Carne Group, a provider of governance and AIFMD solutions to the alternative investment industry, has received authorisation from the Jersey Financial Services Commission for an independent AIFMD-compliant management company in the Channel Islands.
The new management company has become immediately ...
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By Carne Group on
31 October 2014
Funds and corporate services provider Alter Domus has opened a new office in Dusseldorf, Germany.
Leading the team at Alter Domus Deutschland is Jörg Stuckart who will take on the role of Country Executive Germany. Jörg brings with him a wealth of experience and expertise in the banking a...
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By Alter Domus on
30 October 2014
Guernsey and Jersey have signed a multilateral competent authority agreement, which takes a further step toward the implementation of a new single global standard for automatic exchange of taxpayer information.
Representatives from both Channel Islands joined with other members of an ‘Early A...
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By Businesslife.co on
30 October 2014
The funds special edition of businesslife.co is now available online.
The November/December issue weighs in at 116 pages and includes a broad range of funds-related topics, including:
• A review of the Channel Islands' funds industries
• Where Jersey and Guernsey's competition is ...
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By Businesslife.co on
29 October 2014
Major South African banking group, FirstRand, is to open a Guernsey branch.
The Guernsey Financial Services Commission (GFSC) has issued a deposit-taking licence to FirstRand Bank's Guernsey branch. The new banking operation will trade as FNB Channel Islands and will launch formally next year.
...
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By Orchard PR on
28 October 2014
Ogier in the British Virgin Islands and Jersey has advised Seven Energy International and its group on an issue of US$300 million aggregate principal amount 10¼ senior secured notes due 2021.
The notes, which are listed on the Irish Stock Exchange's Global Exchange Market, were issued by...
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By Ogier on
28 October 2014
The Guernsey Financial Services Commission (GFSC) has appointed Michael Blair QC as President of its panel of Senior Decision Makers, which has recently been established to sit and determine the Commission’s major enforcement cases.
Michael is a specialist in financial services and financial ...
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By Orchard PR on
28 October 2014
A limited number of final places are available for Businesslife Events' Guernsey Trust Conference: ‘Trust is only the beginning’.
The event, which is sponsored by AO Hall and supported by Microgen, will take place from 9am-2.30pm on Wednesday 5 November at the Duke of Richmond Hotel...
[read more]
By Businesslife.co on
28 October 2014
Four of Collas Crill's private client specialists have made the latest edition of Who's Who Legal's Private Client List.
In Guernsey, Angela Calnan and Christian Hay are among those nominated by peers as the best in their field. The guide notes Christian Hay is a leading figure in the c...
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By Collas Crill on
28 October 2014
John McGuinness, Headmaster of Grainville School in Jersey, has been named Public/Third Sector Director of the Year in this year's national IoD Director of the Year Awards. John was also ‘highly commended’ for the Overall Director of the Year award.
In addition, Chris Clark, CEO of ...
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By Adam Riddell, Crystal PR on
27 October 2014
Ashburton Investments has announced a series of Board appointments and promotions within its investment team in Jersey.
Tristan Hanson, Head of Asset Allocation, and Jonathan Schiessl, Head of Equities, have both been appointed to the Board of Ashburton (Jersey), whilst Alan le Maistre and Craig Fa...
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By Adam Riddell, Crystal PR on
27 October 2014
Elian has made three Associate Director appointments in the company’s Real Estate, Private Equity and Corporate Services teams.
Mark Lindsay has joined Elian Corporate Services and will lead the Tailored Awards team. Mark has nine years’ experience advising employers and trustees on var...
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By Liquid on
27 October 2014
Graeme Smith has been appointed as Chief Executive Officer of Jersey Business - he also becomes a Director of the Board.
Graeme has over 25 years' experience as a senior banker, having worked at NatWest and RBS International. He moved to Jersey in 2003 with RBS International and headed up a tea...
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By ORCHID on
24 October 2014
RUBiS in the Channel Islands has appointed Nicolas de Breyne as its new Managing Director, succeeding Arnaud Havard who has moved to a new role within the RUBiS global group.
Nicolas has worked in the petroleum industry for his entire career, first with Shell and for the past four years with the RU...
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By ORCHID on
24 October 2014
JTC Group has added to its private client capabilities in Switzerland through two senior appointments at its office in Geneva – Jonathan Kirby who joins as Managing Director, and Sebastien Hayoz as Director of Private Client Services
In his new role at JTC, Jonathan (pictured) will focus on l...
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By Adam Riddell, Crystal PR on
24 October 2014
Carey Olsen has advised existing client Kennedy Wilson Europe Real Estate (KWERE) on its secondary equity issuance, which raised £351.5 million (through a firm placing, and placing and open offer).
KWERE is a closed-ended collective investment fund incorporated in Jersey that invests primaril...
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By Orchard PR on
23 October 2014
Fairway Trust ihas appointed Denize Mitchinson as Trust Manager. She will head up the private client team and brings to over 28 years of experience to the role from within the trust and banking sectors.
In her new role as Trust Manager, Denize will be responsible for the day-to-day management of a ...
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By Fairway Group on
23 October 2014
Updated: 30 October 2014.
A number of Channel Island law firms have featured highly in the International Financial Law Review (IFLR) 1000 – a guide to the world's leading financial law firms. IFLR1000 provides tiered rankings across markets, regions and practice areas from research based o...
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By Businesslife.co on
22 October 2014
Offshore law firm Mourant Ozannes has appointed Tim Morgan as a Partner in its funds practice.
An expert in the specialist funds and offshore corporate space, Tim qualified as an English Solicitor with Taylor Wessing and, following a period at PwC Legal in London, spent three years in-house at Dres...
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By ORCHID on
22 October 2014
International trust and corporate services provider, Equiom, has appointed Andrew Halsall as FATCA and Regulatory Reporting Manager.
The new position has been created in response to the increasing complexity of requirements around FATCA and the Common Reporting Standard and is intended to en...
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By Equiom on
22 October 2014
JTC Group has acquired a 20 per cent stake in Kensington Trust Group (KTG), having previously entered into a strategic alliance with the company in May 2013.
The acquisition will give JTC enhanced access to the Asian market through KTG’s network and give reciprocal access to KTG via JTC’...
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By Adam Riddell, Crystal PR on
22 October 2014
Web technology and digital marketing agency Switch Digital has completed its acquisition of BlueBox Creative.
The acquisition sees experienced web developers Daniel Lightfoot and Jack Pallot join the now-seven-strong Switch Digital team based at Spectrum in Gloucester Street, St Helier.
Damon East...
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By Ruby PR on
21 October 2014
Justin Oliver has been promoted to Deputy Chief Investment Officer at Canaccord Genuity Wealth Management in Guernsey.
In his new role, Justin will provide direct assistance to the Chief Investment Officer in maintaining responsibility for the Canaccord Genuity Wealth Management investment philosop...
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By Orchard PR on
21 October 2014
Dominic Wheatley has been appointed as Chief Executive of Guernsey Finance. He will assume his role on 1 December, replacing Fiona Le Poidevin who is leaving to head up the Channel Islands Securities Exchange.
Dominic has more than 25 years’ experience in the international financial services ...
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By Orchard PR on
21 October 2014
Cherith Fothergill has joined Hawksford as Marketing Manager with responsibility for the planning and implementation of the independent wealth structuring group’s marketing activities.
Cherith joins Hawksford from the Royal Bank of Scotland in London where she worked for three years, most rec...
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By Liquid on
20 October 2014
A cross-jurisdictional Ogier team has advised Friends Life Group on the £317 million sale of the entire share capital of its wholly-owned subsidiaries Lombard International Assurance and Insurance Development Holdings (jointly Lombard) – the company's pan-European specialist in estat...
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By Ogier on
20 October 2014
Bohemia Restaurant in Jersey has been named one of the best restaurants in the UK in yesterday’s Sunday Times Top 100 Food List.
The Michelin-starred restaurant was ranked 74th on the list and is the only eatery in the Channel Islands to make it into the top 100.
The Sunday Times&...
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By Luxe PR on
20 October 2014
Augentius has received authorisation from the Ministère des Finances, Luxembourg, to act as an authorised depositary to private equity and real estate funds in accordance with the Alternative Investment Fund Managers Directive (AIFMD).
“Luxembourg is an important domicile for us,&rdquo...
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By David Bailey, Augentius Depositary on
20 October 2014
Kinetic Partners, the global professional services firm, has released new research showing that 70 per cent of lawyers polled expect enforcement and compliance to be the most likely cause for litigious action in the financial services industry over the next year. This was followed by insolvency and ...
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By Businesslife.co on
20 October 2014
TheCityUK’s October 2014 London Employment Survey, released today, reveals employment in financial and related professional services in London reached a record high of 703,900 in June 2014, 11 per cent above the low seen in 2010 and nearly two per cent above the pre-crisis peak in 2007. Optimi...
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By Businesslife.co on
20 October 2014
Carey Olsen has been included in the 2014 Financial Times Innovative Lawyers report for a ground-breaking Jersey case involving a request for information under a tax information exchange agreement (TIEA).
The FT report, which is based on activity in the European legal market, 'commended' Ca...
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By Orchard PR on
20 October 2014
The Group of International Finance Centre Supervisors (GIFCS) has issued a new Standard on the Regulation of Trust and Company Service Providers ('TCSPs').
The Standard, the first of its type, introduces a new minimum benchmark for businesses administering international trusts and companies...
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By GIFCS on
17 October 2014
Simon Le Tocq has been appointed as the new Chief Executive for the GTA University Centre.
Simon, who is currently the GTA’s Deputy Chief Executive, will assume the role on 1 March 2015, and takes over from Interim Chief Executive Dr Elaine Monkhouse who is moving to Italy.
Simon joined the ...
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17 October 2014
TCB Consulting, the Jersey-based software and business solutions provider, has entered into a partnership with Malta-based software house Ascent Software.
TCB Consulting will provide client relationship management, business analysis, scoping, project management, installation and ongoing local suppo...
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By Ascent Software on
17 October 2014
The States of Guernsey have signed a Statement of Cooperation with the Beijing Municipal Bureau of Financial Work.
The agreement to cooperate in the promotion of common prosperity and development across both jurisdictions was signed in Beijing today by Kevin Stewart, Guernsey’s Commerce and E...
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By Orchard PR on
16 October 2014
Jersey law firm Benest & Syvret has appointed solicitor Abigail Watkins to its property team.
Abigail has an in-depth knowledge of the local property market, having worked both for law firms and one of the island’s leading property agents.
Having moved to Jersey in 1998, she has experien...
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By ORCHID on
16 October 2014
Ogier recently advised English entrepreneur and businessman Richard Caring on his £135 million sale of the world famous Wentworth Club to China-based Reignwood Group.
Wentworth Club provides the headquarters for golf's PGA European Tour and hosts the annual BMW PGA Championship, making it...
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By Ogier on
16 October 2014
A new research report, published by IFI Global and sponsored by Crestbridge, exploring the initial impact of the implementation of the EU Alternative Investment Fund Managers Directive (AIFMD), has highlighted risk management, cost and changes in fund structuring as key issues for managers and inves...
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By Adam Riddell, Crystal PR on
16 October 2014
Offshore law firm Mourant Ozannes has advised Pershing Square Holdings (PSH) on all Guernsey-related aspects of its conversion from an open-ended to a closed-ended registered fund, an upsized placing to raise gross proceeds of US$2.73bn (excluding an over-allotment option of up to US$272 million), a...
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By ORCHID on
15 October 2014
Miranda Lansdowne has been appointed Managing Director of the JTC Group Luxembourg office.
Miranda has worked at JTC since 2007 as a Group Director of Fund Services, overseeing the management of the fund administration teams in Guernsey, Jersey, Luxembourg and the UK. She is relocating from Jersey ...
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By Adam Riddell, Crystal PR on
15 October 2014
A new initiative is being launched in Guernsey to identify new products, services and legislative changes that will, at the very least, ensure that Guernsey keeps pace with its competitor jurisdictions in the fiduciary sector.
The Fiduciary Think Tank (FTT) has been developed by the Guernsey Associ...
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By Orchard PR on
15 October 2014
Gibraltar is to open its first stock exchange next month, having received approval from the Financial Services Commission, according to a report on International Adviser.
The Gibraltar Stock Exchange, or GSX, is due to launch on 1 November and will initially list collective investment schemes which...
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By International Adviser on
15 October 2014
Lorraine Wheeler has been elected as the new Chair of the Jersey Branch of the Society of Trust and Estate Practitioners (STEP). A former committee member of the Bermuda and Suisse Romande branches, she takes over from Tony Pitcher who held the position for two years.
Lorraine (pictured), who was e...
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By Falle Communications on
15 October 2014
At the end of Q3 2014, Ogier Corporate Finance was the leading sponsor of listings on the Channel Islands Securities Exchange (CISE) with a market share of 23.8 per cent of securities listed on the exchange since its inception.
Ogier was a founding member when the exchange (formerly the Channel Isl...
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By Ogier on
14 October 2014
Minerva Trust & Corporate Services has appointed Steven Bowen as Group Managing Director.
Based in Minerva’s Jersey office, Steven will be responsible for driving the performance and growth of the Minerva Group companies which are situated in Jersey, London, Geneva, Mauritius, Dubai, Sing...
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By Minerva on
14 October 2014
Engineering consultancy BabbÉ McCathie has appointed Senior Engineering Technician Gary Bougourd as Technical Director of the company.
In a career spanning over 40 years, Gary has been involved in delivering engineering solutions to projects as varied as the Guernsey Post headquarters in La Vr...
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By ExposurePR on
14 October 2014
Deutsche Bank has made three appointments to its Corporate Services team in Jersey.
Jackie Foot (centre) has joined as the new Head of Global Transaction Banking with responsibility for both Corporate Services (Special Purpose Vehicle incorporation and management) and Fund Services in the Channel I...
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By Crystal PR on
13 October 2014
Offshore firm Appleby has been recognised as the Firm of the Year in the Asset Recovery sector in the 2014 edition of the Who’s Who Legal 100.
The independent assessment of the world’s top law firms called Appleby’s asset recovery practice 'of the very highest standard'.
...
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By Appleby on
13 October 2014
Natalie Hutley-Hurst, an employment lawyer with experience of working across the world, has joined AO Hall as an Associate.
Natalie, who has recently moved to Guernsey, specialises in all aspects of employment law with a particular interest in discrimination.
She started her career with a major in...
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By Liquid on
13 October 2014
Trust Corporation International has appointed a new manager in its client administration department.
Rachel Rushton has joined the company, bringing more than 20 years' experience in the fiduciary industry.
Rachel will be directly responsible for overseeing key client relationships in her new ...
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By Orchard PR on
13 October 2014
Carey Olsen have been named The Legal 500’s Offshore Law Firm of the Year.
This is the second year that The Legal 500, the industry rankings agency, has presented awards – and they are based on the rigorous 360-degree research process that it undertakes for the compilation of its annual...
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By Orchard PR on
12 October 2014
Brooks Macdonald Funds (BMF), the fund management arm of Brooks Macdonald Group, ihas appointed Kevin Addison as Head of Sales.
Based in BMF’s Mayfair office, Kevin will be responsible for driving the continued growth in funds under management across BMF’s range of funds, as well as man...
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By Brooks Macdonald Group on
9 October 2014
Carey Group has recently welcomed five new staff to its office in Guernsey. They are Hayley Saunders, Sara Bourne, Pauline Chapman, Matthew Sarl and Michael Bishop.
Hayley Saunders (pictured) has joined Carey Group as Head of Accounting. She spent over 17 years at HSBC Securities Services (Guernsey...
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By Carey Group on
8 October 2014
First Names Group has appointed Matt Haynes as Group Business Development Director.
In this new role, Matt will be based in the Jersey office and will be responsible for supporting the organic growth of the Group. He will develop key client and intermediary initiatives in addition to new business o...
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By First Names Group on
8 October 2014
Trust, corporate and fund administration services provider Vistra has acquired Qubus Management.
Established in 2008, Qubus delivers a tailor-made, full range of fiduciary, corporate and trustee services to Latin American high-net-worth individuals, business owners and their families.
The acquisit...
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By ExposurePR on
8 October 2014
Corporate travel and group booking specialists TravelSolutions has made a number of new appointments and promotions.
Gemma Le Sauvage (pictured) has joined the business as Channel Island Corporate Manager. With ten years' experience in the industry at another local travel management company, Ge...
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By Coast Media on
7 October 2014
Offshore law firm Mourant Ozannes has advised Investec Asset Management Guernsey on the migration and re-domiciliation from Ireland to Guernsey of Investec International Funds, a $1.2bn fund-of-funds unit trust.
The redomiciliation involved all legal and regulatory aspects, including investors'...
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By ORCHID on
7 October 2014
Ipes has been named as the winner of the Fund Advisory – Administration award at the unquote” British Private Equity Awards 2014.
The unquote” award recognises professionalism, thought-leadership and the ability to add value consistently throughout the year.
Ipes’ submissio...
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By Ipes on
7 October 2014
Funds and corporate services provider Aztec Group has opened a new office in Amsterdam, adding to the Group's onshore presence in the UK, Luxembourg and Sweden and its offshore offices in Guernsey and Jersey.
The new office has been launched with the support of a longstanding client and is head...
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By Aztec on
7 October 2014
Carey Olsen has registered the first migration of a foundation from another jurisdiction to Guernsey with the Guernsey Registry.
Lloyd’s Trust Company (Channel Islands) made the decision to move a Liechtenstein-based foundation to Guernsey following the introduction of foundations legislation...
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By Orchard PR on
7 October 2014
The Legal 500 rankings, which were released last week, have seen a number of Jersey law firms and individuals receive recognition in their particular fields of practice.
The rankings are compiled from feedback from 250,000 in-house peers and access to law firms deals and confidential matters, which...
[read more]
By Businesslife.co on
7 October 2014
Forum 3 – Jersey's only ecosystem and technical hub – holds it’s official opening this week.
The office development, which is owned by Polygon Properties, aims to provide incubator space for embryonic business ideas so that they can accelerate into fully formed businesses. Fin...
[read more]
By Trish Grover, TG Communications on
7 October 2014
The Legal 500 rankings, which were released last week, have seen a number of Guernsey law firms and individuals receive recognition in their particular fields of practice.
The rankings are compiled from feedback from 250,000 in-house peers and access to law firms deals and confidential matters, whi...
[read more]
By Businesslife.co on
7 October 2014
The full speaker line up has now been confirmed for Businesslife Events' Guernsey Trust Conference: ‘Trust is only the beginning’.
The event, which is sponsored by AO Hall and supported by Microgen, will take place from 9am-2.30pm on Wednesday 5 November at the Duke of Richmond Hote...
[read more]
By Businesslife.co on
6 October 2014
Brooks Macdonald International (BMI) has appointed Darren Zaman as Chief Executive of its offshore business. Darren is the former CEO of DPZ Capital (DPZ), the Jersey-based wealth management business acquired by BMI in April 2014.
As part of a structured handover process, outgoing CEO John Davey wi...
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By Sarah Davies, Brooks Macdonald on
6 October 2014
Having dominated the offshore category in the Global Financial Centres Index for the last seven years, Jersey and Guernsey have tumbled down the offshore rankings in the GCFI 16 (September 2014 edition) - falling to 5th and 7th positions respectively, their lowest ever offshore position since the in...
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By Businesslife.co on
6 October 2014
Winners of the ICSA Jersey Awards 2014 were announced at the black tie ICSA Jersey Annual Dinner, held at the Radisson Blu Waterfront Hotel last week.
The Awards were sponsored by BoardPad and Blueprint OneWorld, Computershare, and Sator Regulatory Consulting. Judged by a panel of industry experts,...
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By Immediate Impact on
5 October 2014
Salamanca Group, the Merchant Banking and Operational Risk business, has appointed Paul Douglas as Managing Director of Salamanca Group Trust & Fiduciary, Jersey. He will be responsible for running the operation in Jersey and growing its book of business.
Prior to his appointment in Jersey, Pau...
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By Salamanca Group on
3 October 2014
Ogier have announced the appointment of three new partners across the Jersey and Luxembourg offices. The appointments are effective from 1 October.
Fabien Debroise has been appointed to Partner in the Luxembourg office. He has special expertise in syndicated lending and leveraged acquisition financ...
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By Ogier on
1 October 2014
Jersey insurance and pension business Vantage has acquired Capital Insurance Brokers (CI) for an undisclosed sum. Regulatory approval has been granted and the transaction completed today – 1 October 2014.
All of Capital’s staff will be employed by Vantage and will move to work from thei...
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By Vantage on
1 October 2014
Carey Olsen has advised on the establishment of two new Guernsey-domiciled funds, Inflexion Buyout Fund IV and Inflexion Partnership Capital I, securing commitments of £650 million and £400 million respectively on behalf of Inflexion Private Equity Partners LLP.
Led by Partner Andrew Bo...
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By Orchard PR on
1 October 2014
Singapore-based corporate services business, Janus Corporate Solutions, which was acquired by the Hawksford Group in March 2014, has been rebranded as Hawksford – GuideMeSingapore.com.
Established in 2009, Janus is a corporate services business, providing corporate secretarial, tax and accoun...
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By Lisa Gutcher, Liquid on
1 October 2014