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Cayman Finance welcomes stable Moody’s rating
The recent news that rating agency Moody’s has maintained its Aa3 sovereign rating for the Cayman Islands has been welcomed by Cayman Finance, the organisation representing the financial services industry in the Cayman Islands.
JTC Group’s funds arm invests in new platform
The funds arm of JTC Group has invested in an IT platform. The company said it hopes FrontInvest will boost its capabilities in the funds sector.
Campbells grows funds practice with two hires
Law firm Campbells has added two attorneys to the firm’s growing investment funds practice.
100 Women in Hedge Funds names official charity
100 Women in Hedge Funds (100WHF), a non-profit organisation for professionals in the alternative investments industry, has named the Cayman Islands Crisis Centre (CICC) as the beneficiary of 2014 100WHF Cayman fundraising activities, including the inaugural 100WHFCayman Gala to be held on Saturday, May 3, 2014.
Contracts (Rights of Third Parties) Bill due in March
A new bill that changes the legal rights that individuals have when it comes to contracts has been published by the Cayman Islands Government and will be passed into law by mid-March.
Revised Exempted Limited Partnerships Law proposed
Proposals that revamp the existing Exempted Limited Partnerships Law have been published by the Cayman Islands Government and could be passed into law by mid-March 2014.
Ministry issues important FATCA clarifications
The Ministry for Financial Services on the Cayman Islands has issued an advisory note in relation to the implementation of FATCA, which includes some clarifications in relation to Cayman financial institutions.
Prepare for the unexpected: Cayman Finance
The Cayman Islands should prepare for the unexpected when it comes to regulatory change, according to Gonzalo Jalles, CEO of Cayman Finance, the organisation representing the financial services industry in the Cayman Islands.
JP Fund voted top fund administrator
JP Fund Administration, a specialist fund structuring and fund administration group with offices in the Cayman Islands, the UK, Switzerland and Singapore, has been voted one of the top fund administrators in the 2013 HFR Service Provider Rankings.
Insolvency filings hit three-year high
Insolvency petition filings in the Cayman Islands spiked more than 30 percent in 2013 compared with 2012, resulting in the highest number of filings in the past three years, according to Appleby, a provider of offshore legal, fiduciary and administration services.
