Duff & Phelps has announced a change of name to Kroll, a provider of services and digital products related to valuation, governance, risk and transparency.
Kroll was acquired by Duff & Phelps in 2018 and the two organisations have worked to integrate their global offering and strengthen the...
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By Crystal PR on
29 September 2021
The Jersey Financial Services Commission (JFSC) is hosting a global webinar on fraud and scams next week to mark World Investor Week, an international campaign to raise awareness about investor education and protection.
Streamed live on 7 October between 13:00 and 14:00, the webinar – entitle...
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By Jersey Financial Services Commission on
29 September 2021
Jersey law firm Steven Slater Legal Service is becoming part of BCR Law from 4 October.
Advocate Steven Slater (pictured), who has more than 30 years’ experience in the legal sector, is joining BCR as a Consultant.
He specialises in property and conveyancing, business and commercial ad...
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By BCR Law on
29 September 2021
PraxisIFM Group has announced its latest results, for the year ending 30 April 2021. The key points are as follows:
• Turnover (from continuing operations) £59.2m (2020: £60.46m)
• Gross profit (from continuing operations) £32.2m (2020: £31.06m)
• Operating lo...
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By PraxisIFM on
28 September 2021
More than half of UK high-net-worth individuals (HNWIs) are unconcerned about the effects of inflation on their finances, according to YouGov research released this month by Canaccord Genuity Wealth Management (CGWM).
In a sample of 1,006 HNWIs (£750,000 savings/assets, excluding main h...
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By ORCHID on
28 September 2021
Carey Olsen has added to its dispute resolution and litigation team with the appointment of Senior Associate Robin Gist.
Robin brings to the new role experience spanning private and public law, including regulatory, private client, property and data protection matters.
He came to Guern...
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By Carey Olsen on
28 September 2021
Guernsey Finance is holding a Hong Kong Masterclass webinar on Tuesday 28 September from 9:00 to 10:00 BST (16:00 - 17:00 Central Standard Time).
The session, organised by We are Guernsey, is aimed at professionals in the private wealth and family office sector, and will focus on ESG and its ...
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By Black Vanilla on
27 September 2021
Collas Crill has appointed Guernsey-based Jonathan Keys-Massey as Director of Compliance.
Jonathan brings to the new role long-running experience in anti money laundering and compliance, as well as business risk management and relationship management.
He joins the firm from Trust Corporation...
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By Collas Crill on
27 September 2021
The Drawdown Awards for 2021, which celebrate excellence and innovation within private capital fund operations, have been announced. The winners include a number of businesses with operations in the Channel Islands:
• Advisory/Consultancy: ESG – MJ Hudson
• Advisory/Consultancy: Mar...
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By BL Global on
27 September 2021
The Guernsey International Insurance Association (GIIA) has awarded its first environmental, social and governance (ESG) accreditation for an insurance entity.
The framework, launched in Guernsey earlier this year, has awarded the accreditation to Dunant Re IC, an incorporated cell of Replexus...
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By We Are Guernsey on
23 September 2021
The Guernsey Financial Services Commission has announced that Caroline Bradley (pictured), Deputy Director in the Authorisations and Innovation Division (AID), and Alison Gavey, Deputy Director in the Investment, Fiduciary and Pension Division, will become co-Directors of the AID.
They take ...
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By Guernsey Financial Services Commission on
23 September 2021
Jersey-based IT services and solutions provider SystemLabs has appointed Chris Rowe as Senior Infrastructure Consultant.
Chris brings with him more than eight years’ experience designing and implementing IT infrastructure, including several years in the financial services sector.
He jo...
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23 September 2021
The Government of Jersey has launched a consultation on how businesses offering Jersey pension investment advice should be regulated.
In the proposal, businesses that provide investment-type advice to consumers about Jersey pension products or private employer pension arrangements would now fall un...
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By Jersey Financial Services Commission on
23 September 2021
Zedra has opened a new office in Liechtenstein, which will allow the firm to service international clients there and build on its service offering for European high-net-worth individuals and entrepreneurs.
The firm plans to capitalise on Liechtenstein’s rapidly growing technol...
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By Zedra on
22 September 2021
Eprivateclient has published its latest Top 35 Under 35 listing, the publication’s annual list of leading young private client professionals working in the UK and Crown Dependencies. The list includes several Channel Islands professionals:
MEN
• Joshua Allaway, Assistant Manager, JTC Gro...
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By BL Global on
22 September 2021
Mourant has appointed a new Partner and three new Principals in the Channel Islands as part of its mid-year promotions round.
Alana Gillies (pictured), Counsel in the firm's Guernsey Corporate practice, has been promoted to Partner. Alana has been with Mourant since 2014, when she moved t...
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By Orchard PR on
22 September 2021
JTC has announced the acquisition of Dublin-based manco and fund services business Ballybunion Capital, alongside the publication of its latest set of interim results.
Founded in 2009, Ballybunion provides management and regulatory oversight services to investment funds and offers manco servi...
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By Crystal PR on
21 September 2021
Investec has appointed Jane Niles to the position of Head of Real Estate Offshore in its corporate and family office team in the Channel Islands, as it looks to capitalise on real estate opportunities in the UK and offshore.
In her new role, Jane, who joined Investec in 2016, will report into...
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By ORCHID on
21 September 2021
Jerseyman Steve Shepperson-Smith has been appointed as President-Elect of the Chartered Institute of Public Relations (CIPR). He will become President of the organisation in 2023.
Founded in 1948, the CIPR is the Royal Chartered professional body for public relations practitioners in the UK and ove...
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By CIPR on
21 September 2021
In the global drive towards carbon neutrality, European companies that raise finance in the global capital markets are leading their peers, according to HSBC’s Sustainable Financing and Investing Survey 2021.
It reports that 24% of issuers (16% globally) have already made a net-zero commitmen...
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By Crystal PR on
21 September 2021
The winners of the Jersey Institute of Directors 2021 Director of the Year Awards have been announced.
The awards celebrate strong leadership across the private, public and third sectors of Jersey. An expanded 10 categories were opened to nominations for individuals who have led their or...
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By Gwyn Garfield-Bennett on
20 September 2021
Guernsey-based cyber risk consultancy CentricalCyber has appointed Darren Clement as a Director.
A Chief Information Security Officer (CISO) with more than 25 years’ experience, Darren has held positions at international banking and finance businesses, consultancy practices and IT service pro...
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By Black Vanilla on
20 September 2021
As part of Jersey’s fight against financial crime, the Jersey Financial Services Commission has announced it is working with the Government of Jersey to build a better understanding of local non-profit organisations and the potential risk of them being used to finance terrorism.
To do this, t...
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20 September 2021
Investec Bank (Channel Islands) has been part of an international group of lenders for the redevelopment of a 1.2 acre freehold site in Camden, north London, inside the King's Cross Knowledge Quarter.
The £90m debt finance deal for W.RE will enable the developer to create three new buildi...
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By ORCHID on
20 September 2021
The latest quarterly figures for Jersey’s finance sector, collated by the Jersey Financial Services Commission and published by Jersey Finance for the period ending 30 June 2021, show that the value of total funds business booked in Jersey grew by 15% over the first half of 2021.
The figures ...
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By Jersey Finance on
17 September 2021
Jill Britton has been appointed as Interim Director General of the Jersey Financial Services Commission. She replaces Martin Moloney, who is the new Secretary General of IOSCO.
Jill has been Director of Supervision at the JFSC since 2016, responsible for overseeing the regulation of Jersey’s ...
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By Jersey Financial Services Commission on
17 September 2021
The House of Lords Economic Affairs Committee, chaired by Lord Forsyth of Drumlean, has invited written submissions to its new inquiry on the economics of Central Bank Digital Currencies (CDBC).
HM Treasury and the Bank of England are exploring the potential of a possible CBDC for the UK. The...
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By UK Parliament on
17 September 2021
English barrister Claire van Overdijk has joined Carey Olsen Bermuda as Counsel in the firm's dispute resolution and litigation team.
Claire is a specialist in jurisdictional issues in the public law and private client fields.
Her extensive experience of private client practice inc...
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By Carey Olsen on
17 September 2021
JTC has acquired Segue Partners, a US fund services business headquartered in St Louis, Missouri.
Founded in 2010, Segue provides a range of fund solutions to meet the needs of private equity, venture capital, debt funds and family offices. It also offers accounting services for entrepreneurs, port...
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By JTC Group on
16 September 2021
Highvern has appointed Ava Gallagher to the role of Associate Client Director, based in London.
Ava takes responsibility for developing contacts and business in the UK, as well as growing the corporate services arm of the organisation.
She has more than 12 years' experience i...
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By Direct Input on
16 September 2021
IoD Jersey is holding a free interactive webinar that will look at the need for the right mindset in teams to reap the benefits of digital innovation.
Hosted by Ian Webb, Chair of the IoD Technology/Innovation Sub-Committee, a panel of specialists will discuss why it is important to nurture a ...
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By Gwyn Garfield-Bennett on
16 September 2021
Hand Picked Hotels has completed its acquisition of three hotels across the Channel Islands, including the Fermain Valley and Ziggurat hotels in Guernsey and the Braye Beach Hotel in Alderney.
The acquisition takes the group's portfolio to 22 hotels across the UK and Channel Islands. &nbs...
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By Hand Picked Hotels on
16 September 2021
Vistra has entered into a sale and purchase agreement with Newhaven, which provides corporate, fiduciary and business support services to corporates, professional services firms and private clients, subject to regulatory approvals in several jurisdictions.
The transaction will expand Vistra’s...
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By Vistra on
16 September 2021
Editah Nakamya has joined Grant Thornton Channel Islands as a Senior Manager in the Audit practice.
Editah joins Grant Thornton after almost two years as an Audit Manager with KPMG Channel Islands.
Her earlier career included four years with Mazars in Jersey and five years with PwC in Kampal...
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By Grant Thornton on
16 September 2021
JTC Private Office has appointed private client and family office specialist Nic Arnold as its UK Head.
Nic will take responsibility for the strategic development and performance of JTC Private Office’s holistic family office services proposition in the UK.
As well as ensuring the high...
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By Crystal PR on
16 September 2021
Digital Jersey has unveiled the island's first crowdfunding platform – Springboard.je.
Launched with a Dragon’s Den-style pitching event on Tuesday, the Springboard initiative has been developed by Digital Jersey and is supported by Jersey Business, Jersey Chamber of Commerce,...
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By Digital Jersey on
15 September 2021
Jersey-based firm Voisin Law has promoted Chris Le Quesne to Partner, bringing the total number of Partners in the firm to nine.
Chris is part of Voisin’s commercial department and works on a range of company, trust and commercial matters, together with the establishment of and ongoing a...
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By Suzanne le Lay on
15 September 2021
Jersey Finance has announced details of its Annual Private Wealth Conference this month, where speakers will discuss issues driving private client decision-making and challenges facing the international wealth management community.
Delegates will also hear two keynote addresses from President of Wo...
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By Crystal PR on
15 September 2021
The Isle of Man Treasury has listed £400m sustainable bonds on The International Stock Exchange (TISE).
The 1.625% sustainability notes due 2051 have been listed on TISE’s Qualified Investor Bond Market (QIBM) and admitted to its sustainable market segment, TISE Sustainable.
...
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By TISE on
15 September 2021
A cross-practice team from Carey Olsen's Guernsey office has advised Stenprop, a UK multi-let industrial property company, on the £55m sale of Trafalgar Court in Guernsey to ARC Global.
The prime office buildings at Admiral Park in St Peter Port offer 10,564 sq m of Grade ...
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By Carey Olsen on
14 September 2021
The Guernsey Financial Services Commission has issued the following statement:
On Friday 10 September, the States of Deliberation approved the necessary ordinances to bring into effect the revision of the five principal laws dealing with the regulation of financial services business in the bailiwic...
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By Guernsey Financial Services Commission on
14 September 2021
KPMG in the Crown Dependencies has announced two top-level job changes.
Tony Mancini has been appointed to the newly created role of Office Lead for KPMG in Guernsey, responsible for ensuring the firm's focus on the local market remains strong.
Tony, who has been with KPMG since 200...
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By KPMG on
14 September 2021
The Chartered Governance Institute UK & Ireland – Bailiwick of Guernsey branch has confirmed that William Mason (pictured), Director General of the Guernsey Financial Services Commission, will open the Institute’s annual conference with a speech about international regulatory go...
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By Agility PR on
14 September 2021
Jersey Finance has announced the winners of its second annual Rising Stars Awards, held at the Royal Jersey Showground last Friday.
More than 150 people aged between 16 and 30 were nominated for the awards. A shortlist for each of the 12 categories was selected by an independent panel of judges and...
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By Crystal PR on
13 September 2021
Sure has announced it is rolling out a fibre to the premises (FTTP) broadband network direct to every property in Guernsey, offering 1Gb/second coverage for all – up to 50 times faster than today’s basic broadband.
Sure will begin the £37.5m investment to connect p...
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By Orchard PR on
13 September 2021
Jersey's Council of Ministers has agreed that from January 2022 the Department for the Economy will leave the Office of the Chief Executive and become a distinct government department.
As a result, Richard Corrigan (pictured) has been confirmed as the permanent Director General, having be...
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By Government of Jersey on
10 September 2021
Guernsey-based consultancy Collas Crill Compliance has appointed Neil Black to the newly created role of Compliance Consultant.
In his new position, he will provide governance, risk, compliance and anti-money laundering advice to clients, as well as carrying out project-based work.
Neil has ...
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By Collas Crill on
10 September 2021
Channel Islands distribution company Mercury Distribution has acquired Jersey Vending Services (JVS).
The business will join Mercury as a going concern, retaining existing staff and contracts.
The move will allow Mercury to supply Jersey and Guernsey hospitality, retail, corporate and ...
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By Refinery on
10 September 2021
The Government of Jersey has asked the Jersey Financial Services Commission to support the setting up of a resolution authority for banks in Jersey.
The Jersey Resolution Authority is being established to minimise the impact of a bank failure in the island and to ensure public funds are protected.
...
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By Jersey Financial Services Commission on
10 September 2021
Jersey-based Suntera Global has made its second Luxembourg acquisition of the year as it looks to enhance its presence in the jurisdiction and strengthen its European platform.
Following the acquisition in August of Reference Financial Services (Luxembourg), Suntera has signed an agreement to acqui...
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By Crystal PR on
9 September 2021
Seven applications for cannabis cultivation licences have been received following the signing of a memorandum of understanding with the UK Home Office in July, which enables businesses to apply to cultivate cannabis-based products for medicinal use (CBPM).
Any business wishing to cultivate ca...
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By Guernsey Financial Services Commission on
9 September 2021
JTC has continued its growth strategy in the US by launching fiduciary services for the domestic market and recruiting two senior trust professionals on the East Coast.
Tim Carroll (pictured right) has been appointed Head of Trust and Fiduciary – Private Client Services, Americas.
A US...
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By JTC Group on
9 September 2021
Carey Olsen and Cavendish Fiduciary have supported Radix, the layer 1 decentralised finance protocol for digital assets, on the launch of its public network mainnet Olympia.
Radix has also launched Instapass, which allows users to provide fully compliant sign-on information once only and shar...
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By Carey Olsen on
9 September 2021
Specialist property lender Sancus has appointed Matt Davies as Director, Offshore Funding, in the Jersey office to help the firm expand its property lending products and grow its co-funder base.
Matt brings to the role more than 20 years’ experience in the finance sector, having previously wo...
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By Sancus on
8 September 2021
The International Stock Exchange (TISE) has set new records for revenue, profit and earnings per share during the first half of 2021.
The latest interim report from The International Stock Exchange Group (TISEG) shows revenue up 16.3% year-on-year to a record £4.7m, a 45.4% increase in ...
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By TISE on
7 September 2021
Businesslife magazine has secured distribution of its forthcoming Middle East Edition into a number of the region’s landmark business and finance centres – creating a significant opportunity for Channel Islands firms to pitch their products and services to Middle Eastern partners and inv...
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By BL Global on
7 September 2021
Lawyers from Carey Olsen's investment funds team in Jersey have advised European mid-market private equity firm Capvis on the disposal of the remaining portfolio of Capvis Equity III to a new Capvis-managed continuation structure.
The transaction was co-led by Committed Advisors SAS and E...
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By Carey Olsen on
7 September 2021
Birmingham-headquartered investment banking business Heligan Group, which has recently opened an office in St Helier, has reported strong year-to-date deal flow.
The group, established in 2015, provides corporate advisory M&A advice, and is a private equity and venture capital inves...
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By Heligan Group on
7 September 2021
Fairway Group has promoted several members of staff in its Jersey office.
In the trust business, Chris Mourant, who has been with the group since 2017, becomes Associate Director, while Daniel Harrison, who joined in 2016, is promoted to Senior Trust Officer.
On the funds side, Vanessa Ferreira, w...
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By Fairway Group on
7 September 2021
Bedell Cristin has made a series of promotions across its offices in Guernsey, Jersey and London.
In Jersey, Sonia Minns becomes Counsel in the litigation team, while in the property team Jane Needham is also appointed Counsel and Hannah Robinson has stepped up to Senior Associate.
Louise Ri...
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By Crystal PR on
7 September 2021
Brooks Macdonald International has promoted Lindsay Bateman to the role of Head of Business Development, based in Jersey.
Lindsay, who joined the firm in 2014, has previously overseen the business development strategy in Africa, with a focus on southern and eastern Africa.
In his new role, h...
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By Crystal PR on
6 September 2021
The Jersey Hospitality Association has appointed global customer services specialist Claire Boscq as its Chief Executive.
She takes over from Simon Soar, who is stepping down after four years at the JHA to become Head of Hospitality and Tourism at Jersey Business.
Claire started her career in hosp...
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By Direct Input on
3 September 2021
Babbé has appointed Ann Halliday as Counsel in its corporate team and Kim Manley as Senior Associate in the trust and private client team in Guernsey.
Ann started her career in banking and later qualified as an English solicitor and has gained more than 20 years’ experience in co...
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By Orchard PR on
3 September 2021
The Guernsey Financial Services Commission has issued a consultation paper seeking views on proposed Banking Supervision (Annual Compliance Return) Rules and Guidance.
The consultation forms part of the implementation of the Revision of Laws Project, but the GFSC says the proposed rules do not impl...
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By Guernsey Financial Services Commission on
3 September 2021
Cherie Blair, international human rights lawyer and long-time campaigner for women’s equality, is to headline the fourth annual Guernsey Private Wealth Forum, which returns as a physical event in London on 5 October.
This year’s forum, entitled The Power of Capital, will focus on the go...
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By We Are Guernsey on
2 September 2021
HSBC has appointed Kevin Herbert as Head of Private Banking in the Channel Islands and Isle of Man.
In his new role, based in Guernsey, Kevin will focus on growing the private banking business in the islands and support an enhanced wealth management and legacy planning offering for clients.
Workin...
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By Crystal PR on
2 September 2021
Sophie Yabsley has joined the board of Ravenscroft (CI) as a Director.
Sophie joined Ravenscroft from Brewin Dolphin's Guernsey office in 2008 as a Portfolio Manager and is a member of the discretionary investment committee.
In 2018, she was promoted to Head of Client Services and is joi...
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By Ravenscroft on
2 September 2021
IQ-EQ has recruited Alex Dean as its first Head of Private Wealth UK.
Alex brings to the new role more than 23 years’ experience in wealth management, banking and business development in both the UK and international markets.
He has senior-level experience working with high-net-w...
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By IQ-EQ on
2 September 2021
Marbral Advisory and We Talk Wellbeing have released the first Channel Islands’ Wellbeing Report, which raises key concerns about staff wellbeing in professional services firms across Jersey and Guernsey.
The report was underpinned by a survey completed by 691 individuals and focus...
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By Marbral Advisory on
1 September 2021
Ogier has appointed Katharine Marshall to the role of Partner in its Jersey-based Property and Local Legal Services team.
Katharine handles a broad range of commercial and residential property matters, with a focus on institutional lenders involved in Jersey property structures.
In add...
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By Crystal PR on
1 September 2021
PraxisIFM Group has appointed Iain Torrens as Chairman and a Non-Executive Director.
Iain will be based in the UK, where he will retain his role as Chief Executive Officer of investment firm Faro Capital.
A Fellow of The Institute of Chartered Accountants in Ireland, Iain has held a nu...
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By Orchard PR on
1 September 2021
Carey Olsen's corporate practice has advised Peel Hunt, a leading UK mid and small-cap focused investment bank, on its initial public offering (IPO) on the London Stock Exchange (LSE).
Listed on the AIM market of the LSE, the IPO has raised gross proceeds of £112 million, which values the...
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By Carey Olsen on
1 September 2021
IQ-EQ has announced that regulatory hosting and outsourced compliance business Lawson Conner has rebranded as IQ-EQ.
IQ-EQ completed the acquisition of Lawson Conner in 2018, adding appointed representative and AIFM solutions to its range of compliance, administration, asset and advisory serv...
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By Aspectus Group on
1 September 2021