The latest issue of Businesslife, exploring the relationship between the City of London and the Channel Islands, is now available.
The symbiotic relationship between the City and the islands only looks set to grow further amid the current volatile climate, as investors and wealth managers seek grea...
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By BL Global on
29 July 2022
Crestbridge has promoted Brian Jemwa to head up its Real Estate Funds division, providing leadership and direction to Crestbridge’s multijurisdictional real estate funds team.
With a career in cross-border financial services spanning 19 years, Brian has extensive understanding of ...
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By Crystal PR on
28 July 2022
Intertrust has published its results for the second quarter and half-year ended 30 June 2022.
Q2 highlights
• Continued growth in underlying revenue (+2.3%), driven by Rest of the World, US Fund Services and Luxembourg
• Solid pipeline – €86.6m (+8.6% year-on-year)
•...
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By Intertrust on
28 July 2022
IQ-EQ has appointed former Ocorian Executive Director Nick Cushion as a Director, based in Jersey.
Nick began his career with Ocorian as Client Director in 2003, eventually moving up to become Executive Director in 2018.
His career has also included three years as a Senior Trust Officer at Ch...
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By IQ-EQ on
28 July 2022
Aztec Group has supported Synthesis Capital with the fundraising activities and final close of its first fund, Synthesis Capital Fund I, which was established as a Guernsey Green Fund.
Raising more than $300m, the food technology fund will focus on investing in pioneering businesses bringing techno...
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By Aztec Group on
28 July 2022
NatWest has appointed Stuart Foster as Managing Director of Financial Institutions in Jersey, part of the banking group’s Commercial and Institutional business.
In his new role, Stuart will bring all institutional customers across NatWest Group into one franchise.
Prior...
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By Liquid on
27 July 2022
Sure Business has recruited Grant Mossman as a Cyber Security Consultant.
Grant has more than 20 years' experience in IT service and security roles, most recently as Head of Cyber Security for UK mental healthcare company Onebright.
His earlier career included periods with cybersecurity busine...
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By Orchard PR on
26 July 2022
Ogier has won the Offshore Law Firm of the Year title at the Chambers HNW Awards, held last week in London.
This marks the second industry award for the law firm in July, following the ePrivateClient Excellence Awards at which it won the Private Client Offshore Law Firm (Multi-jurisdiction) c...
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By Crystal PR on
25 July 2022
Collas Crill has promoted Emma Taylor to Senior Associate in its dispute resolution team in Guernsey.
Emma joined Collas Crill in 2011 as a bursary student and went on to train with the firm, qualifying as a Solicitor of England & Wales in 2017. She was called to the Guernsey Bar this year.
Ea...
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By Collas Crill on
25 July 2022
Alternative asset and corporate services provider Sanne has provided a trading update for the six months ended 30 June 2022 as well as an update on the recommended cash acquisition of the group by a subsidiary of Apex Group.
Trading update
Sanne has reported a strong performance in the half-year t...
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By Sanne Group on
25 July 2022
Fund and corporate services provider the Aztec Group has supported longstanding client Advent International with the fundraising activities and final close of its 10th global private equity fund, Advent International GPE X.
Raising $25bn in commitments after less than six months in the market, it m...
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By Aztec Group on
25 July 2022
Businesslife magazine has unveiled an exclusive advertising offer for firms looking to reach its extensive audience – with a discounted rate for advertising booked throughout August.
The Channel Islands-based business and lifestyle magazine, which is distributed widely in Jersey, Guernsey and...
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By BL Global on
25 July 2022
JTC has issued a trading update in advance of its interim results for the period ended 30 June 2022.
The first half of the year has seen a strong performance across the group, it reports, delivering:
• 8%-10% net organic revenue growth
• Underlying EBITDA margin of 33%-38%
• Cash con...
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By JTC Group on
22 July 2022
PwC has announced a number of senior promotions across the Channel Islands.
Alex Burne has been promoted to Partner, with a focus on the technology transformation of the firm.
Alex relocated to Guernsey after graduating in the UK to take up a role at PwC, and qualified as an audito...
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By Crystal PR on
22 July 2022
IQ-EQ has recruited Helen Bougourd and Keren Bowen as Directors in its private wealth team in Guernsey.
Before joining IQ-EQ, Helen spent two years as a Client Relationship Director for Beauvoir Group. Prior to that, she worked for Trident Trust Company and NWH Global and as a fiduciary ...
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By IQ-EQ on
22 July 2022
The Guernsey Financial Services Commission has published a consultation paper setting out the Commission’s rules and approach for regulating the sectors covered by the Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022, and is seeking feedback on its proposed rules and approach.
Th...
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By Guernsey Financial Services Commission on
22 July 2022
Nitrisha Doorasamy has been promoted to Senior Associate in Walkers' Guernsey office.
Nitrisha has been with the firm as an Associate since November 2018.
She trained in South Africa and spent more than six years in the trusts team of South African banking group FNB Wealth and Investment...
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By Walkers on
21 July 2022
Imperium Trust Company (UK) has completed its acquisition of Page Tax Consulting, a personal tax compliance services business based in Reigate, England.
The acquisition bolsters Imperium’s UK service offering of professional trusteeship, company service provision and full accounting and...
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By Imperium Trust on
20 July 2022
Following its recent annual general meeting, the Jersey Funds Association (JFA) has elected a new committee to champion Jersey’s ecosystem for alternative funds.
Michael Johnson (pictured), Group Head of Institutional Services at Crestbridge, takes over as Chairman, while Mourant Partner Joel...
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By Crystal PR on
20 July 2022
Jersey has been chosen as the testbed for a £3.7m project that could lead the way for autonomous flights.
As part of the UK government-funded Agile Integrated Airspace System (ALIAS) programme, drones will be used to test aircraft guidance technology aimed at making the skies safer for ...
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By Ports of Jersey on
20 July 2022
Amid rising inflation and intensifying economic headwinds, finance leaders have given a 63% probability to experiencing a recession in the next year, according to Deloitte’s UK CFO Survey for Q2 2022.
More than two-thirds (68%) believe high inflation will continue - anticipating it will...
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By Deloitte on
20 July 2022
The Guernsey Financial Services Commission has launched a consultation paper on proposals to increase the licence fees paid by firms. The consultation period will close on Wednesday 14 September.
The Commission is consulting on an overall fee increase of 9%. Other proposals include changes to ...
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By Guernsey Financial Services Commission on
20 July 2022
Oak Jersey has appointed Jo Gorrod as its Managing Director.
Jo joined the firm in 2018 as Client Services Director, having previously held the same position at Equiom Group in Jersey.
With more than 20 years of experience working in the Jersey financial services sector, she has ...
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By Oak Group on
19 July 2022
The Jersey Financial Services Commission has published its 2021 annual report, outlining its continued focus on responding to financial crime threats, transforming supervision with modern technology and building a new and robust Registry.
The report documents the regulator’s performance durin...
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By Jersey Financial Services Commission on
19 July 2022
Bedell Cristin in Guernsey has appointed Abi Houghton as an Associate in the Litigation and Dispute Resolution team and Seth Botes as an Associate in the Corporate and Finance team.
After completing her law degree, Abi practised as a solicitor in London with Maddox Legal and Slater & Gord...
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By Refinery on
19 July 2022
Collas Crill has appointed Senior Associate Ian Petherbridge to its corporate, finance and funds team in Guernsey.
Ian joins Collas Crill from South Africa, where he was a specialist consultant for Eversheds Sutherland. He has a transactional practice covering banking and financing as well as merge...
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By Collas Crill on
19 July 2022
Bedell Cristin has acted as British Virgin Islands counsel to Gopher Investments, which has acquired Finalto, the financial trading division of Playtech, for $250m.
The law firm supported instructing counsel White & Case on the offshore aspects of the deal, which involved multiple internat...
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By Refinery on
19 July 2022
Zedra has announced it is launching a pensions-focused offering, Pensions & Incentives.
The launch follows several recent acquisitions in the UK pension services space, including Inside Pensions and PTL in 2021 and more recently Caledonian Trustees.
As the new offering goes live, P...
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By Greentarget on
19 July 2022
The winners of this year's eprivateclient Excellence Awards have been announced, recognising outstanding achievements over the past year in 10 categories, including investment advisory, fiduciary, legal and tax.
Several businesses based in or operating from the Channel Islands were am...
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By eprivateclient on
18 July 2022
TrustQuay has signed a technology agreement with Australian specialist firm Equity Trustees.
Under the deal, Equity Trustees will centralise its Trustee and Wealth Services (TWS) business – which includes charitable and community trusts, and executor and trustee services for individuals and f...
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By Narrative UK on
18 July 2022
The latest edition of the Chambers and Partners High Net Worth Guide has been released, highlighting a number of Channel Islands firms and lawyers.
Guernsey – offshore: trusts ranking
Band 1: Carey Olsen, Ogier
Band 2: Mourant, Walkers
Band 3: Collas Crill
Senior Statesperson: Simon Howitt, ...
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By Chambers and Partners on
15 July 2022
Jersey-based trust, corporate and fund administration provider VG has made five promotions in its private wealth team.
Chris Hamon (pictured), who joined VG in 2019, has been promoted to Manager.
Chris has more than 15 years’ experience in the fiduciary sector, having previously worked for P...
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By VG on
15 July 2022
Carey Olsen and Highvern have supported Capital Pilot on the launch of Boost Fund I, one of the UK's first automated high-volume investment funds for high-growth UK startups.
Established as a Jersey Private Fund, Boost Fund I invests in UK startups, assessing each potential portfolio company us...
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By Carey Olsen on
14 July 2022
Apex Group has acquired the technology platform and conference business of Context365, a global provider of technology and events that aims to connect alternative asset class investors with high-quality asset managers.
Context365 connects LPs and GPs through its software as a service (Sa...
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By Apex Group on
13 July 2022
The Jersey branch of the Society of Trust and Estate Practitioners (STEP) has appointed Mourant Partner Stephen Alexander as its Chair.
Stephen succeeds Fiona McFarlane, Associate Director at RBC Wealth Management, in the role, having been elected by local STEP members at a recent committee m...
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By Orchard PR on
13 July 2022
Trust and fiduciary services provider PraxisIFM has appointed Ava Fairclough as Deputy Managing Director in its London office.
Ava, a Chartered Secretary, will help drive growth and client relationship management and ensure PraxisIFM’s investment in technology benefits clients and staff.
She...
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By PraxisIFM on
13 July 2022
Guernsey management consultancy CBO Projects has appointed Stuart Low as a Senior Consultant to build and deliver technology strategies and lead projects and programmes.
Stuart has more than 35 years’ experience in Europe, the US and Asia as an executive-level business change specialist...
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By Clicksmith on
12 July 2022
The Jersey Financial Services Commission has published additional information sources to help businesses gain a better understanding of money laundering, the financing of terrorism and the proliferation of weapons of mass destruction.
The key to the prevention and detection of financial crime, says...
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By Jersey Financial Services Commission on
12 July 2022
HSBC has appointed Philip Kurtenbach as Head of Investments and Wealth Solutions, as part of its strategy to evolve its wealth and personal banking proposition across the Channel Islands and Isle of Man.
Philip joined HSBC 14 years ago after an early financial career in Germany, and for the past 11...
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By Crystal PR on
11 July 2022
Managed service providers Next Generation IT and Alternative Solutions are merging, subject to regulatory approval, to form a full-service IT service provider across the Channel Islands.
The new firm, called Clarity, will be headquartered in Guernsey and will also operate from offices in Jers...
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By TPA on
11 July 2022
Guernsey-based Vega Technology Group launches today, providing a suite of turnkey fintech and regtech software products to international financial services clients.
With more than 20 years’ experience in 20 different jurisdictions, the Vega Technology Group team specialises in automating regu...
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By Vega Solutions on
11 July 2022
Financial consulting firm Sionic has released the results of its study into the future of client reporting within the asset management industry.
The study, co-authored by Sionic Partner Clare Vincent-Silk (pictured) and Principal Consultant Rebecca Gashi, surveyed more than 50 firms across th...
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By Sionic on
11 July 2022
Carey Olsen's Jersey investment funds team has advised art advisory and appraisal group Gurr Johns on the launch of Gurr Johns Capital Credit Partners, a fund dedicated to providing innovative and flexible solutions to investors in the global art and collectibles market.
Established as a Jersey...
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By Carey Olsen on
11 July 2022
The IoD’s July breakfast will discuss Guernsey’s strategy for air connectivity and the importance of sustainable air links in a post-Covid economy.
Attendees will hear from a panel of local industry leaders, including:
• Deputy Mark Helyar, Treasury Lead for the P...
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By Black Vanilla on
10 July 2022
Fiduciary and fund services provider Highvern has announced several promotions in its Jersey office.
Ellen Hibbs has been made an Associate Director of the firm. She joined Highvern in a managerial role in 2017, having previously worked for ED Capital and JTC on the island.
Meanwhile, ...
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By Highvern on
10 July 2022
JT IoT, the Jersey based global IoT Connectivity player backed by Perwyn, has acquired Top Connect, an international MVNO and global roaming provider. The acquisition of this IoT and roaming connectivity provider and its expert team will accelerate JT IoT’s plan to build a stronger global IoT ...
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By JT IoT on
8 July 2022
The Jersey Financial Services Commission (JFSC) will be hosting an event at the Royal Yacht hotel, on Thursday 21 July, looking at the findings of an independent report commissioned by the JFSC on the adoption of Regulatory Technology (RegTech) in Jersey.
RegTech firm RT Associates who conduc...
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By Jersey Financial Services Commission on
7 July 2022
Carey Olsen has announced the promotion of 10 lawyers across the firm's Guernsey and Jersey practices.
Promoted to counsel in Guernsey are Tim Bamford, a specialist in corporate and commercial litigation, and John Le Tissier, an expert in both residential and commercial property transactio...
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By Carey Olsen on
7 July 2022
Bedell Cristin has promoted employment law specialist, Carly Parrott, to the role of Head of Employment in the Channel Islands.
Carly, who joined Bedell Cristin early last year as Counsel within the firm’s employment law practice, will lead the employment team across the Guernsey and Jersey o...
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By Bedell Cristin on
6 July 2022
LGL Group, a leading provider of Fund, Corporate, and Family Office solutions, today announced a new name, visual identity, and corporate website. LGL Group has rebranded to become Altum Group.
The announcement of Altum as the Group’s new name comes as the company reaches a new and pivotal st...
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By LGL Group on
5 July 2022
Apex Group has announced the planned acquisition of Darwin Depositary Services, a provider of depositary services to alternative investment funds.
Darwin, a leading independent AIFMD depositary in mainland Europe, provides services to clients based in the Netherlands and outside the EU, i...
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By Apex Group on
5 July 2022
IQ-EQ has appointed Jason Laity as a non-executive director of IQ EQ (Jersey) Limited.
Jason has significant board and partnership-level leadership experience, including as Chairman and Senior Partner of KPMG in the Channel Islands until September 2019. Alongside his new position with IQ-EQ, J...
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By Aspectus Group on
5 July 2022
Carey Olsen's corporate team in Jersey has advised independent investment data and research specialist Morningstar on its purchase of the UK and international business of wealth management platform provider Praemium Limited (Praemium) for £35 million, subject to completion adjustments.
Th...
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By Carey Olsen on
5 July 2022
VG has made several promotions across its private wealth, funds, corporate and support teams.
Within VG’s Private Wealth Team, five promotions have been awarded. Chris Hamon, who joined VG in 2019, has been promoted to Manager. Chris has over 15 years’ experience in the fiduciary i...
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By VG on
4 July 2022
TrustQuay has announced the signing of an agreement with Nightingale Trustees to adopt TrustQuay Online, the new Software-as-a-Service (SaaS) solution from TrustQuay, powered by Microsoft Dynamics 365 Business Central.
Headquartered in Geneva with offices in London, Nightingale Trustees is a f...
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By Narrative UK on
4 July 2022
Hawksford has acquired Dublin-headquartered Pearse Trust and Mauritius-based Griffon Solutions, as part of its global expansion strategy.
The acquisitions, see Hawksford increase its geographical footprint and services, moving into Mauritius and the Republic of Ireland for the first time....
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By Liquid PR on
4 July 2022
Asset Risk Consultants (ARC) has appointed Stephen McMahon as CEO of the ARC Group.
Stephen (pictured), who remains Managing Director of ARC’s Jersey office and has worked for ARC since joining the group in 2008 from the Bank of England, takes over from ARC’s founder Graham Harrison, wh...
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By Asste Risk Consultants on
4 July 2022
Crestbridge has recognised 58 individuals across its international network of offices as part of its 2022 mid-year promotions.
Amongst those promoted are a number at senior level. Greg Belcham (Technology Architecture & Development), Svitlana Dobrovolska (Funds Services) and Emmanuel Capraro (M...
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By Crystal PR on
4 July 2022
Communication agency Orchard has promoted Emily Chapman from Senior Account Executive to Account Manager.
Emily has been with Orchard for three years, joining as a Senior Account Executive, after five successful years in the beauty industry, most recently working in influencer engagement for E...
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By Orchard PR on
4 July 2022
The Jersey Financial Services Commission (JFSC) has issued a civil financial penalty of £803,661.17 on IQ EQ (Jersey) Limited (IQ EQ Jersey) (formerly, First Names (Jersey) Limited (First Names)) for regulatory breaches, identified in a reporting professional report issued in 2020.
First Name...
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By Jersey Financial Services Commission on
1 July 2022
EY has announced their latest Partner promotions in the Channel Islands.
Leo Boessenkool has been promoted to Partner in the Technology Risk team, and Adam Knight has been promoted to Partner in Assurance.
Leo (pictured left) leads the Channel Islands Technology Risk team and is at the forefront o...
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By EY on
1 July 2022