January 20, 2021

Europe, the U.S. … or the Cayman Islands? Tackling the World’s Fund Barriers

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By Selma Lee Arch In the wake of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, U.S. private equity firms have been subjected to a variety of additional regulation, from Form PF to Securities and Exchange Commission registration. These firms have beefed-up their compliance and legal teams following the entry into force […]

KPMG loses Dutch Caribbean member firm following split

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From Curacao Chronicle The Dutch Caribbean division of KPMG has exited the global KPMG and rebranded as KDC Interim as of January 1, 2019, putting an end to KPMG’s presence in the region. WILLEMSTAD – The transition is based on a mutual decision reached between KPMG International and KPMG Dutch Caribbean, stated the global accounting and […]

It’s still booming in the west as Diggers & Dealers kicks off

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cBy Myriam Robin From Financial Review Analysts, fund managers, deal-makers and mining executives from the four corners of globe – including the Cayman Islands, naturally – flew into Kalgoorlie over the weekend for the famously boozy three-day mining extravaganza that is the 27th annual Diggers & Dealers conference. It’s the first shindig since the mining […]

EY captive specialist relocates to Cayman Islands in expanded role

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From Captive International James Bulkowski, senior manager at EY, will be relocating to the Cayman Islands from the US, effective July 9, and assuming an expanded role at the firm. In this new role, Bulkowski will help to further expand EY’s strategic captive insurance network expansion and commitment to the BBC market (Bahamas, Bermuda, British […]

Cayman Islands: Paradigm shift: disruption & the fintech effect

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By Article by Marco Calleja (EY) and Chris Maiato (EY) Cayman Finance From Mondaq Disruption, innovation and change are rapidly impacting the financial services industry across the globe, and the Cayman Islands will need to adapt to ensure the industry is poised for success in response to this paradigm shift. Not only will we face dramatic […]

Robots could help Australia’s banks cut 40,000 jobs over the next decade

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By PAUL COLGAN From Business Insider Reducing staff costs will be a central feature of Australian banks’ profit maintenance strategies over the coming years, according to analysts at Macquarie Private Wealth. They estimate digitisation and automation could help each of the four major banks cut up to 10,000 staff over the next five to 10 […]

EY: fintech adoption gathering pace

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By Raymond Hainey From Royal Gazette Doing business online has surged among consumers worldwide — including Bermuda. And the insurance sector globally has rocketed from being one of least used fintech services in 2015 to the second most popular this year. Chris Maiato, advisory leader for the Bermuda, Bahama and Cayman region at professional services […]

Ernst & Young Ltd. announces two senior leadership changes in Bermuda

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HAMILTON, Bermuda, Nov. 1, 2016 /PRNewswire-HISPANIC PR WIRE/ — Ernst & Young Ltd. today announced two leadership changes. David Brown will become the firm’s Senior Partner in Bermuda and Insurance Leader for the EY Bahamas, Bermuda, British Virgin Islands and Cayman Islands region, replacing Pete Cangany, who will retire from EY after 37 years with […]

Cayman Islands Premier’s Report on Project Future Update

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Project Future Update Report By Premier Hon. Alden McLaughlin, MBE, JP, MLA 8 June, 2016 In November, 2015, the Deputy Governor and I launched the “Programme Brief” for Project Future, establishing a comprehensive and far-reaching programme of public sector reform. Project Future is made up of 50 potential projects, which will drive efficiency, improve the […]

Calderwood launch brings new independent director firm to Cayman Islands

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From Hedgeweek Calderwood has officially launched and is now open for business in the Cayman Islands, providing experienced independent directors to a range of investment vehicles. Calderwood has been formed by Ronan Guilfoyle and Wade Kenny, both very well known in the Cayman fund sector, who together have over 17 years’ experience within the governance […]