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Trustee of the Year award for Fritha Beck

Fritha Beck, Director at PraxisIFM Trust SA, has won this year’s Citywealth IFC Trustee of the Year – Switzerland award. The Citywealth IFC awards took place on the 29 January at Rosewood Hotel in London. Created to highlight the excellence of business professionals and experts in the private wealth sector...

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Magic Circle Award nomination for PraxisIFM

PraxisIFM has been shortlisted for Trust Company of the Year in the Magic Circle Awards 2020. The annual awards recognise the best advisors and managers in the global industry. Entries can either be by nomination from the global industry or companies can also send in detailed submissions. All entries for...

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Melanie Ison and Liz Nursey in Top 100 Powerwomen list

Two of PraxisIFM’s senior team have been included in the latest Citywealth International Powerwomen Top 100 list. The ranking recognises the women who are considered influential within the international community. Liz Nursey and Melanie Ison are named in the select group of women who are leading businesses or directing multinational...

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Mauritius office move heralds new era

The move to new premises in Vivea Business Park, Moka, took place over the weekend of 16-17 November. Vivea is on the site of a former sugar factory, with part of the original architecture preserved and incorporated into the office spaces. It has established itself as the island’s ‘smart city’, combining...

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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...

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Future 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...

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Praxis 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...

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Guernsey 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...

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Brexit 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...

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OECD 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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