We are able to provide advice and assistance on a broad spectrum of compliance and regulatory issues affecting both local and international financial institutions. Our experience in these areas includes the following:

  • Advising local institutions on issues arising with the Cayman Islands Monetary Authority, including on-site inspections, regulatory and disciplinary issues and the granting/revocation of licences.

     

  • Assistance to local financial institutions with issues arising from suspicious transactions and the reporting of these transactions to the reporting authority.

     

  • Assistance with local or overseas requests which may be made to financial institutions in the course of money laundering investigations.

     

  • Advice on due diligence procedures and practices to be adopted in accordance with current legislation, regulations, written guidance and industry best practice.

     

  • Drafting of internal compliance manuals and assistance with internal anti-money laundering training.