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What Brexit means for VAT-registered businesses

It’s the word we all dare to mention however, whether the UK leaves the EU with a deal or not, businesses need to consider the potential implications which may ensue. Of course, there remains a possibility that the current Government fails to deliver on Brexit which could force a general...

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Melanie Ison named in Top 10 Professionals in China and Hong Kong’s list

Managing Director of PraxisIFM’s trust office in Hong Kong, Melanie Ison has been named one of China and Hong Kong’s Top Professionals in private wealth by Citywealth. The list was editorially curated by Citywealth to recognise the leading private wealth professionals in China and Hong Kong based on their ratings...

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PraxisIFM adds Aquila Capital to client portfolio

Global financial services group, PraxisIFM, sees continued growth attracting a new renewable energy fund client. Aquila European Renewables Income Fund plc (the ‘Fund’) is a UK-domiciled investment trust investing in renewable energy infrastructure investments across continental Europe and Ireland. The Fund raised EUR154.3 million in its initial public offering (IPO)...

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Guernsey Client Director named in Top 35 Under 35 list

Blane Queripel has been included in this year’s Channel Islands Top 35 Under 35, published by eprivateclient. The list, which eprivateclients considers as the ‘definitive list of young private client practitioners’, is eligible to all those working in the legal, accountancy, trust and residential property investment industries. It has been...

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PraxisIFM wins an Award at the Citywealth 2019 Magic Circle Awards

We are pleased to announce that PraxisIFM has been awarded Runner-Up in the ‘Trust Company of the Year – Large’ category at the Citywealth Magic Circle Awards. Every year Citywealth Magic Circle Awards bring together the best advisors and managers in the global industry to recognise their achievements over the...

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BVI Economic Substance Law

The British Virgin Islands (BVI) has passed legislation requiring certain legal entities which carry on ‘relevant activities’ to demonstrate that they have adequate economic substance in the BVI. Any company (or limited partnership with separate legal identity) that is registered or incorporated in the BVI should be aware of this...

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PraxisIFM Group announces senior management changes

Dr Simon Thornton, Group Chief Executive Officer of global financial services administration company PraxisIFM has announced his intention to retire from his role. The Group is pleased to announce it has appointed a new Group CEO, Cees Krijgsman who is currently CEO of InAdmin RiskCo, the Group’s technology-led pension administration...

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Liz Nursey named in Top 20 Professionals in Jersey list

PraxisIFM’s Liz Nursey has been named one of Jersey’s Top 20 Professionals in private wealth by Citywealth. The list was editorially curated by Citywealth to recognise the leading private wealth professionals in Jersey based on their ratings and reviews received across the last 18 months. This is the second year...

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Guernsey substance and benefits of the mature NPPR

Guernsey has long been recognised as a mature, highly experienced non-EU financial centre. It continues to be known as a tax transparent jurisdiction, working extensively in co-operation with the European Commission, among others, to ensure it does all it can to co-operate on all transparency and appropriate regulatory matters. In...

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