The IoD in Guernsey has announced details of the next event in its winter seminar series, which will take place on 5 April at the Old Government House Hotel in St Peter Port.
Entitled 'Leading from the Front? Innovation in Guernsey’s Financial Services', a panel of specialists will di...
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By Black Vanilla on
29 March 2019
Ogier was named Regional/Offshore Law Firm of the Year at the Legal Business Awards in London last night.
The awards recognise the leading players and teams across the legal industry. The Regional/Offshore Firm of the Year title highlights the UK-based firm that has made the most signific...
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By Ogier on
29 March 2019
Data optimisation and privacy specialist Calligo has acquired Connected Technologies, a Canadian specialist in outsourced IT and cloud services, in what it calls "an important step in Calligo's ongoing growth outside Jersey and Guernsey and into North America and beyond".
The pu...
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By Calligo on
29 March 2019
This year’s ICSA: The Governance Institute’s annual conference in Guernsey – ‘Building Board Resilience’ – will take place at the St Pierre Park Hotel on 1 May.
The conference will focus on how boards can be strengthened through board evaluations and improved boa...
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By ICSA on
29 March 2019
Following the success of our first ever City edition last year, we're pleased to announce that this special issue will now be a regular annual fixture in the Businesslife calendar.
Our City edition, which will be published in June 2019, aims to highlight the vision, intellect and excellence of ...
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By BL Global on
28 March 2019
AIM-listed investment management group Brooks Macdonald has announced changes to the board and senior leadership team within its International business, based in the Channel Islands. The changes are subject to regulatory approval.
Andrew Shepherd (pictured), Group Deputy Chief Executive and Managin...
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By Crystal PR on
28 March 2019
Former Deputy CEO of Guernsey Finance Kate Clouston has joined Collas Crill as Global Relationship Manager.
Kate brings to the firm significant experience of working with China, as Collas Crill looks to build on its presence in Asia.
A key component of her new role will be client facin...
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By Black Vanilla on
28 March 2019
Private wealth, corporate and yacht services business Fiduchi has appointed Heidi Thompson to its board of Directors.
Having joined Fiduchi in August 2018 as Associate Director, Heidi manages a team providing a range of services to private and family office clients.
She has extensive ...
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By Fiduchi on
28 March 2019
Global trust, fund administration and corporate services provider Vistra has appointed Paul Sewell as Compliance Director, UK, Ireland and Channel Islands.
Based in Jersey, Paul will be responsible for the strategic direction and implementation of Vistra’s compliance strategy in the reg...
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By Vistra on
27 March 2019
Mourant has advised Kuwait Energy in relation to its acquisition by Gold Cheers Corporation, a wholly-owned subsidiary of United Energy Group, for $477 million.
The transaction was implemented by a Jersey court sanctioned scheme of arrangement.
Mourant has acted for Kuwait Energy since 2010,...
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By Mourant on
27 March 2019
Financial services provider JTC has announced the acquisition of Luxembourg-based Exequtive Partners, a specialist provider of corporate and related fiduciary services.
Established in 2013, Exequtive's 28 staff, including five principals, will all join JTC's existing Institutional Client Se...
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By Crystal PR on
26 March 2019
The Channel Islands Information Security Forum (CIISF) has confirmed the speaker line-up for its inaugural Guernsey Cyber Security Conference in April.
The event will feature David Ferbrache (pictured), Chief Technology Officer of Cyber Security at KPMG, and Bruce Hallas, founder of information sec...
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By Black Vanilla on
26 March 2019
With Guernsey’s new anti-money laundering regime set to come into effect at the end of this month, Babbé Managing Partner Andrew Laws says that while the transitional provisions appear generous, organisations must act without delay. Here, he shares his top 10 tips on actions to be taken...
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By Babbé Legal on
26 March 2019
Corporate and trust services provider Estera has appointed Brendan Dowling as its new Jersey Managing Director.
Brendan has been closely involved in all aspects of Estera Jersey’s leadership and management since he was appointed to the board in 2015. The firm says his contribution has h...
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By Estera on
25 March 2019
Investor services group SGG has rebranded to become IQ-EQ, in a move that unites SGG, First Names Group, Augentius, Singapore-based Iyer Practice and South African funds administration specialist Viacert under a single brand.
Mark Pesco, the Jersey-based CEO of IQ-EQ – and...
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By SGG on
25 March 2019
The results of a Guernsey Finance funds survey, carried out among asset managers and intermediaries at private equity and venture capital event SuperReturn International in Berlin in February, show that more than half of managers would consider splitting global and EU distribution if it led to impro...
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By We Are Guernsey on
25 March 2019
Financial services group Canaccord Genuity is to acquire Thomas Miller Wealth Management (TMWML) and the private client investment management business of Thomas Miller Investment (Isle of Man).
The acquisitions will be made through Canaccord Genuity Wealth Management, which has offices in Jersey an...
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By ORCHID on
22 March 2019
The UK government has told Westminster it will encourage the Crown Dependencies to voluntarily introduce new financial transparency rules as it recognises the islands' self-governing status, according to a report in International Investment.
Home Office minister Baroness Williams of Traff...
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By Investment International on
22 March 2019
From walking cars to smart earbuds to waterproof notepads, this year’s Consumer Electronics Show gave us a glimpse of the weird and wonderful tech that’s on the horizon
It’s billed as the Consumer Electronics Show, but much of what’s on offer at CES is also of great interest...
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By Alexander Garrett on
22 March 2019
Ports of Jersey has appointed Matt Thomas as its new Chief Executive Officer.
Matt will join the company in July from Shannon Group in Ireland, where as CEO he has overseen the development of the airport and aviation services centre, along with the development of the company's land and p...
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By Ports of Jersey on
21 March 2019
Professional services provider Equiom has opened a new office in the Dubai International Financial Centre (DIFC), operating as Equiom (Isle of Man) Limited (DIFC Branch).
The opening builds on the organisation’s growing presence in the Middle East – this is the firm's fourth o...
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By Equiom on
20 March 2019
Advocate Eloise Layzell has joined Ogier's Dispute Resolution team in Jersey as a Senior Associate.
Eloise joins from Lacey Advocates in Jersey, where she has practised for almost six years. Before that, she spent five years at Mourant.
Eloise specialises in contentious regulatory matters, hav...
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By Ogier on
20 March 2019
Carey Olsen's investment funds team in Jersey has advised Quinbrook Infrastructure Partners on the Jersey legal and regulatory aspects of Quinbrook Low Carbon Power Fund's final closing, which raised a total of $1.6bn in primary and co-investment fund commitments.
Oak Group (Jersey) acted a...
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By Carey Olsen on
20 March 2019
Babbé has announced the promotion of trust lawyer Elena Gogh to Senior Associate, based in Guernsey.
As a member of the firm's Trusts and Pensions team, Elena advises on fiduciary and trust matters. She has extensive experience in establishing asset-holding structures and wealth manageme...
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By Orchard PR on
20 March 2019
A new private client, corporate services and fund administration group has been launched in the Channel Islands.
Oak is the consolidation of three businesses – Oak Trust Group, Consortia and Kreston IOM – which between them have offices in Guernsey, Jersey, the Isle of Man, Malta ...
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By Orchard PR on
19 March 2019
Vistra's latest report on the corporate services industry – Vistra 2020 – reveals that the trend toward onshore and mid-shore jurisdiction for doing business continues, with Hong Kong the most popular jurisdiction, the British Virgin Islands and the UK second, and the US and Sin...
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By Vistra on
19 March 2019
Accounting and advisory network Moore Stephens has named Brona Lambert as its new Director, Accounting and Business Services, in the Channel Islands.
Brona joined Moore Stephens Jersey in 1999 as a Senior Accountant, becoming a Partner in 2009. In this role, she was responsible for developing...
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By Orchard PR on
19 March 2019
Bedell Cristin has promoted Ann Halliday to the newly created role of Counsel in its Guernsey office.
Ann joined the firm in 2016, having worked for eight years as a banking lawyer with Ogier in Guernsey. Previously, she worked for UK firms Cobbetts and Needham & James, as we...
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By Orchard PR on
19 March 2019
Seventy staff from local investment manager Ashburton Investments will be making the move to new premises at IFC1 in Jersey this month, completing occupancy of the office development.
The team at Ashburton, which has occupied its current premises for over 20 years, will officially move into the new...
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By Ashburton Investments on
19 March 2019
The Jersey Hospitality Association has elected Jeremy Swetenham as its new Chair at its recent AGM.
Jeremy takes over from outgoing president Fiona Kerley, who will remain on the JHA board. He will be joined by new Vice Chairs Martina McGibney and Stef Stevens, who take over from Marcus Calvani and...
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By Direct Input on
19 March 2019
Babbé has appointed Janice Courtney as Marketing Manager based in Guernsey.
Janice brings more than 13 years’ experience in marketing and communications to the firm, in both the UK and South Africa. She joins Babbé after nine years with niche stockbroking firm Legae Securities i...
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By Orchard PR on
18 March 2019
Investment services group Ravenscroft has appointed Wing Kin Lai to its trading desk in Guernsey, which is responsible for trading worldwide equities, bonds, forex and derivatives for clients across the globe, as well as being a Market Maker on The International Stock Exchange.
Wing Kin joins...
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By Ravenscroft on
15 March 2019
Small is beautiful
Company of One: Why Staying Small is the Next Big Thing for Business by Paul Jarvis (Portfolio Penguin, £10.49*, paperback) starts off with a contrarian hypothesis: what if the key to a rich and fulfilling career is not to start a business and rapidly scale up, but instead ...
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By Alexander Garrett on
15 March 2019
Professional services provider Equiom has appointed Graeme Shanks as Senior Manager within the Aviation team.
Graeme will be responsible for business development for Equiom’s aviation services. He brings more than 14 years’ experience to the role, having worked in senior positions withi...
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By Equiom on
15 March 2019
The value of regulated funds serviced in Jersey saw double-digit growth to reach an all-time high, while bank deposits also increased over the course of 2018, according to the latest figures from the Jersey Financial Services Commission (JFSC).
Figures for the final quarter of 2018 (ending 31...
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By Crystal PR on
14 March 2019
The Commission has issued, in final form, the revised Handbook on Countering Financial Crime and Terrorist Financing, following approval of the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) (Amendment) Ordinance, 2018 by the States of Guernsey in December.
The revisions to the...
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By Guernsey Financial Services Commission on
14 March 2019
Offshore law firm Appleby has published its latest Energy & Natural Resources report, which provides merger and acquisition insight and deal intelligence on the sector’s offshore activity in 2018.
The report reveals that in total $22bn was spent on offshore energy and natural resources co...
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By Appleby on
14 March 2019
Guernsey’s financial services regulator has, like Jersey, signed a Memorandum of Understanding with the UK’s Financial Conduct Authority to ensure market access for Guernsey investment funds into the UK after Brexit.
Guernsey has a market access agreement with the 28 member states of th...
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By Guernsey Finance on
14 March 2019
Jersey law firm Steenson’s has merged with Nicholls Law.
The combined practices will operate under the name Steenson Nicholls and will be led by Senior Partner David Steenson.
Steenson Nicholls is a limited liability partnership, registered under the Limited Liability Partner...
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By Steenson Nicholls on
13 March 2019
Guernsey’s global competitiveness as a finance sector has been further enhanced following confirmation from the EU Council’s Code of Conduct Group and the European Council of Finance Ministers (ECOFIN) that the island has satisfied its legal substance requirements for entities operating ...
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By We Are Guernsey on
13 March 2019
EU Finance Ministers (ECOFIN) have formally confirmed Jersey’s position as a cooperative jurisdiction.
In December 2017 ECOFIN had placed Jersey, along with many other jurisdictions, in Annex II. This meant that Jersey had been assessed as cooperative, but subject to the implement...
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By Government of Jersey on
13 March 2019
The former Head of Client Services at Quintessential Relocation Consultants (QRC), Liesl Esterhuizen (pictured), has relaunched the business as Guernsey Relocation Services.
Esterhuizen worked alongside QRC founder Jo Stoddart for more than seven years supporting private individuals and businesses ...
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By Orchard PR on
13 March 2019
Corporate, fund and private wealth specialist Carey and the funds team at law firm Carey Olsen have advised Vietnam Holding on its migration from Cayman to Guernsey as part of the fund’s progression from AIM to the Main Market of the London Stock Exchange (LSE).
In conjunction with the ...
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By Lucid on
12 March 2019
The Jersey Financial Services Commission (JFSC) has signed a bilateral agreement with the UK financial regulator to secure continued access for the island to the UK’s funds market.
The Memorandum of Understanding (MoU) with the Financial Conduct Authority (FCA) will ensure that Jersey’s...
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By Jersey Financial Services Commission on
12 March 2019
Guernsey-based communications agency Black Vanilla has announced a change in leadership, as Nichole Culverwell (pictured) takes over sole ownership from founder and co-owner Jade Isabelle.
Jade founded Black Vanilla in 2008 based on her local and national media planning, media buying and events exp...
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By Black Vanilla on
12 March 2019
Standard Bank Wealth International has added to its Executive Committee with the appointment of Marina Buckley (pictured) as Chief Operating Officer, Wealth International, based in Jersey.
The senior leadership team guides the business strategy and manages the day-to-day operations of the bank, whi...
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By Direct Input on
12 March 2019
Guernsey marketing agency LRD has joined up with pan-island communications and digital agency TPA, and will move forward under the TPA brand to deliver marketing, creative and digital services together. It is understood no financial transaction has taken place between the two businesses.
Tom ...
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By Orchard PR on
11 March 2019
David Pike has joined the senior management team of Channel Island technology business C5 Alliance as its Chief Financial Officer, based in Jersey.
David brings to the business wide-ranging expertise in change management and driving optimal financial performance across organisations.
He has...
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By Orchard PR on
11 March 2019
A key figure in London’s green finance sector will be the keynote speaker at the Guernsey Funds Forum in London on 16 May.
Sir Roger Gifford is Chairman of the City of London Corporation, the body responsible for running London’s Square Mile, which launched the London Green Finance Init...
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By We Are Guernsey on
11 March 2019
The two men leading public sector reform in Jersey, Chief Minister Senator John Le Fondre and Chief Executive Charlie Parker, will speak at the IoD Mid-Year Review this month.
The breakfast event will take place at The Royal Yacht hotel on Wednesday 20 March and is open to IoD members and non-membe...
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By Natasha Egre, The Refinery on
11 March 2019
Appleby used International Women’s Day to announce the global extension of its Female Leaders Network, which was launched in Jersey in 2017 and is led by Managing Partner Wendy Benjamin (pictured).
The network will be growing to include the Bermuda, BVI, Cayman Islands, Guernsey, Hong K...
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By Appleby on
8 March 2019
On International Women’s Day, Sue Fox (pictured), CEO of HSBC Channel Islands and Isle of Man, says diversity is about the inclusion of everyone and valuing people because of – not in spite of – their differences
As a female CEO, I’m often asked about diversity and gen...
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By HSBC on
8 March 2019
The Treasury Minister, Deputy Susie Pinel (pictured), will announce to a group of influential Jersey women on International Women’s Day that she plans to propose an end to the practice of taxing wives’ income through their husbands.
This follows an island-wide consultation, the results ...
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By Government of Jersey on
8 March 2019
Feeling insecure
More than half of Channel Islands organisations don’t know whether they’ve been hacked in the past year. So says the first cyber security survey of businesses across the islands, carried out by the Channel Islands accounting and consulting practice at Grant Thornton. Ne...
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By Alexander Garrett on
8 March 2019
Guernsey-based Generali Worldwide has officially been renamed Utmost Worldwide, following the completion of the sale of the entire shareholding of Generali Worldwide Insurance Company and Generali Link to European life assurance specialist Life Company Consolidation Group (LCCG), the parent of Utmos...
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By BL Global on
8 March 2019
The IoD in Guernsey is to hold a breakfast meeting on 15 March that will discuss the importance of human capital to the island’s economy.
The speaker is Susie Crowder (pictured), who is Director of Bright Futures, a charitable institution that aims to change the way people think about lifetim...
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By Black Vanilla on
8 March 2019
Digital Jersey has announced an upcoming event highlighting the strength of Jersey’s digital tech activity to date.
Tech Nation, to be held on 19 March at the Halliwell Lecture Theatre, Jersey General Hospital, will draw on insights from the Tech Nation Jersey Report, produced by Tech N...
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By Digital Jersey on
8 March 2019
The Channel Islands Group of the Chartered Institute of Public Relations (CIPR) has a new committee to lead the group for the year ahead.
Jersey-based William Church (pictured), Director of Sales and Marketing at the Jersey Royal Company, has taken over as Chairman from TISE Head of Communications ...
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By Orchard PR on
7 March 2019
Bedell Cristin has advised Royal Bank of Scotland International (RBSI) in relation to real estate finance facilities made available to Ravenscroft Private Investment Fund.
The team provided both Guernsey and Jersey law advice in connection with the financing of the acquisition by the fund of ...
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By Orchard PR on
7 March 2019
The Guernsey Financial Services Commission has this week issued a discussion paper seeking feedback from all interested parties on potential enhancements to the regulatory framework under the Regulation of Fiduciaries, Administration Businesses and Company Directors, etc (Bailiwick of Guernsey) Law,...
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By Guernsey Financial Services Commission on
7 March 2019
The Guernsey Financial Services Commission has published its latest figures on general investment across the island, which show an increase over the fourth quarter.
• Investment funds – The net asset value of total funds under management and administration has increased in sterling ...
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By Guernsey Financial Services Commission on
6 March 2019
The number of data protection complaints by Jersey residents and self-reported data breaches by organisations is significantly down since October 2018, according to the Jersey Office of the Information Commissioner.
A total of 79 breaches were reported in Jersey from 22 October to 21 December 2018,...
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By Freedom Media on
6 March 2019
Office occupational take-up in St Peter Port almost doubled in 2018 compared with 2017, according to D2 Real Estates’ latest Channel Islands Office Market Review.
Demand has been driven by a raft of mergers and consolidations, which have coincided with prime stock coming to market, repo...
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By Black Vanilla on
6 March 2019
Trust, fund administration and corporate services provider Vistra has appointed Alan Brown (pictured) as Group Chief Executive Officer, and Geoff Weir as Group Chief Financial Officer.
Both will join Vistra in April, subject to regulatory approval. Based in Vistra’s headquarters in...
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By Vistra on
6 March 2019
Issue 61 of Businesslife is now available online.
In this issue, we take a look at what’s keeping Channel Islands’ businesses busy on the compliance front.
New tax rules on substance – the subject of our cover feature – require businesses tax-domiciled on the is...
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By BL Global on
5 March 2019
The total value of M&A deals in Jersey nearly tripled in 2018 compared with the previous year, driven by three megadeals, each valued at $5bn or more, according to offshore law firm Appleby.
The latest edition of the firm's Offshore-i report, which provides data and insight on merger...
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By Appleby on
5 March 2019
Ogier has appointed two Directors to lead its business services teams in marketing and IT.
Kate Kirk, who joined Ogier as Head of Marketing to lead its rebrand in 2015, has been promoted to the firm's global Director of Marketing and Communications.
A communications specialist whose care...
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By Ogier on
5 March 2019
Guernsey Finance has issued the following response to the UK government’s withdrawal of the Finance Bill from debate on Monday:
The constitutional position of the Crown Dependencies with the UK government needs to be better understood by parliamentarians following the UK government’s de...
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By We Are Guernsey on
5 March 2019
PwC is hosting events in Guernsey and Jersey this week to highlight the benefits of having a diverse leadership team in business and how this links directly to higher economic performance.
Coinciding with International Women's Day this week (8 March), the free-to-attend events – Women in ...
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By Crystal PR on
5 March 2019
The governments of Jersey, Guernsey and the Isle of Man have raised strong objections to amendments being debated in the UK's Parliament today, which could lead to parties owning more than 25% of any company registered in the Crown Dependencies being made public.
The proposed amendments to the ...
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By BL Global on
4 March 2019
The Guernsey Investment Funds Association (GIFA), in tandem with legal specialist Thorndon, has launched a new service to help protect the non-executive directors (NEDs) of investment funds and their management companies from risks.
The Financial Protection and Advice Service (FPAS) for GIFA has be...
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By Orchard PR on
4 March 2019
The Euromoney Private Banking and Wealth Management Survey results for 2019 have been announced.
The Private Banking and Wealth Management Survey provides a qualitative review of the best services in private banking, by region and by areas of service. More than 2,000 private bankers took part in th...
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By BL Global on
4 March 2019
A corporate team from Carey Olsen Bermuda has advised Apex Group on its purchase of Beacon Fund Services (Bermuda), Beacon Corporate Services (Bermuda) and Beacon Management.
The acquisition of fund administrator Beacon adds to Apex's hedge fund administration, corporate services and tran...
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By Carey Olsen on
4 March 2019
Investment business ED Group is to acquire a majority shareholding in Stenham Wealth Management CI (SWM) from Stenham Asset Management Holding, to create a privately owned wealth management and investment advisory business in Jersey. The transaction is due to complete in March.
SWM ...
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By Stenham Wealth Management on
1 March 2019
The Channel Islands Information Security Forum (CIISF) has announced this year's Guernsey Annual Cyber Security Conference, which will be held at The Rotunda, St Peter Port, on 24 April.
Bruce Hallas (pictured), author and founder of information security consultancy Marmalade Box, has been conf...
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By KPMG on
1 March 2019
Fiona Morton has been promoted to Associate Partner at EY in the Channel Islands, where she is based in Guernsey.
Fiona joined EY in 2000 as a law graduate and became a fully qualified chartered accountant in 2003. During her time at EY, she has gained significant experience within the wealth and a...
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By EY on
1 March 2019
Estera has appointed Ethan Levner as Managing Director in Guernsey, in addition to his responsibilities as Group Head of Corporate Development, encompassing M&A and group strategy.
Ethan joined Estera in 2016 to lead the company’s growth strategy through mergers and acquisitio...
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By Estera on
1 March 2019
Babbé has appointed South African litigators Gareth Parr (pictured right) and Ryan Courtney as Associates within its Guernsey dispute resolution team.
Both come to the firm with more than 11 years’ specialist litigation experience. Gareth was admitted as an Attorney in South Africa in ...
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By Orchard PR on
1 March 2019