RSSCategory: Finance & Business

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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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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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 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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C5 Alliance earns Elite Status with IT Services innovator N-able

| April 14, 2015 | 0 Comments

The first and only company to date in Guernsey to team with N-able, this appointment acknowledges C5 Alliance’s proven expertise and leadership within the managed services market. C5 enables regulated businesses in the island to outsource numerous IT functions from storage, data management and monitoring to total IT outsourcing. N-able by SolarWinds is a global […]

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Guernsey leads way on tax transparency

| April 7, 2015 | 0 Comments

Guernsey is at the forefront of standards on tax transparency and information exchange, according to Tony Mancini, Head of Tax at KPMG in Guernsey. Interviewed by Caroline Hyde on Bloomberg’s Countdown show, Mr Mancini was questioned on how Guernsey was responding to calls for the Crown Dependencies of Guernsey, Jersey and the Isle of Man […]

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Guernsey Electricity

| April 1, 2015 | 0 Comments

“Guernsey Electricity is currently undertaking a rigorous review of our whole business looking for efficiency gains, better ways of working and more effective ways to serve our customers. “As part of this process we are undertaking a complete review of our organisation structure to ensure that those activities that are vital to providing security of […]

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Sureis first to receive full 4G licence from CICRA

| April 1, 2015 | 0 Comments

SURE has activated a number of its 4G network sites in Guernsey and across the Bailiwick islands today following the mobile operator’s new network licence being issued by the regulator, CICRA, on 28 March. Sure envisages that the 4G network will be live on all sites across Guernsey and the Bailiwick islandsin the first week […]

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