Category: Finance & Business

Isle of Man finance and business news

Carey Olsen advises on launch of new Jersey-based expert fund

Channel Islands law firm Carey Olsen has advised Investment Services UK Limited (ISUL), the London-based fixed income specialist focused on emerging markets, on the establishment of Amrah Global Opportunities Fund Limited. The aim of the Jersey-based open ended fund is to provide enhanced returns through access to a portfolio of fixed income securities principally in [...]

CISX International Business Summit raises significant sum for local charities

It is just over a week before a host of eminent figures from the global financial services industry convene on Jersey, and local charities are set to benefit from the local sponsorship angle of the event. The Channel Islands Stock Exchange’s International Business Summit is being held for the first time in Jersey on September [...]

Bedell Group appoints two new partners

Bedell Group has appointed Tim Pearce and Pauline Gale as partners with immediate effect. The appointments recognise their valuable contribution to the Group’s continuing success. Tim joined the Group in 2003 from a leading City law firm, bringing considerable onshore and offshore corporate and commercial experience. He has demonstrated his strength as a transactional lawyer [...]

Bankers revamp lodge at local heritage site

A run-down 1920s lodge building at La Hougue Bie has been given a new lease of life after a team of employees from RBS International painted the building recently. The Planning and Delivery team undertook the project on behalf of Jersey Heritage. Peter Roberts, the site guardien, commented: “The team’s enthusiasm for the work meant [...]

Jersey foundations gaining momentum as a wealth management vehicle

Just over a year since they were launched, Jersey Foundation structures are continuing to receive a steady flow of interest, according to an offshore legal expert. Having been introduced into Jersey law in July 2009, 57 Jersey Foundations have now been established, 37 of which have been set up in 2010. Giles Corbin, Partner at [...]

Lawyer selected as exclusive Jersey member of global anti-fraud network

A specialist financial crime lawyer has been selected as the exclusive Jersey member of a global network that seeks to assist the victims of fraud around the world. Stephen Baker, Partner at BakerPlatt, was accepted as the sole Jersey-based lawyer for ‘FraudNet’ after completing a rigorous selection procedure. Operated by the ‘Commercial Crime Services’ arm [...]

Carey Olsen advises on new infrastructure debt fund’s listing on the LSE

Channel Islands law firm Carey Olsen has advised a new Jersey fund, GCP Infrastructure Investments Limited, on its listing on the Main Market of the London Stock Exchange. The fund has been created by Gravis Capital Partners LLP (GCP), a specialist investment advisory firm currently managing assets with a principal value in excess of £400 [...]

Jersey Trust Company enhances Marine & Aviation service offering

In response to growing demand from its clients, Jersey Trust Company (JTC), one of the Channel Islands leading independent financial services firms, has formalised its specialist marine and aviation services offering. The enhanced team, which will be marketed as ‘JTC Marine & Aviation’, will be led by new recruit Matthew Ruane, a highly respected industry [...]

APPLEBY SECONDMENT TO JERSEY FINANCE

Leading offshore legal services provider Appleby is pleased to announce that Associate Francis Katamba will be working with Jersey Finance Limited on a secondment for a period of six months commencing on Monday 6 September 2010. Francis will be with Jersey Finance on a full time basis for this period as Technical Manager, working closely [...]

Finance Industry Employees Support Cuts to Public Spending Ahead of Personal Tax Increases

Those working within Jersey’s finance industry would support greater cuts to public spending before increases to personal taxes are considered, according to a Jersey Finance survey. Further to the recent States of Jersey consultation papers on Personal Tax and Government Spending Cuts, Jersey Finance surveyed employees working in the finance industry to gain their views [...]

About the Author

James Qualtrough (Jamesq) is the Founder and Editor of Isle News and is based on the Isle of Man. Isle News is a news site for the UK offshore jurisdictions of the Isle of Man, Jersey and Guernsey.

Jamesq has posted 755 news articles in Jersey News