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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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Promotions recognise progress and development

PraxisIFM has made 16 senior promotions across four jurisdictions, including three promotions to Associate Director. Praxis Fund Services Limited has promoted Sam Shields to Associate Director, New Business, in Guernsey and in PraxisIFM Trust (Jersey) Limited Phil Marshall is now Associate Director, Compliance. In London Sylvanus Cofie has been promoted...

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Governance award for Praxis’ Guernsey funds team

Praxis Fund Services Limited has been awarded Corporate Services Team of the Year at the ICSA Guernsey Annual Awards dinner. ICSA: The Chartered Governance Institute – is the professional body for governance and has more than 500 members and students in the Bailiwick. Its annual awards recognise the achievements of...

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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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Countdown to DAC 6 Directive

As many of my fellow professionals will already know, the Council Directive 2018/822/EU or its more commonly known name, DAC 6 (the Directive), came into force effective 25 June 2018. The Directive, which is born out of Action 12 of the OECD’s Base Erosion and Profits Shifting framework (BEPS), looks...

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PraxisIFM at BVCA Summit

Josh Farrow and Sam Shields

PraxisIFM’s Head of Fund Marketing, Sam Shields, and Josh Farrow, Associate Director in Jersey, will attend the Summit on Thursday 10 October. The BVCA Summit is a must-attend event and this year’s ‘2020+ Vision’ theme will look at the strategies and trends shaping the next decade for private equity and...

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Wealth Structuring Focus at Family Office Forum

PraixisIFM Trust Client Director Blane Queripel

The key criteria for UHNW families to consider when establishing a family office were the focus at a recent conference. Blane Queripel, Client Director of PraxisIFM Trust Limited in Guernsey, moderated a panel debate on wealth structuring for multi generational wealth at the Prestel & Partner  Family Office Forum. This...

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