Hospitality Association (JHA) at its AGM on Friday last week:
• President – Fiona Kerley (pictured), Managing Director of the Ommaroo Hotel
• Vice Presidents – Natalie Duffy, MD Salty Dog Bar & Bistro and ...
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By Jersey Hospitality Association on
27 March 2017
The Government of Jersey has welcomed the findings of the House of Lords European Union Committee in the report Brexit: the Crown Dependencies, published on Thursday.
The Chief Minister, Senator Ian Gorst, made an oral submission to the Committee in December 2016 alongside the Chief Ministers of th...
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By States of Jersey on
24 March 2017
As the appetite for alternative investments grows in 2017, there's likely to be increased demand for investment funds in the emerging asset classes of public-private infrastructure projects, traditional healthcare, energy consumption, 'hardware' such as ships and aeroplanes, and litigati...
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By Orchard PR on
23 March 2017
The IoD’s 2017 mid-term breakfast event next month – Is Guernsey Presenting its Best Face? – will pick up on some of the themes arising from the IoD annual Convention last October.
A panel representing the Guernsey business community will discuss whether Guernsey is presenting its...
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By Orchard PR on
23 March 2017
Glen Kehoe has been appointed as Director for Digimap in Jersey, after 10 years with the technology firm.
Digimap, which has offices in Jersey and Guernsey, is the official mapping partner to the States of Jersey and the States of Guernsey.
Glen previously served as the company’s...
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By Orchard PR on
23 March 2017
Accountancy firm Carter Backer Winter (CBW), based in the City of London, has formed a partnership with Guernsey-based accountant Chandler Backer & Co to create CBW Guernsey.
The joint venture will provide islanders with a range of services, including advice on business start-ups and...
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By Gill Sainsbury PR on
23 March 2017
The Channel Islands subsidiary of independent investment manager Brooks Macdonald achieved double-digit growth and saw discretionary funds under management (FUM) rise by 10 per cent over the second half of 2016.
The figures were announced by Brooks Macdonald this month as part of the group’s ...
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By Crystal PR on
21 March 2017
The latest Chambers Global Guide has ranked Channel Islands law firms and lawyers across a range of areas.
The guides are the culmination of thousands of in-depth interviews by the largest research team of its kind. Chambers has been ranking the best law firms and lawyers since 1990, and now cover ...
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By BL Global on
21 March 2017
Moore Management has been named Best Alternative Fund Administrator – Channel Islands in this year's International Fund Awards hosted by corporate finance publication Acquisition International.
This is the third consecutive year that the specialist funds business has been recogn...
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By First Names Group on
21 March 2017
The impact of Brexit on the European alternative funds landscape and details of a new fund platform for Jersey have been added to the agenda for the Jersey Finance London Funds Conference – ‘New Perspectives’ – this month.
Jonathan de Lance-Holmes, Partner at Linklaters, wil...
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By Crystal PR on
21 March 2017
A number of Channel Islands-based lawyers have been recognised as leaders in their field in the 2017 Who’s Who Legal Private Funds guide.
Since 1996, Who's Who Legal has identified the foremost legal practitioners in business law based on independent research. Nominees are selected based ...
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By BL Global on
20 March 2017
Collas Crill has appointed Quentin Bregg as an Associate within its dispute resolution department in Guernsey.
Quentin, who qualified as a solicitor in Scotland in 2010 with Maclay Murray & Spens, specialises in complex commercial litigation with a focus on financial services, insolvency, and r...
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By Collas Crill on
20 March 2017
Jersey Met, which provides meteorological services to the Channel Islands, is working more closely with its UK counterparts to improve safety and convenience for air travellers. Its aim is to limit the impact of extended periods of fog, as has been experienced in Jersey recently.
Jersey’...
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By Jersey Met on
20 March 2017
The recruitment process has started for Jersey’s first independent Charity Commissioner.
The Commissioner will be responsible for determining which organisations are charities, registering those charities and ensuring they meet their legal requirements.
His or her initial work w...
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By States of Jersey on
17 March 2017
Guernsey is building on its insurance offering in China after signing a Memorandum of Understanding (MoU) with a key Chinese business centre.
The MoU between the Beijing Airport Economic Core Zone (BAECZ) and Guernsey Finance, on behalf of the island’s finance sector, was signed in Beijing by...
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By Guernsey Finance on
17 March 2017
A new leadership coaching consultancy – Leaders – has been launched in Guernsey, focusing on C-suite and board-level skills across Guernsey and Jersey.
The consultancy, founded by Phil Eyre, works with organisations in the finance, manufacturing, charity, government and military s...
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By Black Vanilla on
17 March 2017
The Jersey Financial Services Commission (JFSC) has introduced the Jersey Private Fund (JPF) Guide, setting out the criteria for Jersey’s new private fund product, which can be marketed to up to 50 professional investors.
The launch follows a joint consultation between industry and&...
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By Jersey Financial Services Commission on
15 March 2017
Jersey law firm Benest Corbett Renouf has appointed Advocate Adam Harrison to its litigation team.
Adam joins Benest Corbett Renouf having practised criminal and regulatory law with Appleby. He qualified as a Jersey solicitor in 2010 and was called as an Advocate in 2013.
Adam has specialised...
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By Benest Corbett Renouf on
15 March 2017
Butterfield Bank (Guernsey) has appointed Colleen McHugh as its Head of Wealth Management.
A chartered wealth manager with more than 18 years’ experience, in her new role Colleen will work with the private banking and asset management teams to develop the business.
She joins the bank ha...
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By Liquid on
14 March 2017
Mourant Ozannes is advising both OneWeb and Softbank (on two sides of an ethical wall) on the proposed multijurisdictional merger between OneWeb and Intelsat, and the connected $1.7bn capital injection by Softbank into the combined group.
OneWeb is a US-based satellite company that will provi...
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By Mourant Ozannes on
14 March 2017
Outsourced services provider Ipes has annouced two appointments – Sumindra Bains-Cleary as Head of Commercial Finance, based in London, and David Bateman as a Manager in Guernsey.
Sumindra joins the firm having spent five years with business process and technology services provider Xchanging,...
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By Image Group on
14 March 2017
Collas Crill has advised on aspects of the sale of UK credit and debit card payment processing firm Retail Merchant Services to TCV, which provides capital for growth-stage private and public enterprises in the technology industry.
Retail Merchant Services provides payment solutions for remote invo...
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By Collas Crill on
14 March 2017
Guernsey Financial Services Commission Director General William Mason has signed a Memorandum of Understanding in Beijing with the Director General of the China Insurance Regulatory Commission (CIRC), Jiang Bo.
The MoU sets out a statement of intent to establish a framework for mutual assista...
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By Guernsey Financial Services Commission on
14 March 2017
JTC Fund Services has provided administration and corporate services in the initial public offering of the Impact Healthcare Real Estate Investment Trust (REIT) on the specialist fund segment of the Main Market of the London Stock Exchange.
Impact Healthcare REIT raised an initial £160 millio...
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By Orchard PR on
13 March 2017
Carey Olsen has acted for the Prudential Assurance Company in the sale of refurbished office premises in Jersey for £2.75 million.
The Carey Olsen team, led by Partner Chris Philpott and Senior Associate Will Whitehead, has advised Prudential in respect of this asset for several years, ...
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By Orchard PR on
10 March 2017
The Channel Islands Information Security Forum (CIISF) is holding an cyber incident response presentation – featuring cyber security specialist Paul Dutot, from Logicalis Jersey – on 23 March at 12.30pm at the Arts Centre, St Helier.
Paul will run through incident response and prev...
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By CIISF on
10 March 2017
EY has appointed Emma Hosking-Williams as Director in its private client and trust team in the Channel Islands.
A member of the Chartered Institute of Taxation and the Institute of Chartered Accountants in England and Wales, Emma began her career as a forensic accountant at HMRC.
She jo...
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By EY on
9 March 2017
BDO Greenlight has appointed Carlos Rebelo to its change management team, working with clients in the financial services sector.
Carlos has over 20 years' experience in retail and commercial banking and alternative investment operations, specialising in business performance, operational a...
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By Direct Input on
9 March 2017
Wendy Martin, EY’s Channel Islands Head of Tax, examines the impact on the Channel Islands of Chancellor Philip Hammond’s first and final Spring Budget before the permanent move to Autumn Budgets later this year
As expected, there were few significant announcements in th...
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By EY on
9 March 2017
Zedra has made two appointments in Jersey – Michael Capraro as Head of Business Development Fund Services and Ryan Taylor as Associate Director Fund Services.
With more than 34 years’ experience, Michael was previously with Vistra Fund Services in Jersey as a Director of its funds and c...
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By Refinery on
8 March 2017
Offshore law firm Collas Crill has advised FastForward Innovations on its ability to invest in a Canadian company that will grow and supply marijuana for medicinal purposes under licence from the Canadian government.
Collas Crill formed part of the international team, led by Michael Corcoran at Hil...
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By Collas Crill on
8 March 2017
Blue Islands has announced an increase in seats on the peak inter-island services it operates as a Flybe franchise partner, by introducing one of its new larger ATR 72 aircraft on the route.
The airline’s 68-seat ATR 72 aircraft will replace the 46-seat ATR 42 currently operating the morning ...
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By Blue Islands on
8 March 2017
The Government of Jersey is to launch a substantial public engagement exercise to better understand public hopes, concerns and questions arising from Brexit.
The cross-departmental campaign will not adopt the standard format of a consultation but instead provide an interactive forum for debat...
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By States of Jersey on
8 March 2017
The Lawyer magazine’s latest Offshore Top 30 listing features several firms operating from the Channel Islands.
Walkers and Mourant Ozannes appear at second and third place respectively, followed by Appleby at fourth, Carey Olsen at fifth and Ogier in sixth place.
Meanwhile, Collas Cril...
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By BL Global on
7 March 2017
Ahead of launching its presence in the Isle of Man later this week, TISE (The International Stock Exchange – formerly CISE) has appointed Carolyn Gelling as its Head of Isle of Man Office, effective from the start of May.
Carolyn will join TISE from Thomas Miller Investment, where ...
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By CISE on
6 March 2017
A agreement paving the way for the return of more than £3 million of stolen assets to the people of Kenya was signed on 3 March between the governments of Jersey and Kenya.
The agreement is the latest step taken by both governments to secure the return of the funds, which were confiscat...
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By States of Jersey on
6 March 2017
Financial and professional services group Smith & Williamson has recruited Lisa Ronayne to its International team in Jersey. As Head of Compliance, she will be responsible for all regulatory aspects of the firm’s international business.
Lisa has extensive experience in the banking,...
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By ORCHID on
6 March 2017
The number of Jersey-registered fund managers marketing into Europe through national private placement regimes (NPPRs) under the Alternative Investment Fund Managers Directive (AIFMD) continued to rise during 2016, according to the latest figures from Jersey regulator the Jersey Financial Services C...
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By Crystal PR on
3 March 2017
The Government of Jersey has signed a Double Tax Agreement (DTA) with the Republic of Mauritius.
The agreement was signed in London today, for Jersey by Senator Sir Philip Bailhache, Minister for External Relations, and for the Republic of Mauritius by High Commissioner Girish Nunk...
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By States of Jersey on
3 March 2017
Three lawyers from Bedell Cristin – Rebecca McNulty (pictured), Laura Hendrick, and Richard Laignel – have been sworn in as Advocates at Jersey’s Royal Court.
Rebecca, now a Senior Associate, has been with the law firm since 2008. She advises local and international clients ...
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By Bedell Cristin on
3 March 2017
Digital Jersey has published the following blog, entitled Brexit: The Latest Impact on Digital Business in Jersey
The first rule of the Prime Minister’s Brexit negotiation is clarity. However, as the Chief Minister told the House of Lords Brexit Committee last year, Jersey’s economy is ...
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By Marcom Collective on
3 March 2017
The latest edition of BL magazine is now available online, and leads with an examination of those who forecast future economic, financial and political trends.
Nick Kirby, Editor-in-Chief of BL magazine, says: “Last year, we had a number of shocks that few had predicted – Brexit a...
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By BL Global on
2 March 2017
Jersey Post has announced an investment in US business Global eParcel Solutions (GePS), based in Miami.
The deal forms part of a plan by the postal service to address the long-term terminal decline in domestic mail volumes.
Jersey Post began looking for opportunities outside the local market last ...
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By BL Global on
2 March 2017
First Names Group has appointed classic car expert James Haithwaite as a Client Services Director.
An experienced fiduciary professional with over 25 years in the industry, James specialises in the management and curation of classic cars and spends much of his time in the UK, Europe and US ha...
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By First Names Group on
1 March 2017
The Channel Islands Securities Exchange (CISE) has announced two changes to its board of directors. Stephen Lansdown will step down from the Annual General Meeting in June to focus on other business interests, while Isle of Man-based Anderson Whamond (pictured) joins the board today.
The...
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By CISE on
1 March 2017
Jersey’s Chief Minister, Senator Ian Gorst, is making his first official visit to Africa, to broaden Jersey’s relationships with African partners.
The Chief Minister is visiting three countries that have been identified as priority partners – South Africa, Kenya and...
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By States of Jersey on
1 March 2017