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The Power of People
Team Mourant step up to the charity challenge during COVID

At a time when COVID-19 put significant financial pressure on many local charities, the team at Mourant came together to support the Jersey Society for Prevention of Cruelty to Animals (JSPCA), one of the firm’s nominated charities of the year.

In true Team Mourant spirit, people across the firm signed up to the 2.6 charity challenge, a national fundraising campaign in lieu of the 40th London Marathon.

People took part in a wide range of challenges based around the numbers 2.6 or 26, including planks, walks, bike rides, indoor rowing and cookie making.

Our team raised £1,113 which was topped up by an additional pledge from our Mourant Jersey Charity Team, resulting in a total donation of over £3,000 to the JSPCA’s Coronavirus Emergency Appeal.

This charity challenge not only helped a local cause when they needed it the most, but it also brought some light relief during uncertain times and a welcome boost to our wellbeing.

Ogier engineers "help a life take flight"

When the Jersey Child Care Trust launched their Help a Life Take Flight campaign volunteers from Ogier took part in a series of nursery visits to help more than 100 three- to five-year-old children design, build and fly paper airplanes, helping develop hand-eye-co-ordination, sequencing, spatial and memory skills, as well as patience and attention.

Senior administrator and paper plane designer Stephanie Alves said: “I wasn’t sure what to expect when going into the nursery, however, reading to the children and getting them involved in paper aeroplane making was amazing, as we got to see their faces light up with excitement! It was also great to get an insight into what JCCT do and how the charity helps so many children and families in Jersey.”

Supporting young Islanders

David Scott, Senior Manager, Islands Treasury, and Charlotte Galvin, Company Secretary, Islands Secretariat, both at Lloyds Bank Corporate Markets are Committee Officers of La Pouquelaye Youth.

As officers, they support the project in achieving its objectives, which is to provide development of youth work opportunities for young people and to promote their personal and social development enabling them to have a voice which is heard in their local Parish and in Jersey. This is accomplished with individuals from the States of Jersey, Jersey Youth service and representatives from local schools.

Both support the charity with their professional skills and experience, including the preparation of papers and attendance at quarterly meetings to ensure the charity operates under sound governance principles.

Faces of the Future
A focus on skills and retaining talent

At the heart of Forward Group lies its’ core values, focussed on its people, their development, retention and wellbeing. These beliefs are central to its success and have attracted talented individuals like Gemma Aubert.

Gemma worked for sister company GS Accountants after roles in home improvement, retail and being integral in the global expansion of local brand Baby-Hub. After passing 2 exams in the Certificate in Offshore Administration, she is well on her way to its completion. Excellent communication and relationship-building skills support her excelling in her work. Bringing up her 4-year old daughter and DIY keeps her busy in her spare time.

Directors, Alun Griffiths and Simon Voisin have been integral in building a people focussed ethos, embedding those core values as part of a successful long-term growth strategy. Visit the Forward Group website: www.forwardjersey.com or their pages on Facebook and LinkedIn.

A forward-thinking marketeer

A career starting in fashion is not the most common route into banking; however, a strong sense of design has led Chelsea to help Santander International take a more visual approach to communications.

Since joining the marketing team in 2019, Chelsea has developed communications to appeal to younger customers, refreshing brand social media channels, developing content, and introducing new mediums such as video, and stronger use of imagery.

By thinking out of the box, Chelsea has helped Santander International double its online reach, and significantly grow its followers and engagement online reaching younger demographics.

As well as expanding communications with new audiences, Chelsea has worked at creating a more unified tone of voice across marketing, celebrating achievements by staff and the business, and re-establishing the bank’s strong brand within local communities.

Representing Jersey in the Commonwealth Youth Parliament

Joseph Barker-Willis, Associate, Investment Funds & Corporate, Walkers, represented Jersey at the Commonwealth Youth Parliament (CYP) in New Delhi, India in November 2019. Joseph joined 50 other delegates from 24 countries across the Commonwealth, including Jersey, the Cayman Islands and other British Overseas Territories.

The CYP allows participants to learn about the shared values, challenges and opportunities of the 2.4 billion strong Commonwealth, 60% of whom are under 30 years old.

Joseph was elected as leader of the Independent group in the Delhi Assembly and worked with members from all parties to pass resolutions on climate change, UN sustainable development goals and the future of the CYP.

The CYP demonstrates how ‘Commonwealth’ is another way of saying common good – it embodies the best of our shared values, the strength in our diversity and the benefits of working together for our shared benefit.

The CYP reminds us that, although individually we may seem invisible, together we can be invincible in facing our shared challenges – economic development, public health, maintaining peace – and making the most of our shared values and opportunities as a force for good in the world.

Making a Difference
Free employment advice for local businesses

At the start of COVID-19, businesses in Jersey were having to adjust to a new working dynamic that was continually changing. Not only were businesses facing uncertain times in terms of work and cash flow, but they were grappling with increasingly complicated employment issues.

Walkers Jersey took the view that it was more important for the Employment Law practice to help the Island community to adjust to the demands of COVID-19, rather than to seek to profit from this time of uncertainty.

As a result, the firm offered businesses in Jersey free employment advice on COVID-19 related queries, assisting businesses with issues including enforced quarantine on return from holiday, capability and disciplinary processes remotely, and advice on furloughing staff/altering contracts of employment and redundancy, all with the aim of supporting the Island community as much as possible.

SANNE supports MIND

With the advent of the global Coronavirus pandemic, millions of people were in isolation and bound to their homes. Under these circumstances and now as we adjust to the ‘new normal’, looking after our mental health and wellbeing is more important than ever.

MIND Jersey is an independent local charity that provides support to people and their families living with mental illness. Their vision is to promote and protect good mental health for all, treating people with mental illness fairly, positively and with respect. All money raised by MIND Jersey stays on the island for the benefit of local people.

SANNE donated £40,000 to MIND Jersey to support the work the charity is undertaking. SANNE are long-standing patrons of MIND Jersey having organised a number of charitable events to raise funds over more than two years.

Providing support to hospitals

Vistra helped a London based investment firm to partner with European companies seeking to identify strong underlying businesses, experiencing temporary financial challenges.

The initial project focussed on a UK private hospital and care group providing specialist care, which had gone into administration.
We provided support with the acquisition method and structuring, working closely with a leading global tax and audit firm to put in place Jersey structures to indirectly acquire the UK assets.

The acquisition brought much-needed expertise, including debt restructuring enabling five hospitals and care facilities to continue to operate successfully but also allowing further investment over time, providing essential specialist care in this sector.

Structuring through Jersey allowed assets to be acquired efficiently to attract initial and future international investment for a business operating in the UK, which generates UK corporation tax. This approach safeguards the future of the hospitals, staff and most importantly, patient care.

Working for Change
Encouraging and preparing young Islanders for a world of technology

The aim of PwC Hive Hackers CI is to inspire, encourage and prepare children for a world of technology through exposure to innovative digital education.

The vision of this programme is to develop the digital skillset of children and young people as individuals, so they become more confident contributors to society, the economy and the environment. PwC Channel Islands has already run a successful pilot programme with the Year 3 children at d’Auvergne School in Jersey and aims to start delivering this free education outreach programme to a further 600 year 3 pupils in 11 primary states schools across the Island, commencing this Autumn. This will be expanded to reach all primary states schools by close of 2021.

Whilst technology is the primary focus, the programme also offers these young people opportunities to be creative, solve problems and develop communication and collaboration skills. Watch a video of the d‘Auvergne pilot here.

Helping to create an equal society through equality in education

COVID-19 highlighted the benefits afforded through access to technology, as well as the inequality facing a huge number of children who don’t have access at home.

As Mourant swiftly ensured all employees were able to work remotely, Janet Hall realised some children faced missing chunks of their education as they too were confined to their homes.

“Having grown up in care, I started to think about how this would affect children as home-schooling relied on having adequate access to the internet, suitable electronic devices and the appropriate support. My friends suggested who to approach and things quickly progressed with donations of devices to 17 of our States primary and secondary schools.”

“It’s been a collective effort involving many partners and I’m delighted that together we’ve been able to equip and support Jersey’s young people during these challenging times.”

Janet Hall – Head of Programme Delivery & Operational Excellence Information Services, Mourant

Supporting the JSAD Wheelchair Basketball Schools Outreach Programme

In association with Jersey Sports Association for the Disabled (JSAD) and the Jersey Wheelers, Stonhage Fleming supported the ‘Wheelchair Basketball Schools Outreach Programme’.

The Outreach programme visited a number of schools giving 500 students the opportunity to experience for themselves what it is like to play sport in a wheelchair and improve their awareness of the everyday obstacles that people with disabilities have to overcome.

Guy Gilson, Partner, Stonehage Fleming: “It is a pleasure to support such a worthy cause, and we were thrilled to have been able to fund such essential additions to the programme. I hope this year is as much of a success as last year.”

Paul Patterson MBE, Chairman, JSAD: “We’d like to thank Stonehage Fleming for their continued support, and in particular for their support with this outreach programme.”

Helping Economies Prosper
Helping over a million people living off-grid in Kenya access solar energy products

Walkers Jersey office has advised African Frontier Capital (Mauritius) LLC on the Jersey law aspects of a USD 65 million receivables financing transaction which will enable people living off-grid in Kenya to buy d.light solar home systems and related solar products.

Recognising the positive impact that the provision of affordable and sustainable solar energy products has on communities and quality of life, Walkers delivered a significant proportion of its work on the transaction on a pro bono basis.

Tristan Maultby, Senior Counsel at Walkers commented: “We are delighted to have assisted AFC and lead counsel Allen & Overy LLP on this receivables financing transaction. The transaction is expected to facilitate the provision of solar home systems and related solar products to d.light’s customers in Kenya, bringing electricity to well over a million people currently living off-grid in Kenya, and helping to sustain the local off-grid energy industry.”

Impact investing

As a member of the Jersey Finance – Sustainable Finance Community of Interest Group, I am always interested in ways Jersey can continue to support the global movement towards responsible investment.  With its stable, mature and internationally respected legal and regulatory system, Jersey has proven its commitment to the highest governance standards and offers a broad range of flexible structures and regulatory regimes suitable for funds with an ESG or impact focus.

The Jersey Private Fund (JPF), however, stands out for me as a particularly well-suited product. As a cost-efficient structure which can be established quickly with the support of a local service provider, the JPF allows capital to be raised for innovative ideas and creating new strategies with definable social and environmental focuses.

Once established, the strength and depth of experience within the Jersey finance industry supports the need for closer scrutiny of investment objectives and the methods involved in monitoring the success of those aims. Having recently established the Walkers internal ESG/Impact Investment Group, a group with representation from across our offices, we continue to share knowledge and expertise and hope to make our own impact in building a better world for our future generations.

Leanne Wallser – Group Partner, Investment Funds & Corporate

Part of the Solution
PwC logo
Upskilling our Island workforce for a digital world

PwC analysis reveals that around 30% of jobs in Jersey are at risk between now and 2035. If governments, businesses and educators don’t take decisive action now, the jobs that are furloughed or lost in the downturn may never come back. In turn, posts at risk of automation in 5-10 years’ time could disappear much sooner as restructuring and cost-saving accelerate in the wake of the pandemic.

With the right skills, agility and readiness to embrace change, Jersey can create thousands of new jobs to make up for the ones that will be lost. The Island can attract new businesses with new ways of working, improve the quality and value of the work done in Jersey, make it more fulfilling and ultimately bolster the long-term competitiveness and prosperity of our Islands.

PwC Channel Islands’ latest report looks at what kinds of work are under threat and how we can create opportunities on the other. Read the report here.

Mobilising capital for good

As the first Jersey company to become a signatory to the UN Global Compact, and as a wealth management firm, it is our responsibility to mobilise capital for good. One of our key channels for doing this is Affinity’s sustainable strategy.

More than ever, companies that provide solutions to the challenges faced – whether this be recycling the plastics on the verge of overwhelming our oceans or addressing the growing social and economic inequalities we see around us – are well placed to perform strongly. We believe, by investing in these firms, our clients can make a positive contribution towards a more sustainable world and generate attractive capital gains.

In addition, investors in this mandate support a Jersey-based charity, with a global reach –  namely the Durrell Wildlife Conservation Trust. We donate a portion of the fees earned to Durrell’s work recovering threatened wildlife, reviving damaged ecosystems and reconnecting people to the natural world. Based on current assets, this equates to annual contributions of over £10,000.

A charity trust dedicated to the Arts

Whitmill administers an exclusive charity trust established by a wealthy philanthropist. The trust has substantial assets and makes multiple donations and contributions to the Arts ranging from support to some of the large opera houses in Europe, to providing scholarships and bursaries to disadvantaged but highly talented dancers from developing nations. One of the performers previously supported by the trust is now a highly successful international artist, who in turn is now developing the next generation of talent with the help of the trust.

The expertise of Whitmill as trustees together with our intermediaries in investments, banking and regular input by lawyers and tax advisors working together, shows how the financial services sector in Jersey can deliver a real and meaningful difference to both large institutions dedicated to promoting the Arts, to individuals with talent living in difficult circumstances.