News & Insights
News & Insights
FTS to host seminar on Roles of MLRO, AMLCO & Deputy MLROs
Following the Cayman Islands Monetary Authorities (CIMA’s) recent clarification on the various compliance roles of investment vehicles and other entities, local financial services training company, FTS, has announced it will ...
The UK’s recent decision on public registries: ineffective, discriminatory and out of touch
The UK parliament recently advanced legislation which will require some of its Overseas Territories to implement a public beneficial ownership registry by 2020 or face the prospect of the UK ...
CIMA confirms position on MLRO, DMLRO and AMLCO appointments to investment funds.
CIMA has recently clarified that it expects ‘natural persons’ to be appointed to the positions of MLRO, DMLRO and AMLCO to all financial services businesses, including investment funds. ...
Byles takes helm at Chamber of Commerce
At the Cayman Islands Chamber of Commerce’s annual general meeting on Wednesday afternoon, new Chamber President Paul Byles promised he will be dedicated to serving the entire business community. “We ...
Seminar to bring industry up to speed on newly revised Anti-Money Laundering Regulations
As the financial services industry looks to implement changes in their procedures to comply with the revised Anti-Money Laundering Regulations which came into effect earlier this month, a new seminar ...
The Cayman Islands AML regulations have changed. Now What?
There are several key amendments to the Anti-Money Laundering Regulations (2017), which came into effect in the Cayman Islands on October 2nd. Two of the key changes are summarized below: ...
