The latest ranking for lawyers and legal firms has been released in the Legal 500 UK’s 2018-2019 industry report. This industry report provides a comprehensive grading of law firms using qualitative and quantitative analysis. The research includes individual submissions from law firms and...
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By BL Global on
31 October 2018
The Home Affairs Minister, Connétable Len Norman, has approved a proposed change to the law that will allow EU citizens living in Jersey to remain in the island following Brexit.
As Jersey is a Crown Dependency, it is aligned with UK immigration and nationality laws. As such, after Bre...
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By States of Jersey on
30 October 2018
Awareness of Guernsey as a funds domicile is rising in New York as managers and advisers look for Brexit-proof solutions to access European capital markets.
So said Guernsey Finance following the island's latest funds delegation to New York, which included attending two conferences and holding ...
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By We Are Guernsey on
30 October 2018
The Institute of Directors will turn the spotlight on Jersey's capability to respond to cyber threats, its cyber security strategy and the potential to establish a Channel Island cyber response team, at its next Lunch Club on 6 November.
Stephanie Peat (pictured), Director of Digital & Tele...
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By Refinery on
30 October 2018
STEP, the global professional association for practitioners specialising in family inheritance and succession planning, has announced that Mark Walley will be joining as its new Chief Executive in January.
Mark joins STEP from his current role as Managing Director, EMEA, at the Royal Institution of...
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By STEP on
30 October 2018
Carey Olsen Bermuda is adding to its trusts and private wealth practice with the appointment of Counsel Ashley Fife.
Admitted as a solicitor in England and Wales, Bermuda and Australia, Ashley specialises in advising clients on the creation, management, restructuring and termination of privat...
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By Carey Olsen on
30 October 2018
This year’s STEP Jersey Annual International Conference, to be held this Thursday, will consider a range of issues, including winning business from emerging markets and dealing with HMRC.
The keynote address will be delivered by Richard Corrigan, States of Jersey's Group Director, F...
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By STEP on
29 October 2018
Appleby has appointed Robert Varley to its Corporate partnership, in the British Virgin Islands office.
Robert is currently based in Guernsey and will transfer to the BVI office once immigration approval has been granted. Before joining Appleby, he led the funds team at Babbé for eight...
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By Appleby on
29 October 2018
Jersey-based fund management specialist JTC has partnered with blockchain business Brickblock to launch a platform for supporting cross-border real estate investment.
The new platform facilitates real estate investments via smart contracts on the blockchain. This allows transactions, whether invest...
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By Crystal PR on
26 October 2018
The first event in the IoD’s Winter Seminar Series will focus on innovation in Guernsey. A panel of legal, regulatory and technology experts, from local entrepreneurs to Guernsey's regulator, will discuss the nature of innovation and share a broad range of views.
The panel ...
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By Black Vanilla on
26 October 2018
A total of 26 personal data breaches have been reported to the Office of the Data Protection Commissioner (ODPC) in the two months up to 18 October, compared with 32 reported breaches in the previous reporting period, the three months to 18 August.
The ODPC says the increase is likely to...
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By Liquid on
25 October 2018
Fiduciary business Fairway Group has appointed Matt Ebbrell, Jodie O’Brien and Susana Dolbel as its new Human Resources team.
Matt, Jodie and Susana join as HR Director, HR Manager and HR Administrator respectively. They collectively bring over 45 years of HR experience across a range o...
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By Fairway Group on
25 October 2018
The state-run Bank of India has closed down its branch in St Helier, Jersey, from which is has operated since 1978.
According to a report in The Hindu BusinessLine, the move follows earlier closures of the bank's operations in Yangoon, Bostwana and Dubai. It now has overseas operations in ...
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By BL Global on
25 October 2018
The latest report from Mergermarket on merger and acquisition activity up to Q3 this year has ranked Ogier in 10th position among European M&A firms. According to the report, Ogier has advised on deals worth $95bn so far in 2018.
Mourant Ozannes was ranked in 12th position, with $86bn wor...
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By Ogier on
24 October 2018
The Minister for External Relations, Senator Ian Gorst (pictured), has lodged a draft Taxation Companies Economic Substance Law for debate by the States Assembly on 4 December.
The law has been designed to address concerns of the EU Code of Conduct Group on Business Taxation about the need for rele...
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By States of Jersey on
24 October 2018
The States of Jersey Development Company (JDC) is to buy the Waterfront Leisure Complex from the existing lease holder.
The Treasury and Resources Minister, Deputy Susie Pinel (pictured), has signed a Ministerial Decision approving the purchase of the 3.6 acre site, which includes the swimmin...
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By States of Jersey on
23 October 2018
Intertrust in Jersey has appointed two new Client Directors within its fund services team, as Methé Porter joins the company and Nick McHardy is promoted.
Methé brings more than 15 years’ industry experience to the new role. She specialises in providing business solutions and pl...
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By Orchard PR on
23 October 2018
Issue 59 of Businesslife – the annual funds edition – is now available online.
Despite a background of global political and economic uncertainty, and the continued pressure of increasing regulation, our review of the past 12 months for the funds industries in Guernsey and Jersey r...
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By BL Global on
23 October 2018
The Minister for External Relations, Senator Ian Gorst, has lodged a new Sanctions and Asset-Freezing Law.
The law would preserve Jersey’s power to impose EU sanctions and would also allow Jersey to impose UK sanctions made under the UK’s Sanctions and Anti-Money Laundering Act af...
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By States of Jersey on
23 October 2018
Advocate Will Austin-Vautier has joined Ogier's Jersey-based employment law team.
Will brings with him wide-ranging experience across the local legal services offering, including employment law, GDPR, regulatory law and property, probate and business transactions.
He joins from Bedell Cristin,...
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By Ogier on
22 October 2018
Voisin Law has acted for Jersey-baed company 4Group in connection with its sale to UK privately-owned rental firm the GAP Group.
The Voisin team, which was led by Associate Howard O’Toole, advised on all of the legal and regulatory aspects of the sale.
4Group comprises three businesses &ndas...
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By Suzanne le Lay on
22 October 2018
Jersey law firm Ward Yates has appointed Elena Moran to the role of Partner and Head of Dispute Resolution.
An English barrister and Jersey Advocate, Elena has over 15 years' experience of litigating in Jersey. Her main area of expertise is contentious trusts, but she also advises on comp...
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By Ward Yates on
22 October 2018
The inaugural Jersey TechAwards, which marked the culmination of Jersey Tech Week last week, included the following winners from the Jersey business world:
• Digital Company of the Year - JT
• Digital Start-Up of the Year - Pinpoint
• Technology Project of the Year –...
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By Switch Digital on
22 October 2018
A cross-jurisdictional team of lawyers from Carey Olsen has contributed to Global Legal Insight's first edition of Blockchain & Cryptocurrency Regulation.
The publication has brought together legal experts from across the globe to analyse the blockchain, cryptocurrency and electronic ...
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By Carey Olsen on
22 October 2018
Guernsey has registered a Guernsey-domiciled agribusiness fund as the world’s first regulated green fund.
The Cibus Fund, launched last year, becomes the first fund to be awarded the Guernsey Green Fund regulatory kitemark by the Guernsey Financial Services Commission, following the launch of...
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By We Are Guernsey on
19 October 2018
Simon Morgan, Partner and Head of Private Clients at Vistra Jersey, has been elected Worldwide Chair of STEP, effective 1 January 2019.
Simon has been in the international fiduciary business since 1982, working in Jersey and the Cayman Islands. His career has included periods with HSBC, Barcl...
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By Vistra on
18 October 2018
The Jersey Hospitality Association (JHA) has promoted Simon Soar to the role of Chief Executive Officer.
Simon joined the JHA as a Manager in January this year. He has spent the past 17 years managing bars and restaurants across the Channel Islands. Most recently, he was Training and Eve...
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By Direct Input on
18 October 2018
Nedbank Private Wealth, which has a Jersey office, was awarded two prizes at the 19th annual International Fund and Product Awards – Best International Wealth Management Provider (UK) and Best International Private Banking Service.
In addition, while Isle of Man was named Best International F...
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By Isle of Man Advertising & PR on
18 October 2018
The results of the September 2018 Business Tendency Survey have been released by Statistics Jersey.
The quarterly Jersey Business Tendency Survey (BTS) provides qualitative information about the island’s economy.
Chief executives and managing directors are asked for their opinions on the cur...
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By States of Jersey on
17 October 2018
Jersey-based administration services provider Highvern has appointed Ivana Paprckova as Associate Director.
Ivana joins Highvern from Aztec Group, where she was also Associate Director. Before this, she spent almost nine years with PwC, latterly as Assurance Senior Manager. Her career with Pw...
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By Highvern on
17 October 2018
RBC Wealth Management, part of Royal Bank of Canada (RBC), has announced the promotion of Lisa Barnett to Managing Director of RBC Guernsey, RBC Wealth Management – International, with immediate effect.
Lisa has been with RBC for a total of 25 years, having begun her career at Abacus Fin...
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By Greentarget on
16 October 2018
The Channel Islands Competition and Regulatory Authorities (CICRA) has published its Strategic Objectives and its 2019 Work Programmes.
The documents set out how The Competition Authority will achieve its strategic objectives in 2019. They are available online in four documents:
• C...
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By ORCHID on
16 October 2018
London-based active investment company Man Group has announced that it plans to incorporate a new holding company in Jersey so that it can realign its corporate structure.
The decision to set up the Jersey holding company, which was announced in a trading update from the group on Friday, reflects s...
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By BL Global on
15 October 2018
Jersey’s Data Protection Authority has announced the appointment of four Non-Executive Directors to the board overseeing Jersey’s Office of the Information Commissioner (JOIC).
The appointments include:
• Clarisse Girot, who brings significant experience in data protect...
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By Liquid on
15 October 2018
The Institute of Directors Guernsey branch has announced details of its October breakfast seminar, which will feature as its guest speaker Andy Sloan, Deputy Chief Executive, Strategy, at Guernsey Finance.
The event will be held at the Old Government House Hotel and Spa, St Peter Port, on 26 O...
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By Black Vanilla on
15 October 2018
The Partners of Bedell Cristin have completed their merger with long established Cayman-based law firm, Solomon Harris.
Announced in July, the merger enables Bedell Cristin to broaden its range of legal services to include Cayman legal advice and to extend its international presence through t...
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By Orchard PR on
15 October 2018
With draft legislation and guidance notes for the legislation on economic substance due by Monday 22 October, EY is holding a seminar on Wednesday 24 October to cover the changes.
The event, from 9am-10.30am, will be held at the Town Hall, St Helier. EY’s Channel Islands Head of Tax, Wen...
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By EY on
12 October 2018
Several Guernsey businesses triumphed at International Adviser's inaugural Global Financial Service Awards, which were held on Thursday in London.
Generali International was named International Employee Benefits Provider of the Year. Sovereign Group won International Trust and Estate Plann...
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By BL Global on
12 October 2018
Jersey-based cyber security business Defence Logic is holding a conference in November that will explore how businesses can protect themselves from cyber security threats.
Former Director of the National Cyber Security Centre (NCSC) John Noble will be on hand to give his insights into how businesse...
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By Refinery on
11 October 2018
Latest figures on the size of the finance industry in Jersey show banking deposits are rising and the value of the funds industry is at a record high.
The net asset value of regulated funds under administration grew by £15bn during the second quarter of 2018 to stand at £296bn at 30 Jun...
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By Jersey Finance on
11 October 2018
Bedell Cristin has announced several promotions within its Jersey office.
In the financial services team, Richard Le Liard has been promoted to Managing Associate, with Louise Hassell and Emily Nieuwburg moving up to Senior Associate level.
In the property team, Jeff O&rsqu...
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By Orchard PR on
11 October 2018
Carey Olsen's investment funds team in Jersey has advised private equity firm Epiris on the launch and final closing of its UK-focused buyout fund, Epiris Fund II, at £821 million.
The fund, which has already made four acquisitions, has secured commitments from public and private pe...
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By Carey Olsen on
11 October 2018
Jersey Finance has published an online guide to finance that aims to explain in simple terms what the island's finance industry does and why.
The Put Simply information hub describes the private wealth sector in plain English. By providing clear, factual information on how the finance indu...
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By Jersey Finance on
11 October 2018
Scott Workman, former Chief Operating Officer at the Ministry of Defence’s Information Systems and Services division, has been appointed Chief Executive Officer of Channel Island technology business C5 Alliance.
Scott has worked within the MoD since 2007, having served as an Army officer for ...
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By Orchard PR on
10 October 2018
The case of an international bank fined £25,000 for transferring the Jersey assets of a deceased client to a foreign court without first requesting a Jersey Probate Grant underlines the importance of following the correct procedures, says Ogier Partner Julie Melia (pictured), a specialist in p...
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By Ogier on
10 October 2018
Fund services provider Moore Management has appointed Matthew Satchell as Funds Director in Jersey.
Before joining Moore, Matthew spent more than 10 years developing his career with offshore law firm Mourant Ozannes, where he gained experience advising on collective investment funds, from unregulat...
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By First Names Group on
9 October 2018
Independent fiduciary and administrations solutions provider VG has promoted its Group Head of Business Development, Claire Malkoun, to Director on its board, bringing the total number of board members to 10.
Claire is an experienced business development professional with over 26 years’...
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By VG on
9 October 2018
Guernsey Finance is seeking a new business development overseas specialist, following the announcement by Deputy Chief Executive Kate Clouston that she is to take on the role of Global Relationship Manager with offshore law firm Collas Crill next year.
Kate joined the promotional agency for Guernse...
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By We Are Guernsey on
9 October 2018
Whitmill Trust Company has been named Family Office of the Year in the Corporate LiveWire Global Innovation & Excellence Awards for 2018.
Industry news source Corporate LiveWire presents the awards to highlight the achievements of companies and individuals in the finance sector over the p...
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By Suzanne le Lay on
8 October 2018
Carey Olsen's corporate team in Guernsey has advised European private equity firm Terra Firma on its proposed acquisition of Parmaco Oy from Finnish private equity group MB Funds.
Parmaco is a fast-growing Finnish real estate company that specialises in building and renting buildings for ...
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By Carey Olsen on
8 October 2018
Saffery Champness Registered Fiduciaries has appointed private client professional Donna Brehaut as Trust Manager.
In her new role, Donna will oversee a fiduciary team specialising in the establishment, management and administration of a diverse portfolio of offshore structures for high-net-w...
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By Orchard PR on
8 October 2018
Technology business Prosperity 24/7 is hosting an event with Microsoft as part of Jersey TechWeek, to help local government and businesses embrace digital transformation and better understand how ‘disruption’ can enhance business performance.
The sessions, at the Radisson Blu Hotel on T...
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By Prosperity 24.7 on
8 October 2018
The International Stock Exchange (TISE) has revised its listing rules for trading companies, in a bid to appeal to small and medium-sized enterprises.
TISE has a long-term strategy of attracting more listings from growth companies based in the UK as well as its home markets of the Channel Isl...
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By TISE on
8 October 2018
Collas Crill’s Jersey team has advised real estate investment advisory firm Marchmont FM on its collaboration with NW1 Partners to set up a £100 million fund to buy UK small-cap urban industrial assets.
The two real estate investment specialists have formed NW1 Partners/Marchmont ...
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By Black Vanilla on
8 October 2018
Jo Stoddart, CEO and founder of Quintessential Relocation Consultants (QRC), is to lead Locate Guernsey for the next three years. She takes over from Andrew Carey, who has become a Practice Manager at Island Health Group.
Jo (pictured right) moved to Guernsey in 2005, having previously relocated to...
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By States Of Guernsey on
5 October 2018
Guernsey has retained the title of Best Centre for Fund Administration at the 2018 Investment Week Fund Services Awards, presented in London this week.
Guernsey Finance Chief Executive Dominic Wheatley (pictured) said: “To be recognised as the best for two years in a row shows Guernsey c...
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By We Are Guernsey on
5 October 2018
Voisin Law’s corporate and commercial property teams have advised Jersey pub and restaurant group Randalls on its takeover of The Boat House, St Aubin, and The Farm House, St John.
This brings Randalls' total number of outlets to 49, following approval from competition authority CI...
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By Suzanne le Lay on
4 October 2018
Four months after the introduction of General Data Protection Regulation (GDPR), Guernsey businesses are taking data protection seriously, but the local data protection office has yet to fine an organisation for a breach of the law.
The Guernsey Data Protection Office received more than 50 no...
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By Orchard PR on
4 October 2018
Deloitte is hosting breakfast briefings in Jersey and Guernsey in October – Economic Substance, Are You Ready? – to explore the expected framework of the new economic substance legislation.
The proposed legislation follows the commitment by the governments of Jersey, Guernsey and the Is...
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By Black Vanilla on
4 October 2018
The winners of this year's ICSA Jersey Awards were celebrated at the ICSA Jersey Annual Dinner, held for the first time at the Royal Jersey Showground, on 28 September.
The awards were judged by a panel of industry experts and the winners were:
• Company Secretarial Officer of the Year &nd...
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By Wellbeing at Work on
4 October 2018
The Guernsey Financial Services Commission has decided not to increase its fees for the next two years.
According to the Commission, recent changes to the accounting treatment of its former pension liabilities, together with past operational surpluses, have ensured it does not need to set fees with...
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By Guernsey Financial Services Commission on
4 October 2018
The latest report presenting estimates of the size and performance of Jersey's economy in 2017 has been published by Statistics Jersey. The key points include:
Gross Value Added (GVA) – total and sectoral
• Total GVA was essentially unchanged in real terms in 2017 – up by ...
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By States of Jersey on
3 October 2018
Fiduciary group Fairway has named Graeme Fairlie as its new Regional Manager in Bahrain, where the firm is opening its first office outside Jersey next week.
Graeme will combine this new role with his current position of international Business Development Executive within the fir...
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By Fairway Group on
3 October 2018
Jersey-based financial services provider Highvern has announced the appointment of Julie Gallon as Senior Manager within the firm's funds team.
Julie is an ICSA-qualified professional with more than 14 years of industry experience. Most recently, she was responsible for a portfolio of priv...
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By Highvern on
3 October 2018
Collas Crill has added to its corporate, finance and funds team in Jersey with the appointment of Christine Fox as Counsel.
Christine brings with her over 15 years’ legal experience and specialises in banking and finance work. She advises on a broad range of finance matters, including ...
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By Black Vanilla on
3 October 2018
UK-based equity investment platform VentureFounders has appointed Jersey veteran Michael Gray to build the firm's Channel Islands presence. His brief will be to open up the firm's offering to a wider audience of high-net-worth and sophisticated investors in the islands.
Michael i...
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By VentureFounders on
2 October 2018
Quarterly sales activity in the Guernsey local market has reached an 11-year high, according to the latest conveyancing statistics from Unusualities of Guernsey, an independent compiler of local conveyancing statistics.
Figures reveal that there were 257 local market houses and flats sold bet...
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By Carey Olsen on
2 October 2018
Offshore law firm Carey Olsen has appointed corporate and finance lawyer Richard Munden as a Partner in its Cayman Islands office.
Richard advises on a wide range of corporate and finance transactions, particularly in aviation and other asset finance matters, including asset-backed securitisa...
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By Carey Olsen on
2 October 2018
Financial services provider Hawksford has opened a new office in London following the acquisition of the corporate services business of audit and accountancy practice SH Landes.
Hawksford will provide specialist corporate services from the new office, on New Oxford Street. The firm said the a...
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By Liquid on
1 October 2018
Jersey-based VG, an independent provider of fiduciary and administration solutions to Islamic clients, was recognised at the Global Islamic Finance Awards (GIFA) last week, when the company was named Best Islamic Trust Formation Services Provider for the third year running.
The global aw...
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By VG on
1 October 2018
Female empowerment group Lean In Jersey is to host a 'Talk Like TED' event that will focus on female empowerment. It will be held on 23 October at the Royal Yacht hotel.
The event, starting at 5.30pm, will feature Susie Ashfield, coach and voiceover artist for the BBC, Sky, ITV a...
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By Crystal PR on
1 October 2018