Financial Services: Regulatory
Global Guide 2024 : Cayman Islands
Band 3
Email address
[email protected]Contact number
+1 345 945 3901About
Provided by Conyers
Count on us to provide calm, authoritative guidance on all your Cayman Islands regulatory and risk management requirements. We can help you with everything from proactive guidance, insight into regulatory developments and dealing with regulatory bodies to advising on investigations and providing robust representation where litigation arises.
As the regulatory environment continues to tighten and become more complex and with stronger enforcement by regulators, your dedicated Conyers Regulatory & Risk Advisory team can assist you with our comprehensive advisory and litigation capability. We aim to support our clients at all points of contact involving regulation, from advising on policy and compliance through to counselling on investigations, should that be necessary, and representing you in disputes with the regulatory authorities.
Our Regulatory & Risk Advisory team comprises lawyers who have extensive expertise in both corporate law and litigation, offering you an overarching perspective on regulation and providing peace of mind in what can often be highly fraught situations. Our team is headed by experienced litigator and regulatory specialist Róisín Liddy-Murphy.
We have specialist expertise in and knowledge of the regulatory environment in many key sectors, including insurance, funds, trusts and private clients.
Chambers Review
Conyers has a strong regulatory team which is recognised for its skills in advising on matters relevant to trusts. It also handles a number of FATCA regulatory matters in Cayman and the BVI, as well as providing guidance on insurance regulations and AML legislation. In addition, the department assists with beneficial ownership, sanctions and data protection mandates. The team is further experienced in addressing regulatory requirements relating to decentralised autonomous organisations (DAO) and virtual asset service providers.
Work Highlights
- Conyers assisted a US high net worth individual with the regulatory considerations pertaining to their establishment of a Cayman-domiciled foundation complying with the Cayman Islands Virtual Asset Service Provider Act and economic substance legislation.
Strengths
Provided by Chambers
"Conyers' lawyers have great insights and broad experience."
"Conyers' insurance, financial and regulatory team has the combined local, international and interdisciplinary knowledge required to successfully handle complex matters in a professional, commercial, timely, pragmatic and cost-effective manner."
"Conyers consistently delivers a professional, commercial and highly responsive service on each and every instruction."
"Conyers' lawyers have great insights and broad experience."
"Conyers' insurance, financial and regulatory team has the combined local, international and interdisciplinary knowledge required to successfully handle complex matters in a professional, commercial, timely, pragmatic and cost-effective manner."
"Conyers consistently delivers a professional, commercial and highly responsive service on each and every instruction."
Notable Practitioners
Derek Stenson is an experienced lawyer with particular regulatory expertise concerning AML inspections conducted by the Cayman Islands Monetary Authority. He also assists with regulatory compliance in the insurance sector.
"Derek is a pleasure to deal with and has a very strong breadth of experience."
"He is an extremely knowledgeable and astute lawyer who is well versed in the subject and highly dependable, consistently delivering solid, clear, commercial and pragmatic guidance."
Róisín Liddy-Murphy is head of Conyers' regulatory and risk advisory practice. She advises clients on a range of regulatory work, including FATCA, beneficial ownership and anti-money laundering issues, as well as data protection and cybersecurity matters.
"She is exceptional under pressure and always delivers well-considered advice."
Ranked Lawyers at
Conyers
Cayman Islands