Existing Cayman contracts which confer rights or benefits on third parties should be reviewed to check to what extent they can or need to be amended, according to Solomon Harris, in light of the recently approved Contracts (Rights of Third Parties) Law 2014.
The Cayman Islands Society of Professional Accountants (CISPA), one the largest and longest established professional societies in the Cayman Islands, has appointed Sheree Ebanks its first CEO.
Law firm Walkers has appointed Jason Allison as a partner in the global investment funds group in its Cayman Islands office.
UK-based investment boutique Camomille has launched an innovative Cayman domiciled fund, which systemises the trading behaviour of humans as reflected in the equity markets.
Financial services advisory firm Kinetic Partners has made promotions across its global teams including one staff member based in the Cayman Islands.
Financial service provider International Management Services (IMS) has promoted Geoff Ruddick to head of funds and the board of directors.
International law firm Maples and Calder has appointed 12 new partners across its global offices including five in its office on the Cayman Islands.
The Cayman Islands Monetary Authority (CIMA) has signed a pledge that means it is committed to gender equality.
Mitsubishi UFJ Fund Services, a global asset administrator, has acquired Meridian Fund Services Group, a fund administrator with $14 billion of assets under administration. Both firms have a presence in the Cayman Islands.
Maples Fund Services, the global funds service provider with a substantial presence on the Cayman Islands, has extended its regulatory reporting service to incorporate Annex IV reporting for Alternative Investment Fund Managers Directive (AIFMD).