Representing a significant development in the Cayman Islands’ transparency framework, the OECD/Council of Europe Convention on Mutual Assistance in Tax Matters has been extended to the jurisdiction, and will become effective on January 1 2014.
The Cayman Islands has kept its position as the most popular offshore jurisdiction for dealmaking in the third quarter of 2013, according to a report released by Appleby, a provider of offshore legal, fiduciary and administration services.
The Committee of Hearts for Hedge Funds Care Cayman (HFCC), the charitable organisation that helps abused or neglected children in Cayman, held a major fundraising dinner called the Open Your Heart to the Children on Saturday, November 16.
Appleby, a provider of offshore legal and fiduciary services, has acquired two of Coutts’ trust businesses.
The Hon. Wayne Panton, MLA, Minister of Financial Services, Commerce and the Environment, will be the keynote speaker at Ernst & Young's Global Hedge Fund Symposium, held in the Cayman Islands next month.
Law firm Walkers will hold its annual hedge fund seminar in November. 'Everything Offshore 2014' will hold events in New York and San Francisco.
Cayman law firm Campbells will hold its Cayman Fund Conference 2013 on Friday November 15at the Westin Casuarina Resort & Spa. The event will include a keynote speech by Patrick Bodden, deputy managing director of the Cayman Islands Monetary Authority, who will give a regulatory update on the Cayman Islands.
Intertrust, a provider of trust and corporate management services, has expanded its fiduciary team in the Cayman Islands and in Singapore.
Athena International Management, an independent directorship services provider in the Cayman Islands, has expanded its team and its geographic reach to include New York. Daniel Strachman, a financial services expert with more than 17 years of Wall Street experience, has joined Athena to provide corporate governance services to the alternative investment fund industry.
The Cayman Islands Monetary Authority (CIMA) recently partnered with the Association of Supervisors of Banks of the Americas (ASBA) and the Caribbean Group of Bank Supervisors (CGBS) to host a five-day Banking Analysis and Examination School for banking supervisors in the Caribbean.