Cayman News

  • Bedell Cristin makes substantial investment in Cayman

    March 3, 2021
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    Bedell Cristin has moved to new offices in Cayman, part of a significant and strategic commitment to the jurisdiction. The firm has moved its employees to new and innovatively designed offices in 18 Forum Lane, Camana Bay, the latest step in its plans to enhance its presence in Cayman since it merged with leading local firm, Solomon Harris, in...

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  • Cayman Commits to Demonstrating AML Effectiveness

    February 25, 2021
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    The Cayman Islands has satisfied 60 out of 63 FATF Recommended Actions. The Cayman Islands Government is already making progress in completing the remaining three issues of the Recommended Actions. See here and here. GRAND CAYMAN (GIS)- Noting that the Cayman Islands has been adjudged to have satisfactorily completed 60 of 63 recommended actions to strengthen its AML/CFT (anti-money...

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  • Mourant teams praised by Chambers and Partners

    February 24, 2021
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    Leading legal and governance services firm Mourant has been recognised in the Chambers and Partners Global 2021 rankings in the Cayman Islands for their “responsiveness” and “excellent knowledge of Cayman-specific legal issues”. This year, the Corporate & Finance team has risen to Band 2, whilst maintaining Band 2 rankings in both Dispute Resolution and Investment Funds. Client feedback identified...

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  • 2020 figures highlight resilience of Cayman International Insurance

    February 22, 2021
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    Cayman’s international insurance industry was not immune to COVID-19’s impact on the global economy posted strong 2020 captive returns per the Cayman Islands Monetary Authority (CIMA)’s recently published 2020 captive statistics. The Cayman Islands ended 2020 with 36 new insurance company formations, the largest annual increase since 2017. Accompanying the new B (31), C (3) and D (2) licenses,...

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  • Maples Group Continues COVID-19 Relief Support with Additional US$117,800 Donation

    February 19, 2021
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    The Maples Group is proud to announce that it has donated an additional US$117,800 for a total of over US$390,000 to local organisations in a continuation of the Group’s philanthropic efforts to support organisations that are providing critical and essential services through COVID-19. The Group remains committed to supporting the Cayman Islands community and would like to express its...

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