The Cayman Islands Monetary Authority (CIMA) has appointed Heather Smith, the deputy head of its investments and securities division as the head of the unit following the resignation of Yolanda McCoy.
Three executives at Connecticut hedge fund New Stream Capital have pleaded guilty in federal court to charges they misled clients in relation to Cayman Islands-based funds to keep the firm’s largest investor.
Cayman investment funds are advised to carefully consider their due diligence obligations as the implementation of the US Foreign Account Tax Compliance Act (FATCA) looms, according to Maples.
The methodology used by the Financial Action Task Force (FATF) in its peer review process has the potential to discriminate towards the Cayman Islands because the methodology is much more subjective than it was in the past.
Directors of Cayman corporate regulated hedge funds and start preparing now to ensure they are compliant with new regulations being introduced by the Cayman Islands Government on licencing and registration for directors of Cayman Islands corporate regulated funds, Solomon Harris has warned.
Athena International Management, an independent directorship services provider in the Cayman Islands, has expanded its corporate governance team for the second time in the last six months.
Law firm Conyers Dill & Pearman has made promotions across its global teams, including two appointments in the Cayman Islands. Six attorneys have been appointed to the role of partner or director.
The Cayman Islands chapter of the global organisation 100 Women in Hedge Funds (100WHF) will hold its inaugural charity gala dinner on Saturday 3 May 2014 at the beautiful Tiki Beach, Seven Mile Beach, Grand Cayman.
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has appointed three new directors to its global council, its governing body.
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has published a new set of practical guides for hedge fund managers wishing to comply with the Alternative Investment Fund Managers Directive (AIFMD).