Heritage Depositary Company (UK) Limited, a Heritage company authorised by the FCA, has been appointed as depositary to Regional REIT Limited which is a partnership between Toscafund Asset Management LLP, the Investment Manager and London & Scottish Investments Limited, the Asset Manager of the property portfolio.
The Channel Islands Financial Ombudsman (CIFO), which is the joint operation of the ombudsman roles established by law in Guernsey and Jersey, opened its doors on the 16 November 2015.
An article by Mariana Enevoldsen and James Christie, directors at Heritage International Fund Managers, has been published in the October edition of Business Brief.
Mariana Enevoldsen, Gerry Warwick and Susie Peer will be attending the BVCA Tax, Legal & Regulatory Conference 2015 due to take place in London on 26th November 2015.
James Christie, Kevin Smith, Gerry Warwick and David Price will be attending the 5th AIFM Directive Conference due to be held in London on 30th November 2015.
On 13 October 2015, Steven Maijoor, the Chair of the European Securities and Markets Authority (‘ESMA’) addressed the Economic and Monetary Affairs Committee at the European Parliament regarding the application of the Alternative Investment Fund Managers Directive (‘AIFMD’) passport to non-EU Alternative Investment Fund Managers (‘AIFMs’) and Alternative Investment Funds (‘AIFs’).
Heritage Fund Services (HFS), one of the leading independent management owned fund administrators with offices in the UK, Guernsey and Malta, has announced a number of promotions in client focused roles.
Ambant Underwriting Services appoints Chris Butcher as Chief Executive Officer
Guernsey has recently amended The Investor Protection (Designated Countries and Territories) Regulations in order to allow the promotion in the island of Alternative Investment Funds within EU Members States that have fully implemented the EU Alternative Investment Fund Managers Directive (“AIFMD”).
The future of one of the Channel Islands’ leading sailing series has been assured with its sponsor confirming ongoing backing for 2016.