Author Archive: James Qualtrough

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.

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ICSA Guernsey Conference 2015

| April 16, 2015 | 0 Comments

ICSA, the chartered membership and qualifying body for professionals working in governance, risk and compliance (GRC), is holding a half-day conference on 29 April about the issues faced by businesses as they struggle to keep up to date with the ever increasing demands of professional standards, global compliance and company regulation. Tom Lancaster-King, Chair of […]

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MIPIM eventpositive for Guernsey

| April 16, 2015 | 0 Comments

This year’s MIPIM event showed an overall positive sentiment towards the real estate investments market and the quality of Guernsey’s offering as an international finance centre, according to Peter Miller, executive director at EY in the Channel Islands. Mr Miller attended the event – the world’s largest global property expo, held in Cannes – as […]

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2015 30 Rides in 30 Days  For Les Bourgs Hospice

2015 30 Rides in 30 Days For Les Bourgs Hospice

| April 16, 2015 | 0 Comments

The eighth annual Ian Brown’s Cycle Shop 30in30 Challenges will be taking place again this year starting on Saturday 25th April. Participants will be cycling for 30 consecutive days raising money for Les Bourgs Hospice. Day one begins with a group breakfast at St Emilion Café at 8.00am. The previous seven challenges have so far […]

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Guernsey removed from Italian tax blacklist

| April 16, 2015 | 0 Comments

The Italian Ministry of Finance has removed Guernsey from its revised tax blacklist. Amendments within the 2015 Finance Act mean that the anti-tax haven deduction blacklist has been revised to exclude all countries that have an adequate exchange of information with Italy. Sinéad Leddy, Head of Technical at Guernsey Finance – the promotional agency for […]

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Board promotion at Saffery Champness

Board promotion at Saffery Champness

| April 15, 2015 | 0 Comments

LOCAL fiduciary, funds, audit and tax firm Saffery Champness has promoted Ian Powell to its senior board. In addition to his role as managing director of fund services, he has been made a director of Saffery Champness Holdings Limited. Mr Powell has worked in the mutual fund industry since 1980 and joined Saffery Champness in […]

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Carey Olsen advises Aviva on £5.6 billion takeover of Friends Life

Carey Olsen advises Aviva on £5.6 billion takeover of Friends Life

| April 15, 2015 | 0 Comments

A cross-practice and pan-Channel Island team from Carey Olsen has advised Aviva plc on its acquisition of FTSE-100 listed Friends Life Group Limited for £5.6 billion in one of the largest ever takeovers in the insurance market and the largest scheme of arrangement to go through the Guernsey court. Shareholders of Friends Life now own […]

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INSOLVENCY PETITIONS DOWN ACROSS MOST OFFSHORE JURISDICTIONS IN 2014

| April 15, 2015 | 0 Comments

The number of insolvency petition filings in most offshore jurisdictions fell in 2014 when compared to 2013, reflecting positive changes in economic conditions over the course of the year, according to Appleby, one of the world’s largest providers of offshore legal, fiduciary and administrative services. This was among the findings of the firm’s Snapshot: 2014 […]

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C5 Alliance partners with VIRTUS Data Centres

| April 15, 2015 | 0 Comments

C5 Alliance in Guernsey has formed a collaborative partnership with London-based data centre specialist VIRTUS. The move will allow both companies to share experience and intelligence,providing the opportunity for Channel Island businesses to host data wholly or partly in the UK while benefitting from on-island solutions. VIRTUS customers will also have access to offshore hosting […]

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Guernsey cannot afford complacency on cyber security

| April 15, 2015 | 0 Comments

Newly published research emphasises the risk of cyber attack for Guernsey businesses that fail to protect their data with the correct security measures and internal procedures. A recent UK government report showed that 81% of large businesses and 60% of small businesses suffered a security breach in the last 12 months. Offshore businesses are among […]

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Guernsey presence felt at US estate planning conference

| April 14, 2015 | 0 Comments

Guernsey’s fiduciary sector was represented at a prominent international estate planning conference in the United States. Three representatives of Trust Corporation International attended the 11th annual International Estate Planning Institute event in Times Square, New York, where the firm was also a gold sponsor. A distinguished panel of experts debated topics including US enforcement against […]

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