Verras Professional Services Limited has been approved as a Listings Member of the Channel Islands Securities Exchange (CISE).
Verras Professional Services Limited holds a Category 1 and Category 2 membership of the CISE, enabling the firm to arrange and sponsor the listing of investment funds and debt securities on the CISE. Through its group affiliations, the firm is also able to arrange legal, fiduciary and marketing services for Channel Islands-based and international clients.
Verras Professional Services Limited is affiliated to MJ Hudson, The Alternative Asset Law Firm. MJ Hudson has offices in Jersey and Guernsey as well as London, Hong Kong and Switzerland.
Jonathan Bale, Director of Verras Professional Services Limited, says: “We are delighted that Verras has been admitted as a listing member to the CISE and our team looks forward to continuing working with the leadership team at the CISE. One of the attractions of the CISE to our clients is the fact that the CISE has wide international recognition, whilst being competitive on cost. We have always found the CISE team to be very responsive to our clients’ needs. Verras joining the CISE enables the MJ Hudson group to enhance the services it can provide to its clients.”
The addition of Verras Professional Services Limited means that there are now 40 Listing and Trading Members of the CISE.
Fiona Le Poidevin (pictured), CEO of the CISE, says: “We are pleased to welcome Verras as a new Listings Member of the CISE. We have a wide range of sponsors from a variety of disciplines and Verras is an excellent addition.
“Verras and its wider group is extremely well placed to introduce new business to the CISE and, as we have already seen with its first listing in December, particularly convertible bonds and loan notes. Convertibles have been a feature of new business in 2015 and we expect a further pipeline during 2016.”