Private client future’s bright
Wednesday 29th September 2010, 2:30PM BST.
GUERNSEY is home to five of the most impressive young private client professionals in the world.
The Top 35 Under 35 rankings, produced by international publication Private Client Practitioner, are designed to identify, promote and celebrate the rising stars of the private client professions in the UK and the world’s other principal trust jurisdictions.
Local professionals to make it among the top 35 women are Legis Group trust and corporate officer Lucy Cochrane, Collas Day lawyer Joanne Seal and Rothschild Trust manager Emily Gabriel.
Appleby partner Gavin Ferguson (pictured) and Mercator associate director Stuart Dowding both made the top 35 list of men.
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Good on them for doing well, but is this a profession that we should be celebrating, making rich people richer, whilst kids are still looking through dump sites for a few coins every day, across most of the developing world…..its all wrong really….!
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I’m waiting for a transparency award. One that recognises then punishes locally registered companies who skate rings around the GFSC.
Don’t tell me they don’t exist. Guernsey is rife with flaws. No matter how diligent individual compliance systems are, the throwback to the past defence of “private servicing” will over-ride any external pressure.
When you’re working in it, it’s understandable not to question it. When you think about it, it becomes so Guernsey-centric that intelligent rationale goes out of the window.
I believe that Guernsey needs to come clean and offer services that do not attract negativity.
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Arnald
You are the one that has alleged to have spotted illegal practices whilst in working in the Guernsey but did not report them yes? If you are the same one, you yourself have broken the law and I cannot take someone with such lack of ethics, morals or respect for the law seriously. You lack credibility.
Bert
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Arnald
Take a look at the GFSC website and their annual reports. Kingston closed down following action by GFSC, Claridges as well. There are others. There are also individuals named and prohibited from working in the financial industry. There could or should be more to follow but its a start.
Bert
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Bert
No, I have never used “illegal” to describe anything. No lack of professionalsim there, so you heard wrong.
Ethically, I was lied to. I made it clear. From a distance I can see that it is endemic.
Legal, yes. But legal doesn’t mean tolerable.
Unless you make money out of it, of course. Am I not allowed an opinion and stance about that sort of thing? Do I deserve ridicule for echoing a sense of global injustice?
All power to the GFSC to make opportunist scum get their dues.
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Arnald
Your 4.16pm stance today is inconsistent with your 7.31pm post on 30th September. The activity which you refer to in the second paragraph of your 30th September post is illegal, indeed criminal, as it would be a breach of Guernsey law to circumvent the beneficial ownership laws!
Of course you are allowed an opinion and stance, but you appear to be constantly saying that things are far worse than they actually are, without ever presenting any evidence.
And using terms such as “opportunistic scum” really doesn’t help one little bit to portray you as a rational individual.
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