As a result of the COVID-19 lockdown Estwick was sworn in virtually.
The admissions were the first to be heard in the Grand Court of the Cayman Islands since the Covid-19 pandemic.
It is all part of the global effort to increase transparency in financial services and tackle illicit finance.
The regulator has also appointed a Deputy Head of Internal Audit.
Currently SFOs fall within Schedule 2A of SIBL as a “non-registrable person”.
The Eurekahedge Hedge Fund Index was up 1.42% in June.
The two newcomers have extensive experience in the funds industry.
The new law may capture some entities that did not need to register previously.
The body has examined the rate of adoption of alternative data within the global hedge fund industry.
The Ministry of Financial Services said it remains in close contact with the EU Commission