Against the backdrop of record growth in the catastrophe bond and insurance-linked securities (ILS) market, Guernsey is to stage its fourth annual ILS masterclass in Zurich in July to share industry expertise on emerging risk opportunity for ILS managers and investors.
The keynote speaker at ...
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By Orchard PR on
31 May 2017
Mourant Ozannes' litigation and corporate teams in Guernsey have resisted an appeal by Puma Brandenburg against the refusal by the Royal Court of Guernsey to sanction its scheme of arrangement.
The Guernsey Court of Appeal was highly critical of the scheme, describing the manner in which ...
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By Mourant Ozannes on
31 May 2017
Security solutions specialist West Sealand International has appointed a new Director to its Guernsey headquarters.
Nigel Dufty brings with him more than 30 years’ experience in the IT industry, including eight years as IT Director at Specsavers.
In addition, he is a Director for Guern...
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By Liquid on
31 May 2017
Hawksford has named Stephanie Rose as its new Global Head of Corporate services and Becci Newman as Director.
Stephanie will lead corporate services globally, while Becci will jointly lead the corporate services team in Jersey with Daniel Hainsworth.
Stephanie began her financial services car...
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By Liquid on
30 May 2017
Online publication eprivateclient has published its Top Trust Companies list for 2017, which features a number of Channel Islands businesses.
The list examines the UK and Crown Dependencies’ leading fiduciary service providers for private clients, based on a survey of more than 100 trust...
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By Orchard PR on
29 May 2017
BDO Greenlight has appointed Ben Thomasson to its change management team, where he will manage IT and system transformation projects across a range of clients.
Ben has over 20 years' experience in trust and company services operations and IT, and specialises in system implementation and t...
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By Direct Input on
29 May 2017
The Jersey Financial Crime Strategy Group (JFCSG) has agreed its priorities for 2017 to 2019, which include consideration of major policy and legislative changes for fighting financial crime in Jersey.
The JFCSG is responsible for coordinating the actions of the island to mitigate the risk of...
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By States of Jersey on
29 May 2017
Independent fiduciary, funds and corporate service provider JTC has confirmed its acquisition of Merrill Lynch Wealth Management’s International Trust and Wealth Structuring business (ITWS) subject to regulatory approvals.
The ITWS business provides the administration of trust services ...
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By Orchard PR on
26 May 2017
Two investment managers at Brooks Macdonald are the only Channel Islands-based professionals to feature in a list profiling new wealth talent, published recently by wealth management publication Citywire.
Isobel Whalley in Guernsey and Oliver Harwood in Jersey were named in the Top 30 Under 30: Cla...
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By Crystal PR on
26 May 2017
Dickinson Gleeson has advised LSE-listed Land Securities Group on its £332.5 million acquisition of a portfolio of three outlet centres from Hermes Investment Management.
The portfolio comprises Freeport Braintree in Essex; Clarks Village in Street, Somerset; and J32 in Castleford, Yorkshire,...
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By Dickinson Gleeson on
26 May 2017
SoftBank Group Corporation has selected Jersey for the structuring of its Vision Fund, working alongside law firm Carey Olsen and fund and corporate services provider the Aztec Group.
The SoftBank Vision Fund has raised over $93bn in committed capital, making it the world's largest invest...
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By Aztec on
24 May 2017
The Jersey Financial Services Commission (JFSC) has received an international award for its preliminary work to enhance the island’s Central Register of Beneficial Ownership and Control.
Presented by the International Association of Commercial Administrators (IACA), the Merit Award recognises...
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24 May 2017
With one year to go until the General Data Protection Regulation (GDPR) comes into force across the European Union on 25 May 2018, the Office of the Information Commissioner and Data Protection Commissioner is today launching a website that will give advice and guidance to help island businesses get...
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By Liquid on
24 May 2017
An academic who specialises in global corruption issues has urged policy-makers to stop trying to combat corruption by introducing new rules and spend more time determining the effectiveness of the regime already in place.
Speaking at the Jersey Finance Annual Private Wealth Conference 20...
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By Crystal PR on
23 May 2017
Baker & Partners has named Lynne Gregory as a new Senior Associate.
Lynne brings over 25 years of practical law expertise, covering a wide range of disciplines including litigation and regulatory compliance.
She began her law career in London, working in Baker McKenzie’s Disp...
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By Marcom Collective on
23 May 2017
Newly launched technology consultancy Comnexa, a sister company to communications agency Marcom Collective, has become a consulting partner for customer relationship management systems provider Salesforce in the Channel Islands.
Led by Managing Director Dan Williams, Jersey-based Comnexa is no...
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By Marcom Collective on
23 May 2017
Brian McCarthy, Managing Director of Jersey-based property investment and development company Le Masurier, has been appointed to the South East Regional Board of the Royal Institution of Chartered Surveyors (RICS) as a Non-Executive Director.
Brian previously served as a Non-Executive Di...
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By Freedom Media on
23 May 2017
Following China’s inaugural Belt and Road Forum in Beijing last week, Warwick Long, Head of Commercial Banking, HSBC Channel Islands and Isle of Man, highlights the significant opportunities this offers the Channel Islands
Announced by President Xi Jinping at Davos in January, China’s i...
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By Crystal PR on
22 May 2017
Carey Olsen's Jersey funds team has advised technology investment firm TempoCap on the establishment of a new investment vehicle, TempoCap 2S LP – one of the first Jersey Private Funds to be formed since the new regime’s introduction.
The fund is a closed-ended limited pa...
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By Orchard PR on
22 May 2017
In the first quarter of 2017, Crystal PR surveyed journalists at a range of media organisations across Guernsey, Jersey and the Isle of Man to get a better picture of their use of social media. Here are the highlights (per cent rounded to nearest whole number):
Using social media
• Our 2...
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By Crystal PR on
22 May 2017
The total number of petition filings across offshore jurisdictions fell 10 per cent in 2016 compared with the previous year, reflecting a continued levelling off since the high-point of 2013.
This was among the findings of law firm Appleby’s Snapshot: Review of 2016 Offshore Petition F...
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By Appleby on
22 May 2017
The value of funds being administered in Jersey rose to a record level at the end of 2016, according to the latest figures from Jersey Finance.
In the final quarter of 2016, the total value of funds serviced through Jersey rose by 15 per cent over the year to stand at £260bn (US$335bn), the h...
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By Crystal PR on
19 May 2017
Jersey-based cloud solutions provider Calligo has been selected to be part of the UK government’s G Cloud 9 Framework – a procurement platform designed to help public sector organisations seek guidance on cloud solutions, find accredited suppliers and create contracts digitally.
C...
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By Calligo on
19 May 2017
Guernsey-based fund services provider Vistra Fund Services was named winner of the Best Administrator – Small and Start-up Firms category at the recent HFM Week European Hedge Fund Awards in London.
Other businesses with a Channel islands presence deemed by the judges to have demonstrat...
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By Orchard PR on
18 May 2017
The Channel Islands Co-operative Society has reported a strong trading performance in 2016, which included the expansion and refurbishment of its retail and medial network.
The total turnover figure for the Society in 2016 was £172.05 million, 1.96 per cent up on last year. Its food business ...
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By Liquid on
18 May 2017
Ministers are planning to increase fees under the Control of Housing and Work Law to invest more in migration controls and skills development to support businesses.
The changes include new annual fees for businesses employing registered staff and employment agencies placing registered staff, ...
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By States of Jersey on
18 May 2017
The Q1 2017 Jersey House Price Index from Skipton International shows that the price of houses on the island has risen three per cent on the same period last year, taking the average price of a house to £465,000.
Lorraine McLean, Mortgage Sales Manager at Skipton International, said: &l...
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By Direct Input on
18 May 2017
Paul Dentskevich has joined Crestbridge as Risk Director within the Jersey Management Company.
Paul brings more than 28 years of financial services experience to the ManCo, specialising in risk management, investment management and corporate governance of hedge and other multi-asset ...
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By Crystal PR on
17 May 2017
The Jersey Chamber of Commerce June Lunch promises a more positive, market-based analysis of Brexit, exploring why Jersey businesses might feel confident about the UK leaving the European Union.
The event, to be held on Wednesday 14 June at the Royal Yacht Hotel, will include:
• The ratio...
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By Jersey Chamber of Commerce on
17 May 2017
This year’s CIPD Jersey Conference, THINK! – to be held on 6 July – will include speakers from the world of work and neuroscience.
The keynote speaker will be CIPD President Sir Cary L Cooper, professor of organisational psychology and health at Alliance Manch...
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By Wellbeing at Work on
17 May 2017
Appleby acted as local counsel to Genstar Capital as it enters into definitive agreements to recapitalise independent fund administrator Apex Fund Services and acquire Equinoxe Alternative Investment Services.
With the addition of Equinoxe, Apex will increase its suite of middle-office soluti...
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By Appleby on
16 May 2017
Skipton International has reported a record 41 per cent rise in deposits from customers in Jersey since May 2016, reflecting a growth in offshore savings from British expats around the world.
According to the Guernsey-registered bank, many expats have been taking advantage of the weak pound t...
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By Direct Input on
16 May 2017
Jersey was once again named International Finance Centre of the Year at the recent WealthBriefing European Awards – the island's fourth time in five years.
There were also award wins for businesses based, or with offices in, the Channel Islands:
• Offshore Law F...
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By BL Global on
15 May 2017
Industry and government were warned today that a rapid response is essential to ensure local businesses and residents are protected against the 'WannaCry' malware that has become a global epidemic.
Matt Palmer, Chair of the Channel Islands Information Security Forum, said: "Since...
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By Channel Islands Information Security Forum on
15 May 2017
Corporate services provider Vistra has announced the acquisition of the compliance division of Foster Raffan, a boutique chartered accounting firm based in Sydney, Australia.
Founded in the 1970s but operating under the current owners since 1995, Foster Raffan provides accounting and tax, audit and...
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By Nacelle on
15 May 2017
The Chief Minister of Jersey, Senator Ian Gorst, held an official meeting with Uhuru Kenyatta, the President of Kenya, in London on Friday.
The Chief Minister and President discussed ways to enhance the positive relationship between Jersey and Kenya. This included how to progress the re...
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By States of Jersey on
12 May 2017
The latest House Price Index for Q1 2017 shows house prices in Guernsey have risen by 4.4 per cent on the previous quarter and are 2.4 per cent up on the same period last year.
There were 163 local market transactions during the first quarter – up 34 (26 per cent) on the first quarter o...
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By Direct Input on
12 May 2017
C5 Alliance has invested in Garden Tags, a social network for gardeners currently used by more than 90,000 users worldwide.
C5 will provide technical and strategic expertise, and funding to support GardenTags’ development. This includes a scalability strategy to ensure it continues to g...
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By Marcom Collective on
12 May 2017
Four men have been arrested on suspicion of fraud in relation to the collapse of the Providence investment fund, according to reports from ITV.
The company was placed into administration by the Guernsey Financial Services Commission last August. All of the company's directors resigned, with the...
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By BL Global on
12 May 2017
Jersey small business owners can hear how other local businesses are benefiting from innovative technologies at an Enterprise Week event at the Hub on 16 May.
A collaboration between Digital Jersey, Jersey Business and Jersey Chamber of Commerce, this free-to-attend event – Three Te...
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By Marcom Collective on
12 May 2017
Crestbridge has provided a range of fund and corporate administration services in the establishment of Jersey-regulated fund EJF Investments and its listing on the Specialist Fund Segment of the London Stock Exchange.
A closed-ended investment company, EJF Investments is managed by an affilia...
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By Crystal PR on
11 May 2017
Capita Asset Services has made recent additions to its senior team in jersey, with James Bryant, Natalie Milroy (pictured) and Lisa Hyde all being promoted to Director level.
James joined Capita in 2008 and first worked in private clients before moving to the funds team in 2013. As Director of...
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By Capita on
11 May 2017
The Citywealth Magic Circle Awards, held in London last night, recognised the achievements of a number of individuals and businesses based in the Channel Islands.
Guernsey-based Elaine Graham, Head of Employer Solutions for Zedra, was named Woman of the Year, while Lisa Vizia, Director of Saf...
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By BL Global on
11 May 2017
The Jersey Chamber of Commerce has named Eliot Lincoln (pictured) as its next President during its annual general meeting this week.
Eliot, Managing Director of business consultancy BDO Greenlight, has served as Vice-President to outgoing Chamber President Kristina Le Feuvre since May 2015. He...
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By Jersey Chamber of Commerce on
10 May 2017
Skipton International has appointed Association of Guernsey Banks Chairman Mark Bright to its board as a Non-Executive Director.
Mark brings with him more than 40 years of experience in finance, managing banks in Guernsey, Jersey, Isle of Man, London and Bahrain. He recently retired from his ...
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By Direct Input on
10 May 2017
Equiom has announced the acquisition of Virtus Trust Group, a Guernsey-headquartered trust and corporate services provider with a presence in the Cayman Islands, New Zealand, UK and US, where it has a US public trustee licence in the state of South Dakota.
Founded in 2005, Virtus offers...
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By Equiom on
10 May 2017
Jersey Jet Centre has today launched a private air taxi service, Isle-Fly, based at Jersey Airport.
Providing a charter service for business and leisure travellers, Isle-Fly’s eight-seater Cessna aircraft is available to fly from today to destinations up to two hours from Jersey or Guer...
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By Orchid Communications on
10 May 2017
Guernsey Finance, the island’s offshore finance promotional agency, has announced the promotion of Kate Clouston to the position of Deputy Chief Executive.
Since starting with Guernsey Finance in 2015 as the agency’s first Director of International Business Development, Kate has b...
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By Orchard PR on
8 May 2017
Corporate services provider Aztec Group has established two Jersey Private Funds (JPFs).
Introduced last month by the Jersey Financial Services Commission, JPFs have been designed to rationalise and consolidate Jersey’s private fund regimes for funds offered to up to 50 professional in...
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By Aztec on
8 May 2017
Carey Olsen's Guernsey corporate lawyers have advised Pershing Square Holdings (PSH) in connection with the admission of its ordinary shares to the Official List of the UK Listing Authority, and commencement of trading on the Premium Segment of the London Stock Exchange (LSE).
PSH is an i...
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By Orchard PR on
8 May 2017
Asset management and private wealth management group Stenham has hired Matthew Bailey as an Associate Director within its investment team.
His focus will be on supporting Stenham Wealth Management, the investment advisory business established following Credit Suisse’s decision last year...
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By Stenham Group on
8 May 2017
Guernsey-based research and consultancy company Island Global Research – part of the BWCI Group – has appointed Lindsay Jefferies as its new Managing Director, taking over from Chris Brock.
Lindsay, who joined the business in 2016 as Deputy Managing Director, has extensive economi...
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By BWCI on
8 May 2017
Jersey-based Independent Strategic Group (ISG) has been accepted into the London Stock Exchange Group’s Elite community.
The Elite scheme is designed to help private companies prepare and structure for their next stage of growth, including access to training and the LSE’s business and f...
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By Direct Input on
8 May 2017
The latest issue of BL – the annual Wealth Edition – is now available online, and leads with a look back on 50 issues of the magazine, featuring a quote from every issue.
Nick Kirby, Editor-in-Chief of BL magazine, says: “It’s incredible to think that a magazine that s...
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By BL Global on
5 May 2017
The CEO of Philanthropy Impact, the Director General of the Jersey Financial Services Commission, the CEO of Digital Jersey, and the newly appointed Chief Officer - Financial Services, Digital and Enterprise at the States of Jersey are among the final group of speakers to be confirmed for BL Events&...
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By Babbe McCathie on
4 May 2017
Ravenscroft has reported a 52 per cent jump in revenue to £17.36m and grew assets under administration by 21 per cent to £2.87bn, according to its latest annual report.
The Channel Islands-based stockbroker and investment management business saw revenue rise by nearly £6m ye...
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By Liquid on
4 May 2017
Blue Islands has launched an inter-island schedule timing consultation survey, initially aimed at business travellers, to gain a consensus view on if and how flight timings could be adjusted to best meet the needs of the inter-island market.
In March, Blue Islands announced it would deploy a larger...
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By Blue Islands on
4 May 2017
The International Finance Centre of Guernsey is introducing a modern supervisory framework for pensions, bringing its regulatory regime into line with international standards and enabling Guernsey firms to bring regulated international pension products to market.
The new re...
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By Orchard PR on
4 May 2017
The Jersey-based Tupper Loan Company (TLC) has appointed Georgina Diniz to the newly created role of Business Development Manager.
Georgina has worked in the personal finance industry in Jersey for more than 16 years. Prior to joining Tupper, she worked as Client Support Manager at AutoCredit, befo...
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By Edge Media on
4 May 2017
Five individuals representing the private and voluntary sectors in Jersey have been recognised for their leadership qualities and achievements at the 2017 Jersey Director of the Year Awards, organised by IoD Jersey.
The full list of winners is:
• Director of the Year for a Small Organisation: ...
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By IoD on
4 May 2017
Channel Islands creative and digital agency Oi has won a Chartered Institute of Marketing (CIM) award for its Visit Jersey summer 360° campaign.
The organisation picked up the prize for Best Brand Building Campaign for SMEs at the recent CIM Marketing Excellence Awards in London.
Launche...
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By Oi on
4 May 2017
Laura Morel has joined Jersey-based public relations company Direct Input as an Account Manager.
Laura joins the PR agency having spent more than 14 years working in the finance industry in Jersey. She brings with her a range of technical knowledge, having held senior roles in funds, trust and corp...
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By Direct Input on
4 May 2017
Corporate services provider Sanne has made three senior appointments – Anton Seatter as Director, Corporate & Private Client; Mark Fleming as Director, Private Client; and Daniel Pringle as Director, Private Client.
Based in Sanne’s London office, Anton will rep...
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By Liquid on
3 May 2017
The International Stock Exchange (TISE) has introduced Channel Islands and Isle of Man segments of its Official List.
The market segments have been launched to boost the profile of TISE-listed trading companies operating from the Channel Islands and the Isle of Man.
Fiona Le Poidevin, ...
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By TISE on
3 May 2017
Collas Crill has for the second time advised the Darwin Group on the launch of a Guernsey fund, which has raised approximately £100 million in capital at launch.
The Darwin Leisure Development Fund is a new alternative investment proposition for UK local authority pension schemes seeki...
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By Collas Crill on
3 May 2017
The total value of private equity business in the international finance centre of Guernsey has surpassed £100bn for the first time.
Figures from the Guernsey Financial Services Commission show that the net asset value of private equity funds under management and administration in the is...
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By Orchard PR on
3 May 2017
Offshore law firm Appleby has appointed Alison MacKrill as a Partner in the group’s Guernsey office, adding to its private clients and trusts team.
Alison has worked in Guernsey for the past 14 years and has broad legal experience in trust advisory work, employee share schemes, commercial tru...
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3 May 2017