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CLO market thrives as investors seek transparency
The total value of US-based collateralised loan obligations priced in the first half of 2014 was at its highest level in recent years, surpassing the total for the last half of 2013 by $22 billion, according to Appleby.
Walkers promotes three to partner on Cayman
Law firm Walkers has promoted ten lawyers to partner across its global network including three in the Cayman Islands.
Butterfield acquires HSBC’s Cayman assets
The Bank of N.T. Butterfield & Son has purchased certain corporate and retail banking assets of HSBC Bank (Cayman).
Walkers celebrates 50 years
Law firm Walkers held an event recently to mark the company’s 50th birthday.
Cayman fund registrations turn a corner
A steady decline in fund registrations since 2008 in the Cayman Islands ended in the second quarter of 2014, according to the data provider Eurekahedge.
Appleby donates to ten charities
Law firm Appleby has awarded cheques to several local charities following its inaugural charity day.
CIMA awards two scholarships
The Cayman Islands Monetary Authority (CIMA) has awarded two scholarships this year, as part of its Thomas Jefferson Memorial Scholarship programme. The recipients are Keisha James and Janique Samson.
Beneficial ownership registry talks ongoing
The Cayman Islands government and the governments of other overseas territories remain in talks with the UK on the issue of the proposed creation of a public central register of beneficial owners of companies.
Cayman Islands well placed as AIFMD transitional period expires
With the transitional period for the implementation of the European Alternative Investment Fund Managers Directive (AIFMD) having recently expired, the Cayman Islands is well placed to navigate the new regulatory landscape in Europe.
OECD gives detail on exchange of information mandate
The Organisation for Economic Cooperation and Development (OECD) has released the full version of its new global standard for the exchange of information between jurisdictions.