RSSCategory: Finance & Business

Undergraduate projects sought for 2014 STEP Scheme

| April 22, 2014

The Department of Economic Development is encouraging Isle of Man-based organisations to take part in the 2014 STEP Programme. STEP is a unique scheme that places Manx undergraduates within local organisations to work on specific projects for eight weeks during their summer holidays. A record number of 118 students have applied for projects and are […]

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Undersea Cable laying starts on new link to France

| April 22, 2014

The laying of the cable is underway as part of the installation of Normandie 3, the third undersea cable linking the Channel Islands to France. The new cable will run from Periers in France to Long Beach in Jersey. Its 100MW capacity will be utilised by both Jersey Electricity and Guernsey Electricity. The cable forms […]

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Future business leaders offered opportunity to study for MBA on-island

| April 22, 2014

FUTURE business leaders wanting to develop business understanding and effectiveness will be able to undertake a two year Masters in Business Administration with the GTA University Centre from September. The GTA is running the MBA in partnership with the University of Southampton and hopes to attract students from across the Channel Islands. ‘The MBA course […]

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“AML/CFT Primer” workshop for regulated sector staff

| April 22, 2014

Susan Grossey – a familiar face in Guernsey anti-money laundering circles – is running her popular “AML/CFT Primer” workshop once again this year, on Wednesday 11 June 2014. The full-day event is designed for new Money Laundering Reporting Officers and new deputy MLROs, as well as anyone in compliance (or perhaps a new-and-blissfully-unaware director?) who […]

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Four new AML books for Jersey

| April 22, 2014

Susan Grossey has been providing anti-money laundering training and advice in Jersey for many years.  She is the author of several books on the subject, and her latest venture is a series of four books written specifically for people working Jersey’s regulated community – all published today. “Anti-Money Laundering: What You Need to Know” comes […]

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The Channel Islands Co-operative Society is financially secure while UK announces losses

| April 17, 2014

THE Channel Islands Co-operative Society has reassured members that it remains in a strong financial position, despite its UK counterpart announcing losses today. The Society has no financial ties with the UK Co-operative and its assets are locally owned and secure. A strong performance during 2013 means that the Society, which will be celebrating 60 […]

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KPMG comments on new Financial Reporting Standard (FRS) for insurers

| April 17, 2014

The Financial Reporting Committee (FRC) recently published FRS 103 for Insurance Contracts which supplements FRS 102 and completes the new suite of Financial Reporting Standards replacing the current UK GAAP with effect from 1 January 2015. Commenting on the publication by the FRC Simon Nicholas, Director at KPMG, says it provides further clarity for insurers […]

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Colour Monster acquires Guernsey Herald printing assets

| April 17, 2014

Local printer Colour Monster has acquired Guernsey Herald’s printing assets, making it the largest printer of its kind in the Channel Islands. Guernsey Herald was liquidated and wound up earlier this year. Colour Monster has also taken over the lease of its premises in The Guernsey Press building where it will shortly be relocating all […]

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Nothing to Fear as FATCA Draws Closer Says EY

| April 16, 2014

Jersey’s financial services businesses were told that they have nothing to fear from FATCA – yet, at a presentation given by EY’s Executive Director for Tax, Wendy Martin. Before joining EY, Wendy was Director of Tax Policy at the States of Jersey where she played key roles in negotiating the Intergovernmental Agreements and drafting the […]

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Nothing to Fear as FATCA Draws Closer Says EY

| April 16, 2014

Guernsey’s financial services businesses were told that they have nothing to fear from FATCA – yet, at a presentation given by EY’s Executive Director for Tax, Wendy Martin. EY’s Guernsey Head of Tax, David White welcomed the audience of 150 local professionals to the presentation and introduced Wendy Martin who joined EY last year from […]

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