HMRC is not doing enough to tackle tax fraud, according to a report by the Public Accounts Committee (PAC). Findings show that tax fraud is creating losses of around £16 billion a year, almost half of the £34 billion tax gap. The level of tax fraud losses has remained constant over the last 5 years […]
The shares of daVictus PLC, a Jersey incorporated Company, were admitted for trading on the London Stock Exchange main market on Friday 29th January 2016. It is one of only 15 companies with a standard listing on the Official List and the main market. daVictus was established to undertake one or more acquisitions of businesses […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Simon Franckel of FranckelLaw. Simon has joined IR as our exclusive Commercial Litigation and Trust and Charity Law Member in the Channel Islands. Advocate Franckel qualified as an English solicitor with DLA in 1989. He then worked at Leeds firm Walker Morris for […]
We are delighted to announce that Minerva Fund Administration Limited has now received three awards during 2015. Recently named as ‘Best Fund Administration Services – Jersey’ at the Corporate LiveWire 2015 Global Fund Awards, this accolade adds to the two previous awards Minerva picked up at the 2015 Acquisition International Fund Awards. The Global Fund […]
Minerva Fund Administration Limited was recently awarded “Best Bespoke Fund Administration Services – Jersey” and “Best for Funds & Corporate Services – Jersey” as part of Acquisition International’s 2015 Fund Awards. These prestigious awards highlight not only fund performance, but also the firms and people working tirelessly behind the scenes to successfully form, manage and […]
Minerva’s affiliate business in Kenya, MTC Trust & Corporate Services Limited (‘MTC’), appoints Bob Turmel as its Managing Director. Bob, who was born in Jersey and spent his career on the island, brings with him over 30 years of experience in the fiduciary and wealth management industry, specifically in advising both private and corporate clients […]
By “securitisation” is meant the operation by which a securitisation vehicle acquires or takes on risks linked to loans, goods or liabilities accepted by a third party by issuing transferable securities the value or yield of which is dependent on these risks. Practically speaking, a securitisation operation consists of bringing together a group of assets […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Gavin Wilkins of Minerva Trust & Corporate Services Limited. Gavin has joined IR as our exclusive Wealth Management Member in The Channel Islands. Gavin Wilkins is Client Relationship Director and Head of Intermediaries at Minerva, who has overall responsibility for Minerva’s […]
Minerva Trust & Corporate Services Limited (‘Minerva’), a family-owned fiduciary business that has been in existence for over 35 years, is delighted to announce the recent appointment of Sean Costello to its Global Business Development team. Based in the UK and traveling to both India and the Gulf regularly, Sean’s prime responsibility will be to […]
The SOPARFI (Société de Participations Financières) is not a special type of company but an ordinary commercial entity governed by common law, specifically the 1915 Law on commercial companies. It does not enjoy any special tax regime and is fully taxable. There are no restraints on its field of activity. A Soparfi can, however, significantly […]