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Under the Spotlight with Jake Le Brocq

We asked Jake about changes in the real estate sector and the strong links between Jersey and London.   The PraxisIFM Jersey office has been extensively involved in administering UK real estate structures for many years. Can you give us a brief overview of the types of structures and properties...

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New UK anti-money laundering regulations introduced for Art Market Participants

Long read: 10 minutes A new EU directive significantly increases anti-money laundering and compliance obligations for EU-based art dealers, auction houses and galleries, known collectively as Art Market Participants (AMPs). James Barber-Lomax, Director of PraxisIFM Corporate Services (UK) explores what this means for the Art sector. AMPs have been subject...

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PraxisIFM makes senior appointments in the Middle East

The PraxisIFM Group has announced a number of senior appointments in the Middle East. As the ADGM’s first licensed and regulated trust company, PraxisIFM provides a wide range of tailored services to private individuals, families, international corporate clients and investment funds. Martyn Crespel has been appointed Chairman while Dan Toft...

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Three charities benefit from staff fundraiser

PraxisIFM staff have raised £5,000 for charity during April. Throughout the month, employees of PraxisIFM in London and Guernsey up signed to take part in the Group’s coronavirus fundraising initiative, #GivingOneHour. Employees were given the option to donate the final hour of their month’s pay to local charities. In London,...

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PraxisIFM Secures ADGM Venture Capital Fund Manager Licence

PraxisIFM announced it has secured an ADGM Venture Capital Fund Manager licence for Hambro Perks Ventures Limited through setting up of the structure, incorporation and application to the FSRA and Registration Authority in ADGM. Only the second licence to be issued, the company aims for it to be the first...

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PraxisIFM staff raise funds for coronavirus aid

Staff at the PraxisIFM Group in London and Guernsey are donating funds to help people affected by the coronavirus pandemic. In both locations staff will donate the final hour of their April pay. In London, the Private Client & Corporate team are supporting the NHS Charities Together appeal. Managing Director...

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Donna Shorto named as Future Leaders judge

Donna Shorto, Managing Director of PraxisIFM’s Private Client & Corporate team in London will be casting an eye over the next generation of wealth professionals as a judge of the 2020 Citywealth Future Leaders Awards. Donna is a previous winner at the Citywealth Future Leader Awards, walking away with the...

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PraxisIFM and COVID-19

As a global financial services business we have established business continuity planning procedures in place which are constantly reviewed and updated. In light of the potential impact on our business caused by widespread contagion of COVID-19 (coronavirus) we have put the following measures in place which are designed to protect...

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New CEO for PraxisIFM Group

The PraxisIFM Group has appointed Robert Fearis as Chief Executive Officer. Previously the independent financial services business’ Group Head of Private Client & Corporate, Rob has considerable knowledge and experience of the Group’s core activities. A founder shareholder and part of the business since 1992 his expertise covers a wide...

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Trireme enters SIPP market

Trireme Pension Services (Trireme) has launched a new self-invested personal pension (SIPP) specifically designed for UK expats. The Trireme International SIPP has been developed following market demand. Trireme co-founder and Director of Business Development, Richard Garrod, said that the Trireme International SIPP has been brought to the market on the...

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