Guernsey-based Saffery Champness Registered Fiduciaries has opened an office in the United Arab Emirates, within the Dubai International Financial Centre.
The new permanent office has been established to support and expand the firm’s intermediary network and assist with servicing existi...
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By Orchard PR on
27 September 2018
Bedell Cristin Guernsey has acted as lead adviser to EV Private Equity, an independent growth equity firm focusing on new technologies in the oil and gas sector, on the launch of its latest Guernsey fund, EV Private Equity V Plus LP, a Guernsey private investment fund (PIF).
The PIF was struc...
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By Bedell Cristin on
26 September 2018
Fiduciary and administration provider Estera has acquired Luxembourg-based third-party management company Allegro.
The deal, which was agreed on 20 September, is subject to regulatory approval in Luxembourg.
Allegro, which was founded 10 years ago, is a licensed and regulated fund mana...
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By Estera on
25 September 2018
Canaccord Genuity Wealth Management has appointed Greg Powell as Investment Director within its Jersey office.
Greg has worked in the wealth management and investment industry for more than 20 years, managing a range of clients, including high-net-worth individuals, charities and intermediaries.&nb...
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By ORCHID on
24 September 2018
Maples and Calder in Jersey has been admitted as a listing member of The International Stock Exchange (TISE).
Last week the firm launched its new legal service offering from Jersey and now Maples Listing Services (CI) has been approved to arrange and sponsor the listing of all types of securi...
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By TISE on
24 September 2018
Offshore law firm Carey Olsen has advised Singaporean ultra-high-net-worth family office Pacific Eagle on the £180 million purchase of Belstaff House in London.
The property at 135-137 New Bond Street is a Grade II-listed building and home to luxury clothing brand Belstaff's flagshi...
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By Carey Olsen on
24 September 2018
Financial services group Ravenscroft is to acquire Royal London Asset Management CI and Royal London Custody Services CI to expand its existing cash management offering.
The two businesses are being bought for an undisclosed sum from Royal London Mutual Insurance Society, with all five employees mo...
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By Ravenscroft on
21 September 2018
Law firm Maples and Calder has opened a new office in Jersey. The group now provides Jersey legal services in the corporate, finance and investment funds areas, as well as listing agent services for the listing of securities on The International Stock Exchange (TISE) in the Channel Islands.
T...
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By Maples and Calder on
21 September 2018
Public relations professional Dan Gallienne has been promoted to the senior team at Orchard PR.
Having joined Orchard four years ago as an Account Executive, he has now been named Account Director at the communications company.
More recently, as Account Manager, he has had responsibility for two c...
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By Orchard PR on
20 September 2018
Offshore law firm Mourant Ozannes has advised Low Carbon, a privately owned investment company, in connection with the establishment of VLC Renewables Fund I.
VLC Renewables was established in Jersey as an unregulated eligible investor fund and structured using Jersey limited partnerships. It...
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By Mourant on
20 September 2018
PraxisIFM Group has reported an increase in revenue of 21 per cent as part of the company's 2018 annual results.
Revenue rose to £42.5 million, with adjusted EBITDA up from £9 million in 2017 to £9.9 million this year.
The group also reported organic growth of 11 per cent and...
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By Orchard PR on
20 September 2018
The Channel Islands Competition and Regulatory Authorities (CICRA) has appointed John Curran as a Non-Executive Director.
He will replace Philip Marsden, who has completed his term of office, having served on the board of CICRA since September 2010.
John is a former Chief Executive of ...
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By ORCHID on
19 September 2018
Chris Barling has joined the board of Ravenscroft Holdings, bringing with him 10 years at PLC board level as an Executive, Senior Independent Director and Chair of Remuneration.
He has worked with FTSE 100 and FTSE 350 companies, including eight years with financial services business Hargreaves Lan...
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By Ravenscroft on
19 September 2018
Jersey-headquartered financial services group JTC has announced its first set of results as a London-listed company, reflecting a strong performance over the first six months of 2018.
The results, announced to the market on 18 September, show that overall group revenue increased by £7.1 milli...
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By Crystal PR on
19 September 2018
Lawyers from Carey Olsen's corporate team in Jersey have advised the ad-hoc group of secured creditors of Concordia International, a publicly listed international generics pharmaceuticals business, on its $3.7bn recapitalisation.
The recapitalisation, implemented by way of a court-approve...
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By Carey Olsen on
19 September 2018
The latest national Top 35 Under 35 has been announced by eprivateclient, which pays tribute to a number of professionals working in the Channel Islands:
MEN
Guernsey
• Chris Duncan, Senior Associate, Mourant
• Joe Woodward, Manager, Intertrust
• Kit Hobbs, Head of Legal, Bellerive T...
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By BL Global on
19 September 2018
With just a week to go to the Channel Islands Funds Forum, only a limited number of seats remain for the largest annual funds event in the islands.
The Channel Islands Funds Forum – ‘Untangling Complexities in Challenging Times’ – is produced in partnership with Appleby, spo...
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By BL Global on
19 September 2018
More money was spent on M&A transactions in Jersey than any other offshore jurisdiction in the first half of 2018, according to a newly released report by offshore law firm Appleby.
The latest edition of Offshore-i, which provides data and insight on merger and acquisition activity in th...
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By Appleby on
19 September 2018
Citywealth's IFC Powerwomen Top 200 for 2018 has been released, including the broad range of professionals from Jersey and Guernsey listed below.
The Top 200 list focuses on influencers as well as professionals and celebrates powerful women from diverse backgrounds. It recognises women of achie...
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By BL Global on
19 September 2018
Collas Crill, together with JTC, has advised on the establishment of ACM, an open-ended investment fund, and its registration as a Private Investment Fund with the Guernsey Financial Services Commission.
ACM intends to invest in listed stocks with high liquidity and commodities, with an expec...
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By Black Vanilla on
18 September 2018
Recent high-profile Guernsey liquidations have underlined the importance of changes to the island’s corporate insolvency regime, which are expected to come into force early next year, according to Babbé Partner Todd McGuffin (pictured).
The reforms provide stronger measures to protect ...
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By Orchard PR on
18 September 2018
Guernsey airline Waves has announced that its parent company, Waves Technologies, is going into voluntary liquidation.
The airline's owners say pressure from Waves’ recent Royal Court and Petty Debt judgments has forced the company into liquidation.
WO1, which includes the Waves aviation...
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By BL Global on
18 September 2018
Hatstone has appointed Philipp Neumann as Group Partner to lead Hatstone’s recently launched British Virgin Islands practice.
Philipp joins Hatstone from BVI-based Campbells, having worked in the British Virgin Islands for over eight years, including a period with Carey Olsen.
He has a stron...
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By Hatstone Lawyers on
18 September 2018
Ogier's Jersey corporate law team has advised on the purchase of a £13 million Manchester city centre student housing project.
Partner Sara Johns and Senior Associate Oliver Richardson led the team, who advised a Singapore-based bank on the Jersey law aspects of the transaction, alongside...
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By Ogier on
18 September 2018
Island centres have performed poorly in the latest Global Financial Centres Index, GFCI 24, which provides rankings for 100 major financial centres around the world.
With the exception of Bermuda, which rose six places, the Crown Dependencies of Jersey, Guernsey and the Isle of Man all fell signifi...
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By Lansons Communications on
14 September 2018
The introduction of legislation in Jersey that enables the establishment of limited liability companies (LLCs) has the potential to significantly enhance business with the US, according to Jersey Finance.
The Draft Limited Liability Companies (Jersey) Law was approved by Jersey’s government t...
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By Crystal PR on
13 September 2018
Le Gallais & Luce has appointed Advocate Michelle Palmer as an Associate.
Michelle will divide her time between the litigation and property departments, advising on a wide range of legal topics, including property and conveyancing, wills and succession, criminal, family, personal inju...
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By Freedom Media on
13 September 2018
Collas Crill has advised on the Guernsey aspects of the €24 million off-market acquisition of an office building in Houthaven, Amsterdam, by a Luxembourg subsidiary of recently established Guernsey special-purpose vehicle Danzi Holdings.
The deal sees Avignon Capital, Cedrus Invest Bank ...
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By Black Vanilla on
13 September 2018
Digital excellence, innovation and inclusivity will be at the heart of the fifth National Coding Week (NCW) on 17-23 September.
Jersey-based NCW Head of Strategy Jonathan Channing said the 2018 programme of events, to be held in Jersey and Guernsey, demonstrates the relevance of digital know...
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By Direct Input on
11 September 2018
Carey Olsen's investment funds team in Jersey has advised European mid-market investor Capvis on the final closing of Capvis Equity V at just under €1.2bn.
The fund, which exceeded its €1bn target and the €0.7bn raised by Capvis Equity IV, is the latest and largest Capvis f...
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By Carey Olsen on
11 September 2018
With just over two weeks to go to the Channel Islands Funds Forum, BL Events has announced that several funds industry hard-hitters will be joining this year’s speaker line-up.
The Channel Islands Funds Forum – ‘Untangling Complexities in Challenging Times’ – is produc...
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By BL Global on
11 September 2018
Jersey Finance has launched its latest private wealth thought leadership report, Flourishing Futures: Making Succession a Success.
Written with law firm Bedell Cristin, the report sets out to address the challenges arising from the intergenerational transfer of wealth. In the next 30 to 40 ye...
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By Jersey Finance on
11 September 2018
Vantage HBA (VHBA) has acquired the business of Isle of Man-based company Arpeggio.
VHBA, a Jersey-based specialist human resources advisory and recruitment firm, also provides remuneration surveys for all job levels and pay sectors. It has provided surveys in the Channel Islands for 22 years and i...
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11 September 2018
Canaccord Genuity Wealth Management has appointed Tim Sanders as Head of its Jersey office.
An experienced wealth management professional, Tim joins from Brooks Macdonald, where he has been Senior Investment Director for the past seven years.
Tim manages a wide range of investment mandates, ...
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By Orchard PR on
11 September 2018
BCR Law has announced that Advocate Alison Brown has joined the firm, where she will specialise in family and criminal law matters.
Advocate Brown trained as an English solicitor in York, qualifying in 1981. She practised law in Yorkshire before moving to Jersey in 2004 and was called to the Jersey...
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By BCR Law on
11 September 2018
Sanne Group Asia has been authorised by the Hong Kong Companies Registry, under Section 53G of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, to provide trust or company services in Hong Kong.
The authorisation enables Sanne to provide an enhanced suite of services to As...
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10 September 2018
The International Stock Exchange (TISE) has become home to what is believed to be the first listing on a regulated exchange of notes digitised on a blockchain.
Dom Re IC has issued notes digitised on a private blockchain. Referred to as ILSBlockchain, the mechanism replaces the role of a trad...
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By TISE on
10 September 2018
RBC Wealth Management, part of Royal Bank of Canada (RBC), has appointed Martyn Russell as Trust Director in the firm’s Guernsey-based Fiduciary Services business.
Martyn brings nearly four decades of industry experience to the role, having been a board member and Director at Equiom (Gu...
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By Greentarget on
10 September 2018
Appleby has assisted management firm DBAY Advisors, which has offices in the Isle of Man and London, with its £98.7 million takeover bid for AIM-listed IT and recruitment specialist Harvey Nash.
Appleby provided Jersey and Cayman Islands law advice on the transaction. It was instructed by DBA...
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By Appleby on
10 September 2018
Representatives from the Jersey Financial Services Commission and the government of Jersey are to give an update on current developments relating to financial crime on 19 September at St Helier Town Hall.
The update will cover:
• The current consultation proposing changes to Jersey's ...
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By Jersey Financial Services Commission on
7 September 2018
First estimates of Gross Domestic Product (GDP) for 2017 show Guernsey's economy experienced a period of strong growth in 2016 and last year.
The latest Guernsey Annual Gross Value Added and Gross Domestic Product Bulletin shows the economy grew in real terms by two per cent, to give ...
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By States Of Guernsey on
7 September 2018
Collas Crill’s Guernsey office acted as counsel to the Royal Bank of Scotland International, trading as NatWest International, for the bank's provision of a multimillion-pound revolving credit facility to Guernsey Electricity.
The facility is being provided to assist Guernsey Electricity ...
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By Black Vanilla on
7 September 2018
The international division of Standard Bank Wealth, Wealth International – which is headquartered in Jersey, with offices in the Isle of Man, Mauritius, London and South Africa – has announced a strong set of results for the first half of 2018.
Headline earnings (the primary measu...
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By Direct Input on
7 September 2018
The Channel Islands Information Security Forum (CIISF) has announced the headline speakers for this year's conference, to be held on 20 September at The Royal Yacht Hotel in St Helier.
Paddy McGuinness (pictured) was until earlier this year the UK’s Deputy National Security Advi...
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By CIISF on
7 September 2018
Offshore law firm Collas Crill has appointed Partner Ian Montgomery as Head of Corporate, Finance and Funds in its British Virgin Islands office.
Ian was previously based in the firm’s Jersey office, where he advised financial institutions, public and private businesses, individuals and funds...
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By Black Vanilla on
7 September 2018
Tax transparency and disclosure specialist Giovanni Canton has joined EY’s Channel Islands tax team as a Senior Manager.
Giovanni has extensive experience of helping financial services firms comply with changing tax transparency and disclosure rules. He has supported clients with the Fo...
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By EY on
7 September 2018
Fund, corporate and private wealth services provider JTC has entered into a conditional agreement to acquire Jersey-based firm Minerva.
The transaction is expected to complete in early November, subject to regulatory approvals, with full integration of Minerva's business into JTC due...
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By Crystal PR on
6 September 2018
Zoe Blomfield, Managing Partner at Viberts in Jersey, explains how the introduction of a new law will bring major changes to lasting powers of attorney in the island
On 1 October, one of the most significant new laws in recent years will come into force in Jersey and will affect many people living ...
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By Viberts on
6 September 2018
Financial services provider Ocorian has made two senior promotions in Jersey, with Nick Terry and Nick Cushion becoming Executive Directors.
Nick Terry (pictured right) takes up the role of Executive Director, Real Estate. He is a Chartered Surveyor with over 16 years' property experience, spec...
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By Ocorian on
6 September 2018
Jersey-based financial services group Highvern has appointed private equity specialist Mark Primrose as an Associate Director and Head of Client Accounting.
Mark qualified as a Chartered Accountant with KPMG before moving to an in-house role with Apax Partners. He joins Highvern having most r...
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By Highvern on
5 September 2018
Issue 58 of Businesslife is now available online.
With the UK government trying to force the issue of public registers of beneficial ownership, our cover feature in this issue examines the state of play in the Crown Dependencies and Overseas Territories.
Guernsey and Jersey have long m...
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By BL Global on
5 September 2018
Law firm Appleby has appointed James Fox as Partner within the group’s Jersey corporate team.
James, a Jersey Advocate, has more than 18 years’ experience as a transactional corporate and commercial lawyer. He started his career at Shepherd and Wedderburn, then Dundas & Wilson in th...
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By Appleby on
5 September 2018
The total value of funds business in Guernsey is at a five-year high, following a predicted rise in net asset value in Q2 2018, according to the latest figures from the Guernsey Financial Services Commission.
The figures for the end of June 2018 showed that net asset value stood at £276...
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By We Are Guernsey on
4 September 2018
Guernsey-based insurance management and financial adviser Robus Group has appointed Andy Matthews as Managing Director of its Gibraltar office.
Andy has lived in Gibraltar for two years. Prior to joining Robus Group, he served as Managing Director of Gibraltar-based insurer Horizon. ...
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By Orchard PR on
4 September 2018
After almost 12 years in the role, Jersey Finance Chief Executive Geoff Cook (pictured) has decided to move on.
Appointed in 2007, Geoff has been at the helm of the organisation, helping guide the island through the financial crisis of 2007/08 and playing a key role over the past decade in dr...
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By Crystal PR on
4 September 2018
Real estate services and investment management company Colliers International has acquired Jersey-based firm Asset Leverage Consultants (ALC).
ALC Managing Director Ben Thomason and six others from ALC will transfer to Colliers International Jersey, as part of the firm's UK Nationa...
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By BL Global on
4 September 2018
Communications consultancy Liquid has made a number of appointments within its Jersey office.
Colin Pereira has joined as Senior Designer, supporting the design team on local, national and international clients across a number of sectors, including professional services, food and education.
...
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By Liquid on
4 September 2018
Carey Olsen's corporate team in Jersey has acted on the launch of the GNY Token by gny.io – one of the first initial coin offerings (ICOs) to receive consent from the Jersey Financial Services Commission (JFSC) since the publication of the JFSC's ICO Guidance Note.
The GNY Token...
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By Carey Olsen on
4 September 2018
The Institute of Directors has selected Jersey-based corporate governance specialist Charlotte Valeur as its new Chair.
Charlotte has held seven directorships at public companies, including three as Chair, over the past decade. With a background in finance, including stints at Societe Generale...
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By IoD on
3 September 2018
Dover Harbour Board, which owns and operates the Port of Dover, has appointed Ports of Jersey CEO Doug Bannister as its new Chief Executive. He will join the Board and take up his position by 1 March 2019.
Doug has an extensive record of leadership in the maritime, aviation and ports sectors....
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By BL Global on
3 September 2018
Following the appointment of Guernsey Financial Services Commission Director Andy Sloan as Deputy Chief Executive, Strategy, at Guernsey Finance, the Commission has made some alterations to its senior management structure.
Fiduciary, investment and pensions firms will now be supervised for con...
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3 September 2018
Bedell Cristin has appointed Guy Westmacott as a Partner, two years after he joined the firm.
A specialist in corporate and commercial matters, particularly mergers and acquisitions, Guy works on a variety of international transactions and advises on related regulatory aspects, including comp...
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By Orchard PR on
3 September 2018
Intertrust in Jersey has become a Category 1 (specialist debt) listing member of The International Stock Exchange (TISE).
The firm's Jersey Capital Markets team will now provide a listing service through a newly incorporated company, Intertrust Securities (Jersey), which will be...
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By Orchard PR on
3 September 2018
Trust, corporate and fund services provider Zedra has received approval from the Malta Financial Services Authority to complete the acquisition of Malta-based Quaestum Corporate Management, announced in May.
Quaestum Group, an independent corporate service provider based in St Julians, M...
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By Nacelle on
3 September 2018