Corporate services provider Sanne has entered into an agreement to acquire Luxembourg Investment Solution (LIS) and Compliance Partners (CP).
LIS is a third-party Alternative Investment Fund Manager (AIFM) with assets under administration in excess of €8.3b. It is authorised to deliver ma...
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By Liquid on
29 September 2017
Cloud solutions provider Calligo has purchased AMS Systems PSF, a Luxembourg-based IT services business that provides managed services and cloud infrastructure to the financial services sector.
Julian Box, Chief Executive Officer at Calligo, said: “Establishing a presence in Luxembourg i...
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By Calligo on
29 September 2017
Aurigny has announced plans to partner with budget airline easyJet, which promises easier and guaranteed connections with international flights.
The Guernsey airline has signed a memorandum of understanding with easyJet, allowing it to use the connections and distributions service Worldwide by easy...
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By Aurigny on
29 September 2017
Barclays has appointed Jo Alford to the role of Eco-Systems Manager at its business innovation hub, Barclays Eagle Lab, in Jersey.
Jo will ensure that that Eagle Lab is a fully functional and supportive space for collaboration and creativity for all co-workers, members and visitors.
Sh...
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By Orchard PR on
29 September 2017
Bermuda has become the first overseas territory to be awarded whitelist status by France, according to Bermuda newspaper The Royal Gazette.
The status required Bermuda to meet several conditions, including becoming an early adopter for 2016 year data and establishing a country-by-country (CBC) repo...
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By The Royal Gazette on
28 September 2017
Financial services consultancy Optimus Group has announced the appointment of two senior finance specialists in Guernsey.
Nigel Le Cras (pictured) has been named Head of Compliance, bringing more than 30 years’ experience in offshore finance to the role.
Nigel has been a Complian...
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By Balele Group on
27 September 2017
Highvern Trustees has launched a dedicated Family Office Services team.
The new team, many of whom already provide family office services to Highvern’s clients, started operating this month, led by Naomi Rive (pictured), Group Director and Head of Family Office, and Ross Collins, Associate Di...
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By Highvern Trustees on
26 September 2017
RBS International has appointed Joanna Dentskevich to its board as a Non-Executive Director.
Based in Jersey, Joanna has been an independent business consultant and Non-Executive Director for funds and corporate institutions in the UK, Jersey and Luxembourg, including LSE-listed, infrastructure, cr...
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By Crystal PR on
26 September 2017
A senior professional from Jersey was recognised at the Institute of Directors' UK Director of the Year Awards last week.
Tim Crowley, Managing Director of La Mare Vineyards – who picked up a Jersey Director of the Year Award in April – was named SME Director of the Year at the...
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By Crystal PR on
25 September 2017
The Guernsey Investment Fund Association, in association with the Alternative Investment Management Association, is hosting an Autumn Update in central London.
The free-to-attend breakfast event will be held on 10 October. It is expected to attract hedge fund managers and advisers and will take the...
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By Aver Partners on
25 September 2017
This Wednesday, Preqin, the alternative assets industry’s leading source of data and intelligence, will be hosting a special seminar on the global alternative assets industry and where the Channel Islands sit in that landscape.
Using their own data, which encompasses over 25,000 alternative a...
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By BL Global on
25 September 2017
On-demand air taxi service Waves, which launched earlier this year, has been granted an Air Operator Certificate by Guernsey’s air registry, 2-Reg.
This means the company can start carrying freight as well as passengers. It will now begin its freight operation and start the soft launch ...
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By Liquid on
25 September 2017
Zedra Group has announced the appointment of Eileen Yee to the position of Executive Director in its Singapore office, where she will focus on the development of the company’s pan-Asian trust business.
Eileen brings more than 20 years’ experience of the Singaporean high-net-worth ...
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By Nacelle on
25 September 2017
The Government of Jersey is seeking the views of interested parties on the introduction of a civil forfeiture regime for Jersey to strengthen its regime to fight financial crime.
This new legislation, if enacted, would create a civil forfeiture procedure that would apply to cash and assets he...
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By States of Jersey on
22 September 2017
The Jersey Society for Chartered and Certified Accountants (JSCCA) has appointed a new executive committee to support its members and represent the accountancy profession in Jersey.
Following its recent Annual General Meeting, Paul Woodman has been named President, with Wendy Martin supporting him ...
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By JSCCA on
22 September 2017
Guernsey-based security specialist West Sealand International (WSI) has acquired its European partner, Shield Risk Consulting (SRC).
WSI Founding Partner and Director Mike Allen said managing security risk is becoming more complex, effecting all aspects of commercial and personal activity. The...
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By Liquid on
22 September 2017
Outsourced services provider Ipes has appointed Gary Ayres as a Senior Manager in the Jersey Office.
Gary is responsible for the management and development of the Jersey client delivery teams and the associated client portfolios and relationships.
He brings 11 years’ asset management experie...
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By Ipes on
22 September 2017
Recruitment firm Alexander Daniels has appointed Christina Guille to the role of Client Manager within its Guernsey office.
Christina has more than eight years’ experience in the local recruitment market, specialising in the finance sector and handling candidates up to Director level.
...
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By Alexander Daniels on
21 September 2017
Corporate services provider Alter Domus has signed an agreement to acquire Luxembourg Fund Partners, subject to regulatory approvals from Luxembourg.
On completion of the deal, Alter Domus will be able to provide set-up support, administration and management company services to the alternativ...
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By Alter Domus on
21 September 2017
Startup Guernsey has announced an event on 9 October – Guernsey Data Conference 1.0 – that will consider how Guernsey can exploit the economic benefits of big data.
Keynote speaker William Mason, Director General of the Guernsey Financial Services Commission, will discuss big data ...
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By Startup Guernsey on
21 September 2017
Bedell Cristin has successfully acted for the plaintiffs in a long-running trust dispute that’s resulted in the reconstitution of a trust fund worth $200 million.
After years of litigation and a trial lasting almost three months, the Royal Court of Jersey found in favour of the plaintif...
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By Bedell Cristin on
21 September 2017
The Law Officers’ Department (LoD) and the Jersey Financial Services Commission are hosting a conference next month on the latest developments in the UK on serious crime.
The half-day conference in Jersey – at La Mare Wine Estate on Tuesday 10 October – will feature presentations ...
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By Jersey Financial Services Commission on
21 September 2017
The Jersey Chamber of Commerce’s next Lunch event will be held on 11 October at the Radisson Blue.
Entitled ‘Jersey as a Smart Island: how the Internet of Things is set to transform the way we live and work’, the event will explore two technologies that are set to change our...
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By Jersey Chamber of Commerce on
20 September 2017
Mourant Ozannes Guernsey’s corporate team has advised Endeavour Mining Corporation, a public corporation incorporated in the Cayman Islands and listed on the TSX in Canada, on its acquisition of Guernsey TSX-listed Avnel Gold Mining.
The takeover was completed by way of a Guernsey schem...
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By Mourant Ozannes on
20 September 2017
Heathrow Airport has urged for the scrapping of Air Passenger Duty (APD) and a growth in domestic routes, with Jersey and Guernsey included in a map of potential new routes.
In a letter to UK Chancellor Philip Hammond ahead of the upcoming Autumn budget, Heathrow urged the government to scrap domes...
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By BL Global on
20 September 2017
Adèle Perrot has been announced as the new Chair of the Guernsey branch of the Society of Trust and Estate Practitioners (STEP).
Adèle, a Business Development Manager for Butterfield Trust (Guernsey), has previously served on the committee of the island’s STEP branch as Company ...
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By Liquid on
20 September 2017
Global technology solutions provider Linedata is to host Linedata Live Channel Islands 2017 next month.
The free-to-attend networking event will examine operational risk, business process management, the challenges of converging asset management industries and ethical funds in an offshore sett...
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By Linedata on
20 September 2017
Yvonne Taylor has joined Vantage Wealth, the Vantage group’s independent financial advisory business, as a Wealth Manager who will advise private and corporate clients across Jersey.
An established financial adviser in both the UK and Jersey, Yvonne has spent more than 30 years offering pensi...
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By Vantage on
20 September 2017
HSBC has appointed Kara Lisik as Country Head of Marketing for the Channel Islands and Isle of Man.
Based in Jersey, and with responsibility for all marketing activities in the Channel Islands and Isle of Man, Kara’s new role will involve implementing brand strategy for the bank’s retai...
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By Crystal PR on
19 September 2017
The total value of funds business in Guernsey grew by £4.5bn (1.6 per cent) during the second quarter of this year, according to the Guernsey Financial Services Commission (GFSC).
Its figures show that at the end of June 2017, the net asset value of all funds under management and administrati...
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By Orchard PR on
19 September 2017
Financial services provider State Street has promoted Paul Mundy to Head of Alternative Investment Solutions (AIS) for the Channel Islands.
In this new role, Paul has management responsibility for the private equity and real estate fund administration businesses in Jersey and Guernsey. He als...
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By Crystal PR on
19 September 2017
Volaw Group, an independent provider of fiduciary and administration solutions to individual, family, corporate and institutional clients, has announced a corporate rebranding and name change to VG.
According to the firm, the rebranding reflects both the evolution of the company and its vision for ...
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By Volaw on
18 September 2017
SaSo Strategic Advisers has welcomed two new equity partners to the company. John Leonard and Garry Forbes both join the firm as Director, Private Clients.
They will both provide financial advice and relationship management support to private clients and trustees, predominantly based in Jersey &nda...
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By SaSo Strategy Advisers on
18 September 2017
The Law Society of Jersey, the statutory regulatory body for Advocates and Solicitors of the Royal Court, has appointed Advocate John Kelleher as its new President, in succession to Advocate Jonathan Speck.
John was called to the English Bar in 1991 and was sworn in as a Jersey Advocate in 1994. He...
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By Law Society of Jersey on
18 September 2017
Global corporate service provider Vistra has entered into a definitive agreement to acquire the corporate services business of Deutsche Bank’s Global Transaction Banking division.
The corporate services business provides management and administration of SPVs and asset holding c...
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By Nacelle on
14 September 2017
Grant Thornton Channel Islands has appointed Peter Cornell to the position of Non-Executive Chairman.
Peter has had a long career in the legal and financial services market, both globally and within the Channel Islands. He has served as Global Managing Partner for Clifford Chance and Managing Direc...
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By Grant Thornton on
14 September 2017
Leadership Jersey’s next event, Leadersmithing - Crafting leaders of character for Jersey, held in partnership with Business Connect, will take place on Wednesday 27 September at the Freedom Centre, St Helier.
The guest speaker will be Dr Eve Poole (pictured), adjunct faculty at Ashridge Busi...
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By Leadership Jersey on
14 September 2017
Offshore banking lawyer Simon Felton has joined Ogier's banking and finance team as a Partner.
Simon joins from Mourant Ozannes, where he has held Managing Partner roles in New York and London since 2007.
He specialises in leading international teams working on complex structured finance trans...
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By Ogier on
14 September 2017
Guernsey has been ranked as the top European specialist finance centre in The Banker’s annual ranking of international finance centres (IFCs).
The Financial Times-owned monthly international affairs publication bases its ratings on data ranging from financial market indicators to econom...
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By Orchard PR on
13 September 2017
The Guernsey Financial Services Commission has hosted a series of meetings held by the International Organisation of Securities Commission (IOSCO) Committee 4 and Screening Group, which focuses on cross-border security issues.
The meetings, attended by representatives from 29 countries, discu...
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By Guernsey Financial Services Commission on
13 September 2017
With just a fortnight to go to the Channel Islands Funds Forum – the largest annual funds event in the islands – only a limited number of seats remain.
The forum, which takes place on Wednesday 27 September, starts with a pre-conference presentation from Preqin on the global alternative...
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By BL Global on
13 September 2017
The number of alternative fund managers marketing into Europe through Jersey’s national private placement regimes (NPPRs) continued to rise during the first half of 2017 and there’s been a strong uptake in the new Jersey Private Fund (JPF), according to mid-year figures from the Jersey F...
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By Jersey Finance on
13 September 2017
Babbé Partner Stuart Tyler (pictured right) and Senior Associate Chris Dye (below) have issued a briefing note on the new Register of Beneficial Ownership
On 15 August, the Beneficial Ownership of Legal Persons (Guernsey) Law, 2017 and its regulations came into force. It establishes a Regist...
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By Babbé Legal on
13 September 2017
Claire Le Brocq has been promoted to Managing Director of Alternative Investments (Jersey) and appointed to Ocorian’s Executive Committee.
Operating from the firm's Jersey office, Claire has over 20 years’ experience working in the finance and investment industry, including more tha...
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By Ocorian on
12 September 2017
Financial services provider Enhance Group has appointed Tom Wiseman (pictured) as Group CEO from 1 October, taking over from James Painter, who will become Executive Chairman.
Tom is currently Managing Director of Enhance’s London business, a role he has held for almost two years. He wil...
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By Enhance Group on
12 September 2017
Impact investing is increasingly taking hold, as allocators recognise the return benefits, and this presents opportunities for established international financial centres.
So says a white paper from Guernsey Finance – Redrawing boundaries: How impact investing is making a difference. Based on...
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By Orchard PR on
12 September 2017
Jersey Finance has named Lisa Springate as its new Head of Technical, with effect from 20 November. She succeeds Tom Cowsill, who has been in the role since May 2016.
Lisa joins Jersey Finance from Bedell Cristin’s Jersey office, where she has been part of the commercial litigation team for m...
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By Jersey Finance on
12 September 2017
The Channel Islands Competition and Regulatory Authorities (CICRA) is holding a competition law and regulation seminar in both Guernsey and Jersey next week, to help businesses and consumer groups learn more about the impact of competition law.
The seminar will be held from 1.30pm to 3.30pm a...
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By Orchard PR on
12 September 2017
Nicola Ingram, Director at Oben Regulatory in Jersey, examines the new Legal Entity Identifier, the firms in the Channel Islands that will be affected by it, and what action needs to be taken
What is a LEI and why is it needed?
Letters are arriving in the Channel Islands from stockbrokers in the U...
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By Nicola Ingram on
11 September 2017
The Society of Trust and Estate Practitioners (STEP) Guernsey lecture series relaunches this week, with the first lecture taking place on Monday 11 September in The Dorey Room, St James.
The lecture series includes business presentations that aim to help Guernsey practitioners take a global p...
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By Mourant Ozannes on
11 September 2017
Ogier in Jersey has advised private equity firm Hellman & Friedman and Singapore sovereign wealth fund GIC on the acquisition of Allfunds Bank for approximately €1.8bn, from Banco Santander, Intesa Sanpaolo, General Atlantic and Warburg Pincus.
This included a successful public ...
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By BL Global on
11 September 2017
Corporate services provider Sanne has appointed Oliver Morris to the role of Head of Private Equity - EMEA, based in the firm’s Jersey office.
Oliver’s focus will be to drive Sanne’s EMEA private equity business and develop new business initiatives.
An exper...
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By Liquid on
9 September 2017
Guernsey-based creative agency LRD has promoted Emily Gledhill to the position of Account Director.
Emily, who has been with the agency since 2015, previously served as its Account Manager. She recently became one of the first Channel Island practitioners to obtain the IPA’s new Accredited MI...
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By LRD The Big Idea on
9 September 2017
Fund manager Blackstone has completed the acquisition of a portfolio of Channel Islands and UK registered investment vehicles worth £559 million.
Offshore law firm Appleby Global provided the Guernsey and Jersey-based legal advice to the real estate funds managed by Blackstone as part of the ...
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By BL Global on
7 September 2017
A marketing group has launched in Jersey, focusing on the professional services industry.
Professional Services Marketing Group (PSMG) Jersey has been formed by senior marketers on the island to exchange ideas, share best practice, collaborate on projects and advance the reputation of the professio...
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By Carey Olsen on
7 September 2017
The STEP Private Client Awards, presented at a ceremony in London this week, included several firms that are based in or have operations in the Channel Islands:
• Accountancy Team of the Year (large firm) – EY Private Client Services Nordics
• Accountancy Team of the Year (mid...
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By BL Global on
7 September 2017
Offshore law firm Collas Crill has opened an office in Hong Kong, and has appointed Simon Fraser (pictured), who is based in Hong Kong, as a consultant.
Stephen Adams, Managing Partner of the Singapore office, will have responsibility for the new Hong Kong operation, working with Simon to extend th...
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By Collas Crill on
7 September 2017
Financial services provider Highvern Trustees has made two senior promotions in its private client trust business in Jersey.
Ross Collins has been appointed as Associate Director within Highvern’s newly formed Family Office Services team.
Ross has over 16 years experience within the t...
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By Highvern Trustees on
6 September 2017
The international division of Standard Bank, Wealth International – headquartered in Jersey, with offices also in the Isle of Man, Mauritius, London and South Africa – has reported a positive set of results for the first half of 2017.
• Headline earnings, the primary measure o...
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By BL Global on
6 September 2017
HSBC has named Jonathan Langan (pictured) as its new Chief Financial Officer in the Channel Islands and the Isle of Man.
Jonathan joined the HSBC Group in 2006 in London, where he held a number of roles across global banking and markets and global asset management. He spent his early career with EY...
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By Crystal PR on
6 September 2017
Intertrust's fund services business has assisted iCON Infrastructure with the first and final closing of its new €1.2bn fund, iCON Infrastructure Partners IV.
iCON, an independent investment group, focuses on privately held investments in infrastructure assets in Europe and North Ame...
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By Orchard PR on
5 September 2017
Mourant Ozannes' Guernsey corporate team has advised Japanese conglomerate Mitsui on the sale of its 25 per cent interest in UK hydro power firm First Hydro to North American company Brookfield Renewable.
The transaction was brought about by a reorganisation of the existing joint venture ...
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By Mourant Ozannes on
5 September 2017
Jersey-based cloud services provider Calligo has purchased the IT services division of Fusion Systems, which operates from Guernsey.
Calligo says the deal will give it a stronger presence in Guernsey, building on its cloud infrastructure in the island.
All existing...
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By Calligo on
5 September 2017
Several Channel Islands-based practitioners have been highlighted in eprivateclient's Top 35 Under 35 list for 2017.
The annual list names 35 male and 35 female rising stars within the private client advisory professions from the UK and UK offshore. It is considered to be the definitive list of...
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By BL Global on
5 September 2017
Ogier, Babbé and Collas Crill have been involved in the successful defence of Carlyle Capital Corporation's Non-Executive Directors in the Royal Court of Guernsey.
The claim, for nearly $2bn, was brought by Carlyle Capital’s liquidators against its Directors, Investment Manag...
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By BL Global on
5 September 2017
First Names Group has appointed Robert Hessing as Director, Corporate Services in its Luxembourg office.
With over 21 years’ international experience in the US and Luxembourg, Robert specialises in private equity and corporate real estate transactions.
At First Names, he will work with...
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By First Names Group on
5 September 2017
Heritage International Fund Managers (HIFM) is to offer portfolio and risk management services for alternative investment funds as part of a new management company (manco) solution.
Heritage has provided risk management solutions to a range of clients since the inception of the Alternative I...
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By Quill PR on
5 September 2017
Tom Davies (pictured) has been appointed as a Partner within Bedell Cristin's London team, after four years with the firm.
A specialist in advising on Jersey structures in relation to overseas real estate investment, Tom has been involved in the sale and purchase of Jersey asset holding structu...
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By Bedell Cristin on
4 September 2017
Two of the management team of communications agency Orchard PR – Brooke Kenyon and Chris Chilton – have acquired the company from its founders, Steve and Lois Falla.
They will lead Orchard with immediate effect, with Brooke as Client Services Director and Chris as Operations Director. S...
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By Orchard PR on
4 September 2017
The Government of Jersey has published a report containing the results of the Brexit Residents’ Survey, which was completed by over 800 islanders earlier this year in conjunction with the Let’s Talk Brexit public engagement campaign.
The survey was designed to examine the reasons people...
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By States of Jersey on
4 September 2017
According to a cyber security survey conducted by the Jersey Financial Services Commission (JFSC), 32 per cent of local financial services companies that responded did not have a cyber incident response plan in place.
Equally, a third of respondents did not have a documented risk-assessment o...
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By Jersey Financial Services Commission on
4 September 2017
Guernsey-based trust and corporate service provider Imperium Trust Company has appointed Jodi Langlois to the newly created position of Trust Manager.
Jodi brings 15 years’ fiduciary sector experience to the role, having worked for a number of corporate service providers on the island.
...
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By Trish Grover on
4 September 2017
Rajah Abusrewil has been promoted to Partner at Babbé, having joined the trusts and pensions team at the law firm in November 2015.
Rajah has spent over 12 years in private practice. She has served as a solicitor in London law firm Moon Beever, as a barrister and attorney in Bermuda, a...
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By Babbé Legal on
4 September 2017