News & Insights

News & Insights

Thoughts and happenings here at FCM.

FCM Trust announces promotions of two new Directors

FCM Trust, a respected global provider of private wealth and corporate services, has announced the promotion of Karen O’Hanlon and Franck Matthews to Directors on the FCM board, effective immediately. This change underscores FCM’s ongoing dedication to superior client service and its strategy for future growth. Karen O’Hanlon, Client Services Director, has over thirty years of experience in the private client sector, dealing extensively with UHNW families and their advisors across

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Will MONEYVAL impact Jersey being a jurisdiction of choice for financial services?

Will MONEYVAL impact Jersey being a jurisdiction of choice for financial services?

As a sector, Financial Services have been living “MONEYVAL” for a little while now. And although the assessment is later in the year, there is the distinct feeling of the calmness of a duck floating on a pond with the little legs paddling rapidly below! All interested stakeholders must be feeling the pressure of MONEYVAL, but is it something to overtly panic about? Can we as an Island do much more

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The importance of understanding your risk tolerance

The importance of understanding your risk tolerance

Risk means different things to different people, and this applies no more so than in the regulatory world. Each business has their own approach and differing mitigation tools and no two Business Risk Assessment templates will be the same. Of course there are some elements that we all need to consider under the new changes to the AML/CFT/CPF Handbook, but every business will also have their own unique considerations.   Personally

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Shining a spotlight on the Great Wealth Transfer

Estimates suggest that over the next thirty years, a record £5.5 trillion is predicted to be transferred between ‘baby boomers’ (the generation of individuals born roughly between 1946 – 1964) to ‘millennials’ (those born between 1981 – 1996), as either inheritance or gifts.  Often dubbed as the ‘’Great Wealth Transfer’’, this trend is currently a key area of focus for those working in the wealth management sector around the world. With

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FCM marks 25 years in the industry

FCM, one of the few remaining privately owned and managed Jersey trust companies, is celebrating its 25th anniversary. Since it was founded in 1997, FCM has gone from strength to strength as the fiduciary of choice for an increasing number of high-net-worth private clients and families, charities and corporates. The past couple of years have also seen four senior appointments to support this growth. Over the past year FCM has marked

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