Aztec Group News

Cross Border Aircraft Leasing Structures - Accounting complexity and structuring opportunity

Tuesday, June 04, 2013

Leasing is a very common type of transaction for off balance sheet financing for every business .However, with the proposed reform under IFRS, structuring international aircraft leasing can be complicated and operationally challenging. This article explores the benefit of structuring such lease through Luxembourg.  Read more...

Luxembourg Depositary Services - waiting in the wings...

Tuesday, June 04, 2013

Luxembourg has developed an unrivalled custody-banking industry and significant growth is expected as a result of AIFMD. This industry, however, will soon be supplemented by specialist providers such as Aztec Group n niche areas like private equity. Everything is ready and we anticipate authorisation following the adoption of the Reform Bill later this month. Read more...

AIFMD Form of MoU agreed

Thursday, May 30, 2013

Aztec Group Appoint a Chief Risk Officer

Tuesday, April 30, 2013

The Aztec Group is delighted to announce they have recently promoted Rylee Muddle, Senior Financial Reporting Manager, to their first Chief Risk Officer (CRO).

Rylee’s role as Chief Risk Officer will focus on providing overall leadership, vision and direction for enterprise wide risk management with the aim of leading the Aztec Group’s risk management function in the ever changing regulatory environment.

Rylee joined the Aztec Group in 2011 and has since been in charge of the accounting function within the Group’s Luxembourg office. Rylee has moved to Jersey to take up his new role as CRO and reports directly into Aztec Group’s CEO Edward Moore.

Edward commented ‘This is a significant appointment for the Aztec Group as we recognise the increasing importance of managing risk in our business and our responsibility to our clients. Rylee has the experience and leadership skills to deliver this role to full capacity and to ensure we continue to meet all regulatory requirements.’

Rylee is a certified chartered accountant and has twelve years’ experience in financial services. His experience includes banking, life insurance and private equity, having worked for UBS Capital in the UK, Ernst & Young in New Zealand and for the Suncorp Group across both New Zealand and Australia before joining the Aztec Group.

Rylee commented ‘I’m very much looking forward to my new role. My background is in risk and internal audit and I am confident my extensive advisory experience will be hugely beneficial in driving the Group forward in in my CRO role.’ Read more...

Look before you leap!

Thursday, March 21, 2013

On 19 March 2013 the FSA published its second consultation on the implementation of the Alternative Investment Fund Managers Directive (CP13-09; available here). Read more...

Aztec Group launches its third alternative marketing campaign

Monday, March 18, 2013

Tastebuds at the ready! For the third time the Aztec Group is encouraging private equity, venture capital and real estate fund managers to “Try a New Flavour” in fund services with its alternative “Beyond Gourmet” marketing campaign.  Read more...

AIFMD Transposition – 22 July 2013

Wednesday, January 16, 2013

The transposition of AIFMD into law should not be a cause for undue concern and we are keeping a very close watch on the evolving situation in each of the jurisdictions we operate in. Read more...

Aztec Group announces two senior promotions

Friday, January 04, 2013

Hayley Tanguy, has been promoted to Director in the Guernsey office and James Whittingham has been promoted to Associate Director in the Southampton office.  Read more...

Mark Wanless, Director at the Aztec Group, discusses how the Aztec Group has forged new path in fund administration

Monday, December 17, 2012

When the Aztec Group began in 2001, with a team of just five people operating from a small office in St Helier, Jersey, it saw itself as offering something a bit different.  Read more...

More on depositary services in Luxembourg

Wednesday, December 05, 2012

Aztec Luxembourg is in the final stages of preparing its submission for authorisation as a depository of assets other than financial instruments under new article 26-1 of the Luxembourg Law on the financial sector. Read more...