The funds arm of JTC Group has invested in an IT platform. The company said it hopes FrontInvest will boost its capabilities in the funds sector.
The recent news that rating agency Moody’s has maintained its Aa3 sovereign rating for the Cayman Islands has been welcomed by Cayman Finance, the organisation representing the financial services industry in the Cayman Islands.
The timeframe in which companies can respond to the public consultation regarding beneficial ownership of Cayman Islands’ registered companies is about to close.
The Cayman Islands Society of Professional Accountants has been admitted as a full member into the International Federation of Accountants (IFAC), a global association for the accountancy profession.
The Cayman Islands remained the most popular jurisdiction for deal making globally in the fourth quarter of 2013, experiencing a six percent uptick in the number of deals and a 16 percent increase in total deal value over the previous quarter, according to a report released today by Appleby.
The Hedge Fund Association (HFA), the international not-for-profit organisation whose members include hedge funds and those engaged in the hedge fund industry, has revealed two co-directors who will run the body’s Cayman Islands Chapter.
Law firm Ogier has appointed a new partner into its Cayman Islands Corporate and Funds team.
The Financial Stability Board (FSB), the body established to coordinate the work of national financial authorities and international standard setting bodies in the interest of financial stability, has confirmed its designation of the Cayman Islands as a jurisdiction which demonstrates sufficiently strong adherence to international standards on cooperation and information exchange.
The Cayman Islands Government has launched a public consultation designed to help establish the best way of ensuring appropriate mechanisms exist to effectively maintain information on who owns and controls Cayman-registered companies and to ensure that information is readily available to the appropriate authorities.
RBC Wealth Management, part of the Royal Bank of Canada, has appointed Alison Parker as a trust director based in Grand Cayman.