The Guernsey office of Alter Domus has received approval from the Guernsey Financial Services Commission to provide a wider range of products and services including the ability to administer unregulated companies and trusts and to act as a full Corporate Services Provider to its clients.
The firm applied for the License under The Regulation of Fiduciaries, Administration Businesses and Company Directors in late 2011 and was advised of the approval in January. Since April 2009, Alter Domus Guernsey has been licensed to provide fund administration services pursuant to the Protection of Investor (Bailiwick of Guernsey) Law 1987. The firm’s clients now include some of the foremost private equity and real estate funds in the region.
Alter Domus is an independent provider of professional administration services for multinational corporations and alternative investment funds. Since 2007 it has established 14 new offices and desks worldwide.
“Alter Domus is dedicated to expanding our service offerings worldwide in response to the needs of our clients,” says Dominique Robyns (pictured), chairman of Alter Domus. “With this new approval, we look forward to providing a full suite of fund administration and corporate management services in Guernsey.”
“Clients who are present across multiple jurisdictions often seek to streamline administration tasks so that they can better focus on meeting their global strategic objectives,” says James Brasher, the Channel Islands CEO for Alter Domus. “By delivering corporate management services as well as fund administration services in Guernsey, Alter Domus offers clients the convenience of working with a single service provider in this jurisdiction. Moreover, to further assist clients in efficiently and effectively address their needs in leading jurisdictions worldwide, Alter Domus designates a single global point of contact for each client. This unique contact is familiar with all aspects of the client’s account and coordinates all activities across every jurisdiction in which Alter Domus is providing services to them.”
