Collas Crill's property team has advised Queen's Road Medical Practice on its recent acquisition of Grange Road House in Guernsey.
The property, which occupies a prominent site on The Grange, was originally built as a private residence. It went on to house The Ladies' College until the ...
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By Collas Crill on
31 May 2022
This year's Top 35 Under 35 Channel Islands listing from eprivateclient has been revealed, featuring the following successes:
WOMEN
• Abigail Renny, Trust Supervisor, PraxisIFM
• April Hamel, Legal Counsel, Accuro
• Carla Plater, Associate, Walkers
• Chloe Loeser, Asso...
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By eprivateclient on
30 May 2022
The Government of Jersey has published its first National Risk Overview of the virtual assets sector in Jersey.
The overview, which builds on input from all competent authorities and industry representatives, includes key findings and actions that form the basis of next steps.
The report is ...
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By Jersey Financial Services Commission on
30 May 2022
Carey Olsen and Oakbridge Fund Services have advised regulated Singapore investment manager Phillip Street Partners on the launch of the PSP Digital Macro Fund.
The fund's aim is to deliver uncorrelated absolute returns across multiple asset classes, including digital assets.
It is struc...
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By Carey Olsen on
30 May 2022
Guernsey-based Bailiwick Investments has returned a strong set of results for 2021 despite the ongoing global economic challenges.
It reports that each investment in its portfolio either outperformed or equalled its 2020 valuation, resulting in a total net gain of £16.9m for the year and...
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By Ravenscroft on
27 May 2022
Natasha Egré has been named as the new Chair of IoD Jersey.
An experienced PR and digital marketing professional, Natasha has served as Vice Chair of IoD Jersey for the past three years. She was voted in as Chair at the Annual Members Meeting on 26 May.
Natasha has worked with outgoing Chai...
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By Gwyn Garfield-Bennett on
27 May 2022
The Jersey Financial Services Commission is asking for feedback from funds businesses on a proposed 11% increase to the sector’s fee rates.
It says the increase is due to:
• Headline fee rates being subject to an increase of 5% above the Retail Prices Index (RPI) to compensate for change...
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By Jersey Financial Services Commission on
27 May 2022
Apex Group has announced that it has new minority investors led by TA Associates and including Mubadala Investment Company and Carlyle.
These firms are investing alongside existing private equity firm Genstar Capital, as well as Founder and CEO Peter Hughes and the Apex management team.
...
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By Apex Group on
26 May 2022
The Channel Islands Financial Ombudsman (CIFO) has released its annual report and accounts for 2021.
In 2021, CIFO resolved 360 in-mandate complaints, with 77% (277) resolved using mediation to bring the complainant and the financial service provider to an agreed solution.
The other 23% (83) requi...
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By CIFO on
26 May 2022
RBS International, trading in Jersey as NatWest International, has appointed Michael Mills as a Relationship Director in the bank’s corporate and commercial team.
Michael, who has been a Relationship Director for the bank for the past six years, has moved to Jersey from the UK and is re...
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By Crystal PR on
26 May 2022
Audit, tax and business adviser BDO has announced six promotions in Guernsey.
Vennah Mutambo takes up the role of Senior Assistant Manager in the Funds and Asset Management team.
Vennah has worked for BDO since 2014, including in Zimbabwe and South Africa. She joined the Guernsey...
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By Orchard PR on
25 May 2022
Local insurance specialist Islands has announced two Executive Director appointments – Joanne Ford and Fiona McHugh.
With a career of more than 16 years in insurance, Joanne (pictured right) joined Islands five years ago as a team leader. Within two years, she was promoted to Head of Br...
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By ORCHID on
25 May 2022
Leaders from across the Channel Islands and the City of London are being invited to contribute their views to a special edition of Businesslife magazine, which will explore the relationship between the two regions.
The City Edition of the Channel Islands-based business and lifestyle magazine will b...
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By BL Global on
24 May 2022
Crestbridge has appointed Alex Le Quesne to the role of Group Head of Governance Services, based in Jersey.
Alex will be responsible for managing the operational and financial performance of the firm's institutional governance services globally, including management company, director, client co...
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By Crystal PR on
24 May 2022
Bedell Cristin's Guernsey office has advised the Stonewood Wealth Management group in relation to the registration of one of its Guernsey open-ended registered collective investment schemes as a Route 3 private investment fund (PIF).
The registration involves an existing PIF converting from a R...
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By Crystal PR on
24 May 2022
The Institute of Directors in Guernsey has appointed Gill Morris and Jill Clark to its Committee.
They bring more than 50 years’ combined experience in director and leadership positions.
Jill is the Founder of Customer-Excellence, a Guernsey consultancy de...
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By Black Vanilla on
24 May 2022
The Guernsey Financial Services Commission has released the first quarter investment statistics for 2022.
• Guernsey funds The total net asset value of Guernsey funds has increased in sterling terms during the last quarter by £6bn (2%) to £309.6bn. Over the past year, total ne...
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By Guernsey Financial Services Commission on
23 May 2022
?The house price report for the first quarter of 2022 has been published by Statistics Jersey.
The Jersey House Price Index measures the combined average price of one- and two-bedroom flats as well as two-, three- and four-bedroom houses.
The index includes properties transacted through the ...
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By Government of Jersey on
23 May 2022
Walkers has added to its Jersey team with the recruitment of Sarah Townsend as Senior Counsel in the Investment Funds and Corporate Practice Group.
Sarah has more than 15 years’ experience as an offshore lawyer, having trained and practised as a Solicitor in London and Cheltenham.
She j...
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By Walkers on
23 May 2022
Carey Olsen's corporate team in Jersey has advised Permira funds on the take-private of Nasdaq-listed email security and cyber resilience company Mimecast.
The all-cash transaction, which was first announced in December last year, values Mimecast at $5.8bn and was effected by way of...
[read more]
By Carey Olsen on
23 May 2022
EY has appointed Andrea Gallienne as Talent Manager in the Channel Islands.
An experienced HR professional, Andrea has worked across a number of sectors in the Channel Islands, including public, financial services and retail.
She joins EY after almost three years at The Channel Islands...
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By EY on
23 May 2022
The Jersey Financial Services Commission has appointed Alexis Dolling to the position of Executive Director of People and Culture.
Alexis is an established executive with commercial, HR, leadership and operational experience from her career in the financial services and retail sectors.
She h...
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By Jersey Financial Services Commission on
20 May 2022
Sure Business has named Stephen Kenealy as its new Head of Enterprise Sales, primarily managing clients in Jersey, but with some crossover to Guernsey and the Isle of Man.
Stephen has spent the last five years running Jersey-based business Zuri Home Care Solutions, launching healthcare-based s...
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By Orchard PR on
20 May 2022
The Jersey Resolution Authority (JRA), formed in January to minimise the impact of bank failure on the island and ensure that public funds are protected, has set out its strategy for the remainder of 2022 and 2023, along with the key actions and planned timeframes.
As well as a necessary focus on i...
[read more]
By Jersey Financial Services Commission on
20 May 2022
This year's Citywealth Magic Circle Awards were announced in London this week, including several Channel Islands businesses and individuals among the Gold winners.
• Wealth Professional Award: Nicola Brown, Director, Zedra Trust Company (Guernsey)
• Family Office Services of the Year:...
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By Citywealth on
19 May 2022
PraxisIFM has reported its results for the eight-month period ended 31 December 2021.
The group has aligned its year-end with the wider industry, which means direct comparisons to previous accounting periods cannot be made. However, the key points are as follows:
• Revenue: £30.6m
•...
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By PraxisIFM on
19 May 2022
Sovereign Group, a global provider of corporate, private client and retirement planning services, with operations in Guernsey, has acquired Middle East corporate services provider PRO Partner Group (PPG).
PPG operates in the UAE, Qatar, Oman and Saudi Arabia, providing local knowledge to inter...
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By Sovereign Group on
18 May 2022
Oak has appointed James Tracey as Managing Director of the firm's Guernsey Funds business.
He takes over from Paul Schreibke, who is moving to Mauritius to take up a new role with the firm.
James, whose career in finance spans more than 20 years, has worked in Guernsey since 2001. He has acted...
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By Oak Group on
18 May 2022
The Jersey Financial Services Commission's Registry has won an international award for its digitalisation programme.
The award, from the International Association of Commercial Administrators (IACA), follows the implementation of a fully digital Registry in Jersey.
The JFSC is one of only thre...
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By Jersey Financial Services Commission on
18 May 2022
Financial services group Apex is to acquire the fund services and third-party management company business operations of Maitland International Holdings.
Founded in 1976, Maitland has offices in the UK, Guernsey, South Africa and Luxembourg and provides fund services including administration, ...
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By Apex Group on
18 May 2022
The IoD’s May breakfast will discuss leadership in a post-pandemic era.
The audience will hear from a panel of business leaders:
• Evelyn Brady, Managing Partner, PwC
• Phil Eyre, Founder, Leaders Consultancy
• Jill Clark, Non-Executive Director and lecturer &n...
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By Black Vanilla on
18 May 2022
Following the Jersey Financial Services Commission's feedback paper in April on proposed amendments to the Financial Services (Investment Business (Client Assets)) (Jersey) Order 2001 – or CAO – the Government of Jersey has amended the CAO as of 17 May.
A transitional period of thre...
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By Jersey Financial Services Commission on
18 May 2022
Danielle Brouard has joined Walkers' Guernsey Employment Law Practice Group as Senior Counsel.
Born and educated in Guernsey, Danielle joins the law firm from Collas Crill, although her earlier career included 14 years as an employment lawyer with Baker McKenzie in London.
She advises on all a...
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By Walkers on
16 May 2022
Jersey-based firm Preston Legal has appointed Clare Nicolle, Sarah Hope and Kirsten Rowe to its estate planning and capacity practice.
All three join from Voisin Law, bringing experience in will drafting, succession planning and probate applications for local and international clients. They h...
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By Preston Legal on
16 May 2022
BCR Law has appointed Advocate Anna Field to its property team.
Anna, who has 20 years of legal practice experience, will deal with residential and commercial property transactions.
She will act on a wide range of property law matters, including freehold, flying freehold and share tran...
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By BCR Law on
16 May 2022
Family offices must accelerate their efforts to adapt and transform their strategy and operations to address disruptions brought on by rapid global economic, social, regulatory, geopolitical and technological change.
So says the new EY Single Family Office Study, which examines the views of mo...
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By EY on
13 May 2022
The Guernsey Financial Services Commission's application for membership of the Taskforce on Nature-related Financial Disclosure (TNFD) Forum has been accepted.
In joining the Forum - whose members include regulators such as the Bank of England and Banque de France - the Commission aims to furth...
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By Guernsey Financial Services Commission on
13 May 2022
Le Gallais & Luce has appointed Mark Brady as Senior Counsel and Business Development Manager within its commercial legal team.
A specialist finance lawyer, Mark joins the law firm after two years as a Partner with Appleby in Jersey.
He began his career in Edinburgh with Maclay Murray & Sp...
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By William Church Consulting on
13 May 2022
TEAM Asset Management is to acquire the entire issued and to be issued share capital of Jersey-based financial planning and investment consultancy Concentric Group.
An initial consideration of £1.7m is payable in cash, plus further deferred consideration of up to £0.8m in ne...
[read more]
By Novella on
12 May 2022
Insurance broker Willis Towers Watson (WTW) has appointed Mike Johns as Head of Office for its Guernsey operation, Willis Towers Watson Management (Guernsey).
Johns has been the firm's Director of the Management Operations since 2016, having served as an Account Director for almost a decade.
M...
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By Willis Towers Watson on
12 May 2022
IQ-EQ has recruited Briony Sun as a dedicated Chinese Family Office Executive, based in Jersey.
The investor services group is aiming to optimise its services for Chinese high-net-worth families living in or planning to relocate to the UK, particularly London, and those looking to establish a Jerse...
[read more]
By Aspectus Group on
12 May 2022
The Guernsey Financial Services Commission has issued its report on the thematic review of its licensees’ effectiveness in monitoring and compliance with targeted financial sanctions.
The results showed that the sanctions screening systems that firms use are effective.
The Commis...
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By Guernsey Financial Services Commission on
11 May 2022
UK fintech company Flagstone has received regulatory approval from the Jersey Financial Services Commission for a new business on the island, Flagstone International.
The cash deposit platform of Flagstone, which is headquartered in London, enables clients to move money between the deposit products...
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By Flagstone on
11 May 2022
Guernsey marine services and chandlery business Boatworks has reorganised its management team as it continues to implement its development strategy following its acquisition by local businessman Peter Tom in June 2021.
General Manager Stuart Tucker has been appointed Managing Director. His ne...
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By Orchard PR on
11 May 2022
Professional services business Mourant has assisted the Channel Islands Co-operative Society with a 21-year lease at the newly constructed retail unit at Five Oaks Business Park in Jersey.
The £12m business park comprises a Co-operative food store, self-storage facility and industrial unit me...
[read more]
By Orchard PR on
11 May 2022
C5 Alliance, part of the BDO Group in Jersey, has made two senior promotions, with Andy Hollywood-Russell and Joel Gicguel moving up to Senior Consultants.
Andy has been with C5 as a consultant since 2017, following a succession of client relationship roles – two years with Microgen, 10...
[read more]
By C5 Alliance on
10 May 2022
Jersey-based investment manager Spring IM is launching a digital investment platform to make investment opportunities more accessible for all islanders.
Founders Simon O‘Donoghue and Alfie Greenway established Spring IM late last year to support islanders who want to invest but wouldn’t...
[read more]
By Lisa Downes on
10 May 2022
Jersey Finance has welcomed a further series of amendments to Jersey’s limited partnership law, approved on 27 April, which aim to give fund managers greater flexibility in their international fund structuring.
The amendments, subject to Privy Council approval, are expected to come into ...
[read more]
By Crystal PR on
10 May 2022
The Jersey Financial Services Commission and the Government of Jersey have launched a joint consultation to help identify barriers to the adoption of digital ID systems.
The intention is to capture views on potential solutions to further enable the adoption of digital ID systems.
Over the pa...
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By Jersey Financial Services Commission on
10 May 2022
The Jersey Chamber of Commerce is holding a briefing this month that will focus on what businesses can do to improve their cyber security in the face of growing threats.
The breakfast briefing, from 8am on 19 May at the Royal Yacht, will offer insights from security specialists, local cyber intelli...
[read more]
By Direct Input on
10 May 2022
Carey Olsen has advised the States of Jersey in relation to its issuance of £500m 2.875% bonds due 2052, the States' first bond issuance since 2014.
The bonds were listed on the Official List of The International Stock Exchange on 6 May, with Carey Olsen Corporate Finance acting as ...
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By Carey Olsen on
10 May 2022
The States of Guernsey has appointed Stuart King as a Commissioner, following the retirement of Cees Schrauwers.
Stuart is a Non-Executive Director of UK pensions annuity specialist Pension Corporation and an independent consultant.
During his career, he has served as Group Compliance Direct...
[read more]
By Guernsey Financial Services Commission on
6 May 2022
High-net-worth investors remain deeply concerned about the impact of the war in Ukraine on the global economy and rising inflation, according to the new quarterly Investor Sentiment survey from UBS.
The survey, of more than 2,500 investors and 1,000 business owners across 14 markets globally,...
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By Refinery on
6 May 2022
The Guernsey Financial Services Commission has published a consultation paper proposing the introduction of a Natural Capital Fund regime.
It is also, through a separate consultation paper, bringing forward proposals to counter the risk of greenwashing.
Consultation paper: Natural Capit...
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By Guernsey Financial Services Commission on
5 May 2022
Prosperity 24/7 has recruited Simon Watkins and Robert Taylor as Senior Network Architects, Networking and Security.
Simon has extensive experience in the design and deployment of client networks, with a focus on solutions by Cisco Systems.
He joins Prosperity from Sure, where he has spent t...
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By goldenthread marketing on
5 May 2022
Family law specialist Kate Donohue has joined Corbett Le Quesne in Jersey.
Kate qualified as an English Solicitor in 2009. She worked in the UK for many years rising to regional head of the family law department at Simpson Millar.
Kate later qualified as an English Barrister in 2017. She spe...
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By Corbett Le Quesne on
5 May 2022
RBS International has delivered an asset-backed facility to BGF (Business Growth Fund), a UK-domiciled fund that provides long-term growth capital to SMEs across the UK and Ireland.
RBS International, acting in its sole capacity as documentation and sustainability coordinator, agent and secur...
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By Liquid on
5 May 2022
Guernsey Finance has appointed Jonathan Gamble as a dedicated business development representative for the US.
Jonathan, an independent consultant and Non-Executive Director, works with a number of firms in the wealth management and fiduciary sector in Guernsey.
He has spent more than 20 years...
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By Black Vanilla on
4 May 2022
Voisin Law has appointed Kylie Young to the role of Head of Probate.
Kylie has been a probate professional in Jersey for more than 20 years, focusing on domestic and international clients and managing the testamentary and successional affairs of Jersey-based assets.
She has acted...
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By Suzanne le Lay on
4 May 2022
Mourant has promoted a range of staff in its Guernsey and Jersey offices.
In Guernsey, finance and corporate specialist Sam Malpass (pictured) has been promoted to Counsel, along with litigator Laurie Child in Jersey.
Also in Guernsey, litigator Greg Coburn, property specialist Laura B...
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By Orchard PR on
4 May 2022
EY has announced a number of promotions in its Assurance team across the Channel Islands.
Nick Masterton (pictured right) has been promoted to Assurance Senior Manager, while Christian Galecio and Maelle Smith have both been promoted to Assurance Manager.
Meanwhile, Shardale Alber...
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By EY on
4 May 2022
Intertrust has published its results for the first quarter ended 31 March 2022. The highlights include:
• Underlying revenue returning to growth (+2.2%), mainly driven by US Fund Services, Rest of the World and Luxembourg trending positively. Underlying revenue growth excluding the Netherlands...
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By Intertrust on
3 May 2022
Suntera Global has completed its acquisition in the Channel Islands of specialist fiduciary services provider Nedgroup Trust, following the receipt of regulatory approvals.
The firm says the acquisition will strengthen Suntera Global’s offering and extend its reach into an additional tier one...
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By Crystal PR on
3 May 2022
The International Stock Exchange (TISE) has added the UK vehicle leasing sector’s largest green bond to its sustainable market segment, TISE Sustainable.
Zenith Finco has issued £475,000,000 6.500% Green Senior Secured Notes due 2027, which has been listed on TISE’s Qualifie...
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By TISE on
3 May 2022
Stonehage Fleming has made two senior appointments, promoting Richard Stride to Head of Family Office Jersey and recruiting Bruce Sinclair as Trustee Director in the Jersey family office division.
Richard (pictured right) acts as a trusted adviser to wealthy international families. For t...
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By Montfort Communications on
3 May 2022
VG has has refreshed its branding to reflect an updated leadership team and to mark its 40th anniversary this year.
Since being founded in 1982, VG has specialised in the formation and management of trusts, companies, funds and other structures, whether established in Jersey or other jurisdictions....
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By VG on
3 May 2022