Saffery Champness audit partner Jeremy Ellis has been accredited by the Johannesburg Stock Exchange.
The accreditation will qualify him to provide audit and assurance services to JSE-listed clients such as funds and trading companies in Guernsey and Jersey.
Saffery Champness is the only JSE-accredited audit firm in the Channel Islands. Mr Ellis has joined Senior Partner Roy Angliss and two London-based partners of the Guernsey firm who already have JSE accreditation.
Prior to his accreditation he provided a quality control function within the firm for JSE listed clients.
He said: “Having local accreditation means that we can control the whole audit process on island, minimising delays in the review process and making the audit more efficient.
“Local holding company structures provide opportunities for capital raising in many different jurisdictions. We can assist our clients by having direct links to the markets they see as most beneficial to them; helping them to comply with listing rules and requirements and ensuring that they meet their listing deadlines.”
Mr Angliss said: “As the only JSE accredited audit firm in the Channel Islands we have had a strong local connection to the JSE for some years and Jeremy is already heavily involved in that. His own accreditation takes this forward and strengthens our relationship with the exchange. His portfolio will include Guernsey and Jersey companies that use the JSE for their primary listing.”
Category: Finance & Business