Cryptocurrencies, blockchain and similar financial technologies hold enormous potential for the Cayman Islands, and it can take a leadership position in how they are regulated. Jude Scott, chief executive officer of Cayman Finance, explains how the newly launched Cayman Finance Innovation Lab is seeking to set the pace for the rest of the world.
Trident Trust, the independent corporate, fiduciary and fund administrator, is reminding Cayman Islands-domiciled funds – including private equity funds – that they could face fines of up to CI$500,000 and, in some cases, imprisonment for two years, if they fail to comply with updated anti-money laundering regulations, which were introduced in October 2017.
Accounting & Tax
Fund Administration Channel
Law & regulation