March 7, 2021

SMP partners to expand in Cayman Islands

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SMP Partners and Cayman National Corporation Ltd. (CSX: CNC) KY (“CNC”), today announced that SMP has entered into a purchase and sale agreement to acquire the book of business and certain staff of Cayman National Trust Co. Ltd., in the Cayman Islands. SMP Partners Group Chairman Steve McGowan said, “This acquisition cements our position in […]

SMP Partners buys Royal Bank of Canada offices in Caribbean

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By Mark Battersby From International Adviser Isle of Man headquartered SMP Partners Group has acquired offices in the Cayman Islands and Barbados following completion of its purchase of Royal Bank of Canada’s trust, fund administration and custodian business in the Caribbean. The international corporate and trust service provider, which acquired its first Caribbean regional office […]

Cayman Islands OfReg conducts second public consultation exercise

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Grand Cayman, Cayman Islands – 2 May 2017 – The Utility Regulation and Competition Office (‘OfReg’) advises that it has launched its second public consultation exercise which is open from 1 May 2017 until 1 June 2017 at 5 p.m. The purpose of the consultation is to get the public’s input on the criteria and […]

Caribbean expansion for island based SMP

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From iom Today SMP Partners Group has completed the acquisition of Royal Bank of Canada’s (RBC) trust and fund administration business in the Bahamas, expanding its operations into the Caribbean. It will operate from offices in Lyford Cay, with Stephen Turner, CEO – Caribbean Region, leading the team and Deidree Bain, director, who is transferring […]