Collas Crill has appointed Jackie McLaughlin as Senior Regulatory Consultant to expand its compliance and regulatory services in Jersey.
Jackie joins the firm from BDO Advisory, where she worked as Senior Regulatory Consultant. She supported a range of clients, from smaller regulated businesses to ...
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By Collas Crill on
31 March 2021
Ravenscroft Holdings has appointed Dominic Jones (pictured) as Non-Executive Chairman.
Dominic will take over from Stephen Lansdown in June, when Stephen retires from the board following the firm's AGM.
Stephen, who co-founded UK financial services firm Hargreaves Lansdown, has chaired t...
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By Ravenscroft on
31 March 2021
Ogier has appointed Matt Guthrie as Partner and Head of Private Wealth in Guernsey.
A qualified Advocate, Matt joins the firm from Mourant, where he has worked since 2011, most recently as Guernsey Managing Partner leading the international trust and private client team.
Prior to that he sp...
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By Ogier on
31 March 2021
The impact of Covid-19 risks turning back the clock on gender equality in Jersey and Guernsey, according to a report from PwC Channel Islands on women in the workplace.
The Channel Islands Women in Work Index 2021 lists a five-point action plan that would help to put the islands back on track...
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By Crystal PR on
30 March 2021
The Jersey Financial Services Commission has identified areas of concern following the thematic examination it conducted on the role of the Designated Service Provider (DSP) with respect to Jersey Private Funds (JPFs).
Of the six businesses examined, in most cases processes and procedures put in pl...
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By Jersey Financial Services Commission on
29 March 2021
Fund administration business Obsidian Fund Services has been launched in Guernsey.
Having gained regulatory approval from the GFSC in February, Obsidian aims to combine bespoke client service and the latest technology and practices to provide environmental, social and governance reporting and monit...
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By Odsidian Fund Services on
26 March 2021
Fund administrator JTC has been appointed by San Francisco-based private equity firm Resolute Capital Partners to administer its two new international feeder funds from Guernsey.
Resolute Capital invests in and manages investments in energy, real estate and technology. JTC Americas (formerly N...
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By Crystal PR on
26 March 2021
Credit Suisse has announced three promotions in its Guernsey office.
Kelly Rouillard, who focuses on securities operations within the bank, has been promoted to Vice President, having previously served as Assistant Vice President.
Meanwhile, Sharon Robert and Lesley Rouget, both of whom...
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By Black Vanilla on
26 March 2021
The upward trajectory of Jersey’s funds industry continued in 2020, with the value of regulated funds business serviced in the jurisdiction growing by 9% to reach a new record level, according to the latest quarterly statistics.
Figures for the fourth quarter of 2020 (ending 31 December)...
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By Jersey Finance on
25 March 2021
The International Stock Exchange Group (TISEG) has released its Annual Report, which shows that TISE increased its revenue, profit and earnings per share in 2020, despite the Covid-19 pandemic.
The report shows record revenues of £8.4m, a 4.2% increase in post-tax profit to £3.6m,...
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25 March 2021
Professional services provider Equiom has appointed Jodi Langlois as Client Services Director.
Based in Guernsey, Jodi leads several client services teams and oversees a diverse portfolio of assets including superyachts, business jets and real estate.
She brings with her extensive ...
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By Agility PR on
25 March 2021
Collas Crill has advised Guernsey Post on its acquisition of Channel Islands-based freight-handling business HRair.
HRair (previously Huelin-Renouf Air Freight) operates in Guernsey, Jersey and Heathrow, providing freight-handling services to a number of delivery providers. It opera...
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By Collas Crill on
25 March 2021
Digital consultancy ALX Training, part of BDO in Jersey, has appointed Steven Emberson as a Software and Process Adoption Manager.
The appointment reflects ALX's focus on design-led learning to help private and public sector organisations maximise IT investment.
Steven has worked i...
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By C5 Alliance on
25 March 2021
The board of private client, corporate services and fund administration business Oak Group has appointed Graham McCormack as Chief Executive Officer with immediate effect.
Graham has served as Acting CEO since former CEO Stuart Platt-Ransom left the role earlier this month. Prior to...
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By FWD Consulting on
24 March 2021
The Sovereign Group – the corporate, private client and retirement planning services provider with operations in Guernsey – has acquired STM Fidecs Management Limited (FML).
FML is the Gibraltar-based trust and company management arm of the AIM-listed STM Group. Under the terms of the a...
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By Sovereign Group on
24 March 2021
Zedra has announced the acquisition of BFCS, the fund and corporate services arm of Banque Internationale à Luxembourg.
The transaction, which is subject to regulatory approval by local regulator the Commission de Surveillance du Secteur Financier, will add to Zedra’s fund and re...
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By Greentarget on
24 March 2021
Brooks Macdonald International has promoted Akos Dietrich (pictured right) to Investment Director and Scott Goodrum to Senior Investment Manager, both in Jersey.
In his new role, Akos will also assume the position of Head of Direct Strategies, while leading the firm’s Jersey-based Imple...
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By Crystal PR on
23 March 2021
IQ-EQ has appointed Director Jacques Vermeulen to the role of Chief Commercial Officer, Guernsey.
His appointment to this newly created position expands Jacques' existing role to include the full Guernsey cluster.
He becomes responsible for developing and implementing key growth strategi...
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By Aspectus Group on
23 March 2021
The first humanitarian catastrophe bond covering pure volcanic eruption has been completed using a Guernsey insurance-linked securities (ILS) structure.
A $3m privately placed issuance – sponsored by the Danish Red Cross – has been brought to market by Replexus and Howde...
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By We Are Guernsey on
23 March 2021
Skipton International has named Bobby Ndawula as its new Chair.
Bobby joins Non-Executive Directors Shelagh Mason, Mark Bright and Tom Quigley on the Skipton board, alongside MD Jim Coupe, Director of Finance, Risk and IT Jonathan Dell, and Andy Nelson from shareholder Skipton Building Society...
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By Skipton International on
23 March 2021
JTC has appointed Naro Zimmerman as Director and Head of its Dubai office for private client services.
Previously a member of JTC’s private client team in Guernsey, Naro has been overseeing a portfolio of international high-net-worth clients for the firm. His focus has been on man...
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By Crystal PR on
23 March 2021
Trust and fiduciary services provider Equiom has recruited David Foster as Group Head of Private Wealth, based in Jersey, and a member of the firm's executive committee.
In his new role, David will be responsible for driving and growing Equiom’s private wealth business globally.
He has s...
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By Equiom on
22 March 2021
Jersey Finance used its annual Fintech Update event this week to launch the first in a series of reports this year examining the use of artificial intelligence by the financial services community, globally and in Jersey.
The introductory report covers:
• A history of AI – from humanoids ...
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By Jersey Finance on
18 March 2021
Carey Olsen has added to its family law offering with the appointment of consultant Suzanne Kingston.
Suzanne, who has more than 30 years' experience as a family lawyer, advises and supports clients on a wide range of issues, including complex financial matters, children arrangements foll...
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By Carey Olsen on
17 March 2021
Jersey’s first crowdfunding platform to help businesses secure funding for growth is launching this summer.
Developed by Digital Jersey and supported by Jersey Business, Springboard will give local businesses the opportunity to offer rewards-based crowdfunding.
Such sites already exist in th...
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By Digital Jersey on
17 March 2021
BDO Guernsey has appointed Dawn Sealey as Advisory Senior Manager to its regulatory consulting offering.
Dawn has spent the past 17 years at the Guernsey Financial Services Commission, where she acted as Assistant Director within the Investment, Fiduciary and Pensions Division and contributed...
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By Orchard PR on
17 March 2021
PraxisIFM Group has named Peter Gillson as a Non-Executive Director on its board.
Peter also serves as an NED of the group’s largest shareholder, the Financial Services Opportunities Investment Fund (FSOIF), and will represent the fund on the PraxisIFM board.
He co-founded administrati...
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By Orchard PR on
17 March 2021
RBS International has supported the renewal and transition to SONIA – the Sterling Overnight Index Average interest rate benchmark – of the corporate debt facility of International Public Partnerships (INPP).
The facility, with an overall capacity of £400m, including a flexi...
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By RBS International on
17 March 2021
The UK government's advisory group on broadband, the Broadband Stakeholder Group (BSG), has appointed Stephanie Liston (pictured) as its Chair. Stephanie is also Chair of the Jersey Competition Regulatory Authority (JCRA), a role she has held since July 2020.
The BSG provides a neutral fo...
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By ORCHID on
16 March 2021
Invicta Wealth Solutions has made five senior appointments in Guernsey.
James Dumont-Gale, previously the firm's Finance Director, has become Chief Financial and Operations Officer, taking responsibility for Invicta’s operations as part of his combined role.
James joined Inv...
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By Invicta Wealth Solutions on
16 March 2021
Oak Trust Guernsey has named Chris Sharman as a Private Wealth Director.
Chris brings to the firm more than 25 years' experience in the fiduciary sector. He joins from Intertrust Guernsey, where he had been a Director for 17 years, serving on the management board for seven years, and head ...
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By FWD Consulting on
15 March 2021
Brooks Macdonald International’s acquisition of the Lloyds Bank Channel Islands funds and wealth management business in November last year has helped drive Brooks Macdonald’s overall financial performance, according to the group’s half-year results published last week.
The results...
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By Crystal PR on
15 March 2021
The winners of the Hedgeweek European Awards 2021 were announced this week in a virtual ceremony highlighting the best in the European hedge fund sector, from fund managers to service providers, across all areas of the hedge fund ecosystem.
The winners included several businesses with operations in...
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By Crystal PR on
12 March 2021
EY has announced a number of senior promotions across its Channel Islands offices.
Sharma Mokram (pictured right) has been promoted to Director; Laura Bygraves and Peter Whitsey to Senior Managers; and Josalen Manaloto, Fraser McCluskey, Radhisha Moothoor and Kate Wakeham to Managers within the fir...
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By EY on
12 March 2021
HSBC has appointed Christine Yew (pictured right) to the role of Chief Operating Officer and Christina Liciaga (pictured below) as Head of Customer and Products in the Wealth and Personal Banking business.
The appointments, which include responsibility for the Channel Islands, Isle of Man and Europ...
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By Crystal PR on
12 March 2021
The Guernsey Financial Services Commission has published a Spring Green Consultation Paper and its Thematic Review of the Guernsey Green Fund Regime.
The consultation paper proposes an addition to the Finance Sector Code of Corporate Governance, to take account of climate change consideration...
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By Guernsey Financial Services Commission on
11 March 2021
RBS International Guernsey has made two senior appointments in its Institutional Banking division.
Simon Veron has taken up the post of Relationship Director, responsible for supporting existing and new clients with their institutional banking requirements, particularly around ESG (environmen...
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By Liquid on
11 March 2021
Collas Crill has advised TEAM Asset Management on the placing of its shares and admission of its shares to trading on the AIM market of the London Stock Exchange.
TEAM, a Jersey-based fund manager, currently provides discretionary and advisory portfolio management services to private clients,...
[read more]
By Collas Crill on
11 March 2021
Fairway Group has appointed Ian Henderson to the role of Non-Executive Chair.
Ian brings to the role more than 40 years of finance industry experience, encompassing roles in the UK and Jersey with organisations including HSBC, Julius Baer and RBS International.
He also spent more than ...
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By Fairway Group on
9 March 2021
Ocorian has acquired Emphasys Technologies, a US-based service provider to the capital markets sector, specialising in tax reporting and calculation agency services to asset-backed transactions.
The deal, which was agreed on 4 March, is expected to complete later this month.
Emphasys Techno...
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By Ocorian on
9 March 2021
Brooks Macdonald International has made two promotions within its pan-Channel Islands investment team based in Guernsey – Ben Chandler (pictured right) to Investment Director and Andy Alford (far right) to Senior Investment Manager.
Having joined Brooks Macdonald in 2017, Ben has more than 21...
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By Crystal PR on
9 March 2021
EY has launched a survey to gauge the attitudes of Channel Islands business towards fintech and related technology solutions and adoption of these technologies across the islands.
The survey follows the firm’s fintech survey in 2017 and will explore whether attitudes towards fintech hav...
[read more]
By EY on
9 March 2021
The Jersey Financial Services Commission has announced its next sector-specific webinar covering the findings and recommendations of the National Risk Assessment report in October 2020.
The webinar, which will focus on lawyers, will take place on Wednesday 17 March at 14:00.
The hour-long session ...
[read more]
By Jersey Financial Services Commission on
9 March 2021
Private Wealth specialist Catherine Moore has joined Ogier as a Partner in Guernsey.
A Guernsey Advocate, Catherine's practice covers non-contentious as well as contentious matters related to private wealth structures.
She works with fiduciary service providers and high-net-worth i...
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By Crystal PR on
9 March 2021
Guernsey's Policy & Resources Committee and the Guernsey Financial Services Commission have nominated Julian Winser (pictured) as a Commissioner for a three-year term from 1 June, and as the Commission's next Chairman from 31 December.
As GFSC Chairman, Julian will succeed Cees Schrauwe...
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By States Of Guernsey on
9 March 2021
Monique O’Keefe has been named Deputy Chair, and Diane Maxwell Director of Policy, at the Jersey Financial Services Commission.
Monique (pictured right), who joined the Board of Commissioners in 2018, will take over the Deputy Chair role following Commissioner Ian Wright’s retirement in...
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By Jersey Financial Services Commission on
8 March 2021
Stonehage Fleming has made eight appointments across its family office, treasury and corporate services divisions in Jersey. These include:
Corporate services
• Jon Manning, Senior Manager
• Kay Jeanne, Senior Manager
Jonathan has 11 years of experience in asset and wealth m...
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By Montfort Communications on
8 March 2021
Jersey Finance has this week launched a sustainable finance strategy – part of a report that makes the case for the island's finance sector to support the transition to a more sustainable future.
The report – Jersey for Good: a Sustainable Future – sets ou...
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By Crystal PR on
8 March 2021
Global fiduciary services provider Crestbridge has opened an office in Dublin, Ireland, and appointed Andrea Lennon (pictured) as Head of Funds, Ireland.
Andrea has over 20 years’ experience in the investment funds sector and has worked with asset managers and asset owners across Europe, the ...
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By Crestbridge on
8 March 2021
The Guernsey Financial Services Commission has published its investment statistics for the fourth quarter of 2020. The key points are as follows:
• Guernsey funds – The total net asset value of Guernsey funds increased in sterling terms in the last quarter by £9.4bn (3.9%) to &poun...
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By Guernsey Financial Services Commission on
5 March 2021
Sure has appointed Alistair Beak as Acting Group Chief Executive Officer from 31 March. He replaces Ian Kelly, who is leaving Sure and returning home to Australia after four years in the role.
Alistair joined Sure in 2017 as Chief Marketing Officer and became Chief Business Officer and CEO of the g...
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By Orchard PR on
5 March 2021
Appleby has acted as Jersey counsel to artificial intelligence specialist SparkCognition in its acquisition of financial technology company AIM2 from hedge fund management company Brevan Howard and global investment bank Nomura.
SparkCognition, headquartered in Austin Texas, builds AI technology so...
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By Appleby on
5 March 2021
Fund and corporate services provider Aztec Group has supported Nordics PE firm Norvestor with the fundraising activities and final close of its latest fund, Norvestor VIII.
The fund reached €800m of committed capital from a diversified group of existing and new investors from Europe, Nor...
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By Aztec Group on
4 March 2021
Financial services group Ocorian has acquired Guernsey-based consultancy Platinum Compliance. The deal, agreed on 2 March, is expected to complete later this month.
Platinum provides compliance consulting services using the Platinum GATEway, a proprietary software solution that enables cl...
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By Ocorian on
4 March 2021
The Jersey Financial Services Commission is holding an hour-long webinar focusing on customer due diligence on Wednesday 10 March at 2pm.
At the event, the Commission's Chief Adviser on Financial Crime, Hamish Armstrong, will join International and Industry Engagement Co-ordinator Caroline Morg...
[read more]
By Jersey Financial Services Commission on
4 March 2021
Ogier has promoted Alex Horsbrugh-Porter to Partner in its Guernsey dispute resolution team.
Alex has been with Ogier since 2016, having previously served as Counsel. Prior to joining the firm, he spent five and a half years as a Director at David Rubin & Partners (CI).
Earlier in ...
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By Crystal PR on
4 March 2021
Opportunities for fund managers in the post-Brexit environment will be discussed at a Guernsey Finance webinar on Tuesday 9 March at 10am.
The island's access to Europe’s financial services markets remain unchanged after Brexit, with the island able to use the National Private Placement R...
[read more]
By Guernsey Finance on
4 March 2021
Issue 72 of Businesslife, a special edition focusing on the wealth sector, is now available online.
The wealth sector is facing a period of unprecedented change that is forcing wealth managers and advisers to overhaul the way they operate and to adapt quickly to futureproof their operations, the la...
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By BL Global on
3 March 2021
Rialto Investment Partners, the St Helier-based firm formed last October, has completed its first acquisition – Jersey property and real estate services group Real Property.
The transaction includes all four Real Property businesses - Buckley & Company (commercial agency and professional ...
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By Rialto Investment Partners on
3 March 2021
Guernsey-based Aspida Group has formed a partnership with Mainspring Fund Services to provide governance, compliance, administration and reporting services to Guernsey-domiciled private equity and venture capital funds.
The first fund launch for the partnership, a $550m Guernsey Private Inve...
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By Aspida on
3 March 2021
Guernsey-based fiduciary business Ironwood Trustees has promoted Neal Pickford to Director.
Having joined the firm in September last year as Associate Director, Neal has more than 20 years of experience in the finance sector.
Prior to joining Ironwood, Neal worked with KPMG and Deloitte, and over ...
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By Ironwood Trustees on
3 March 2021
Guernsey Finance has appointed its first dedicated representative in South Africa.
Grant McLeod has spent more than 20 years in financial services in South Africa, particularly in private wealth, with companies including Ashburton and Barclays Private Wealth.
He will look to build on developments ...
[read more]
By Guernsey Finance on
3 March 2021
The Jersey Financial Services Commission has announced changes to the AML/CFT handbooks as a result of Financial Action Task Force recommendations and industry feedback to a recent consultation paper.
The changes, summarised below, will come into effect on 31 May.
• Relevant persons...
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By Jersey Financial Services Commission on
3 March 2021
Business and technology consultancy Prosperity 24/7 has made six promotions across its Channel Islands business, including Marisa Hamon to HR Director and Peter Wright to Finance Director and Chief Operating Officer.
Marisa has been with Prosperity since 2011, having spent more than 17 years ...
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By Prosperity 24.7 on
2 March 2021
Investor services group IQ-EQ is launching a dedicated funds business in Ireland.
Following the group's authorisation as a funds administrator by the Central Bank of Ireland in December, the new Irish funds business is scheduled to go live on 18 March.
IQ-EQ has been active in the Republi...
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By Aspectus Group on
2 March 2021
Enness Global Mortgages, the mortgage broker for ultra-high-net-worth individuals, has appointed Nigel Le Quesne as Non-Executive Chairman. Nigel will also acquire an equity stake in the business.
Enness was founded by Islay Robinson and Hugh Wade-Jones in 2007 and now has offices in Lo...
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By Agility PR on
2 March 2021
Intertrust Group in Jersey has promoted Lyndsey Adams to Director in the private wealth team.
Lyndsey joined Intertrust in 2019 as an Associate Director, bringing with her over 20 years’ experience working within private wealth.
Prior to joining the group, she spent four years in senio...
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By Orchard PR on
2 March 2021
Deloitte in the Channel Islands has created two leadership roles for its pan-island advisory team – Simeon Moss in Jersey and Sally Rochester in Guernsey.
Both Directors will expand their respective teams while overseeing key service areas.
Simeon has over 25 years of commercial and co...
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By Black Vanilla on
1 March 2021
Lawyers from Carey Olsen's corporate team in Jersey have advised European commercial real estate investor and asset manager M7 Real Estate on its proposed sale to Oxford Properties.
The acquisition, depending on regulatory approval, will see M7 continue to operate as a standalone business...
[read more]
By Carey Olsen on
1 March 2021
UBS Wealth Management has announced two promotions: Marc Nightingale to Executive Director and Brendan Monks to Director.
Moving up from his role as Director, Marc has been with UBS for 11 years, following eight with Lloyds Bank. He is a Senior Client Advisor within UBS's private clients team, ...
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By Refinery on
1 March 2021
Corbett Le Quesne has appointed Simon Lofthouse to lead its newly established private client team as Head of Private Client.
Simon joins the firm from Ogier in Jersey, where he has been an Associate for more than four years. Prior to this, he worked for UK law firms Stone King and Awdry ...
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By Corbett Le Quesne on
1 March 2021
Zedra has appointed David Rudge as Managing Director, Active Wealth.
David will lead the firm's Active Wealth offering in the UK, servicing the needs of entrepreneurs, family business owners and private clients in the UK and internationally.
Prior to joining Zedra he spent 15 years...
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By Greentarget on
1 March 2021
International corporate, private client and fund services provider Hawksford has secured European fund manager STAR Capital Partnership as a majority investor.
STAR will provide investment capital to drive accelerated growth of the Hawksford business. M&A will be an integral part of the growth ...
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By Liquid on
1 March 2021