AML portfolio of Estera Law consolidated into Estera Trust
The Anti Money Laundering (AML) service portfolio of Estera Law (Cayman), formerly U Law Limited, will be consolidated into Estera Trust (Cayman) Limited following the announcement of a business affiliation relationship.
Maples appoints independent director within the fiduciary services team
The Maples Group, a provider of legal, fiduciary, fund, regulatory and compliance and entity formation and management services, has appointed Kim Bishop as a vice president and independent director within the fiduciary services team in the Cayman Islands.
MUFG to acquire divisions of fund administration business of Maitland
MUFG Investor Services, a global asset servicing arm of Mitsubishi UFJ Financial Group (MUFG), is to acquire select divisions of the fund administration business of Maitland, a privately owned global advisory, administration and family office firm.
Carey Olsen Cayman boosts trusts and private wealth team
Offshore law firm Carey Olsen has added to its trusts and private wealth practice in the Cayman Islands with the appointment of counsel Chris Duncan.
Cayman Government unveils plans for public register of beneficial ownership
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 backs creation of public register of beneficial ownership
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 partners with U Law; renames it Estera Law (Cayman)
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.
Paradigm Governance expands its fiduciary team
Paradigm Governance Partners, which offers independent director services, distressed fund and value recovery services and outsourced accounting services, has hired an experienced fund professional to assist the business in its rapid growth.
IQ-EQ appoints new client director to support growth in Cayman
IQ-EQ, an investor services group, has appointed Tedrick Green as Client Director to support its growing offering in Cayman.
Estera recruits BNY Mellon exec into funds unit
Estera, a global provider of corporate administration, funds and trust services, has appointed Sonal Patel as Managing Director, Head of Sales - Americas, Bermuda and Caribbean.
