Walkers advise Cavenwell on expansion to Jersey

Our team in Jersey are pleased to have advised the Cavenwell Group (Cavenwell) on establishing a new private client trust company business, which has particular expertise in digital assets.
 
Investment Funds & Corporate partner Dilmun Leach and senior counsel Sarah Townsend assisted Cavenwell on their successful trust company business registration through the Jersey Financial Services Commission (JFSC).
 
The newly established Jersey business will provide bespoke, digitally enabled global wealth structuring and administration solutions to entrepreneurs, HNW individuals and their families.

Dilmun said: "We are delighted to have had the opportunity to work closely with longstanding client the Cavenwell Group on their expansion into Jersey. This is the latest of a number of applications we have made to establish new regulated businesses in Jersey, and we are pleased to see continued growth in the Jersey financial services industry."  
 
Cavenwell founder & CEO Andrew Horbury said: "As a business with strong Jersey roots, we are delighted to have launched our Jersey business and look forward to offering Jersey trusts, corporates and foundations to our global client base in addition to our existing products. We are grateful to the Walkers team for guiding us through the JFSC regulatory approval process and look forward to working together as our business grows."     
 
Our Investment Funds & Corporate and Regulatory & Risk teams have extensive experience working with the JFSC to successfully obtain all types of regulatory licences for our clients.