With increasing demand from investors and regulators for stronger oversight and a greater focus on the implementation of global anti-money laundering (“AML”) standards, clients are increasingly looking for support that is tailored to their individual needs. Recognised as one of the industry’s pre-eminent specialist service providers, and with a rapidly growing on-the-ground presence in Jersey, the Maples Group’s fiduciary services business has made a series of strategic hires to further support the delivery of its best-in-class solutions. Mark Hill and Jon Le Sueur have joined the team in Jersey as Vice President and Compliance Officer, respectively.
With over 35 years of offshore fund, corporate and trust experience, Mark brings deep expertise on matters related to corporate governance, risk and compliance, as well as extensive knowledge of Jersey structures. He has held a number of directorship roles including country responsibility for a multi-jurisdictional fund, trust and corporate services provider while also serving as a non-executive director on a variety of client fund structures including alternative assets, real estate and traditional long-only strategies. Previously, he was also with the Maples Group from 2004 to 2010 serving as a director, company secretary and compliance officer. Mark is a chartered member of the Chartered Institute for Securities and Investment.
Jon has spent the last 20 years in the Jersey financial services industry, gaining significant experience across all regulated sectors including fiduciary, funds and banking. He has previously held both client-facing and specialist AML, risk and compliance roles at a number of fiduciary, trust and company service providers. He also spent several years in a regulatory supervision role with the Jersey Financial Services Commission. Jon is a Fellow of the Association of Chartered Certified Accountants.
Jersey’s reputation as a leading international jurisdiction with a robust regulatory framework and political and economic stability continues to make it an attractive location for clients. The Group has demonstrated a commitment to delivering market-leading solutions for clients via a combined legal and fiduciary services offering. This collaborative approach has been widely embraced by the market and the business has continued to grow, further solidifying its local footprint, since the opening of the office in early 2019.
“With investors demanding enhanced oversight and legal and regulatory requirements becoming increasingly complex, there is significant demand for service providers that can assist clients in meeting their ongoing obligations and ensuring adherence to the highest standards of governance,” said Robert Lucas, Senior Vice President and head of the Group’s fiduciary services business in Jersey. “Mark and Jon bring significant experience and a breadth of expertise that is unmatched and which will be highly advantageous to clients of the Group, particularly given the evolving landscape. We are delighted to welcome them to the team and are confident that they will be vital to the ongoing growth and development of our Jersey business.”