Paul joined Fiduchi in July 2017 as Head of Operations & Risk and was recently appointed to the Fiduchi Board as Director of Operations. Having qualified as a Chartered Accountant in 2002, and subsequently attaining his STEP qualification and becoming a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW) in 2020. Paul has built a strong background in operations, finance, risk, compliance and client service delivery within the fiduciary industry.
Paul also worked for the Jersey Financial Services Commission in the supervision of trust company businesses. Paul is responsible for ensuring that the business is able to meet the needs of our clients by ensuring that our service platform and delivery is efficient, effective and robust on a day to day basis. He keeps the cogs working no matter what!
Outside of Fiduchi, Paul speaks fluent German, enjoys trekking, staying fit and is actively involved with the Jersey Cheshire Home, a local charity.
Director - Operations Paul Coundley examines the important legislative changes which have been been implemented about the disclosure and provision of information and interacting with the Companies Registry in Jersey.
The Government of Jersey has a long-standing commitment to Jersey being a well-regulated international finance centre, which complies with international standards in transparency. Such an approach can confuse clients as to the applicability of EU legislation to Jersey.
Corporate accountability has grown significantly over recent years and never has being a good corporate citizen ever been so important as it is today. What about if a company is engaged on a project seeking to derive benefits from natural resources, or to build infrastructure such as transportation networks or provide other significant technology as part of a Government’s investment and fulfilling its national strategy?
We're six weeks into 2020 and Brexit has happened. So now what do Jersey Financial Services and it's clients need to consider? It's time to look ahead to the rest of 2020 (and beyond) and consider what changes are on the horizon. However, whether anyone can truly do so with the clarity of 20/20 vision is questionable. What we do know is that the world in which our clients and we operate in continues to be one of uncertainty.
The Crown Dependencies, including Jersey, have all committed to bringing in legislation regarding economic substance in 2019. Fiduchi's Director of Operations Paul Coundley looks at one requirement of the legislation.
Protecting clients and their rights have been the focus of regulators across a range of industries for many years. None more so than in the financial services industry. The financial crisis brought to the fore the importance of how firms in the financial services industry manage clients and their assets.
Paul Coundley examines what makes Jersey and Fiduchi so appealing for international clients and their businesses look for a safe harbour in these uncertain times.
As future information requirements are identified, so we will look to engage with clients and their advisors as much as we are able, or legislation and regulations allow.