PraxisIFM Switzerland trustees win back-to-back in Citywealth IFC Awards
Congratulations to Hakim Berhoune, Director at PraxisIFM Trust SA, who has been named Trustee of the Year – Switzerland in the 2021 Citywealth IFC Awards. This is the second consecutive year that a Director from our Switzerland Trust team has been named Trustee of the Year in their respective category,...
Read moreFlexible Family Investment Companies provide trusts alternative
Family Investment Companies (FICs) are becoming more widely acknowledged as an alternative to a trust in the international wealth environment. In this article Head of Wealth Structuring David Piesing looks at the structures available and why the flexibility of FICs makes them a welcome addition to the range of options....
Read morePraxisIFM announces Board appointment
The PraxisIFM Group has announced the appointment of a new Board member. Stephanie Coxon has been appointed as a Non-Executive Director and Chair of the Audit Committee. The appointment is announced shortly after the release of the global professional administration services company’s Interim 2021 financial results, which showed that the...
Read moreGlobal Elite recognition for Martyn and Jonathan
Two PraxisIFM Directors have been featured in the 2021 Private Client Global Elite Directory. Martyn Crespel, Chairman for our UAE operations based in Abu Dhabi and Jonathan Bailey, based in Guernsey, have both been recognised on the Global Elite – Elite Recommends list. Designed to profile the world’s most elite...
Read morePraxisIFM champions creativity with Arts for Impact sponsorship
PraxisIFM is championing the health and wellbeing benefits of art with its new sponsorship of Arts for Impact. Arts for Impact, a Guernsey based charity, is leading a new initiative called Inshape- feeling better through art, a community group that aims to make societal impact through creativity. PraxisIFM’s funding will...
Read moreTop 50 most influential listing for wealth structuring expert
David Piesing, Director and Head of Wealth Structuring in our Guernsey Private Client & Corporate team, has been named one of eprivateclient’s 2021 50 Most Influential. The listing recognises David as a key and leading industry professional who has made notable impact on the UK and UK Crown Dependencies’ private...
Read moreDAC 6 update welcomed
It is good to see some positive news this year for UK-based intermediaries. Following the signing of a new free trade deal with the EU by Prime Minster Boris Johnson, the EU directive DAC 6 ceased to apply in the UK from 11pm on the 31 December 2020. In my...
Read morePraxisIFM’s expertise recognised with three Citywealth IFC shortlistings
We’re very proud to announce that PraxisIFM has been shortlisted for three Citywealth International Financial Centre (IFC) Awards, highlighting the excellence of the Group’s private client and corporate services in the major international financial centres. The Group’s Guernsey and Hong Kong Trust teams have both been shortlisted for Trust Company...
Read moreTrustees and sustainable investing
PraxisIFM has a long tradition of working with families and legal advisors to tailor trust provisions to meet their specific needs and concerns, including the way that trust funds are invested. In this article, In House Legal Counsel Mark Biddlecombe takes a look at trusts and sustainable investing. One of...
Read moreEco focus for PraxisIFM as Ecofin IPO launches
PraxisIFM Fund Services (UK) has boosted its green credentials. It is providing administration and corporate secretarial services to recently listed Ecofin U.S. Renewables Infrastructure Trust plc (RNEW), which was admitted to the London Stock Exchange (LSE) on 22 December 2020. RNEW is one of three renewable infrastructure funds that the...
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