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Harneys poaches Appleby execs
Offshore law firm Harneys has expanded its global funds team by hiring two partners and one senior associate to the firm’s investment funds practice in the Cayman Islands.
Company registrations up by 17%
The Cayman Islands experienced a 17 percent increase in new company registrations in 2014 over the previous year, according to a report by Appleby. The size of the jurisdiction’s total registry also increased, up 4 percent over 2013.
CIMA and Cayman Finance defend Cayman following FIFA scandal
Both the Cayman Islands Monetary Authority (CIMA) and Cayman Finance have moved to defend the jurisdiction’s reputation following allegations and investigations in relation to activities of a number of FIFA officials including Jeffrey Webb, the former CONCACAF president and FIFA vice president.
Mourant Ozannes exec heads to Hong Kong
Offshore law firm Mourant Ozannes has appointed litigation partner Shaun Folpp to its Hong Kong office, where he will practice Cayman and British Virgin Islands (BVI) law.
Cayman welcomes OECD support on blacklist
The Cayman Islands Government has welcomed a message of support from the Organisation of Economic Cooperation and Development (OECD).
Cayman Finance ‘disappointed’ in EU blacklisting
Cayman Finance has said it is “disappointed” that the island has been blacklisted by the European Commission as a tax haven.
CIMA urges industry to ignore “baseless rumours” on EU passporting regime
The Cayman Islands Monetary Authority (CIMA) has moved to reassure the Cayman funds industry over uncertainty around whether Cayman Islands funds will be allowed to continue being marketed in EU countries under a passporting regime for non-EU funds.
Travers Thorp hires former Herbert Smith partner
Law firm Travers Thorp Alberga has lured a former partner at Herbert Smith Freehills to its offices in George Town.
Scotland reappointed to international boards
Cindy Scotland, the managing director of Cayman Islands Monetary Authority (CIMA), has been reappointed as deputy chairman of the Group of International Financial Centre Supervisors (GIFCS).
CIMA lures former BoE advisor
The Cayman Islands Monetary Authority (CIMA) has appointed Charles Ilako as head of its banking supervision division.
