Cayman News

  • Further growth with eight promotions for Mourant

    August 16, 2019
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    Leading offshore law firm, Mourant, has announced eight promotions in its Cayman Islands office. Christopher Levers has been promoted to Counsel in the Litigation team.  His practice covers all areas of international commercial, insolvency and contentious trust litigation, and he has been a key team member in some of the firm’s largest and most complex cases in recent years....

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  • New Cayman Islands Representative to the UK and Europe Takes Up Post Next Month

    August 15, 2019
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    The Ministry of International Trade, Investment, Aviation and Maritime Affairs has appointed André Ebanks to be the Cayman Islands Representative to the United Kingdom and Europe with effect from Monday, 2 September 2019.

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  • Stronger stakeholder relationships a focus on CFATF progress

    August 7, 2019
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    GRAND CAYMAN (GIS) – Working relationships between local public and private sector agencies combatting money laundering and terrorist financing are growing stronger, thanks to ongoing work by National Coordinator for the Anti-Money Laundering Steering Group (AMLSG) Elisabeth Lees. Appointed to co-ordinate the Cayman Islands response to recent recommendations by the Caribbean Financial Action Task Force (CFATF) to improve the...

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  • Weavering: Privy Council decides that redemption payments in complex Cayman Islands case were preferences

    July 31, 2019
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    The Privy Council has published its decision in an appeal as to whether redemption payments made by an insolvent company (“Weavering”) were preferences over other creditors of the company. Bedell Cristin acted in the case.  On 29 July 2019, the Judicial Committee of the Privy Council (“PC”) published its decision in an appeal as to whether redemption payments made...

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  • Premier’s statement on progress against CFATF recommendations

    July 24, 2019
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    Statement on progress against CFATF Recommendations By Premier Hon. Alden McLaughlin, MBE, JP, MLA 24 July, 2019 Mr. Speaker support for the Cayman Islands Financial Services Industry remains one of the key priorities for this Government. The conditions that attracted financial services providers to these shores still underpin our success today – our adherence to the framework of English...

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