Deloitte has announced four senior promotions in its Guernsey office.
Adam Hart (pictured right) has been promoted from Senior Manager to Associate Director in the corporate tax team.
Adam has been with Deloitte since 2004, working as a Tax Manager. He also serves on the Technical Compliance Commi...
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By Black Vanilla on
29 October 2020
Isle of Man-based financial services firm Suntera Global has appointed Alex Noel to the position of Head of Mergers and Acquisitions, based in Jersey.
A Chartered Accountant, Alex trained with PwC in the Channel Islands. He has 10 years’ experience in financial services, with a fo...
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By Suntera Global on
29 October 2020
Fiduciary services provider Intertrust Group has launched a Cayman Islands-based sub-brand, Ironstone Directors, which will focus solely on offering independent directorship services and governance solutions.
The sub-brand was designed to meet growing demand for experienced professionals who can ta...
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By Intertrust on
29 October 2020
BDO in Guernsey has acted for the Channel Islands Media Group (CIMG) in its acquisition of creative digital agency TPA Guernsey.
A BDO advisory team, led by Executive Director Stuart Phillips with Business Advisory Director Steve Desmond, carried out financial due diligence on the TPA Group.
...
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By Orchard PR on
29 October 2020
The Guernsey Financial Services Commission has announced that it is participating in the Global Financial Innovation Network (GFIN) cross-border testing initiative – which launches today – having participated in the pilot in 2019.
The GFIN, a group of some 60 internation...
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By Guernsey Financial Services Commission on
29 October 2020
HSBC Channel Islands and Isle of Man is expanding its wealth services to Jersey and HSBC Expat customers by creating an international wealth hub in Jersey.
The expansion will include new investment and wealth management products, as well as a wealth insights hub allowing customers to acce...
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By Crystal PR on
29 October 2020
The Jersey Financial Services Commission has announced details of the next webinar in its series of briefings covering the findings and recommendations of the Government of Jersey’s National Risk Assessment.
The free-to-attend webinar, which will take place on Thursday 19 November at 2pm, wil...
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By Jersey Financial Services Commission on
28 October 2020
Matt Sanders has been appointed Managing Partner of law firm Walkers' Guernsey office.
He takes over the role from Louise Hall, who is retiring as a Partner of the firm at the end of the year.
Matt has practised in Guernsey for more than 13 years. Having started his legal career with Ogier, he...
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By Walkers on
28 October 2020
Jersey-based litigation and dispute resolution firm Baker & Partners has opened an office in the Cayman Islands.
Stephen Baker, Senior Partner of Baker & Partners, commented: “The addition of a presence in the Cayman Islands is a natural next step for our firm, which has been involved...
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By Infinite Global on
27 October 2020
Fiduciary and administration solutions provider VG has appointed Steve Langan as a Director, subject to regulatory approval.
In his new role, Steve will lead a team in Jersey administering a portfolio of employee benefits, corporate and private wealth structures, and expanding the firm's capita...
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By VG on
27 October 2020
The Guernsey Financial Services Commission (GFSC) has issued a consultation paper on proposed amendments to its Insurance Business Solvency rules.
The amendments would reduce the capital requirements applicable to green fixed income assets of commercial life insurers and commercial life reins...
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By We Are Guernsey on
27 October 2020
Intertrust Group has appointed Jon Cartmell to the role of Client Director within its Performance and Reward Management (PRM) team in Jersey.
Jon has 23 years’ experience in the field of share plans, performance and reward and corporate trusteeship. Before joining Intertrust, he served ...
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By Orchard PR on
27 October 2020
Issue 70 of Businesslife, a funds sector special edition, is now available online.
The Channel Islands funds sector continues to thrive in the face of Covid-19 – and has all the measures in place to continue to deliver returns as the pandemic plays out.
That’s according to a host of ex...
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By BL Global on
26 October 2020
The Channel Islands Co-operative Society has appointed Iain Beresford as Chief Officer of Marketing And Membership, based in Guernsey.
Taking responsibility for the strategic direction of the Society’s marketing activity and branding, Iain will also oversee the modernisation of the Co-o...
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By Liquid on
26 October 2020
Chambers & Partners has released its UK guide for 2021, which ranks firms and individuals across several practice areas.
The rankings for firms in Jersey and Guernsey are summarised below, but you can also visit the Chambers website to view the ranked individuals for each of these pr...
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By BL Global on
23 October 2020
Fund and corporate services provider the Aztec Group has appointed James Gow as Chief Client Officer.
Based in London, James will sit on the Aztec Group Executive Committee in the UK but will have a group-wide remit across all operational jurisdictions, including Jersey and Guernsey.
He...
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By Aztec Group on
23 October 2020
Statistics Jersey has published the results of the latest Business Tendency Survey (BTS).
For the quarterly report, chief executives and managing directors are asked for their opinions on the current situation of their business compared with three months earlier and their expectations for the next ...
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By Government of Jersey on
22 October 2020
Ocorian has appointed Ben Hill as Managing Director of its Guernsey office.
Ben has more than 20 years’ experience in financial services in the Channel Islands, including fund administration, banking, custody, depositary and fiduciary services. He has also served as a Non-Executive Director.&...
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22 October 2020
Mourant has advised US automotive parts supplier BorgWarner Inc in relation to its acquisition of Delphi Technologies, a Jersey company listed on the New York Stock Exchange.
The all-stock transaction values Delphi at around $3.3bn and combines two major auto-parts makers.
The transaction was impl...
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By Mourant on
22 October 2020
Maples and Calder, the Maples Group's law firm, has acted as lead Jersey counsel for Apache Capital Partners in relation to the sale of office buildings at 18-22 Grenville Street, St Helier, by way of a share sale to the Channel Islands Property Fund for an undisclosed sum.
Apache Capital ...
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By Maples and Calder on
22 October 2020
Maples and Calder has appointed Mark Crichton as a Partner within its Corporate and Finance teams in Maples Group's Jersey office.
Mark will support the expansion and development of the firm’s growing practice in Jersey.
He has spent the past nine years at Walkers, latterly as Part...
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By Maples and Calder on
21 October 2020
Jersey Chief Minister Senator John Le Fondré and Government of Jersey Chief Executive Charlie Parker will be reflecting on 2020 and discussing the island’s future at the upcoming IoD Jersey Leaders’ Lunch in November.
ITV Channel Television’s Jess Dunsdon wil...
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By IoD on
21 October 2020
Viberts has appointed Paul Harben to the role of Partner within its property team in Jersey.
Paul joins the firm from Collas Crill, where he has gained more than 27 years' experience in the local property market. He was called to the English Bar in 1993 and the Jersey Bar in 1997.
...
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By Viberts on
20 October 2020
Following its virtual Funds Forum in May, Guernsey Finance is hosting a second event – Sanctuary II – across three days from 2 to 4 November.
A series of webinars will feature market leaders discussing the investment market landscape and why Guernsey remains a sanctuary for many.
2020 ...
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By We Are Guernsey on
20 October 2020
Aztec Group has supported Nordic Capital with the fundraising and final close of Nordic Capital Fund X.
Raising €6.1bn at final close, Fund X surpassed Nordic Capital's Fund IX in 2018 – also supported by Aztec – which raised €4.3bn.
Fund X, launched in April, ...
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By Aztec Group on
20 October 2020
Mourant has appointed Mike Jones to a leadership role to develop the firm's regulatory offering.
Mike, who will join the firm in January, is currently Director of Policy and Risk at Jersey Financial Services Commission (JFSC).
He has decades of experience in the regulatory arena, both in...
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By Mourant on
20 October 2020
The Institute of Directors' Guernsey Branch has announced details of its October seminar – Are You Leading a Sustainable Business in 2020? – which is being held this week.
The seminar will discuss how directors and business leaders can better equip themselves to navigate the su...
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By Black Vanilla on
19 October 2020
Administration services provider Intertrust has unveiled new branding and a partnership with US-based non-profit company Kiva.
The rebrand completes the company's integration of Viteos following its acquisition in 2019. And its partnership with Kiva aims to support the San Francisco busin...
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By Orchard PR on
19 October 2020
A two-day online event, designed by the Government of Jersey to help islanders and businesses prepare for the end of the Brexit transition period, is taking place on Thursday 22 and Friday 23 October.
The event will consist of public and invitation-only industry sessions focusing on travel, busines...
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By Government of Jersey on
16 October 2020
Brooks Macdonald International, which has offices in Guernsey and Jersey, grew its funds under management (FUM) by 3.9% over the prior quarter to more than £1.6bn, according to figures published this week by the Brooks Macdonald Group for the period ending 30 September 2020.
The group said th...
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By Crystal PR on
16 October 2020
EY has announced its latest management promotions across the Channel Islands.
In Guernsey, Angus Hunter (pictured right with Jenna Kok Shun) has been promoted to Assurance Manager and Jenna Kok Shun to Turnaround and Restructuring Strategy Manager, while in Jersey, Febiejane Alinsunurin-Barcelona a...
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By EY on
16 October 2020
Financial services provider the Aztec Group has won Fund Administrator of the Year at this year's British Private Equity Awards.
Unquote’s British Private Equity Awards celebrates innovation and excellence in private equity and venture capital, and the industry’s contribution to Bri...
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By Aztec Group on
16 October 2020
Liberum Wealth, the Guernsey-based provider of trade execution, custody and cash and foreign exchange services, has named Stephen Ozanne as its new Chief Executive Officer.
Stephen joins the firm from Walkers, where he has served as Senior Counsel for the past four years.
Prior to this, he spent e...
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By Liberum Wealth on
15 October 2020
The Guernsey Financial Services Commission has published investment figures for the second quarter of 2020.
• Guernsey funds The total net asset value of Guernsey funds has decreased in sterling terms during the last quarter by £6.4bn (-2.7%) to £226.8bn. Over the past year, total ...
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By Guernsey Financial Services Commission on
15 October 2020
Guernsey fiduciary services provider Trust Corporation International has appointed trusts and pensions specialist Paul Buckle to its board of directors.
Paul has worked as a trusts lawyer in Guernsey for more than 15 years, specialising in complex trust and pension litigation.
He most recent...
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By Orchard PR on
15 October 2020
Jersey-based wealth manager TEAM Asset Management has appointed Richard Sayers as Head of Client Relations.
Richard brings to the firm a broad range of wealth management experience. He returns to Jersey having spent the past five years in Singapore, latterly as Managing Director for Equi...
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By TEAM Asset Management on
15 October 2020
Jersey has been named Best International Finance Centre at this year's WealthBriefing European Awards.
Showcasing ‘best of breed’ providers in the global private banking, wealth management and trusted adviser sectors, the awards are designed to recognise companies, teams and ...
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By Crystal PR on
14 October 2020
In the third event of its Innovation Series, IoD Jersey is to host a webinar focusing on decision-making.
The free-to-attend online event – I used to be decisive but now I’m not so sure… Decision-making challenges in a volatile world – will take place on 29 October be...
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By IoD on
14 October 2020
MJ Hudson has acquired Dublin-based funds service provider Bridge Consulting, conditional on regulatory approval from the Central Bank of Ireland.
The acquisition will build on MJ Hudson’s funds operations in London, Luxembourg and Guernsey.
An initial fixed consideration of €2m is paya...
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14 October 2020
Vistra has released its report Vistra 2030: Unlocking opportunity for the decade ahead, which outlines six trends shaping the corporate services sector – from the impact of Covid-19 to the perceived decline of offshore centres and the future for regulatory cooperation.
The research draw...
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By Vistra on
14 October 2020
Several businesses with operations in the Channel Islands were among the winners at the recent International Investment Awards, which was held as a virtual ceremony last week.
The awards, now in their 21st year, included 21 categories covering all aspects of the industry, from fintech to private me...
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By BL Global on
14 October 2020
A report from Saffery Champness Registered Fiduciaries, published today, reveals the outlook for the global offshore industry in the next decade – amid the disruption caused by Covid-19 and the impact of globalisation, technological advancement and rising complexity among high-net-worth client...
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By Infinite Global on
14 October 2020
ICSA: The Chartered Governance Institute has announced the full line-up of speakers for its 2020 Governance Guernsey conference on 21 October – which will be held at the St Pierre Park Hotel from 9am.
Paul Smith, Chair of ICSA: The Chartered Governance Institute’s Guernsey branch,...
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By Agility PR on
13 October 2020
Jersey has released its proposed Government Plan for 2021-2024, reflecting the response to Covid-19 and plans to protect the island’s future.
It brings together revised spending and investment plans to support strategic priorities, income forecasts and how the measures put in place to tackle ...
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By Government of Jersey on
13 October 2020
EY has promoted Stuart Gardner to Strategy and Transactions Associate Partner in the Channel Islands.
Stuart is a UK Licensed Insolvency Practitioner and a Fellow of the Institute of Chartered Accountants in England and Wales.
He gained his professional qualifications in London before ...
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By EY on
12 October 2020
Guernsey-based investor onboarding hub The ID Register has appointed Stuart Layzell as Chairman.
Stuart, who most recently served as CEO at Ocorian in Jersey, brings to the role international experience in regulated businesses across fund administration and wealth management.
He also has a s...
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By The ID Register on
12 October 2020
Guernsey marketing agency Oi has appointed Pierre Le Page as Head of Digital.
Pierre was previously Digital Performance Manager at Specsavers on the island, responsible for optimising campaign performance across all Specsavers business lines.
He helped develop new digital advertising formats...
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By Oi on
12 October 2020
International sustainability standard business ESI Monitor has appointed Aimee Golden as a Senior Consultant within its Guernsey team.
Aimee joins ESI Monitor having spent almost 14 years with Northern Trust Corporation, working in funds and company secretarial roles.
She first worked for E...
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By ESI Monitor on
12 October 2020
Collas Crill's Corporate Finance and Funds team in Guernsey has advised on the launch of Alpha Investment Funds PCC, a registered, closed-ended private investment fund.
The law firm's team, including Partner Paul Wilkes and Senior Associate Gareth Morgan, has also advised on the p...
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By Collas Crill on
9 October 2020
Carey Olsen has been named Offshore Firm of the Year for the second successive year at the Chambers High Net Worth Awards.
Winners of the awards, which celebrate legal excellence in the world of private wealth, were announced at a virtual ceremony this week.
Carey Olsen Partner Keith Robinso...
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By Carey Olsen on
9 October 2020
Following its National Risk Assessment webinar this week, the Jersey Financial Services Commission is launching a sector-specific webinar series to cover the findings and recommendations of the government’s report.
The first session, which will focus on trust company business, will take place...
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By Jersey Financial Services Commission on
9 October 2020
A post-lockdown surge in Local Market housing activity peaked between July and September to deliver the highest combined total of house and flat sales seen in Guernsey during any quarter since Q4 of 2006, according to the latest conveyancing statistics compiled by Unusualities of Guernsey.
Fi...
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By Carey Olsen on
8 October 2020
Isle of Man-based financial services business Suntera Global has appointed Sharon De Mendonca as its Global Head of HR, based in Jersey.
A CIPD Fellow with more than 20 years in HR, Sharon joins Suntera from Hawksford, where she has spent the past three years as Global Head of People.
...
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By Suntera Global on
8 October 2020
As part of moves to develop its international fund administration business, Zedra has appointed Wim Ritz to the newly created role of Global Head of Funds, based in Luxembourg.
Wim has built up experience over 25 years in leadership and business growth. He has worked across all areas of the private...
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By Zedra on
8 October 2020
Appleby has acted as Jersey counsel to the North of England P&I Association (NOE) and its wholly owned subsidiary Sunderland Marine Insurance (SMI) in relation to the transfer of insurance business from SMI to NOE (Jersey Scheme).
The Jersey Scheme was conducted alongside a Part VII Transfer in...
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By Appleby on
8 October 2020
The City Edition of Businesslife is now available online.
Although the UK economy has been hit hard by the fallout of the coronavirus pandemic, the City of London and the UK in general remain a “secure and stable jurisdiction, and the Channel Islands will continue to act as a major conduit to...
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By BL Global on
7 October 2020
Imperium Trust Company (UK) – whose parent company is based in Guernsey – has acquired corporate and accountancy services business Vicena International.
Vicena, a family business founded in 1993, is based in Kent and has developed an international client base.
Imperium Dire...
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By Imperium Trust on
7 October 2020
Deloitte is hosting a webinar on 13 October focusing on the significance of the recent Ocean Finance ruling, as well as cross-border VAT considerations now and in the post-Brexit landscape.
Last week, the First-Tier Tribunal ruled that Ocean Finance’s structure was not an abuse of the law, co...
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By Black Vanilla on
7 October 2020
Grant Thornton Channel Islands has promoted eight staff across its offices in Jersey and Guernsey.
The promotions are focused for the most part on its Audit team, with one in its People and Culture team.
The Guernsey promotions include:
• Gashirai Masvikeni (pictured right) to Audit Manager
&...
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By Grant Thornton on
7 October 2020
Magellan Consultancy has appointed its Senior Consultant John Patterson to the role of Director.
Based in Jersey, John joined the management consultancy firm in 2016 and has delivered a range of change programmes and business transformation projects for clients in the private and public sector...
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By ExposurePR on
7 October 2020
The International Stock Exchange (TISE) has announced the appointment of Cees Vermaas as CEO of its parent company, The International Stock Exchange Group (TISEG).
Cees has previously held executive positions at several international exchanges, including CEO of CME Europe, CEO of Euronext Amsterdam...
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By TISE on
6 October 2020
Citywealth has announced the results of its 2020 Brand Management & Reputation Awards, presented in London this week.
Now in their fifth year, the awards highlight the best brands emerging in a consolidating financial industry.
Gold, silver and bronze awards in 23 categories aim to recog...
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By BL Global on
6 October 2020
Guernsey law firm Ferbrache & Farrell has added to its corporate and commercial team with the appointment of Joshua Black as an Associate.
Joshua joins Ferbrache & Farrell having spent almost three years with Richmond Fiduciary Group, latterly as Company Secretarial Officer.
Prior to this,...
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By Clicksmith on
6 October 2020
Following the publication of Jersey’s first National Risk Assessment, the Jersey Financial Services Commission is hosting an industry webinar this week to explain the report and its findings.
Hosted by the Commission's Chief Adviser, Financial Crime, Hamish Armstrong and International Ass...
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By Jersey Financial Services Commission on
6 October 2020
Statistics Jersey has published its latest report presenting estimates of the size and performance of Jersey's economy in 2019. The key points are as follows:
Gross Value Added (GVA)
• Total GVA increased by 2.1% in real terms on an annual basis
• Total GVA of Jersey’s eco...
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By Government of Jersey on
5 October 2020
Mourant has appointed Julie Melia as Head of Property in Jersey.
Julie brings to the role more than two decades of experience. She specialises in all areas of Jersey property, including commercial acquisitions and leases, development schemes, planning issues, mergers and acquisitions and prope...
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By Mourant on
5 October 2020
Offshore law firm Appleby, working alongside Skadden, Arps, Slate, Meagher & Flom and Latham & Watkins, has acted as counsel to the Issa Brothers and TDR Capital on their bid to acquire the Asda Group from Walmart.
The Asda Group, which was acquired by Walmart in 1999, is one of the b...
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By Appleby on
5 October 2020
The Legal 500 UK 2021 rankings have been released online, providing the latest information on law firms.
The rankings reflect detailed analysis of law firm submissions and thousands of interviews with GCs and private practice lawyers, ranking law firms and leading individuals by location and practi...
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By BL Global on
2 October 2020
Alex Picot Trust has appointed Hannah Roynon-Jones and Sarah McBrearty to its board as Directors.
They have both been promoted from the position of Associate Director, joining Andrew Le Cheminant, Derek Rhodes and Chris Cotillard on the board from 1 October.
Hannah (pictured far right) came t...
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By Alex Picot Trust on
2 October 2020
Business analytics specialist The Summit has appointed Richard Guidin to its team as a Senior Business Consultant.
Richard brings to the firm both a commercial perspective and extensive experience of technology projects and services.
He has spent 20 years running global business units, as well as ...
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By The Summit on
2 October 2020
Jersey-based SRJ Technologies has signed a strategic alliance with Japanese conglomerate Mitsui.
The non-binding agreement with Mitsui & Co (Australia) gives both companies the opportunity to promote their products across the other’s networks.
For SRJ, which was founded in Jersey i...
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By Gwyn Garfield-Bennett on
1 October 2020
HSBC has appointed Aline Ayotte as Head of Commercial Banking for the Channel Islands and Isle of Man.
Aline joined HSBC more than 20 years ago on the bank’s graduate scheme and has spent her career in front-line commercial banking roles in Canada, Hong Kong and London.
Most rec...
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By Crystal PR on
1 October 2020
Jersey fiduciary and administration solutions provider VG has appointed Paul Roper as a Director, subject to regulatory approval.
Paul joins VG from Stonehage Fleming Group, where he was a Group Partner responsible for the family office team in Jersey. He worked as key adviser to ultra-high-net-wor...
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By VG on
1 October 2020
Francis Malaspina has been promoted to Assurance Associate Partner at EY in the Channel Islands.
Francis joined EY in 2010 and has spent the past 10 years working in EY’s London Banking Capital Markets team before joining the Jersey office earlier this year.
During his time ...
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By EY on
1 October 2020
Building management specialist HLG Associates has appointed Chris Bester as Principal Environment and Sustainability Consultant to help the firm develop its approach to this issue.
Chris brings to HLG more than a decade of practical experience in environmental management. He has spent th...
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By HLG Associates on
1 October 2020