PraxisIFM’s Melanie Ison on panel at STEP Asia 2019
Managing Director of our Hong Kong office, Melanie Ison, was one of three panel members at a session on private trust companies at the recent STEP Asia 2019 Conference in Singapore. The keynote address was from Calvin Wong from the Singapore Economic Development Board who spoke about the future of...
Read moreFuture Leaders award for inspirational Donna
Donna Shorto was awarded the Citywealth Future Leaders Editor’s Choice award 2019 at an event in London on 13 November. As Managing Director of PraxisIFM’s UK private client and corporate business, Donna heads up a team of more than 20. She joined PraxisIFM in Guernsey as a trust manager and...
Read morePraxis Fund Services in major commercial property transaction
The team in Jersey provided corporate services for the £41million acquisition of 27/28 Esplanade by Seaton Place Limited. Completed in 2017, the property known as JTC House is a Grade A office building in central St Helier, Jersey. It provides more than 71,000 square feet spread over seven floors and...
Read moreGuernsey team contributes to leading law review
The Guernsey chapter in this year’s ‘The Private Wealth and Private Client Review’ was written by In House Legal team Rachael Sanders, Mark Biddlecombe and Keith Corbin. It is the fourth consecutive year the Guernsey chapter has been written by the team at PraxisIFM – previously as Nerine Trust Company. The...
Read moreCountdown to DAC 6 Directive
As many of my fellow professionals will already know, the Council Directive 2018/822/EU or its more commonly known name, DAC 6 (the Directive), came into force effective 25 June 2018. The Directive, which is born out of Action 12 of the OECD’s Base Erosion and Profits Shifting framework (BEPS), looks...
Read morePraxisIFM at BVCA Summit
PraxisIFM’s Head of Fund Marketing, Sam Shields, and Josh Farrow, Associate Director in Jersey, will attend the Summit on Thursday 10 October. The BVCA Summit is a must-attend event and this year’s ‘2020+ Vision’ theme will look at the strategies and trends shaping the next decade for private equity and...
Read moreWealth Structuring Focus at Family Office Forum
The key criteria for UHNW families to consider when establishing a family office were the focus at a recent conference. Blane Queripel, Client Director of PraxisIFM Trust Limited in Guernsey, moderated a panel debate on wealth structuring for multi generational wealth at the Prestel & Partner Family Office Forum. This...
Read morePsychology student awarded PraxisIFM Bursary
This year’s PraxisIFM Guernsey Bursary has been awarded to psychology student Sophie de Garis. It is the third year of the scheme, which attracted a record number of submissions. The Group’s bursary students are guaranteed paid work within each of the Guernsey office’s Trust, Fund and Pensions divisions, gaining exposure to...
Read moreBrexit Q&A for multi-national businesses
It’s over three years since the UK voted to leave the European Union (EU) by a majority of 52% to 48%. Nine months later, in March 2017, then-Prime Minister Theresa May triggered Article 50 (the formal process to leave) meaning the UK was due to leave at the end of...
Read moreOECD backs new Economic Substance Regimes
A number of jurisdictions where PraxisIFM provides services have introduced Economic Substance legislation following recommendations from the European Union and the Organisation for Economic Co-operation and Development (OECD). We are pleased to report the OECD forum on Harmful Tax Practices has reviewed the tax practices of those jurisdictions and confirmed...
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