Government seeks feedback on regulation
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 appoints trust director
RBC Wealth Management, part of the Royal Bank of Canada, has appointed Alison Parker as a trust director based in Grand Cayman.
Insolvency filings hit three-year high
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 boosts team of fund directors
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 voted top fund administrator
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.
AIMA reveals new CEO
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.
Prepare for the unexpected: Cayman Finance
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.
Cayman and US officially sign FATCA
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.
Cayman companies surpass pre-recession levels
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 sponsors legal bursary
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.