Archive for the ‘Uncategorized’ Category

Two promotions for the Moore Stephens Isle of Man team

by Charlotte Easton

Moore Stephens Isle of Man, leading providers of multi-sector accountancy, consultancy and wealth management services is pleased to announce the promotion of two key staff members. Joyce Fayle has been promoted from assistant manager to manager and Andrew Dixon has been promoted from supervisor to assistant manager in the firms Trust and Audit Departments respectively.

I am delighted with my promotion and I look forward to the challenges my new role will bring, commented Joyce, manager at Moore Stephens Trust Company Limited, "I really enjoy working at Moore Stephens, it is the sort of place where skills and hard work are recognised. I consider it a personal privilege to work with such a great team of people.

Im very happy to have been promoted and given the opportunity to develop myself as a manager, said Andrew, assistant manager at Moore Stephens Chartered Accountants, Moore Stephens is a great place to work and I hope I can inspire and develop my team in the same way the firm has supported me since I started here two years ago.

In 2009 Moore Stephens Isle of Man was reaccredited with its status as Investors in People, the UKs leading management standard. Investors in People sets out a level of good practice for the training and development of people to achieve business goals, providing a national framework for improving business performance and competitiveness through a planned approach to setting and communicating objectives while developing individuals as team members to meet these.

We believe our success stems from our greatest asset our people, said Clive Dixon, senior partner with Moore Stephens Isle of Man, We are keen to develop from within and encourage leadership potential. Joyce and Andrews promotion can be attributed to their hard work and motivation. Being a good manager is not an easy job but they can be sure the firm will continue to support their development as they continue to progress in their careers

- Ends -

I consider it a personal privilege to work with such a great team of people.

Joyce Fayle, Moore Stephens Isle of Man

Read the original:
Two promotions for the Moore Stephens Isle of Man team

Isle of Man Constabulary – Assault in Laxey

by Isle of Man Constabulary

Police are investigating a fight on Saturday night in Laxey during the Laxey Blues Festival period, in which a man was assaulted and subsequently admitted overnight to hospital for treatment following a head and upper-body injuries. He has since been discharged and is making a good recovery. The incident, involving a number of both males and females centred around the Snaefell Tram crossing on New Road Laxey at approximately 11.00pm on Saturday 5th May 2012 and Police are appealing for anyone who has any knowledge of such an incident to come forward with any information they have. Police are particularly keen to speak with a motorist who had to stop as the incident spilled out into the road. If anyone has any information in relation to this, could they please contact Constable Sam Cannell on 812234. Alternatively, information may be given anonymously through Crimestoppers.

- Ends -

If you'd like to send any information or news releases to us then please feel free to do so and we would be more than happy to consider sharing your news with the Isle of Man!

Send your Isle of Man news to:webmaster@manx.net

Manx Telecom Ltd 2012

Manx Telecom Ltd, Isle of Man Business Park, Cooil Road, Braddan, Isle of Man IM99 1HX Registered in the Isle of Man Reg no.5629V Vat Reg no GB 003-2919-12

See the rest here:
Isle of Man Constabulary - Assault in Laxey

Isle of Man Bank continues Crimestoppers sponsorship

by Charles Horton

Isle of Man Bank is continuing to sponsor the Islands branch of the Crimestoppers charity.

Isle of Man Crimestoppers is part of the UK Crimestoppers 'family' and is an independent Manx charity dedicated to fighting crime across the Island. It focuses on local issues that are important to the community - improving crime detection and thereby enhancing quality of life on the Island.

Isle of Man Crimestoppers also announced that Craig Wolstencroft, Managing Director of marketing and PR firm Mainstream Financial, has joined its committee. He is also supporting Crimestoppers by Mainstream Financial providing PR and marketing services to promote the charity.

Stuart McCudden, Chair of Isle of Man Crimestoppers, thanked Isle of Man Bank for its donation and added:

We are fortunate that the Island has a low crime rate, but we must never become complacent about how much harm crime can do to those who are victims. Generous donations such as those from Isle of Man Bank are vital if we are to continue our work. I would also like to welcome Craig Wolstencroft to our committee, his PR and marketing expertise will be a great asset as we seek to promote Isle of Man Crimestoppers in the months and years ahead.

Paul Smith, Isle of Man Bank Board member, commented:

Isle of Man Bank is proud to continue its support of the excellent work being carried out by Isle of Man Crimestoppers. Statistics have shown our support is playing a major role in the fight against crime and promotes the aims of Crimestoppers throughout the Island. All calls to 0800 555111 are answered by Crimestoppers staff and only the relevant details relating to the crime are passed to the appropriate law enforcement agency. We believe our support of Crimestoppers helps get this message across.

Isle of Man Crimestoppers promotes the 0800 555111 hotline and the http://www.crimestoppers-uk.org website which are both anonymous methods which can be used to pass on information about crime. All calls are handled by the UK Crimestoppers Call Centre, so Manx callers can therefore be assured of their complete anonymity and information given online is also untraceable. The charity also promotes the Fearless website - http://www.fearless.org - aimed at encouraging more young people to help in the fight against crime.

Read this article:
Isle of Man Bank continues Crimestoppers sponsorship

Endeavour Mining Delivers Strong First Quarter Results Including 49,531 ozs Gold Produced

GEORGE TOWN, Cayman Islands, May 8, 2012 /CNW/ - Endeavour Mining Corporation ("Endeavour" or the "Corporation") (TSX: EDV.TO - News) (ASX: EVR.AX - News) (OTCQX: EDVMF.PK - News) is pleased to report the financial and operational results for the first quarter of 2012. Endeavour's two operating mines exceeded guidance by producing 49,531 ounces during the quarter at a cash cost (excluding royalties) of $664 per ounce produced.

Neil Woodyer, CEO, stated

"This was a very successful first full quarter as a merged company. Our mines produced over 49,000 ounces and delivered $38.9 million of cash margin. Recent exploration successes are demonstrating the upside potential at our operations. We are making steady progress advancing our construction-ready Agbaou project including discussions with the Cte d'Ivoire government to obtain our mining permit and, in parallel, we are finalizing the EPCM contractor selection. Endeavour is focused on continuing to deliver and achieve its growth objectives."

(All amounts in US dollars unless otherwise indicated)

First Quarter 2012 Financial and Operational Highlights

First Quarter 2012 Financial and Operational Highlights (con't)

Financial Statements and related MD&A will be available on SEDAR, the ASX website, OTC Markets website, and in the Investor Relations section of Endeavour's website http://www.endeavourmining.com.

In order to access the Corporation's financial statements directly, please click the following URL: http://files.newswire.ca/910/EDV_05082012.pdf

Mark Connelly, COO, stated

"The strong first quarter continues Endeavour's +2 year successful performance track record, and gives us a great start to deliver our full year production guidance of 170,000 to 190,000 ozs at $645 to $685 cash cost per ounce. Beyond the solid performance at our two mines, we are focused on completing the final steps in preparation for building our next mine, the Agbaou Gold Project in Cte d'Ivoire. We are nearing completion of our Agbaou engineering optimization studies that take into account our improved mineral resources/reserves from the successful drilling campaigns of 2010 and 2011 as well as updated capital and operating costs. This NI 43-101 technical report is scheduled to be ready within the next few weeks."

View post:
Endeavour Mining Delivers Strong First Quarter Results Including 49,531 ozs Gold Produced

Vistra Fund Services Adds Privium Capital Fund to Create Multi-Jurisdictional Platform

HONG KONG, May 8, 2012 /PRNewswire/ --

Vistra Fund Services (VFS) announced today the launch of its Privium Capital Fund product, a Cayman Islands-based umbrella fund structure. The Privium Capital Fund platform enables Vistra Fund Services clients to establish their own segregated portfolio or sub-funds and build fund management expertise located in four major jurisdictions - Hong Kong, Cayman, The Netherlands and the UK. Clients can benefit from a one-stop platform, with administration and related support provided by Vistra from its Hong Kong, Luxembourg or Jersey offices. Fund auditing will be covered by PwC Hong Kong, Cayman Islands and The Netherlands, with legal support provided by the leading offshore law firm Maples and Calder from the Cayman Islands. Banking and custodian arrangements can be specified by clients and are not limited to any one jurisdiction.

The Privium Capital Fund provides a simple and fast solution to the challenge of designing and establishing new fund structures. The streamlined approach allows for rapid fund establishment, with Privium providing support in the areas of marketing, set up and design, compliance and approval, physical office and risk management models. These are of particular relevance to those first time or start-up managers launching their funds.

Vistra Fund Services offers a full range of fund administration services using both the Advent and AIM systems platforms which are generally regarded as the gold standard in the industry. VFS has set up direct links with various prime brokers and custodians to allow for efficient reconciliation and settlement. VFS will also provide a range of other services including net asset value calculations, investor communication and reporting and anti-money laundering compliance checks.

Commenting on the launch, Charles Kwun, Managing Director of Vistra Fund Services Asia said, "The new Privium Capital Fund adds to our range of services and delivers a higher level of flexibility.

It allows clients to have fund and management separately domiciled in a range of locations of their choice, and offers tremendous savings in initial set-up and ongoing costs as well as a short implementation time, which we think will be of particular interest to the Far East and Asian markets. This new flexibility will also help to resolve other logistical factors such as time zone differences, communications and control."

About VistraFund Services

Vistra Fund Services ("VFS") is the fund administration and fund formation division of the Vistra Group, a leading global provider of corporate, fund administration, trust and fiduciary services.Vistra has 23 offices in 19 jurisdictions with specialist fund teams based in Jersey, Luxembourg and Hong Kong.

VFS offers a full range of fund administration services with a major focus on alternative investment sectors including hedge funds, real estate, private equity, venture capital and alternative assets.

VFS manages the fund's operations and offers our experience and guidance with regards to the choice of structure, jurisdiction, service provider, working procedures and regulatory matters. At VFS, each fund has a dedicated administration team responsible for the fund and the on-going relationship with the client for the lifecycle of the fund. Our team establish and administer a wide range of funds, and help clients develop bespoke solutions to support their daily fund operations.

See original here:
Vistra Fund Services Adds Privium Capital Fund to Create Multi-Jurisdictional Platform