JTC Group, a provider of corporate, fund and private client services, has been granted a licence to offer its full range of services in the Cayman Islands.
The firm has had a presence in the Cayman Islands since 2013 through an alliance office. It is now licenced to deliver its full range of services which include private client, corporate, fund and real estate services.
The company said its Cayman office will continue to build on its existing platform of services for private and international clients. This will include company incorporation and administration services and the provision of directors to companies and regulated funds.
The office will focus on establishing and servicing Cayman domiciled funds as well as listings of securities on the Cayman Islands Stock Exchange.
Stuart Pinnington, group head of corporate services, will oversee the Cayman office.
Pinnington said: “Obtaining this licence and investing into Cayman reinforces JTC Group’s commitment to providing our clients and investors with a truly international service. Many of our clients are based in Asia and the Middle East and have shown a keen interest in Cayman as a service centre and we are now able to offer them our full suite of services.
“Cayman is an exciting and necessary addition to our global footprint. It is viewed as a major international finance centre with a thriving financial services industry and is particularly attractive to private and institutional investors. It is also recognised as a leading jurisdiction for fund establishment which aligns with our growing funds practice.”
JTC Group, Stuart Pinnington