Barclays Wealth has received two major accolades at the annual Euromoney Private Banking Awards 2012, being crowned joint winner of the Guernsey Relationship Management Award and also sharing top billing in the Guernsey High-Net-Worth Specific Services Award.
Ken Bradley, director, Barclays Wealth,...
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22 February 2012
Nominees Announced for ICSA Jersey Awards 2012
The Jersey Branch of the Institute of Chartered Secretaries and Administrators (ICSA) has announced the short-listed nominees for the ICSA Jersey Awards 2012 as follows:
• Hannah Lempriere – Capita Fiduciary Group Limited
• Kris Carre – Basel Trust Co...
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22 February 2012
Brussels, 22nd February 2012 - The European Fund and Asset Management Association (EFAMA)
has today published its latest Quarterly Statistical Release for the fourth quarter of 2011. These final
quarter statistics describe the trends in the European investment fund industry for the fourth quarter ...
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22 February 2012
Gentoo Fund Services Limited, an independent private equity fund administrator
has been appointed by HitecVision, a leading investor in the international oil and gas
industry, to administer its new fund with commitments of $1.5bn.
Gentoo, which specialises in the administration of private equity ...
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21 February 2012
Legis Group has appointed Gary Mauger (pictured) as Director of its fund services business.
With over 16 years of experience in the financial services industry, Mr Mauger has spent over a decade focused on providing administration services to private equity and closed-ended fund structures.
Invol...
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21 February 2012
Kleinwort Benson has been appointed administrator for a landmark €200 million fund that aims to invest in clean energy technology projects in a bid to boost Russia’s economy.
Kleinwort Benson (Channel Islands) Corporate Services Limited has helped Germany-based Wermuth Asset Management (“WAM”) to s...
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21 February 2012
Skipton International has announced a 50% increase in profit before taxation to £6.188 million after the Bank had reported business as "very good" during 2011 across its main trading areas of mortgages, personal savings and business deposits. Growth in its mortgage business across both Jersey and Gu...
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21 February 2012
Channel Islanders are being reassured that their UK and inter-island air links will be safe for as long as Aurigny is owned by the States of Guernsey.
The board of the Aurigny Group has identified four lifeline routes that it has made a commitment to fly for the benefit of islanders. They are: Guer...
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20 February 2012
The Lawyer has named Collas Crill ‘the fastest growing offshore law firm’ in its latest offshore survey, published today.
Collas Crill is placed at number 11 in the list of the 30 largest offshore law firms.
The Lawyer says: “Offshore law firms had a strong - and in some cases exceptional - 2011.
...
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20 February 2012
Channel Islands company, Quintessential Relocation Consultants Ltd (QRC), has been appointed as the exclusive Channel Islands partner of the prestigious UK group County Homesearch International PLC.
Through the link with County Homesearch International, QRC managing director Jo Stoddart (pictured) w...
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20 February 2012
Chameleon Group, publisher of businesslife.co magazine, is delighted to announce that it has signed an agreement with leading global content provider, LexisNexis. The agreement will see the content from businesslife.co's website made available to LexisNexis’s customer base - professionals in the leg...
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20 February 2012
Appleby, the world’s largest provider of offshore legal, fiduciary and administration services, is set to expand into mainland China with the opening of a new representative office in Shanghai.
The new office, due to open on 2nd April 2012, will deliver fully integrated fiduciary and administration...
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20 February 2012
Allan Stewart has been appointed Senior Relationship Manager in Jersey and will be responsible for providing investment services to a growing private client portfolio.Jean-Luc Le Tocq, Head of Relationship Management for Credit Suisse in the Channel Islands said, “We welcome Allan to Credit Suisse a...
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20 February 2012
Businesses in St Helier can, for the first time, enjoy a real choice between telecoms networks now that Cable & Wireless Jersey’s fibre-optic network has been completed.The fibre-optic ring, which runs for over three kilometres around central St Helier, gives businesses access to the Cable & Wireles...
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By Kirsten Morel on
17 February 2012
Ahead of the game, JTC Group has played an instrumental role in setting up the very first Private Placement Fund (PPF) out of Jersey.
Introduced only late last month, the Private Placement Fund (PPF) is a competitive new product from Jersey that has been designed to make it quicker and easier to es...
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17 February 2012
This weekend will see the relocation of Dandara’s Castle Quay Marketing Suite to the Oakhill Grange development in Aberdeen.
The marketing suite, the only one of its kind on the Island, was purchased solely to showcase the waterfront development and now, with the imminent completion of Millais House...
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17 February 2012
Over 200 jobs available to locally qualified job-seekers have been identified in the hospitality industry for the coming season.The States of Jersey Back to Work team have been working closely over the last month with a number of hospitality employers to provide as many of their seasonal jobs as pos...
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17 February 2012
PwC Channel Islands has announced a trio of managerial promotions in Jersey as part of its strategy to manage growth in its business advisory services and expand its tax capabilities for private and corporate clients in 2012.
Within the Jersey tax team, Louise Macleod (pictured top)has attained pro...
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17 February 2012
In its latest series of investment briefings, Ashburton will be discussing the challenges and opportunities that lie ahead for investors in their hunt for income in the current economic environment.
Following the latest austerity measures being applied in the Eurozone, and the ongoing sovereign deb...
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17 February 2012
Vistra has announced it is to sponsor the 13th Annual International Conference on Private Investment Funds which will be held at London’s InterContinental hotel on Park Lane from 11 to 13 March.
With the launch of Vistra Fund Services Asia Limited, a new Hong Kong based operation which complements V...
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16 February 2012
Law firm Bedell Cristin has acted on the establishment of the first Private Placement Fund in Jersey following the introduction of the streamlined regulatory regime at the end of last month.
The fund, which invests in European real estate, primarily smaller structured co-investments in real estate ...
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16 February 2012
Channel Islands law firm Carey Olsen has been recognised as a leading firm for private client work in the latest rankings published by PLC Which Lawyer.
The law firm is the only Channel Islands law firm to rank as a leading firm in both Guernsey and Jersey.
The rankings examine private client co...
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16 February 2012
C5 Alliance has continued its impressive growth in Guernsey with the appointment of Marc Beavan (pictured) as a senior consultant in the business solutions team.
Marc will add to the team’s expertise in bespoke software development providing internal solutions to streamline business processes and de...
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16 February 2012
An industry professional with more than 30 years experience has been appointed Head of Private Banking at BNP Paribas in Jersey.
Kaye Fontaine (pictured), who heads a team of nine, took up the post at the bank towards the end of last year; having moved from SG Hambros. she has worked with intermedi...
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16 February 2012
The partners of Voisin law firm are delighted to announce that Jeffrey Giovannoni (pictured) has qualified as an Advocate. Mr Giovannoni was sworn in at the Royal Court of Jersey on 16th February 2012.
Advocate Giovannoni was born in Birmingham, raised in Switzerland and schooled in Scotland. After...
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16 February 2012
The Financial Action Task Force, the global standard-setter in the fight against money laundering and terrorist financing, has revised the Recommendations after more than two years of efforts by member countries. The Recommendations are used by more than 180 governments to combat these crimes. The r...
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16 February 2012
Advocate Marcel Cariou (pictured) has qualified as a Guernsey Notary Public.
Advocate Cariou, who is a senior associate at Mourant Ozannes, was called to the Bar of England and Wales (currently not practising) in 1987 and throughout the 1990’s worked in Japan and Canada in software and translation ...
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15 February 2012
One of the Channel Islands leading providers of compliance and regulatory support to financial services businesses has announced two senior appointments at its Jersey office.
Mark Hill (pictured top) has been promoted to Managing Director of Active Services (Jersey) Limited. Mr Hill has an extensiv...
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15 February 2012
Vistra Fund Services is pleased to announce the launch of Vistra Fund Services Asia Limited, to complement the group’s fund administration operations in Jersey and Luxembourg. The new operation, which is based in Hong Kong, will provide fund administration and associated services to fund managers th...
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15 February 2012
Former UK Chancellor of the Exchequer, Norman Lamont (pictured), will share his experiences of European currency crises when he is one of the keynote speakers at this year’s Guernsey Funds Forum in London.
The event will be held at the Grange St Paul’s Hotel in London on Wednesday 2 May and will cu...
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15 February 2012
Foundations and the fraudulent misuse of trusts will be the subjects of the next two STEP lectures, sponsored by Collins Stewart Wealth Management.
On Thursday 23 February Jim Sharkey, partner at Hill Hofstetter, will present a lecture entitled ‘The fraudulent misuse of trusts.’ He will give practic...
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14 February 2012
Carey Olsen has been named as the best law firm in Guernsey for investment funds work.
The recognition comes from Corporate INTL magazine which has announced the firm as ‘2012 investment funds law firm of the year in Guernsey’ in their 2012 Legal Awards.
Corporate INTL’s assessment process inclu...
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14 February 2012
Credit Suisse has been named Best Private Bank in Guernsey for the fourth consecutive year and Best Trust Services for the second consecutive year by Euromoney magazine. Credit Suisse was also named Best Private Bank Globally and received numerous other regional and country awards.
Credit Suisse in ...
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14 February 2012
The Directors of Prosperity 24.7 are proud to announce the latest addition to our team, Julian Slater, fulfilling the role of Senior Business Consultant.Julian brings unparalleled knowledge gained from working with international organisations to CI industry, having designed and built algorithmic sys...
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By Chris Clark, Prosperity 24.7 on
13 February 2012
KPMG in the Channel Islands believes the mergers and acquisition market is as buoyant as ever despite the turbulent economic climate.
In 2011 KPMG in the Channel Islands, one of the ‘big four’ leading advisory and accountancy services groups, assisted with 15 sizeable transactions in the fiduciary a...
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13 February 2012
The first Jersey residents are now benefitting from fibre-optic broadband with the launch of trials of JT's new network.
So far twenty four homes have been connected to the trial, with more being added every day; the trial is focussed on the La Rocque, Fauvic and La Moye areas of the Island, and i...
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13 February 2012
Rupert Pleasant (pictured) has joined PraxisFiduciaries (Switzerland) SA as executive director with responsibilities for marketing and business development.
Mr Pleasant’s role will focus on developing the Swiss market for the group as well as activity in several other jurisdictions.
Mr Pleasant bri...
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13 February 2012
Leading offshore law firm, Mourant Ozannes, has promoted seven lawyers to the position of Senior Associate: Adam Bathgate, Carly Parrott, Henry Brandts-Giesen, Michelle Tierney, Robbie Grant, Sarah Huelin, and Tim Crook.
Adam Bathgate specialises in banking and finance, and investment funds with a ...
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10 February 2012
Directors and managers at organisations considering getting involved in the IoD’s Work Shadowing programme in Jersey will have a chance to speak to previous participants and other senior business people when the 2012 scheme is formally launched later this month.
A breakfast launch is taking place at...
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10 February 2012
Dr John Abela, Senior Lecturer at the University of Malta and co-founder and Chief Technology Officer of Maltese IT firm, Ascent Software, will speak at the next Digital Jersey event, taking place on 1st March at the Grand Hotel.At the free event, which has been supported by Locate Jersey, Dr Abela ...
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By Kirsten Morel on
9 February 2012
Carey Olsen has advised Delphi Automotive PLC (Delphi) on its initial public offering (IPO) on the New York Stock Exchange (NYSE). Delphi is the first Jersey company to have its shares directly listed on the NYSE. Shares in Delphi began trading on the NYSE on 17 November 2011 and the IPO, which was...
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9 February 2012
Mourant Ozannes in the Channel Islands has been named in an independent study as a leading offshore law firm in respect of investment funds law and practice.
The PLC Which Lawyer? Investment Funds multi-jurisdictional guide is a comprehensive analysis of the investment funds market and guide to the ...
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9 February 2012
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) today issued comprehensive proposed regulations implementing the information reporting and withholding tax provisions commonly known as the Foreign Account Tax Compliance Act (FATCA). Enacted by Congress in 2010, these provis...
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8 February 2012
Channel Islands law firm Collas Crill has appointed a new senior lawyer, Edward Stone, within its Fiduciary team.
Mr Stone has significant international offshore experience with two of the world’s top multi-jurisdictional private client law firms – Withers and Conyers Dill & Pearman.
His pract...
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8 February 2012
Ogier Jersey has acted for Segro and Moorfield Real Estate Fund II (Moorfield) in connection with their acquisition of the UK Logistics Fund for £314.7 million from Hermes Real Estate Investment Management Limited, Legal & General and LaSalle Investment Management.
The UK Logistics Fund portfo...
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8 February 2012
Carey Olsen’s strategic approach to human resources (HR) has been praised at the UK national HR Distinction Awards 2012, which were held in Birmingham on 24 January, when the Channel Islands law firm was awarded the prize for Distinction in Added Value.
The award recognised that Carey Olsen has ach...
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8 February 2012
The scope of the universal service in the postal sector in Jersey is appropriate despite
declining mail volumes, according to a comprehensive study into the postal market by the
Channel Islands Competition and Regulatory Authorities (CICRA).
The wide-ranging report, prepared following a request f...
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8 February 2012
Jersey Fiduciary services firm, Herald Group has extended the range of services on offer to its clients by launching Valuation Consulting Co Limited ("VCC"), a firm specialising in the valuation of intangible assets.Trading from London premises in Westminster, VCC is headed up by professional valuer...
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By Kirsten Morel, K F Morel on
8 February 2012
Heritage International Fund Managers Limited (“HIFM”) continues to demonstrate its commitment to the local marketplace by making a host of new appointments. These appointments are instrumental in developing the next tier of management, as well the new generation of fund administrators. Since the la...
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7 February 2012
The Channel Islands Competition and Regulatory Authorities (CICRA) are inviting Jersey students looking to study economics, business studies or law to apply for a bursary with the regulator.
CICRA, which includes the Jersey Competition Regulatory Authority and the Office of Utility Regulation in Gue...
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7 February 2012
The Jersey Financial Services Commission (the “Commission”) issues this Press Release in relation to the following named individuals:
1. Mr Georg Josef Kucian;
2. Mr Karel Philip Römer; and
3. Mr Heinrich Walter Schwägler.
The three individuals were at all material times directors of the Jersey-...
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7 February 2012
The Jersey branch of the Institute of Directors (IoD) has launched its third annual search to find the top business leaders in Jersey’s private, public and voluntary sectors.
The 2012 Director of the Year Awards, sponsored by JT and Appleby, will culminate in nominees and winners being celebrated a...
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7 February 2012
Local trust company, Hawksford has been shortlisted for two national awards; Best Overall Visual Identity and Best Rebrand in the Financial Services Sector, in the prestigious Transform Awards. Early in 2011, Hawksford, previously Hawksford International, commissioned a significant piece of client r...
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By Lisa Gutcher, Liquid on
6 February 2012
Assistant Chief Minister, Senator Sir Philip Bailhache, will make his first official visit to Brussels on 8-9 February 2012. During his two-day visit, Senator Bailhache will meet senior European Union officials and politicians to discuss a wide range of issues relating to Jersey’s engagement with th...
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6 February 2012
For the fourth year running, Fairbairn Private Bank has been granted the maximum ‘Three Star Status’ in the Best Companies business accreditation system. Out of 1,082 organisations that entered the accreditation, Fairbairn Private Bank became one of only 113 organisations across the entire UK to rec...
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6 February 2012
From sherry to the South of France, Grand Jersey is set to host its most comprehensive series of wine dinners to date. Diners will be treated to a diverse range of wines presented over the course of 11 events, with nights focusing specifically on regions or types of wines. The first dinner, which wi...
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By Lisa Gutcher, Liquid on
6 February 2012
One of the UK’s most high-profile business figures, Jon Moulton, has been appointed to take over from Paul Fairclough as chairman of the Aurigny Group.
Mr Moulton is a Chartered Accountant, a Corporate Financier and a Fellow of the Institute for Turnaround Professionals. Former managing partner of...
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3 February 2012
Guernsey’s Skills Strategy has received a major boost with the key appointment of a well-qualified expert to lead the group that will implement the strategy. Dr. Elaine Monkhouse (pictured), an independent coach and consultant, and someone well known and respected within the business community, met ...
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3 February 2012
Leading offshore law firm, Mourant Ozannes, has opened an office in Hong Kong to provide clients and intermediaries with access to the firm's offshore legal services in an Asian time zone.
The office opening has been timed to coincide with celebrations for Chinese New Year, giving Mourant Ozannes'...
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3 February 2012
Battersea Power Station was at the centre of a rare application to Jersey’s Royal Court in December 2011.
The Jersey court has agreed to request that four Jersey companies, which were the key borrowing entities involved in the planned redevelopment of the Battersea Power Station site, be put into a...
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2 February 2012
Alter Domus, a leading independent provider of professional
administration services for multinational corporations and alternative investment funds, is pleased to
announce the appointment of two new Directors, Ms. Davinia Smith (pictured, top) and Mr. Spencer Wells (pictured, bottom), to its Jerse...
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2 February 2012
Jersey based Stanley Gibbons Group plc, the AIM listed Company which trades in stamps, historical documents, rare signatures and other collectibles for investors and collectors announces a change of status for director John Byfield to a newly created role as the Group’s Corporate Development Directo...
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2 February 2012
Jersey-based C. I. Travel Group today announces the launch of a new air route from Cambridge
Airport to Jersey, linking the famous university city with the island for the first time since 2006.
The service will operate every Saturday between May 12th & September 15th 2012 from
Cambridge Airpo...
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2 February 2012
The publication of a comprehensive review of Jersey Enterprise’s inward investment activities, by renowned inward investment specialist Adam Breeze, has concluded that the inward investment team is out-performing in the areas of enquiry handling and investor attraction compared with other jurisdicti...
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1 February 2012
The Terrorist Asset-Freezing (Bailiwick of Guernsey) Law 2011 (“the Law”) came into force
on 25 January 2012. All financial institutions and other bodies are requested to check their
records to ensure they comply with the Law.
Following the terrorist attacks of 11 September 2001, the UN Security...
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1 February 2012
The States of Guernsey has adopted further restrictive measures against certain persons,
entities and bodies in view of the situation in Syria. All financial institutions and other
bodies are requested to check their records to ensure they comply.
In view of the violent repression against civil...
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1 February 2012
Fairbairn Private Bank has created two new senior management roles to oversee its client-focused staff. Jon Evans will become head of business development and Cameron Walker (pictured) will head up the relationship management teams. These significant appointments reflect the company’s continued grow...
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1 February 2012
The award-winning presenter and comedy writer Clive Anderson will host the 2011 Jersey Enterprise Awards on the 2nd March.
Clive Anderson began his career as a barrister and took his first steps into comedy as a scriptwriter for shows like Not The Nine O’Clock News and Alias Smith & Jones and w...
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1 February 2012
The Commission has today published a Consultation Paper setting out the proposed fees for Collective Investment Funds and Fund Services Businesses.
The base line application and annual fees for Collective Investment Funds have not increased since 2002. The proposed increases are significant but wher...
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1 February 2012
Guernsey’s first firm of Advocates specialising exclusively in family law opens its doors on 1st February. Founded by local lawyer, Adrian Brown (pictured), Browns Advocates will advise on all aspects of matrimonial law, including divorce, separation, children and finances.
Browns Advocates’ approa...
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1 February 2012