Business News Archive

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June  2022  (40)

  • Butterfield make two senior appointments

    Butterfield_Logo2021Butterfield has appointed David Woodhead as Head of Lending for Guernsey and Julian Woodcock as Head of Lending for Jersey, as part of its continued expansion into personal banking in the Channel Islands. Mr Woodcock brings with him over 30 years’ experience of retail mortgage products from t...     [read more]

    By Orchard PR on  30 June 2022 
  • Brooks Macdonald International promotes Matthew Wintour

    Matthew Wintour - Brooks Macdonald InternationalBrooks Macdonald International has promoted Matthew Wintour to Business Development Director - Head of Intermediaries. Matthew started his finance career in 2005, spanning both wealth management and private client stockbroking, and joined Brooks Macdonald in 2015. In his new role, Jersey-based Mat...     [read more]

    By Crystal PR on  30 June 2022 
  • Apex wins mandate from Encore Capital Management

    ApexGroup logo_apr20Apex Group has been appointed by Encore Capital Management to provide fund administration, investor reporting and tax services.   Encore is a vertically integrated real estate developer, operator and institutional investment management firm with in excess of $2bn in assets under management...     [read more]

    By Apex Group on  29 June 2022 
  • Jersey winners in Corporate INTL Global Awards

    Corporate INTL AwardsCorporate INTL magazine's 2022 Global Awards have been presented, including two awards for Jersey-based firms: • Family Law Firm of the Year in Jersey – Viberts • Outsourcing Services Firm of the Year in Jersey – BDO The Corporate INTL annual awards mark excellence for th...     [read more]

    By BDO on  28 June 2022 
  • Jersey Finance supports jurisdiction report

    JerseyFinance logo_jul2019Stability, expertise and flexibility have been highlighted as key components of the international fund domicile of the future in a report published this month by IFI Global and supported by Jersey Finance. The Evolution of the International Fund Jurisdictions report is the latest in a series&n...     [read more]

    By Crystal PR on  24 June 2022 
  • Brand Management and Reputation Awards announced

    Citywealth logo 2022The results of Citywealth's 2022 Brand Management and Reputation Awards have been presented in London, including several gold award winners among firms with operations in the Channel Islands: • Best Digital Marketing – JTC • Best Product / Service of the Year – IQ-EQ &bull...     [read more]

    By Citywealth on  23 June 2022 
  • Bedell Cristin guides investors in Kenya solar homes funding

    BedellCristin logo 2019A team from Bedell Cristin in Jersey, working with the London and New York offices of global law firm Hogan Lovells, has advised investors on the Jersey aspects of a $62m debt facility that will help develop sustainable energy use in Africa. The borrower, Brighter Life Kenya 2 (BLK2), is a special-...     [read more]

    By Bedell Cristin on  23 June 2022 
  • TEAM releases interim results

    TEAM logo feb21Wealth, asset management and financial services group TEAM has published its financial results for the six months to 31 March 2022. In March 2021, TEAM completed its listing on AIM, raising gross proceeds of £7.5m. Since then it has completed its acquisition of Jersey-based treasury services...     [read more]

    By TEAM Asset Management on  22 June 2022 
  • JTC appoints Martin Punt as London-based Director

    Martin Punt_JTC_jun22JTC has appointed Martin Punt as Director - Fund and Corporate Services. Based in London, Martin will help build JTC’s intermediary relationships and develop its private equity and venture capital offering, with a focus on the firm’s UK and Channel Islands proposition.  He will al...     [read more]

    By Crystal PR on  21 June 2022 
  • Stonehage Fleming announces senior promotions

    Rudi Bodenstein_Stonehage_jun22Family offices group Stonehage Fleming has made a series of promotions across its Jersey and Guernsey offices.   In the Jersey Family Office division, Ian Ferguson and Rudi Bodenstein (pictured) have been promoted to Partner.  Having joined the firm more than 20 years ago, Ian works...     [read more]

    By Montfort Communications on  21 June 2022 
  • IoD Jersey event puts focus on ESG

    IoD logo jan21The IoD's Jersey Branch is holding a panel discussion in July to discuss how environmental, social and governance (ESG) reporting and investment can add value for organisations and society. The event aims to join up the ethical principles of sustainability with technology capability to improve ...     [read more]

    By IoD on  21 June 2022 
  • JFSC updates sanctions pages

    JFSC logo The Jersey Financial Services Commission has updated its sanctions webpages and financial sanctions practical guidance on its website to reflect amendments to the Sanctions and Asset-Freezing (Jersey) Law 2019, effective from 8 June. What does this mean? The updates relate to the implementation of...     [read more]

    By Jersey Financial Services Commission on  21 June 2022 
  • HSBC makes two senior appointments

    Simon Lidbury_HSBC_jun22HSBC has made two appointments to the senior leadership team of its wealth business in the Channel Islands and Isle of Man. Simon Lidbury has been moved to the newly created role of Market Head - International Clients for Global Private Banking. Jon Gill has been named Head of Customer – Int...     [read more]

    By Crystal PR on  17 June 2022 
  • IoD June breakfast to analyse Guernsey recruitment challenges

    IoD logo jan21The IoD’s June breakfast will discuss the growing challenges of recruitment in Guernsey and the knock-on threat to Guernsey’s GDP.   Some 74% of Directors at the IoD’s Mid-term event in March said they were struggling to recruit graduates, while 66% said a lack of g...     [read more]

    By Black Vanilla on  17 June 2022 
  • PraxisIFM appoints Nathan Taylor to UAE office

    NathanTaylor_PraxisIFM_jun22PraxisIFM has appointed Nathan Taylor as Associate Director of its UAE office. Nathan has worked in offshore finance since 2006, serving high- and ultra-high-net-worth clients throughout the Middle East.  Previously based in Jersey, he made the permanent move to Dubai in March.  Prior t...     [read more]

    By PraxisIFM on  17 June 2022 
  • Carey Olsen advises on food tech fund

    Synthesis Capital logoCarey Olsen's investment funds team in Guernsey has advised foodtech and alternative protein investor Synthesis Capital on the launch and final close of its debut fund, Synthesis Capital Fund I – a Guernsey Green Fund with commitments in excess of $300m. The fund, set up to support techno...     [read more]

    By Carey Olsen on  16 June 2022 
  • Apex Group acquires ZASMalta

    ApexGroup logo_apr20Apex Group has announced its planned acquisition of ZASMalta, a specialist provider of regulatory compliance and risk management services.   Malta-based ZAS provides regulatory compliance and risk management, reporting and internal audit services to $20bn of assets across 50 clients. Its clien...     [read more]

    By Apex Group on  15 June 2022 
  • Suntera Global appoints Dan Bisson as Channel Islands Managing Director

    DanBisson_Suntera_jun22Suntera Global has appointed Dan Bisson as Managing Director of the firm's operations in the Channel Islands. In his new role, Dan will oversee the growth of Suntera Global in Jersey and Guernsey and lead a 130-strong team delivering private wealth, fund and corporate services. As part of the ...     [read more]

    By Suntera Global on  15 June 2022 
  • IQ-EQ promotes Marisa Warren to Regional Head of Onboarding and Implementation

    Marisa Warren2_IQ-EQIQ-EQ has promoted Jersey-based Marisa Warren to Regional Head of Onboarding and Implementation for the UK, Ireland and the Crown Dependencies. Marisa has more than 20 years’ experience in the financial services sector, including in client operations, client relationship management, risk mana...     [read more]

    By Aspectus Group on  15 June 2022 
  • JTC makes changes to Jersey senior team

    Helier Le Main_JTC_jun22JTC has made a number of internal senior appointments to its Institutional Client Services (ICS) and Private Client Services (PCS) teams in Jersey. Helier Le Main (pictured right) has been made Head of ICS, while Mark Fleming and Jodi Hill (both pictured below) have been made Deputy Head of PCS in ...     [read more]

    By Crystal PR on  15 June 2022 
  • Henry Mowbray named MD of Vantage Insurance Brokers Guernsey

    Henry Mowbray_Vantage Insurance_jun22The Polygon Collective has appointed Henry Mowbray to the role of Managing Director of its recently created brokerage, Vantage Insurance Brokers Guernsey.  Henry has more than 20 years of insurance experience, initially within the captive sector. He has joined Vantage after a 16-year career wi...     [read more]

    By Polygon Collective on  14 June 2022 
  • Yozobi appoints Rick Perello as Director

    Rick Perello_Yozobi_jun22Digital consultancy Yozobi has appointed Rick Perello as Director of Technical Services in its Jersey office. In his new role, Rick will oversee the firm's IT platforms and the technical team supporting its international client base.  Rick brings to the firm more than 30 years of IT ...     [read more]

    By Yozobi on  14 June 2022 
  • Carey Olsen announces Partner promotions

    Matthew Brehaut_CO_jun22Carey Olsen has promoted five lawyers into the partnership, including Matthew Brehaut and Louise Woolrich from the firm's Channel Islands practice teams. The five promotions, which also include Kyle Masters, Sam Stevens and Jay Webster from the firm's Bermuda office, bring the total number ...     [read more]

    By Carey Olsen on  14 June 2022 
  • CIFO announces annual meeting

    CIFO logoCIFO is holding a combined virtual annual meeting for stakeholders in Jersey and Guernsey to mark the publication of its 2021 annual report. The event will include an overview from CIFO directors and managers and an opportunity to ask questions about the 2021 annual report or CIFO in general.&...     [read more]

    By CIFO on  14 June 2022 
  • VG appoints Wendy Inns as private wealth Director

    WendyInns_VG_jun22Jersey financial services provider VG has appointed Wendy Inns as a Director within its private wealth team, subject to regulatory approval. Wendy brings more than 25 years’ experience to the new role. She joins from Jersey-based trust company Hawksford, where she has served as a Directo...     [read more]

    By VG on  13 June 2022 
  • IoD Jersey names Simon Soar as Vice Chair

    SimonSoar_IoDJersey_jun22Simon Soar has been named the new Vice Chair of IoD Jersey.  Having begun his career in catering, Simon went on to start a training business for bar staff, managing and launching several new hospitality businesses. He then became CEO of the Jersey Hospitality Association and has most recently...     [read more]

    By Gwyn Garfield-Bennett on  13 June 2022 
  • Carey Olsen/Oakbridge support gaming fund

    CareyOlsen logo_jul19Carey Olsen and Oakbridge Fund Services have supported Singapore-regulated manager Play Ventures' launch of its Play Future Fund. The fund invests in global early-stage pre-seed, seed, Series A and blockchain and metaverse gaming companies and tokens.  It was established as a Jersey Priva...     [read more]

    By Carey Olsen on  13 June 2022 
  • Drawdown Awards 2022 announced

    Drawdown Awards 2022 logoThe winners of this year's Drawdown Awards, which highlight excellence and innovation within private capital fund operations, have been announced at a presentation event in London. The winners included a number of organisations with operations in the Channel Islands: • Fund Financing: Prov...     [read more]

    By Drawdown Awards on  13 June 2022 
  • Businesslife Future of Financial Services edition now online!

    BL78_cover.As the financial services sector continues to be transformed by a relentless march of digital transformation, the Channel Islands’ financial sector looks set to continue to thrive – despite a number of challenges on the horizon. That’s the message delivered in the latest edition o...     [read more]

    By BL Global on  9 June 2022 
  • KPMG makes changes to tax leadership

    KPMG TonyMancini jun22 KPMG has announced several changes to its Channel Islands tax team in the Crown Dependencies.  John Riva moves to a new role as Head of Tax with the KPMG Islands Group (KIG), in addition to becoming a member of the KPMG Tax Steering Group for Europe, Middle East and Africa.  Meanwhile, T...     [read more]

    By KPMG on  9 June 2022 
  • JFSC reappoints Commissioner Annamaria Koerling

    Annamaria Koerling_JFSC_jun22The Jersey Financial Services Commission has reappointed Annamaria Koerling as Commissioner. Annamaria joined the Board of Commissioners in 2017; her new term of four years will begin in September 2022. With a career in wealth management spanning more than 25 years, Annamaria is a Chartered Wealth...     [read more]

    By Jersey Financial Services Commission on  9 June 2022 
  • GFSC publishes pension transfer landscape review

    GFSC logoThe Guernsey Financial Services Commission has published a thematic review of the pension transfer landscape in the bailiwick. The review highlights its findings for the local pension sector and for pension members, and illustrates the Commission's expectations in this area, together with examp...     [read more]

    By Guernsey Financial Services Commission on  9 June 2022 
  • Zedra acquires Maltese business

    zedra logo jun22Zedra has acquired AlleyBe, a Maltese corporate service provider, trustee and virtual financial asset (VFA) agent. The acquisition adds scale, expertise and support for corporate clients and high-net-worth individuals across a spectrum of services – private wealth solutions, accounting and fi...     [read more]

    By Zedra on  8 June 2022 
  • Deloitte promotes across islands

    NickiePaulDeloitte has announced a number of promotions across the Channel Islands. In Guernsey, Nickie Paul and Mike De Robillard become Associate Partners in the audit team. Both have had long careers with Deloitte in the bailiwick, with Nickie spending more than 27 years with the firm.   Also in Guer...     [read more]

    By Black Vanilla on  8 June 2022 
  • Jersey wins Best International Finance Centre in Wealthbriefing Asia Awards

    JerseyFinance logo_jul2019Jersey has been named Best International Finance Centre (South-East Asia) at the 10th annual WealthBriefing Asia Awards 2022. The awards ceremony took place in Singapore on 2 June, showcasing organisations in the Asia region that have demonstrated innovation and excellence during the past year.&nbs...     [read more]

    By Jersey Finance on  7 June 2022 
  • Chartered Institute of Marketing appoints Elenor Bouchet as CI Ambassador

    Elenor Bouchet_CIM_jun22The Chartered Institute of Marketing (CIM) has appointed Elenor Bouchet as its Channel Islands Ambassador following a recent regional restructure. The former Jersey branch will be discontinued. Marketers in Jersey and Guernsey will now form part of the new CIM South West and Channel Islands Re...     [read more]

    By goldenthread marketing on  7 June 2022 
  • Zedra acquires Caledonian Trustees

    Zedra logoTrust and fiduciary services provider Zedra has acquired UK professional pension trustee business Caledonian Trustees.  Founded in 2006, Caledonian provides professional trustee and secretarial services to corporate pension and funeral plans. The acquisition, which follows Zedra's takeove...     [read more]

    By Zedra on  6 June 2022 
  • Equiom hires Gerard Chinniah as Singapore MD

    Gerard Chinniah Equiom Group has appointed Gerard Chinniah as Managing Director for Equiom Singapore, where he will oversee the firm’s fiduciary and corporate services. Gerard's international career has included providing fiduciary solutions for families in North America, the UK, the Middle East and...     [read more]

    By Equiom on  6 June 2022 
  • GFSC publishes 2021 annual report

    GFSC logoThe Guernsey Financial Service Commission has published its 2021 annual report and financial statements. The report notes that the combination of the vast quantitative easing undertaken across the developed world to combat Covid restrictions and the war in the Ukraine have crystallised the inflatio...     [read more]

    By Guernsey Financial Services Commission on  6 June 2022 
  • APM announces pan-island networking meetings

    APM logo_sept19The Association for Project Management (APM), the chartered body for the project profession, is holding networking events simultaneously in Guernsey and Jersey at 5.15pm on 9 June.  The events will allow those interested in the project profession to speak to local committee members to und...     [read more]

    By Eliot Lincoln on  6 June 2022 

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