Some 60 volunteers from offshore law firm Mourant supported the Cayman Islands community by donating a total of over 180 hours to six local organisations during their annual Away Day, which was held on Thanksgiving Thursday.
The Government of the Cayman Islands has announced its intention to introduce a public register of company beneficial ownership. The move is in anticipation of public registers of beneficial ownership becoming the international standard, and at least implemented by the EU Member States by 2023, the necessary legislative changes are expected to be proposed in 2022, according to Conyers.
A bill is being introduced to strengthen the Cayman Islands beneficial ownership regime. The bill is expected to pass before the end of the year, according to Harneys.
The Government of the Cayman Islands has announced its intention to introduce a public register of beneficial ownership, in line with evolving standards and international obligations such as those reflected in the principles of the EU 5th Anti Money Laundering Directive.
Cayman Finance, the association of the Cayman Islands financial services industry, has backed the announcement by the Cayman Islands Government that it intends to introduce a public register of beneficial ownership, in line with evolving standards and international obligations such as those reflected in the principles of EU 5th Anti Money Laundering Directive.
Estera, a provider of corporate, funds and trust services, has announced the launch of legal services in Cayman Islands and Bermuda. Estera Law will provide legal services in Bermuda and the Cayman Islands which are aligned to clients’ individual objectives and preferences. Estera’s legal services will cover a number of practice areas such as corporate and commercial, regulatory, insurance and investment funds.
Global offshore law firm, Mourant, has announced two new Caymanian Articled Clerks have joined its corporate department, bringing the headcount in the Cayman Islands office to 90.
The Cayman Islands Monetary Authority (CIMA) hosted an anti-money laundering (AML) outreach session for bank licensees and representatives of regulated trust and corporate service providers (TCSPs) at the Westin Grand Cayman Governor’s Ballroom on Friday, 13 September.
The Alternative Investment Management Association (AIMA), the global representative for the alternative investment management industry, have been actively engaging with members at a series of educationally inspired events focused on the current regulatory landscape facing the industry.
Cayman Finance has acknowledged the positive impact of the Organisation for Economic Co-operation and Development (OECD) concluding that the Cayman Islands’ tax neutral regime is not harmful and meets all economic substance requirements.