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.
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 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.
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.
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, 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, 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 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, an investor services group, has appointed Tedrick Green as Client Director to support its growing offering in Cayman.
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.