Two years since it was formed, the Cayman chapter of 100 Women in Hedge Funds is going from strength to strength. Membership numbers are hitting record levels, it has exceeded expectations in terms of education and philanthropy, and will formally incorporate peer leverage into its programme for 2015.
Hedge Funds Care Cayman has done a lot of good work since it was formed 10 years ago. Here, a number of those closely involved with the charity describe its achievements and what it hopes to achieve in the future.
The plan floated by the UK government to introduce a centralised and public register of beneficial ownership for UK companies, while encouraging its overseas territories and crown dependencies to do the same, is a sensitive issue with wide implications, as Sharon Williams from U.S. Bancorp Fund Services explains.
The Court of Appeal’s reversal of an earlier judgment relating to the Weavering case has many implications for future cases relating to the behaviour of directors and the effect and operation of exculpation clauses, as Shaun Folpp, partner of Mourant Ozannes, explains to Cayman Funds.
Expectations concerning, and the fund environment around, corporate governance have changed greatly in recent years but there will never be a one-size-fits-all solution, as Susan Lock of Campbells explains.
The implementation of Topic 606 is designed to create a common revenue standard to improve comparability of revenue recognition across entities, industries, jurisdictions and capital markets. Todd Hankin, Matthew Maulbeck and Ben Leung of EisnerAmper examine what it is, what it does and its consequences.
While Cayman remains the offshore domicile of choice, it is seeing a different type of start-up driven by higher costs and regulatory hurdles, as Rick Gorter and Dan Smith from Trident Fund Services explain to Cayman Funds.
The subject of ‘split boards’—engaging independent directors from different fiduciary firms—continues to be a topic of debate when considering board composition. Geoff Ruddick provides some insight.
Yolanda Banks McCoy was a regulator for 17 years before she decided she needed a new challenge. Now a director at Highwater, she spoke to Cayman Funds on the transition from government to the private sector and how the move has changed her perspective on many things.
Rarely will the Cayman regulator have encountered such entrenched opinions as it has since it suggested publishing a public database of directorships. The market has grave concerns about the proposals, as Cayman Funds discovers.