Business News Archive

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November  2017  (60)

  • ABN Amro appoints Investment Manager

    Mariana KostadinovaABN Amro Channel Islands has appointed a new investment manager, based in Guernsey.  Mariana Kostadinova, who has a background in investment analysis and fund research, will manage a range of client discretionary portfolios, using both the classic (direct holdings) and multi-manager (fund of f...     [read more]

    By Liquid on  30 November 2017 
  • Strong CI presence among Top 200 Powerwomen

    citywealth logoThe Channel Islands have once again dominated the Citywealth 2017 IFC Powerwomen Top 200 list, with 35 influential women named from Guernsey and 52 from Jersey.  The list has been compiled from a number of sources. Part of the research was generated by last year’s list and the 2017 editi...     [read more]

    By Citywealth on  29 November 2017 
  • Beijing and Guernsey form captive insurance joint venture

    We Are Guernsey logoBeijing Airport Captive Management Consulting (BACM) has established a joint venture with Guernsey-based insurance manager Alternative Risk Management (ARM). The partnership will see ARM assist and work alongside BACM in the creation of captive structures and the provision of captive management ser...     [read more]

    By Orchard PR on  29 November 2017 
  • Whitmill expands into Middle East

    Whitmill logoJersey-based trust group Whitmill has opened an office in Dubai, which means it becomes a member of local trade and enterprise hub the Dubai Multi Commodities Centre (DMCC).  Whitmill Middle East DMCC will specialise in the formation, management and administration of Dubai offshore and fr...     [read more]

    By Suzanne le Lay on  29 November 2017 
  • BDO Greenlight appoints Senior Consultant

    Graham Kybett_BDOGraham Kybett has joined BDO Greenlight as a Senior Consultant to work on a variety of change projects within the finance sector.   With over 15 years’ experience in banking, Graham joins the firm from RBSI, where he has worked across private, retail, corporate banking and markets, most r...     [read more]

    By Direct Input on  29 November 2017 
  • Jersey announces Internet of Things investment

    States of Jersey logo 2017The government of Jersey has approved a non-recurring budget transfer of up to £449,000 to enable Digital Jersey to establish the island as an Internet of Things (IoT) testbed. Digital Jersey will use the funds to set up an IoT Lab, promoting the growth of the local digital sector a...     [read more]

    By States of Jersey on  28 November 2017 
  • Collas Crill advises HNW syndicate

    Collas Crill has advised on the purchase of Royal Bank Place in Guernsey by a group of high-net-worth investors. As legal advisers for the purchase team, Collas Crill provided expertise from its commercial, banking and property teams to help guide the project to purchase the commercial pr...     [read more]

    By Collas Crill on  28 November 2017 
  • CI firms win at Gold Standard Award

    Gold Standard Awards 2017Financial services businesses with operations in the Channel Islands were among the winners at the annual Investment Week Awards held at the House of Commons recently. Discretionary Fund Management awards went to Quilter Cheviot Investment Management, Brooks Macdonald, Brewin Dolphin and Rathbone I...     [read more]

    By BL Global on  28 November 2017 
  • Stanley Gibbons (Guernsey) goes into administration

    AIM-listed company Stanley Gibbons’ postage stamp investment business, based in Guernsey, has gone into administration and has ceased trading with immediate effect. According to a report in the Mail Online, the Guernsey-based subsidiary is in possession of £12.6 million worth of ra...     [read more]

    By BL Global on  27 November 2017 
  • Bedell Cristin advises WisdomTree

    Bedell Cristin logoTeams from Bedell Cristin’s London and Jersey offices have advised WisdomTree Investments in its acquisition of ETF Securities’ European exchange-traded commodity, currency and short and leveraged business, which includes $17.6bn of assets under management.  Under the terms of the ...     [read more]

    By Crystal PR on  27 November 2017 
  • Carey Olsen and IAG advise on healthcare fund

    careyolsen logo_2017Carey Olsen's investment funds team in Guernsey and International Administration Group (IAG) have advised Octopus Healthcare, part of the Octopus Group, on the initial fundraise of £82 million for its latest institutional fund, following conversion to a perpetual life vehicle in the form o...     [read more]

    By Orchard PR on  27 November 2017 
  • Deloitte to hold real estate seminars

    Deloitte’s annual Real Estate Breakfast Seminar, to be held on consecutive days in Jersey and Guernsey, will put the UK commercial property market in the spotlight.   The free-to-attend event includes a valuation and market update by Deloitte UK’s real estate team, covering the late...     [read more]

    By Black Vanilla on  24 November 2017 
  • Capricorn acquires stake in RAW

    RAW logoCapricorn Capital Partners has led a group of investors to acquire a ‘significant’ equity stake in Guernsey-based asset management company RAW Capital Partners.  As part of the transaction, the company has secured initial multimillion-pound investment in the RAW Mortgage Fund and R...     [read more]

    By The Big Idea on  24 November 2017 
  • Chief Ministers meet EU decision-makers

    Ministers and MoscoviciThe Chief Ministers of Guernsey and Jersey have concluded two days of meetings in Brussels with the ambassadors of Germany, Austria, Portugal and Malta; Pierre Moscovici, European Commissioner for Economic and Financial Affairs, Taxation and Customs; and members of the European Parliament from the U...     [read more]

    By States of Jersey on  24 November 2017 
  • Carey Olsen advises Polygon on Jersey acquisition

    careyolsen logo_2017Carey Olsen has acted for Polygon Properties in relation to its acquisition of commercial office premises at 5 Anley Street, St Helier, Jersey.   The property, near the International Finance Centre, is fully tenanted and comprises just under 9,500 square feet of purpose-built office accommodati...     [read more]

    By Orchard PR on  24 November 2017 
  • Chinese insurer launches Guernsey business

    We Are Guernsey logoBeijing-based Brilliant Reinsurance Brokers has launched an operation in Guernsey.   The firm – Brilliant Reinsurance (Guernsey) – is managed on the island by Alternative Risk Management (ARM) and will focus on business retroceded from the Lloyd’s of London market.&n...     [read more]

    By Orchard PR on  23 November 2017 
  • EY highlights UK Budget impact on Channel Islands

    Wendy MartinWendy Martin, EY’s Channel Islands Head of Tax, highlights the key points from the 2017 Autumn Budget that will have an impact on the Channel Islands   On the face of it, UK Chancellor Philip Hammond’s Budget seemed to be a boring budget with little impact on the Channel Islan...     [read more]

    By EY on  23 November 2017 
  • Family law firm launches in Jersey

    Victoria MyersonA boutique family law firm – Myersons – has opened in Jersey. Founded by Advocate Victoria Myerson, its team of local Advocates also includes Carly James and Celanne Scally. The three women have previously worked together for more than seven years under the Appleby brand, where Advocate...     [read more]

    By Refinery on  23 November 2017 
  • CRS updates published

    The Jersey tax authorities have published amended regulations and guidance notes relating to the Common Reporting Standard (CRS).   The amendments to the regulations include: • Aligning the definitions to those published in the Common Reporting Standard for Automatic Exchange of Informatio...     [read more]

    By EY on  22 November 2017 
  • Julius Baer makes senior promotions in Guernsey

    Stephen BurtPrivate bank Julius Baer has appointed Stephen Burt as Branch Manager and Jon Burrows as Chief Risk Officer in the Guernsey office. Stephen will now lead Julius Baer’s Guernsey team, having been promoted from Chief Risk Officer and interim Branch Manager.  Since joining the business in ...     [read more]

    By Liquid on  22 November 2017 
  • 2018 Chambers UK rankings released

    chambers logoChambers has released its UK guide for 2018, which provides updated rankings of law firms in the Channel Islands across several practice areas: JERSEY Offshore: Corporate & Finance Band 1: Carey Olsen, Mourant Ozannes, Ogier  Band 2: Appleby, Bedell Cristin Band 3: Walkers Offshore: Disp...     [read more]

    22 November 2017 
  • Brewin Dolphin hires new manager

    Bianca JacquesInvestment management firm Brewin Dolphin has appointed Bianca Jacques as Business Development Manager.    Bianca will be working in the Jersey office, promoting the company’s investment management services to the intermediary community in the Channel Islands. With over 10 years&rsq...     [read more]

    By Brewin Dolphin on  22 November 2017 
  • Advocate launches Jersey law firm

    Nicholls law logoA new Jersey law firm has been set up, specialising in litigation and dispute resolution work.  Advocate Paul Nicholls, who formerly led the litigation and dispute resolution department of Walkers, has established Nicholls Law. He commented: “My aim is to offer a combination of accessib...     [read more]

    By Suzanne le Lay on  21 November 2017 
  • BKR honours Guernsey trust specialist

    Tim Lowe_AwardTim Lowe, a Director at Guernsey-based Avenue Trust with more than 25 years trust experience, has been awarded the BKR International Chairman’s Award for outstanding leadership and dedicated service to the association's Trust Management Services Specialist Practice Group. BKR Internationa...     [read more]

    By BWI on  21 November 2017 
  • HSBC CEO named among 100 Women to Watch

    TracyGarrad_awardTracy Garrad, CEO of HSBC Channel Islands and Isle of Man, is the only Crown Dependency representative to be featured in a list recognising the top business women across the UK. Tracy has been named in the Cranfield Female FTSE Board Report’s national 100 Women to Watch list, published t...     [read more]

    By Crystal PR on  21 November 2017 
  • Quadra hires Creative Director

    SteveTan_QuadraSteve Tan has joined Jersey-based agency Quadra as Creative Director. Steve has relocated to Jersey from Singapore and brings more than a decade’s creative experience with brands including IBM, Honda, Etihad Airways, HBO, BMW, Mini, MasterCard and American Express.  Steve has spent...     [read more]

    By Quadra Digital on  21 November 2017 
  • BCR adds to Advocate team

    EmmaWakeling_BCRAdvocate Emma Wakeling has joined BCR Law, increasing the number of its Jersey-qualified lawyers to 10. Emma was called to the English Bar in 2009 and qualified as a Jersey Advocate in 2012, specialising in family and criminal law.  She will maintain an interest in criminal advocacy, but will...     [read more]

    21 November 2017 
  • Funds masterclass to explore post-Brexit opportunities

    We Are Guernsey logoThe upcoming Guernsey Funds Masterclass, to be held in London in February, will explore the opportunities ahead despite the current Brexit-fuelled uncertainty. As divorce negotiations continue, it looks increasingly likely the UK will be outside the EU trading block after the separation, which coul...     [read more]

    By Orchard PR on  20 November 2017 
  • Jersey scores top marks on tax transparency

    States of Jersey logo 2017Jersey has been given the highest possible rating by the international body responsible for assessing jurisdictions’ compliance with global standards on tax transparency and information exchange. A report by the OECD’s Global Forum on Transparency and Exchange of Information on Tax Matt...     [read more]

    By States of Jersey on  20 November 2017 
  • Intertrust and Collas Crill assist in London property deal

    Intertrust logoIntertrust and Collas Crill have assisted Riverside Capital with the purchase of 197-205 City Road, east London, a mixed-use asset in the capital’s Tech City. The property will be held by the fifth cell of the flagship protected cell company, Riverside Capital PCC.   Riverside Capital is ...     [read more]

    By Orchard PR on  20 November 2017 
  • Guernsey Finance to hold industry update

    We Are Guernsey logoGuernsey Finance stakeholders have the opportunity to learn more about the promotional agency’s plans, as well as Guernsey’s relationship with the City of London, at its annual industry update in January. Miles Celic, Chief Executive of TheCityUK – the representative body champion...     [read more]

    By Orchard PR on  20 November 2017 
  • Jersey wins International Finance Centre Award

    Jersey Finance lionJersey has won the International Finance Centre – Editor’s Award at the WealthBriefing GCC Region Awards 2017.  The awards ceremony, held recently at the Taj Dubai, recognised companies, teams and individuals deemed to have demonstrated innovation and excellence during 2017. T...     [read more]

    By Jersey Finance on  20 November 2017 
  • JTC supports listing of UK investment vehicle

    New JTC logoJTC Fund Services has provided management, company secretarial, fund accounting and administration services in relation to the admission to trading in London of a £100 million investment vehicle focused on supermarket real estate assets across the UK. Supermarket Income REIT, a property inves...     [read more]

    By Crystal PR on  20 November 2017 
  • Alter Domus to acquire US investment services firm

    AlterDomus logoFund and corporate services provider Alter Domus has signed an agreement to acquire US-based Cortland Capital Markets Services.  The terms of the transaction have not been disclosed and the transaction is subject to regulatory approvals and other closing conditions. Headquartered in Chicago a...     [read more]

    By Alter Domus on  16 November 2017 
  • Jersey house prices continue steady growth

    Skipton castleThe latest House Price Index provides good news for the Jersey property market, with house prices continuing to rise.     The average price of homes sold during the third quarter of the year rose a further one per cent from last quarter and was two per cent higher when compared with the sa...     [read more]

    By Direct Input on  16 November 2017 
  • Collas Crill lawyer qualifies as Jersey Advocate

    Nick MarshallNick Marshall, a Senior Associate at Collas Crill, has qualified as a Jersey Advocate. Following the completion of his exams and a two-year period working for the local law firm, Nick Marshall was sworn in before the Royal Court of Jersey earlier this month.  Based in Collas Crill's fiduc...     [read more]

    By Collas Crill on  16 November 2017 
  • ICSA Guernsey Awards 2017 winners announced

    ICSA - new logoThe winners of the ICSA: The Governance Institute’s 2017 Guernsey Awards were announced last week at The Old Government House Hotel:   • Company Secretary of the Year: Nikolett Mezei, Carey Group • Corporate Services Team of the Year: Aztec Financial Services (Guernsey) • C...     [read more]

    By ICSA on  15 November 2017 
  • Jersey reports on pension fund investment

    Jersey Finance lionPension fund investment through Jersey is supporting the futures of almost 60 million people around the world, according to new research published by Jersey Finance.  Undertaken by consultancy Europe Economics, the research – Jersey for Institutional Investing: A Clear Choice – loo...     [read more]

    By Crystal PR on  15 November 2017 
  • Intertrust appoints Associate Director

    ChrisBowden_IntertrustCorporate services provider Intertrust has appointed an Associate Director to its corporate services team in Jersey.   Chris Bowden joins the company from Vistra, bringing 19 years’ experience in the trust and corporate services sectors.   In his new role, Chris will look after a por...     [read more]

    By Orchard PR on  15 November 2017 
  • Sancus makes Guernsey appointment

    ChrisTaylor_newChris Taylor has been appointed Business Development Manager at alternative finance firm Sancus BMS Group. Chris will report to Managing Director Matt Watson in the Guernsey office and will be responsible for generating new business opportunities and managing client relationships for Sancus on the ...     [read more]

    By Sancus on  14 November 2017 
  • Chamber Lunch to focus on Gen-Z strategy

    Jersey Chamber of Commerce logoThe Jersey Chamber of Commerce will be holding its final Chamber Lunch of 2017 on 13 December. The event – ‘Jersey needs a Gen-Z Strategy, and Retail and Fashion Tourism is the answer!’ – will be held at the Royal Yacht Hotel and features as its guest speaker Tessa Hartm...     [read more]

    By Jersey Chamber of Commerce on  14 November 2017 
  • PR agency Oi adds to Guernsey team

    Jess_Mauger_OiChannel Island marketing, PR and digital agency Oi has made two new hires in Guernsey.  Jess Mauger (pictured) joins as an Account Manager. She brings with her over 15 years’ experience in marketing and PR after nine years at telecoms provider Sure as Marketing and PR Manager.  Jes...     [read more]

    By Oi on  14 November 2017 
  • Ravenscroft acquires BullionRock

    Ravenscroft thumbnailStockbroking and investment management company Ravenscroft is to acquire Guernsey-based precious metals business BullionRock for an undisclosed sum.  The deal will see BullionRock founder Robin Newbould returning to Ravenscroft after a six-year break – he helped establish the business mo...     [read more]

    By Ravenscroft on  13 November 2017 
  • Voisin lawyer sworn in as Advocate

    Kate Anderson Voisin LawKate Anderson, an English solicitor with Voisin Law, has been admitted as an Advocate to the Royal Court of Jersey. Kate has been with the local law firm for 19 years. An experienced corporate and commercial lawyer, she has a wealth of experience acting for local and international clients...     [read more]

    By Suzanne le Lay on  13 November 2017 
  • Collas Crill adds to corporate and commercial team

    DAVID-WALTERS_CollasCrillCollas Crill has appointed David Walters as an Associate within its corporate and commercial team in Jersey. David has a wide range of experience in advising fund managers, administrators and financial institutions, and has advised on the fund raises of international buyout funds, real estate ...     [read more]

    By Collas Crill on  13 November 2017 
  • Information Commissioner to leave post

    Emma MartinsPan-island Information Commissioner Emma Martins is to leave her post in March 2018, prompting a rethink in Jersey and Guernsey on how the role will be taken forward.  Emma Martins took responsibility for data protection in Jersey in 2004, providing leadership during a peri...     [read more]

    By States of Jersey on  10 November 2017 
  • Louvre Group forms Middle East alliance

    Louvre Group logo 2017Guernsey-headquartered Louvre Group has formed a strategic alliance with legal and corporate services firm M/HQ Dubai to enhance its specialist fiduciary services offering from the United Arab Emirates. The partnership will enable both parties to provide a broader range of services to clients. M/HQ...     [read more]

    By BL Global on  10 November 2017 
  • Walkers acts in Dutch transaction

    Walkers LogoThe Jersey office of Walkers has advised Arzan Wealth (DIFC) and Amsterdam-based asset management services firm Equity Estate in establishing Hill Top 3 – an investment structure for the acquisition of the office building occupied by research council NWO in The Hague.  The investment str...     [read more]

    By Walkers on  10 November 2017 
  • Channel Islands respond to Paradise Papers

    BL49 issueLeading figures across the Channel Islands have issued robust responses to recent media coverage of the so-called Paradise Papers, following the release of information from files belonging to law firm Appleby in Bermuda. Guernsey's Chief Minister, Deputy Gavin St Pier (right) “The govern...     [read more]

    By BL Global on  9 November 2017 
  • NWH MD becomes global chief

    Charlotte Denton_NWHPrivate client wealth manager Charlotte Denton has been named as the new Global Chief Executive Officer of NWH Global, formerly Newhaven. Having led the Guernsey office since January this year and overseen the rebranding of the business, Charlotte will now assume responsibility for the global opera...     [read more]

    By Orchard PR on  9 November 2017 
  • Startup Guernsey holds Entrepreneur Week events

    Startup Guernsey logoStartup Guernsey has organised a series of events and workshops from 13-17 November to mark Global Entrepreneurship Week.   This includes a range of events at the Digital Greenhouse, including: • Speed networking – thebestof Guernsey • Wordpress workshop – AB Design &bull...     [read more]

    By Liquid on  8 November 2017 
  • Jersey releases Appleby data breach statement

    States of Jersey logo 2017The Government of Jersey has made the following statement in response to recent allegations made in the so-called Paradise Papers, following a law firm data breach: Jersey does not want abusive tax avoidance schemes operating in the island and expects financial services providers to abide by a volu...     [read more]

    By States of Jersey on  7 November 2017 
  • BL to launch a Channel Islands and City magazine

    BL magazine logoBL Global is set to launch a new title which will focus on the link between the Channel Islands and the City of London.  The magazine will be published at the end of May 2018, and 80 per cent of the print run will be distributed to financial institutions and locations in the City. The new pub...     [read more]

    By BL Global on  6 November 2017 
  • Management buyout at BNP Paribas Real Estates

    D2 logoThe management team of BNP Paribas Real Estates (Jersey) has completed a management buyout of the business. The company, which will rebrand as D2 Real Estate, will continue to be led by the current management team of Phil Dawes (pictured) and Chris Daniels, who will be supported by a consortium of ...     [read more]

    By Suzanne le Lay on  6 November 2017 
  • Citywealth honours CI leaders

    citywealth logoThis year’s Citywealth Future Leaders Awards, held in London last week, paid tribute to emerging leaders in the wealth sector aged under 40.  The following companies and individuals, which are based or operate from the Channel Islands, were among the winners: • Lawyer of ...     [read more]

    By Citywealth on  6 November 2017 
  • Bedell Cristin advises on acquisition

    Bedell Cristin logoBedell Cristin has advised US private equity investment firm Leonard Green & Partners (LGP) on its acquisition of intellectual property management and technology group CPA Global. CPA Global was founded in Jersey in 1969 and now serves customers in 200 jurisdictions. The group specialises ...     [read more]

    By Bedell Cristin on  2 November 2017 
  • Fund report reveals booming year for Jersey

    Monterey Insight logoNew findings from fund research company Monterey Insight highlight a booming year for the Jersey fund sector. The 23rd annual Monterey Jersey Fund Report shows that fund assets serviced in Jersey raised $346.5bn at the end of June 2017, up 14.7 per cent from 2016.  The number of serviced...     [read more]

    By Monterey Insight on  1 November 2017 
  • Budget focus at next Chamber Lunch

    Jersey Chamber of Commerce logoThe Jersey Chamber of Commerce is to hold its next lunch event – entitled 'Funding Our Future: Budget 2018 builds on our Financial Plan 2016-19' – on 8 November at the Pomme D'Or Hotel. The guest speaker will be Senator Alan Maclean, Minister in the Treasury and Resourc...     [read more]

    By Jersey Chamber of Commerce on  1 November 2017 
  • Commission increases 2018 licence fees

    GFSC logoThe Guernsey Financial Services Commission has confirmed that it will apply an increase of three per cent across all sectors for 2018, not including anomalies. Anomalies include a flat fee of £2,000 for change of controller applications, which will be introduced under the Insurance Managers a...     [read more]

    By Guernsey Financial Services Commission on  1 November 2017 
  • New Account Director at Direct Input

    Julien Morel_DIJulien Morel has been promoted to the post of Account Director at Channel Islands communications agency Direct Input.   In his new role, Julien will take a lead in the day-to-day management of the firm’s PR accounts, helping DI’s clients to communicate in a timely and effective way....     [read more]

    By Direct Input on  1 November 2017 

« October 2017December 2017 »

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