SandpiperCI has announced that, as a result of uncertainties surrounding Covid-19, it has been unable to complete its acquisition of the Guernsey Pub Company.
The acquisition, announced in January, would have seen Sandpiper taking the entire share capital of The Guernsey Pub Company, the holding co...
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By Sandpiper CI on
31 March 2020
The authorities in Jersey have reaffirmed the island’s commitment to the business community in light of the Covid-19 pandemic by amending the rules around economic substance.
The jurisdiction has confirmed the circumstances under which it will not determine – under Article 6, Taxa...
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By Jersey Finance on
31 March 2020
Collas Crill has advised Le Masurier on its £70m Bath Street redevelopment project in St Helier, which will accommodate Jersey's second Premier Inn.
Partner Pamela Doherty led the team acting for the developer, Le Masurier, advising on all aspects of the project, including developmen...
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By Collas Crill on
31 March 2020
Mourant's Global Perspectives blog provides regular commentary on relevant topics. Here Consultant Geoff Cook gives his views on the impact of Covid-19
Is it only a couple of months since the word 'Corona' conjured up pictures of expensive cigars and Mexican beer? With the additio...
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By Mourant on
30 March 2020
The Jersey Financial Services Commission has confirmed that it recognises the challenges facing regulated businesses due to coronavirus, as staff work from home, working practices are revised and there are shortages among board and staff members.
As a result, it is extending some forthcoming deadli...
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By Jersey Financial Services Commission on
30 March 2020
The Guernsey branch of the Institute of Directors (IoD) has announced a number of new initiatives designed to support its members and business leaders over the coming weeks and months.
In response to the Covid-19 situation and its impact on the economic health of the island, the IoD will be c...
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By Black Vanilla on
30 March 2020
Jersey and Guernsey have seen a marked improvement in their rankings in the latest Global Financial Centres Index, published this week by Z/Yen in collaboration with the China Development Institute.
In the index, GFCI 27, which measures the competitiveness of global finance centres, Jersey ha...
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By Z/Yen on
26 March 2020
Visit Jersey has created an online hub in partnership with local businesses to help locals continue to enjoy the island while being socially responsible and following guidelines.
Businesses have been working to adapt how islanders use their services. Islanders are encouraged to explore the hub...
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By Visit Jersey on
25 March 2020
Jersey-based financial services business Fairway Group has made two promotions within its pensions department. Tricia Love becomes Pensions Manager while Nicole Stower is promoted to Senior Pensions Manager.
Tricia has been with the firm since 2013, most recently in a pensions administration role. ...
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By Fairway Group on
25 March 2020
Asset management consultancy MJ Hudson, which has offices in Jersey, has acquired US and Canada-based marketing services and analytics business Meyler Capital.
Formed in 2012, Meyler has clients in the private equity, venture capital and hedge fund sectors. Its 50-plus mostly North American c...
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By MJ Hudson on
24 March 2020
The Guernsey Financial Services Commission has said it is conscious that almost all firms will be experiencing operational issues as they transition to an environment in which many of their staff will be working from home.
Mindful of this and of some significant impending deadlines for financial re...
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By Guernsey Financial Services Commission on
24 March 2020
The Guernsey International Business Association (GIBA) has issued guidance on how Guernsey companies can comply with substance requirements during the coronavirus pandemic.
In a statement, it said: “It is becoming increasingly clear that the efforts to combat the worldwide and local spread of...
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By GIBA on
23 March 2020
The Guernsey Financial Services Commission has said it is closely monitoring the coronavirus situation. It will be increasing its financial stability monitoring work and acting to ensure that consumers are protected where necessary.
In a statement it said: "We would appreciate firms&rsqu...
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By Guernsey Financial Services Commission on
20 March 2020
Collas Crill's International Private Client & Trusts department has recruited Partner David Cooney to its Guernsey team.
David joins the firm from Charles Russell Speechlys, where he has served as a Zurich-based Partner for the past three years, specialising in international private client ...
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By Collas Crill on
20 March 2020
Jersey Finance has welcomed a series of measures introduced by the Government of Jersey to help provide much-needed support to island businesses during this challenging period. These include:
• £50m in a new Jersey Disruption Loan Guarantee Scheme, to provide government-guaranteed bank l...
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By Crystal PR on
19 March 2020
Following discussions with Digital Jersey and the Government of Jersey, telecoms operators on the island – JT, Sure and Homenet – have agreed that all fibre broadband connections will be increased to a symmetrical 1 Gbit/s at no extra cost.
The move will, among other things, assis...
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By Digital Jersey on
18 March 2020
Ogier has announced three new hires in Guernsey. Jane Hogan has joined the Banking and Finance team, and Richard Doyle the Corporate and Funds team, both as Managing Associates, while Wandi Sishi has joined the Corporate team as an Associate.
Jane brings with her extensive experience advising on mu...
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By Crystal PR on
18 March 2020
Jersey Finance has confirmed that it is working with industry on measures to support both the local community and its international network of member firms and stakeholders as the outbreak of Covid-19 continues to disrupt financial markets worldwide.
Joe Moynihan (pictured), CEO of Jersey Finance, ...
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By Crystal PR on
17 March 2020
RBS International has announced a series of senior appointments within its newly revamped Institutional Banking division in Jersey.
Seán O’Callaghan, who has 19 years’ experience working for RBS International in Jersey and with AIB in Ireland, has been appointed Head of Instituti...
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By Crystal PR on
17 March 2020
Skipton International has appointed Sean Gauvain to the role of Business Development Manager.
Sean joins the Guernsey-regulated bank with lengthy experience in banking. In his new position, he will be helping to grow Skipton’s deposit business and building relationships with corporate a...
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By Direct Input on
17 March 2020
Accountancy, tax and business advisory firm BDO in Guernsey has appointed Carl Gardner as Head of its BDODrive team.
BDODrive helps local commercial trading and financial services companies with their daily financial operations by offering cloud accounting, payroll services, financial reporti...
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By Orchard PR on
17 March 2020
Zedra has appointed Steven Bowen as Managing Director of its Jersey office, leading the development and growth of the firm's corporate, fund administration and active wealth business on the island.
Steven takes up the new role having served as Chief Risk Officer at JTC Group for the past year. ...
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By Nacelle on
16 March 2020
JTC has announced the acquisition of Sanne’s private client business.
The acquisition, which is subject to relevant regulatory approvals, will expand JTC’s private client services presence in Jersey, with all clients and staff transferring to JTC as part of the transaction.
According t...
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By Crystal PR on
16 March 2020
Jersey-based fiduciary and administration solutions provider VG has appointed Debbie Lumsden as Private Client Director.
In her new role, Debbie will help grow the private wealth structuring business, working alongside Claire Malkoun, Director – Business Development.
Debbie joins VG from Aff...
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By VG on
16 March 2020
Hipgnosis Songs Fund, the Guernsey-based fund that has invested in a catalogue of songs, music production and publishing, is being added to the FTSE 250 Index.
The fund has raised more than £600m and bought rights to hits by Madonna, Justin Timberlake and Rihanna, among others. It receives ro...
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By We Are Guernsey on
13 March 2020
Appleby has advised a Jersey-based family on the purchase of St John’s Manor Limited, the company that owns the St John’s Manor country estate in Jersey. The transaction was completed by share purchase in February.
Appleby’s Property team, headed by Group Partner Tim Hart, advised...
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By Appleby on
13 March 2020
There have been several successes for organisations with operations in the Channel Islands at the Private Equity Wire European Awards 2020, which were held in London this week.
The awards, hosted by funds publication Private Equity Wire, recognise the best private equity managers, investors, ...
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By BL Global on
13 March 2020
Deloitte in Guernsey has strengthened its audit and advisory teams with 12 appointments – 10 in the audit department and two in the advisory team.
In the advisory team, Brett Bewey and Sarah Simon join as Managers, responsible for offering advice and support on risk and regulation. They ...
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By Black Vanilla on
13 March 2020
Canaccord Genuity Wealth Management (CGWM) has released the results of a recent wealth survey that demonstrates the gender differences when it comes to investing wealth.
Almost a quarter of high-net-worth (HNW) women surveyed have no investment portfolio (24%) and the same percentage have no pensio...
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By ORCHID on
11 March 2020
Ogier has appointed contentious trusts specialist Damian Evans as a Partner in its Jersey Dispute Resolution team.
Damian, who joined the firm in January 2019 as Counsel, has been involved in trust litigation cases in Jersey, as well as applications concerning trustee decisions, rectification,...
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By Crystal PR on
11 March 2020
BOOKS
Seapower States: Maritime Culture, Continental Empires and the Conflict that Made the Modern World by Andrew Lambert (Yale University Press, £11.99, paperback)
This is the gripping account of five small maritime states and how they achieved historic success out of all propor...
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By Alexander Garrett on
11 March 2020
Oben has appointed Amy Hamon as an Assistant Manager in the firm’s Jersey-based regulatory practice.
Prior to joining Oben, Amy served as a Senior Compliance Administrator with Ipes – now part of fund administrator Apex Group.
She has also spent a number of years work...
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By Oben on
11 March 2020
Walkers has appointed Tom Fothergill as a Senior Associate within the firm's Jersey Investment Funds and Corporate Group.
Tom brings regulatory experience to the firm, having most recently served as Lead Policy Adviser, Financial Crime, at the Government of Jersey.
During his time in gov...
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By Walkers on
10 March 2020
The sale of Condor Ferries to Brittany Ferries has been finalised. The deal, announced last year, had been subject to scrutiny by competition authorities, but work on the transition has been completed.
Brittany Ferries is the minority shareholder in the company. Last November, Columbia Threadneedle...
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By BL Global on
9 March 2020
Following the collapse of Flybe last week, there have been several announcements from other airlines about new routes for Channel Islanders.
Aurigny
Aurigny is launching two direct services from Guernsey to Birmingham and Exeter, with the Birmingham service running from 11 March and the Exeter ser...
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By BL Global on
9 March 2020
Jersey-based investment advisory business SaSo Strategic Advisers (SaSo) has appointed Peter Smart as Head of Investments, responsible for a new dealing and managing investment function within SaSo.
The appointment follows the granting of a full-service advisory, dealing and managing licence &ndash...
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By SaSo Strategic Advisers on
9 March 2020
The 2020 Citywealth Powerwomen Awards, presented in London this week to highlight female leaders across international financial centres, included several Gold award winners from the Channel Islands:
• Business Services (SME) – Kate Kirk, Ogier (pictured right with awards host M...
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By BL Global on
6 March 2020
Guernsey Finance has announced a new event – Sustainable Finance Week – which will focus on financing sustainability through private wealth portfolios.
The event, from 6 to 10 June, will bring together sustainable finance specialists, private wealth and family office professionals...
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By We Are Guernsey on
6 March 2020
• Define the purpose Every team has to have a reason for existence, from which many of the other ingredients will flow. For example, it may be to create something, or to create improvement or change. Just ‘doing’ something is not a very aspirational purpose to have. “Prov...
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By Alexander Garrett on
6 March 2020
Flybe has been taken into administration, with all flights grounded and the UK business ceasing trading with immediate effect. EY is handling the administration.
The collapse has been blamed on longstanding funding problems, recently compounded by the outbreak of coronavirus, which has reduce...
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By BL Global on
5 March 2020
Grant Thornton Channel Islands has appointed Andy Shaw to its Jersey tax team as a Senior Manager.
Andy joins the firm from UK accountancy and business advisory firm Anderson Anderson & Brown, where he has worked for much of the past 13 years. He has broad experience in UK taxation, focus...
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By Orchard PR on
5 March 2020
Corporate lawyer James Fox has joined Ogier as a Partner.
With more than 20 years’ experience of corporate legal work in the UK and Jersey, James has acted for clients in a large number of M&A and IPO transactions, as well as having experience in real estate investment structuring, fund f...
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By Crystal PR on
5 March 2020
Guernsey Finance has appointed Rupert Pleasant (pictured) as its new Chief Executive, replacing Dominic Wheatley, who is due to leave the role in June.
Rupert joins the promotional agency from Beauvoir Group, where he has been Acting Group Managing Director for the past year and a half.
He h...
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By We Are Guernsey on
4 March 2020
JTC has appointed Paul Fosse as Director of Banking, to lead the group’s banking services and support the growth of its treasury service line.
Taking up this new role, which forms part of JTC’s Commercial Office, Paul will work with the firm's partner banks, clients and treasury tea...
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By Crystal PR on
4 March 2020
In an exciting first year, the Royal Court’s examination of this developing area of law has been useful for international estate planning and reassuring to practitioners, says Donna Withers, Head of Probate and Wills, Bedell Cristin
The Capacity and Self-Determination (Jersey) Law 2016 had it...
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By Bedell Cristin on
4 March 2020
Guernsey employment law specialist Rachel Richardson has become Head of Employment at Ogier in Guernsey.
Rachel has served as Counsel at the firm since 2017, working across Guernsey, Jersey and London. She previously spent more than 15 years with Carey Olsen.
In her new role, Rachel will lead a te...
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By Ogier on
3 March 2020
Jersey Finance has launched a publication that focuses on the island's evolving relationship with Africa.
As well as illustrating Jersey’s longstanding relationship with the continent, the publication – Jersey’s Relationship with Africa: Political, Commercial and Cultural Conn...
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By Crystal PR on
3 March 2020
Fund and corporate services provider Aztec Group has appointed Peter Martin as a Non-Executive Director.
Peter has extensive board-level experience across private and public companies. He is currently Chairman of FutureGov and La Salle Education, and Non-Executive Director of Juniper Educatio...
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By Aztec Group on
2 March 2020
Three businesses with operations in the Channel Islands were honoured at this year’s Hedgeweek European Awards, which took place in London on 26 February:
• Crestbridge was named Best Regulatory Advisory and Compliance Firm.
• Vistra won the Best Offshore Hedge Fund Administrator ca...
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By BL Global on
2 March 2020
Jersey’s financial services industry has reported a strong end to 2019. Its funds sector has recorded an annual 8% increase in the value of assets serviced to reach another record high, while the banking sector has reported the highest level of deposits in more than six years.
According to Q4...
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By Crystal PR on
2 March 2020
The Bank of NT Butterfield & Son has announced three senior appointments in Guernsey.
Jane Pearce has become Group Head of Trust, subject to regulatory approvals. She replaces Bob Moore, who is retiring after more than 22 years with the company.
Jane most recently served as Reg...
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By Orchard PR on
2 March 2020
Intertrust has made three Director appointments in Jersey as part of an island-wide promotions round.
Ellen Chislett (pictured left), who has served as an Associate Director with Intertrust since 2005, becomes a Director in Capital Markets. Her earlier career also included five years wi...
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By Orchard PR on
2 March 2020
Combined total visitor spend in Guernsey during 2019 has been estimated at £145.9m, according to the States of Guernsey's latest Visitor Spend Survey Report.
According to the survey, the average spend per visitor travelling by ferry and air between April and September 2019 was £554 ...
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By States Of Guernsey on
2 March 2020