Incompetent directors escape record 111m fine
The highest court in the Cayman Islands has thrown out a record fine given to two directors who operated a fund which caused investors to lose millions.
The highest court in the Cayman Islands has thrown out a record fine given to two directors who operated a fund which caused investors to lose millions.
Infini Asset Management has opened its flagship product to third party subscriptions.
The Kijani Commodity Fund has switched domicile to the Cayman Islands as it opens up to European investors.
JTC Group has been granted a licence to provide its private client, corporate, fund and real estate services in the Cayman Islands.
Hypa Asset Management, formerly Hypa Management, has announced the launch of its Global High Income Fund, the first product it has released under the new trading name.
JTC Group has been granted a licence to provide its private client, corporate, fund and real estate services in the Cayman Islands.
HSBC is selling parts of its Cayman Islands corporate and retail banking business to Butterfield Bank.
Investors Trust Assurance (ITA) has added a portfolio bond to its product range which will specifically target the offshore expatriate market.
The ultimate owners of companies and trusts will have to be listed in public registers in EU countries, under draft anti-money laundering rules approved by the European Parliament on Tuesday.
As the deadline for public comment passed last week on a proposal to implement a public registry of beneficial owners in the Cayman Islands, companies and organisations with a presence there weighed in on the matter with most expressing criticism of the plan.
Ogier has awarded partnership status to two of its lawyers in the Cayman Islands and British Virgin Islands.
Two well-known Cayman Islands law firms have agreed to merge‚ while keeping the name of one of the two‚ Travers Thorp Alberga.