The Caymanian is also a beneficiary of the Walkers Internship Programme.
The programme provides comprehensive practical training in the main areas of legal work undertaken by the firm.
The fine was imposed for the company’s failure to comply with the following legislative requirements of the Anti-Money Laundering Regulations.
The new attorney-at-law joins the firm’s Corporate practice as an Associate.
It is the first time it has had four Articled Clerks – an indication of its commitment to developing Caymanian talent.
Due to physical distancing guidelines at this time, the Court permitted the admissions to be streamed remotely.
As a result of the COVID-19 lockdown Estwick was sworn in virtually.
The admissions were the first to be heard in the Grand Court of the Cayman Islands since the Covid-19 pandemic.
It is all part of the global effort to increase transparency in financial services and tackle illicit finance.
The new law may capture some entities that did not need to register previously.