EY in the Channel Islands has promoted Jon Atkey-Smith to Associate Partner.
Jon brings to the new role more than 15 years’ experience working in the professional services sector in the Channel Islands.
Having qualified as a Chartered Certified Accountant in 2007, he spent his ea...
[read more]
By EY on
30 June 2021
This year's Top 35 Under 35s Channel Islands listing – which highlights the rising stars of the private client professions – has been released by eprivateclient:
WOMEN
• Anna Botzenhardt, Associate Director, Intertrust Guernsey
• Donna Brehaut, Associate Director, Saf...
[read more]
By BL Global on
30 June 2021
Graeme Millar, who has served as JT Group's CEO for 12 years, is to step down from the role to lead the recently sold Internet of Things (IoT) business. He will continue to be based in Jersey.
John Diamond, who has been with JT for 11 years – most recently in Australia, whe...
[read more]
By Direct Input on
29 June 2021
The Jersey Financial Services Commission has asked banks, the Jersey Bankers Association and Jersey Finance for their opinions on the implementation of Basel III.
Following a consultation process in 2019, the Commission has outlined its current position and thinking on the framework – for mor...
[read more]
By Jersey Financial Services Commission on
29 June 2021
The Jersey Financial Services Commission has appointed Claire Bowes to the role of Commissioner on its board.
Claire, who will be sworn in by the Royal Court on 2 July for a five-year term, will be based in Jersey, where she has served as an Employment Tribunal Member for the past six mon...
[read more]
By Jersey Financial Services Commission on
28 June 2021
Jersey Finance has recruited wealth management specialist Rufaro Mucheka as a consultant in South Africa.
Rufaro has more than 20 years of experience across Southern and West Africa, most recently serving as Head of Partnerships and Strategic Projects with Nedbank Wealth Management in Johanne...
[read more]
By Crystal PR on
28 June 2021
Financial services group Ocorian has acquired Nordic Trustee, which provides trustee and agency services for bonds and direct lending in the Nordic region, from Altor Fund IV.
The transaction, subject to regulatory approval, reflects Ocorian’s strategy to build its capital markets offering.&n...
[read more]
By Ocorian on
28 June 2021
The International Stock Exchange (TISE) has joined the Association for Finance Markets in Europe (AFME).
AFME, which represents the European wholesale financial markets across a broad range of regulatory and capital markets issues, has more than 175 members. These include global and pan-Europ...
[read more]
By TISE on
28 June 2021
Six businesses with operations in the Channel Islands were among the 11 winners at eprivateclient's inaugural Excellence Awards. These included:
• Private Client Offshore Law Firm (multi-jurisdiction): Carey Olsen
• Private Client Accountancy Firm (large): Smith & Willia...
[read more]
28 June 2021
The Jersey Financial Services Commission has published updates in two areas: the appendices of its Countries and territories in the AML/CFT Handbook; and its Jersey financial sanctions regimes and practical guidance.
Appendix D2 of the AML/CFT Handbook provides details of countries and territories ...
[read more]
By Jersey Financial Services Commission on
28 June 2021
JT is to sell a majority stake in its Internet of Things (IoT) division to private equity investor Perwyn.
The division, created in 2014, provides device connectivity services to customers around the world, and has doubled in size every year for the past three years.
According to...
[read more]
By Direct Input on
24 June 2021
Sure has appointed Paul Acton as its Chief Executive, based in Jersey. He replaces the retiring Graham Hughes, who has led the business for nine years but will remain with Sure as a Non-Executive Director.
Paul joins the telecoms company from global communications and entertainment provider D...
[read more]
By Orchard PR on
24 June 2021
The Government of Jersey has appointed Matt Palmer as Director of its new Cyber Emergency Response Team (CERT).
In this role, Matt, who also became a JFSC Commissioner in 2020, will be responsible for helping businesses across the island put appropriate security controls in place and mitigate again...
[read more]
By Jersey Financial Services Commission on
24 June 2021
Deloitte’s Channel Islands Private Tax team is hosting its second International Trust Tax Conference via Zoom at 12.30pm on Monday 28 June.
This year's conference, which is free to attend, will feature a range of speakers from Deloitte, including Chris Horton, Partner in the US...
[read more]
By Black Vanilla on
24 June 2021
Wealth manager Rathbones is to acquire CastleCo, the holding company of the Saunderson House group. The acquisition, subject to approval by the Financial Conduct Authority, is expected to complete in the third quarter of 2021.
Saunderson House, a UK-based wealth management advisory business,...
[read more]
By BL Global on
24 June 2021
Carey Olsen's investment funds team in Jersey has advised northern European private equity investment firm FSN Capital on the launch of its latest mid-market fund, FSN Capital VI (Fund VI), with commitments of €1.8bn.
Fund VI builds on FSN Capital's existing investor base, while ...
[read more]
By Carey Olsen on
23 June 2021
Alter Domus, a provider of fund administration, debt capital markets and corporate services backed by investment firm Permira, has acquired New York-based Investors Economic Assurance (IEA).
IEA provides technology solutions and services to alternative investment managers. According to Alter D...
[read more]
By Alter Domus on
22 June 2021
KPMG in the Crown Dependencies has formed an alliance with The ID Register.
The partnership will offer The ID Register’s KYC, FATCA-CRS and subscription services, along with the expertise of the KPMG tax and advisory teams, to family offices, institutional investors, investmen...
[read more]
By The ID Register on
22 June 2021
Bedell Cristin has advised asset manager Augusta Ventures, which specialises in the litigation and dispute funding sector, on the Jersey law aspects of its latest £250m fundraising.
The oversubscribed fundraising was supported by Beach Point Capital Management, Magnetar Capital and Northleaf ...
[read more]
By Bedell Cristin on
22 June 2021
Ravenscroft has promoted Tristan Brown to the role of Group Financial Controller, based in Guernsey.
Tristan joined the financial services company in January 2019 as Financial Controller and in his new role will manage the finances of the group, which has offices in Guernsey, Jersey, the Isle of Ma...
[read more]
By Ravenscroft on
21 June 2021
Walkers' Jersey team has advised on the merger of digital care specialist Babylon Health with Alkuri Global Acquisition Corp, a special purpose acquisition company.
The transaction implies an initial pro forma equity value of $4.2bn.
On completion of the deal, expected in the second half of 20...
[read more]
By Walkers on
21 June 2021
Bedell Cristin has appointed Joanne Verbiesen as a Partner in its Singapore office.
A specialist private client and litigation lawyer, Joanne also has substantial offshore experience.
She joins from HSBC in Hong Kong, where she was a Senior Legal Counsel in the trust and fiduciary services b...
[read more]
By Crystal PR on
21 June 2021
Suntera Global has appointed Andy Pryke as Global Head of Compliance, based in Jersey.
Andy will take responsibility for delivering Suntera's compliance risk management framework across the group’s seven offices.
In addition, he will oversee policies around regulatory issues ...
[read more]
By Crystal PR on
18 June 2021
Mourant has appointed Amy Gurm and Geoff Cook to its affiliated business, Mourant Consulting.
Geoff, who served as CEO of Jersey Finance for 12 years, has been working with Mourant as a Consultant since 2019. He becomes Chair of Mourant Consulting.
Over a financial services career spanning m...
[read more]
By Mourant on
17 June 2021
The International Stock Exchange (TISE) has admitted Cains Listing Services Limited (CLSL), part of the Cains Group, as its latest Isle of Man-based Listing Member.
CISL, which is licensed by the Financial Services Authority in the Isle of Man, has been approved to act as an agent and sponsor to fa...
[read more]
By TISE on
17 June 2021
Ravenscroft has appointed Ellie Knowelden as Project Manager to oversee the property interests of the funds it manages.
Based in Guernsey, Ellie joins Ravenscroft Project Management after 16 years at Specsavers, where she has held a number of roles, including three years in Copenhagen.
Her m...
[read more]
By Ravenscroft on
17 June 2021
Guernsey-based tax advisory firm LTS Tax has announced three promotions.
Sarah Kenealy, who has been with LTS since 2018, has been promoted to Associate Director. A Chartered Tax Adviser, she has experience in UK and Guernsey tax, advising high-net-worth individuals, entrepreneurs and businesses mo...
[read more]
By LTS Tax on
17 June 2021
Orchard has introduced a new business model focusing on three areas – digital, social and PR – to meet changing client demand across the Crown Dependencies.
As a result, the firm has increased the responsibilities of its senior team across these specialist areas.
Mike Wilkins will cont...
[read more]
By Orchard PR on
17 June 2021
Operational flexibility was found to be the most significant factor for private equity firms when deciding where to domicile a fund, according to research by Aztec Group in partnership with Acuris.
The research surveyed private equity chief financial officers and chief operating officers based in t...
[read more]
By Aztec Group on
16 June 2021
Deloitte UK's offices in the Channel Islands, Gibraltar and the Isle of Man are merging to create a single audit and advisory offering across the four offshore jurisdictions.
John Clacy (pictured right), based in Guernsey, takes on a new leadership role with a broader financial servi...
[read more]
By Black Vanilla on
16 June 2021
Oak Group has confirmed the appointment of Joe Woodward (pictured right) as Managing Director of its Mauritius operations.
Joe has more than 14 years of experience in financial services. He joined Oak Guernsey in April 2020 following 13 years with Intertrust.
At Oak, he has served ...
[read more]
By FWD Consulting on
16 June 2021
IoD Jersey’s Technology Sub-Committee is holding a breakfast event in July – Digital innovation in a post-pandemic world – which aims to provide real-life examples of the increased pace of digital adoption over the past year.
Highlighting a survey by McKinsey, How Covid-19 ha...
[read more]
By IoD on
16 June 2021
The Guernsey Financial Services Commission has sworn in Julian Winser as a Commissioner after being approved by the States of Deliberation.
The vacancy arose following the retirement of Bob Moore, the Commission’s former Vice-Chairman. Julian will be appointed as Chairman on the retirem...
[read more]
By Guernsey Financial Services Commission on
16 June 2021
The Guernsey Financial Services Commission has published its investment statistics for the first quarter of 2021.
• Guernsey funds The total net asset value of Guernsey funds has increased in sterling terms during the last quarter by £18.1bn (7.4%) to £263.6bn. Over the ...
[read more]
By Guernsey Financial Services Commission on
15 June 2021
JT Group has published its Progress Report for 2020, describing a strong year for its core business.
The group’s financial statements detail an increase in profit before tax of 17% compared with 2019, at £4.7m.
JT was also able to maintain a dividend to its shareholder, the Gove...
[read more]
By Direct Input on
15 June 2021
Standard Bank Group has appointed Michael Giraud as Head of Fiduciary Services, Jersey.
Michael joins from Accuro Fiduciary, where he has served as a Director for more than 10 years.
Prior to that, Michael spent almost a decade with RBC, including two stints with RBC Wealth Management in Jersey an...
[read more]
By Standard Bank Group on
15 June 2021
PraxisIFM has added Aquila Energy Efficiency Trust (AEET) to its portfolio of renewable funds clients.
AEET is the second Aquila Capital fund – following the Aquila European Renewables Income Fund in 2019 – to which PraxisIFM’s London team has provided fund administration an...
[read more]
By Orchard PR on
15 June 2021
Channel Islands PR agency Black Vanilla has appointed Chris Leaman as a Senior Account Executive.
Chris joins Black Vanilla from Orchard PR, where he has spent the past five years, latterly as Account Executive.
In his new role, he will focus on a range of integrated commun...
[read more]
By Black Vanilla on
15 June 2021
Carey Olsen has appointed Tiffy Wan to the role of Senior Associate in its Hong Kong corporate practice.
Tiffy specialises in a wide range of offshore corporate transactional matters, particularly commercial and corporate finance transactions.
This includes Hong Kong and US-based IPOs,...
[read more]
By Carey Olsen on
15 June 2021
In March and May, the Jersey Financial Services Commission published the findings of its 2020 financial crime and supervisory risk examinations, which identified supervised businesses’ non-compliance with statutory and regulatory requirements.
In order to give businesses more detail on what t...
[read more]
By Jersey Financial Services Commission on
15 June 2021
The International Stock Exchange (TISE) has welcomed Irish business law firm Mason Hayes & Curran as its first Dublin-headquartered member of the Exchange.
Mason Hayes & Curran is the first Irish firm to be authorised to act as a listing agent for the listing of professional bonds on ...
[read more]
By TISE on
14 June 2021
Collas Crill has appointed Nin Ritchie to Of Counsel in its Guernsey dispute resolution team.
Nin has been with Collas Crill since 2010 and has played a key role in developing the firm's risk and regulatory practice in Guernsey over the past decade.
She leads the cross-departmental ...
[read more]
By Collas Crill on
14 June 2021
Ogier's listed funds team in Guernsey has reported that it has advised on secondary fundraisings by three of its listed funds clients in as many months.
The fundraises, carried out by Hipgnosis Songs Fund, Chrysalis Investments and The Schiehallion Fund, have raised around £875m...
[read more]
By Collas Crill on
14 June 2021
Guernsey-based fintech firm Fusion Acusoft has appointed Sarah Rolph to the position of Client Services Representative.
Sarah has joined the fintech firm to support the delivery of customer services and software to the trust, fund and pension sectors.
She brings to the role more tha...
[read more]
By ORCHID on
14 June 2021
Jersey-based asset management group Sanne has confirmed it is in talks with Cinven, after the private equity firm made an improved offer of 875 pence per share to buy the company, according to reports from Reuters.
This follows Sanne's rejection in May of a £1.35bn buyout proposal from th...
[read more]
By Reuters on
11 June 2021
The Commission has this week published the amended Finance Sector Code of Corporate Governance.
The code asks boards to consider the impact of climate change on their strategy and risk profile and, where they judge it appropriate, to make climate change-related disclosures.
The amendm...
[read more]
By Guernsey Financial Services Commission on
11 June 2021
Bedell Cristin has appointed Partner Nancy Chien as Head of International Private Client in Jersey, taking over from Edward Bennett, who has held the role for a number of years.
Nancy has been with the firm since 2012. Prior to joining Bedell Cristin, she acted as a consultant to the...
[read more]
By Bedell Cristin on
10 June 2021
Vistra has appointed Steven van Tuijl as Regional Managing Director, Continental Europe, and a member of Vistra’s executive committee.
Steven now has full responsibility for the leadership and development of Vistra businesses in Continental Europe, which includes 1,500 employees across 15 mar...
[read more]
By Vistra on
10 June 2021
Highvern has appointed Richard Joint as Head of Family Office Services, responsible for managing services for ultra-high-net-worth clients.
Bringing to the role more than 20 years' experience in fiduciary services, Richard joins the firm after more than eight years at Ocorian, where he served a...
[read more]
By Highvern on
9 June 2021
Jersey-based mining company Royal Road Minerals Limited (RRML) has named Liz Wall as its new Chairperson, having joined the board in May 2019.
Liz was appointed Executive Director – Sustainability in August 2020. She has more than 20 years of global experience assessing and addressing ...
[read more]
By Lexstone Lawyers on
9 June 2021
Lawyers from Carey Olsen's corporate team in Guernsey have advised global private investment firm Starwood Capital Group on the acquisition by a Starwood-controlled affiliate of the remaining share capital of RDI REIT PLC for around £467.9m.
The transaction gives Starwood-contr...
[read more]
By Agility PR on
9 June 2021
Andrew Horbury has been recruited as a Director for offshore education specialist the School of International Financial Services (SIFS).
Andrew joins SIFS from BPP, where for the past three years he has held the position of Global Head of Blockchain and Cryptocurrency, and Senior Lecture...
[read more]
By JourneauxMM on
8 June 2021
Financial services business Fiduchi has appointed Tom Hicks as Executive Director to lead the expansion of the firm's employee incentives business across each of its jurisdictions – Jersey, Dubai and the City of London.
Tom has spent the majority of his Jersey-based career in employe...
[read more]
By Fiduchi on
8 June 2021
Businesslife magazine is offering Channel Islands businesses the chance to showcase their services and expertise to potential clients and partners in London, the Middle East and Asia as part of an exclusive commercial deal launching today.
The Channel Islands-based business and lifestyle magaz...
[read more]
By BL Global on
7 June 2021
Brooks Macdonald International has appointed James Bougeard and Phoebe Chamier as Senior Investment Managers, based in Jersey.
With more than 15 years of experience in the industry, James joins Brooks Macdonald International from HSBC Expat, where he provided advice on wealth management solutions t...
[read more]
By Crystal PR on
7 June 2021
IQ-EQ has appointed Lucia Perchard as a Director within its Jersey office.
Lucia joins the company after almost three years as a Director in the family office team at Highvern.
She has worked with many families, particularly across the Middle East and North America.
Lucia started her career ...
[read more]
By BL Global on
7 June 2021
The Institute of Directors' June webinar, which forms part of Guernsey's Sustainable Finance Week, will explore the topic of directors’ duties through the sustainability lens.
The webinar – Sustainability and Climate Change: Understanding Directors’ Duties – is...
[read more]
By Black Vanilla on
4 June 2021
Guernsey Finance has published a practitioner’s guide to impact investing and sustainability.
Produced in conjunction with Innovest Advisory, a specialist impact adviser to the private funds industry and the private wealth sector, the guide provides an introduction to the key concepts and ter...
[read more]
By We Are Guernsey on
4 June 2021
As a result of management changes following a year of global uncertainty, Babbé has moved Managing Partner Andrew Laws (pictured) to a new role as Senior Partner, while Partner Nick Robison becomes Managing Partner.
Andrew has overseen the management of Babbé’s relationships wit...
[read more]
By Orchard PR on
3 June 2021
Carey Olsen's Guernsey corporate team and funds services provider Praxis Fund Services (PFS) have assisted on the initial public offering of Taylor Maritime Investments and its admission to trading on the Main Market of the London Stock Exchange.
The Guernsey-domiciled closed-ended i...
[read more]
By Agility PR on
3 June 2021
BVI banking and finance specialist Christian Burns-Di Lauro has become a Partner at Ogier.
Christian, who joined Ogier in Jersey as an Associate in 2014, has also worked in the firm's BVI and Cayman offices. He is currently the only specialist BVI Banking and Finance Partner based in the Channe...
[read more]
By Crystal PR on
3 June 2021
Maples and Calder, the Maples Group's law firm, has appointed Nick Evans, a Senior Partner with the firm, as Head of Office in Jersey.
Nick succeeds Chris Byrne, who returns to practice as a Corporate and Finance Partner, having served a three-year term as Jersey Office Managing Partner.
...
[read more]
By Maples and Calder on
2 June 2021
Global business payments company FLEETCOR Technologies has completed its acquisition of Associated Foreign Exchange (AFEX), an international cross-border payments provider, which has offices in St Helier.
AFEX, founded in 1979, offers a range of global payment, foreign exchange and risk management ...
[read more]
By BL Global on
2 June 2021
Jersey-based Accuro Fiduciary has recruited Richard Tribe as its Client Services Director, overseeing a portfolio of high-net-worth and ultra-high-net-worth private clients.
Richard joins the firm following six years with Equiom, where he served as Head of Business Development, Europe, and Head of ...
[read more]
By BL Global on
2 June 2021
The Channel Islands Financial Ombudsman (CIFO) has released its annual report and accounts for 2020.
Chair David Thomas commented: “2020 was the fifth full year of CIFO’s operation, resolving complaints about financial services fairly and impartially as an informal alternative to the co...
[read more]
By CIFO on
2 June 2021
Financial services group Ocorian has appointed Mike Hughes to the role of Global Head of Service Lines.
In his new position, Mike is a member of the Executive Committee. His remit includes sales and business development and encompasses product and market development.
He will work with the cl...
[read more]
By Ocorian on
2 June 2021
With Covid-19 vaccinations accelerating and the economy opening up, 90% of wealthy investors agree that the pandemic has made them want to align their investments with their values.
So says the latest Investor Watch survey by UBS, which polled 3,800 investors across 15 markets globally.
The r...
[read more]
By Refinery on
2 June 2021
The International Stock Exchange (TISE) has made internal promotions to two newly created senior positions within the business.
Robbie Andrade takes up the role of Chief Operating Officer and Emily Humphry has been appointed Chief Governance Officer.
Robbie has been with the Exch...
[read more]
By TISE on
1 June 2021
Following regulatory approval from the Financial Conduct Authority, JTC has completed its acquisition of INDOS Financial, which was announced in February.
According to JTC, the acquisition builds on the group's fund services capabilities. It will allow it to offer enhanced governance and...
[read more]
By Crystal PR on
1 June 2021
In 2020, global renewable energy capacity investments grew 2% to $303.5bn, the second highest annual figure recorded to date despite the impact of the global Covid-19 pandemic.
However, EY's latest Renewable Energy Country Attractiveness Index (RECAI) estimates that future development to ...
[read more]
By EY on
1 June 2021
Crestbridge has appointed John Read to the role of Associate Director within its Risk and Compliance team.
Subject to regulatory approval, John will also assume the roles of designated Money Laundering Reporting Officer (MLRO) and Money Laundering Compliance Officer (MLCO).
He will be respon...
[read more]
By Crystal PR on
1 June 2021
The Jersey Competition Regulatory Authority has published its annual report and accounts for the year ended 31 December 2020.
The report covers a significant year for the JCRA that included its demerger from CICRA and the ongoing pandemic.
It addresses the period during which the Authority w...
[read more]
By ORCHID on
1 June 2021