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Global 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...

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PraxisIFM 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...

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Top 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...

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DAC 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...

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PraxisIFM’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...

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Trustees 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...

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Eco 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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Negotiations with Oak Group close

The PraxisIFM Group has today announced that negotiations to combine with Oak Group have closed. The end of negotiations will enable both companies to continue to focus on performance improvement and integration within their own businesses. As announced in its 2020 Annual Report, PraxisIFM is undergoing a process of performance...

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Global expansion services and the new UK investment office

A major addition to the UK Government’s ability to attract foreign investment was announced by Prime Minister Boris Johnson last month. The newly-formed Office for Investment will boost the UK’s ability to secure high value investment opportunities which align with the Government’s key priorities. These priorities include reaching net zero greenhouse gas emissions, investment in infrastructure and advancing...

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In House Legal team contributes to leading law review

For the fifth consecutive year the Guernsey chapter in the year ‘The Private Wealth and Private Client Review’ has been written by In House Legal team Rachael Sanders Mark Biddlecombe and Keith Corbin. This year’s update includes the move to island-wide voting, the cybersecurity threat during COVID-19 and proposals to transfer jurisdiction for...

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