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Business News

New i2 Office business centre opens at Royal Chambers

i2 Office has established its presence in Guernsey with a new business centre in the prestigious St Peter Port area. The Grade A facility, in the prime Royal Chambers location, opens in early November 2014. The business centre occupies 20,000 sq ft of new grade A space at the Royal Chambers building offering five star […]

New International Standards For Regulating Trust Company Business

The Group of International Finance Centre Supervisors (“GIFCS”) has today launched a new benchmark for the regulation of Trust and Corporate Service Providers (“TCSPs”). Guernsey has been a champion of this new approach which has seen the GIFCS working group which developed the new standard being chaired by the Commission’s General Counsel, Philip Nicol-Gent. Mr […]

2014 Commission announces 2015 Fees Tariff

The Commission has confirmed that it will increase fees in 2015 for all sectors by an average of 1.33%. It will also continue with the implementation of the second year of a two-year approach to address certain anomalies in its fee structure which is aimed at providing some rebalancing where the cost of supervision of certain firms in […]

Guernsey signs cooperation agreement with Beijing

Guernsey signs cooperation agreement with Beijing

The Guernsey Government has signed a Statement of Cooperation with the Beijing Municipal Bureau of Financial Work. The agreement to cooperate in the promotion of common prosperity and development across both jurisdictions was signed in Beijing today by Kevin Stewart, Guernsey’s Commerce and Employment Minister and SHEN Hong, Vice Counsel of the Beijing Municipal Bureau […]

Appointments

Deloitte welcomes eight to their class of 2014

Deloitte welcomes eight to their class of 2014

Deloitte in Guernsey has welcomed a group of eight young people into the business and the bright and talented new joiners have embarked on their accountancy training programme. The young people are a mix of university graduates and A-level students and all had to complete a rigorous selection procedure. Deloitte in Guernsey received almost 70 […]

New director at Babbé McCathie

New director at Babbé McCathie

Engineering consultancy Babbé McCathie has appointed senior engineering technician Gary Bougourd as technical director of the company. In a career spanning over 40 years, Gary has been involved in delivering engineering solutions to projects as varied as the Guernsey Post headquarters in La Vrangue, Checkers Superstore, St Pierre Park Hotel, the iconic Le Rondin School […]

Experienced relationship manager joins Trust Corporation International

Experienced relationship manager joins Trust Corporation International

Trust Corporation International has appointed a new manager in its client administration department. Rachel Rushton has joined the company, bringing more than 20 years of experience in the fiduciary industry. Ms Rushton will be directly responsible for overseeing key client relationships in her new role, as well as managing a team of administrators. Amit Taylor, […]

Channel Islands Co-operative Society Chief Human Resources Officer appointed CIPD Chartered Fellowship

The Channel Islands Co-operative Society’s Chief HR Officer, Donna Abel, has been awarded Chartered Fellowship (FCIPD) of the Chartered Institute of Personnel Development (CIPD).  Fellowship is the highest level of CIPD professional membership and there are only a select 13,000 CIPD members with this appointment worldwide. Donna has 12 years’ experience in HR and is […]

Events

Disability in the workplace a key issue on Guernsey employers’ agenda

With nearly 30% of Guernsey’s population suffering a long-term condition that creates a daily difficulty, and a new disability discrimination law to be implemented in early 2016, disability in the workplace is a key issue for the Island’s employers. Collas Crill’s employment law team outlined a number of areas for which Guernsey employers will have […]

Greater clarity for employers on Housing Control issues thanks to Collas Crill seminar

Representatives from all spheres of Guernsey business have been saying Collas Crill’s two-part Housing Control seminar has provided greater clarity on a number of issues they wanted to understand. “Housing is such a tricky subject,” commented one delegate. “This was a very informative, useful and interesting seminar series.” After an initial presentation two weeks ago by […]

+ delegates attend Guernsey private wealth event in Shanghai

+ delegates attend Guernsey private wealth event in Shanghai

More than 140 high net worth individuals (HNWIs) and advisers attended a Guernsey private wealth management event in Shanghai yesterday. Guernsey Finance – the promotional agency for the Island’s finance industry – hosted the event in conjunction with the Shanghai Municipal Financial Services Office. Welcome speeches were given by Kevin Stewart, Guernsey’s Commerce and Employment […]

Collas Crill launches Autumn Seminar Series in Jersey and Guernsey

Collas Crill has launched a programme of three presentations in November covering a broad range of topics, with something for most professionals in the Channel Islands – particularly those interested in family offices, commercial property and offshore trust practice – in its autumn Seminar Series 2014 in Jersey and Guernsey. SEMINAR 1: MADE IN CI […]

Editor's Choice

Collas Crill Trust are Trust Company of the Year finalists in STEP Private Client Awards 2014

Collas Crill Trust has been named as a finalist in the STEP Private Client Awards 2014. The Guernsey based team has been shortlisted in the Trust Company of the Year category. Business Development Manager Heath Martorella said: “We are delighted to be named as a finalist by the leading professional institute for trustees. This is […]

Guernsey Electricity supports unveiling of Victor Hugo statue

Guernsey Electricity supports unveiling of Victor Hugo statue

On Sunday 6 July Guernsey Electricity is supporting the celebration of the centenary of the Victor Hugo statue. The statue has undergone extensive renovation this year, including restoring gilt lettering as originally applied. There will be a delegation of guests from France including descendants of Victor Hugo’s family and the Conseil Générale of La Manche. […]

Island-wide survey aims to identify skills gaps and shortages

Island-wide survey aims to identify skills gaps and shortages

AN ISLAND-WIDE telephone survey aimed at identifying the mismatch between the skills that employees have and those that are needed, now and in the future, starts next week. Skills Guernsey, a public private partnership tasked with developing and implementing a skills strategy for the island, is carrying out the analysis to understand in detail the […]

Alan Turing honoured by C5 Alliance

Alan Turing honoured by C5 Alliance

C5 Alliance, Guernsey, hosted a ceremony on 25 June to officially rename its headquarters. The former Itex House is now known as Turing House. The new name was chosen in honour and recognition of Alan Turing – the individual cited as the father of modern computer science – whose code breaking skills helped crack the […]

Community News

The Guernsey Football Association secures new sponsorship for Academy

The Guernsey Football Association secures new sponsorship for Academy

LouvreFund has committed to a three-year sponsorship deal to support the Guernsey FA’s Development Academy for the island’s under-12 to under-16 year-old footballers.   The High Performance Player Pathway scheme develops Guernsey’s promising players aged between 7 and 21 and the programme for 11–16 year-olds will be known as the Louvre Development Academy.   The […]

GUERNSEY ISLAND GAMES TRI TEAM BENEFIT FROM SPECIALIST SWIM COACH

GUERNSEY ISLAND GAMES TRI TEAM BENEFIT FROM SPECIALIST SWIM COACH

The Guernsey Island Games Triathlon team responded enthusiastically to the specialist swim coach who visited the island last weekend. The visit by Steve Bailey, a Swim Smooth Coach, was made possible thanks to a bursary from Generali Worldwide, the Guernsey Island Games Association sponsor. The coaching day started with the swimmers’ techniques captured on film […]

Youth Commission receives donation from Barclays

Youth Commission receives donation from Barclays

The Youth Commission for Guernsey and Alderney has received a donation of £17,000 from Barclays to support the charity’s outreach programme. The Youth Commission’s primary objective is to develop a comprehensive service for children and young people in the Bailiwick providing them with opportunities to overcome barriers, develop skills and build their confidence. The money […]

Channel Islands Air Search on the crest of a wave with Condor Ferries donation

Channel Islands Air Search on the crest of a wave with Condor Ferries donation

Just over £1,000 has been donated from Condor Ferries to Channel Islands Air Search (CIAS) towards the cost of the charity’s new aircraft, thanks to the ferry company’s fundraising efforts.   Open Days in both Jersey and Guernsey to mark Condor’s 50th year of service to the Channel Islands, as well as donations from the […]

Charity News

Guernsey Golf Development Squad to host charity golf day in aid of Male Uprising Guernsey

Guernsey Golf Development Squad to host charity golf day in aid of Male Uprising Guernsey

GUERNSEY’S top young golfers are getting behind Male Uprising Guernsey with a special fundraising activity. A sponsored golf marathon will see members of the 22-man Guernsey Golf Development Squad, sponsored by ABN AMRO, play as many holes as possible in one day. The players, who will be wearing MUG branded kit provided by the male […]

Garenne Group get on their bikes to raise £15,000

Garenne Group get on their bikes to raise £15,000

A TEAM from Garenne Group which took part in the London to Brighton bike ride has beaten its fundraising target of £10,000. The 20-strong team took part in the 54-mile long bike ride which is said to be Europe’s biggest fundraising cycle ride and attracted 28,000 riders. The Garenne team aimed to raise £5,000 for […]

Sign up for this year’s ultimate summer action!

This Summer, Tri-Ultimate Guernsey is back! – Only bigger and better. On Sunday 7th September islanders will be digging out their swimming goggles, pumping up their tyres and dusting off their trainers for an action packed day of summer fun in order to raise funds for local charity Hope for a Child. Competitors will be […]

Golfers invited to ‘Drive to St. Andrews’ for Home Start

Golfers invited to ‘Drive to St. Andrews’ for Home Start

Local architectural design practice PF+A, in association with Home Start Guernsey, is calling all golfers to take part in a charity “Drive to St Andrews” challenge. The charity golf drive will be held on Sunday 24August and is challenging teams of golfers to hit a combined distance of 1,000km (621 miles) – the equivalent distance […]

Other News

Mourant Ozannes advises on Pershing Square Holdings, Ltd. US$3.07 billion IPO and US$6.2 billion market capitalisation

| October 15, 2014 | 0 Comments

Leading offshore law firm Mourant Ozannes has advised Pershing Square Holdings, Ltd. (PSH) on all Guernsey-related aspects of its conversion from an open-ended to a closed-ended registered fund,an upsized placing to raise gross proceeds of US$2.73 billion (excluding an over-allotment option of up to US$272 million or 10 per cent. of the placing shares) and […]

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Carey Olsen advises Compropon the sale and development of the former GT Carssite on Bas CourtilsRoad

Carey Olsen advises Compropon the sale and development of the former GT Carssite on Bas CourtilsRoad

| October 15, 2014 | 0 Comments

Carey Olsen advised Comprop on the sale of the former GT Cars site to the Channel Islands Co-Operative Society Limited.  Following the sale,Comprop has agreed to develop the site for its new owners. With completion of the development anticipated during the latter part of 2015, it will provide a 1,883 square foot ‘En Route’ store, […]

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Innovators sought to help develop fiduciary sector

| October 15, 2014 | 0 Comments

A new initiative is being launched in Guernsey with the intention of gaining a competitive advantage for the island’s fiduciary industry. The Fiduciary Think Tank (FTT) has been developed by the Guernsey Association of Trustees (GAT) and is seeking volunteers. The FTT has been created to identify new products, services and legislative changes that will, […]

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Excellent rankings for Mourant Ozannes in IFLR1000 2015 directory

| October 15, 2014 | 0 Comments

Offshore law firm Mourant Ozannes has retained its position in the prestigious top tier of Channel Islands’ law firms and risen up the rankings in the Caribbean according to the latest issue of the IFLR1000 published this week. The IFLR1000 is the definitive guide to the world’s leading financial law firms and provides tiered rankings […]

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