Carey Olsen has advised Centralis Group on the establishment of a new fund and corporate administration service provider in Jersey, Centralis Jersey Limited.
Centralis Jersey Limited will be regulated by the Jersey Financial Services Commission for Trust Company Business and Fund Services Business.
Centralis now offers full coverage across the Channel Islands, having acquired Admina Fund Services, an organisation founded and based in Guernsey, earlier this year.
The Carey Olsen Jersey corporate team advising Centralis on its regulatory application to establish in Jersey comprised partner Robert Milner (pictured), counsel Arindam Madhuryya, associate Thomas Bulfin and trainees Danielle Hawkins and Alexander Touzel.
Robert Milner commented: “It is always great to welcome a new business to Jersey. It was a pleasure to support Centralis with the establishment and regulation of its local fund and corporate offering and here, we were able to work with the client and the JFSC to obtain the regulatory approvals within a very short timeframe.”
Aidan Foley, founder and CEO of Centralis, commented: “We are delighted to have partnered with Carey Olsen on this important milestone for Centralis. Their deep expertise and collaborative approach were instrumental in helping us establish our Jersey fund and corporate administration services efficiently and effectively. We look forward to continuing our strong relationship as we expand our presence across the Channel Islands.”
