Staff changes at its Guernsey office is not a precursor to the transfer of fund administration operations outside the island, according to alternative fund service provider Butterfield Fulcrum Group. The jobs of six staff at the firm’s Guernsey office have been terminated as a result of the implementation of new
Corporate law firm AZB & Partners has topped the Venture Intelligence India league tables as the most active legal adviser for both private equity and M&A deals, advising a total of 50 transactions in the first six months of 2010. Ernst & Young topped the league tables as the
The Dubai International Financial Centre Authority has welcomed a series of regulatory changes to the DIFC’s collective investment funds regime. The changes were made following recommendations made by a panel of market practitioners and implemented by the Dubai Financial Services Authority on 11 July 2010. Dubai International Financial Centre-based fund
Private equity lawyer Matthew Hudson has formed a new law firm, MJ Hudson, to provide legal advice on the formation of specialist investment funds and structuring deals. MJ Hudson has been formed to strengthen the partnership between advisers and their clients and to more deeply align their interests. With a
The Guernsey Government’s publication of a consultation document on its future corporate tax regime has been welcomed by the promotional agency for the island’s finance industry. Peter Niven, chief executive of Guernsey Finance, believes that it is a major step towards identifying a corporate tax regime which is both internationally
The government of Gibraltar has published the text of the new, amended and consolidated Income Tax Act, which ends all distinction between “onshore” and “offshore” business. The Act lays the foundations for the reduction of company tax in Gibraltar from 22 per cent to ten per cent from 1 January
H.E. Abdul Qadir Fitrat, governor of the Central Bank Afghanistan, says the regulation of Islamic banking in Afghanistan should be implemented in the country within next two months. Speaking at the International Conference on Prospects of Islamic Banking and Finance in Afghanistan, he said that currently seven banks are offering
The International Organization of Securities Commissions has published its revised Objectives and Principles of Securities Regulation to incorporate eight new principles, based on the lessons learned from the recent financial crisis and subsequent changes in the regulatory environment. The eight new principles cover specific policy areas such as hedge funds,
Northern Trust says that if investment managers are to navigate the intricacies of pending new European regulations they cannot look at each regulation in isolation. This, according to Northern Trust’s latest white paper Funds regulation: A brighter distribution future? is vital to ensure investment managers are well positioned to take
Ozannes and Mourant du Feu & Jeune, two offshore law firms, have merged to create Mourant Ozannes. The merged firm brings together two legal practices in Guernsey and Jersey to create a firm with industry knowledge across the Channel Islands. With over 200 fee-earners and 50 partners practising from offices
12 November, 2026 – 5:00 pm
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