Insolvency petition filings in the Cayman Islands spiked more than 30 percent in 2013 compared with 2012, resulting in the highest number of filings in the past three years, according to Appleby, a provider of offshore legal, fiduciary and administration services.
Carne Group, a global provider of independent fund governance and oversight solutions for investment funds, has named Michelle Wilson-Clarke as the latest addition to its team of Cayman Islands fund directors.
JP Fund Administration, a specialist fund structuring and fund administration group with offices in the Cayman Islands, the UK, Switzerland and Singapore, has been voted one of the top fund administrators in the 2013 HFR Service Provider Rankings.
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has announced that Jack Inglis will take over as CEO of the organisation on February 1, 2014.
The Cayman Islands should prepare for the unexpected when it comes to regulatory change, according to Gonzalo Jalles, CEO of Cayman Finance, the organisation representing the financial services industry in the Cayman Islands.
The Cayman Islands and the US have officially signed an agreement that paves the way for the automatic exchange of tax information under US FATCA.
In the first half of 2013, the number of active companies in the Cayman Islands surpassed its peak figure recorded in pre-recession 2008 and was on track to experience an 8 percent increase over the second half of 2012.
Dillon Eustace, the Irish and Cayman financial services law firm, is working in conjunction with the Truman Bodden Law School of the Cayman Islands to introduce its new initiative, the Dillon Eustace Travel Bursary Award.
AIMA, the global hedge fund association, has announced a new chair and deputy chair of the AIMA Investor Steering Committee (ISC), which features institutional investors in hedge funds from around the world and undertakes educational initiatives.
Carne, a global provider of independent fund governance and oversight solutions for investment funds, has appointed Laren Gillespie to its team of Cayman Islands independent fund directors.