Cayman introduces opt-in AIFMD regime
The Cayman Island’s Government has published two draft bills which create regimes to allow managers to opt-in to reporting consistent with the Alternative Investment Fund Managers Directive (AIFMD) requirements.
EY exec leaves Cayman Finance board
Dan Scott, a director on the Cayman Finance board, will step down after five years in the role.
CIMA appoints new deputy division heads
The Cayman Islands Monetary Authority (CIMA) has appointed two senior officials.
BPM launches Cayman Islands office
California-based accounting and consulting firm Burr Pilger Mayer (BPM) has launched an office in the Cayman Islands.
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.
Walkers unveils big expansion plans
Law firm Walkers has revealed its plans to re-enter the corporate and fiduciary services business with the launch of Walkers Professional Services in mid-June.
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.
EisnerAmper adds Irish firm to network
Accountancy firm EisnerAmper, which has a big presence in Cayman, has added Dublin-based accountancy firm MKO to its recently established global network.