Financial Services: Regulatory | Global

The Maples Group financial services regulatory team in the Cayman Islands is highly respected for its assistance with CIMA compliance, judicial reviews and anti-money laundering matters, as well as advising on data protection and FATCA issues. It acts for a blue-chip client base in this field, leveraging its status as one of the fund formation powerhouses of the offshore world.

Walkers has a long-established regulatory practice that is particularly highly regarded for its expertise in Cayman Islands Monetary Authority (CIMA) compliance. This work covers guidance on licensing and registration in addition to AML advice. The law firm provides regulatory support to several leading private equity houses and trust companies, assisting with their preparation for strategic reviews and on-site CIMA inspections. The team is well versed in handling regulatory matters concerning data protection, virtual assets and cryptocurrency issues.

The financial services regulatory practice at Mourant is noted for its capabilities in assisting with all Cayman Islands Monetary Authority (CIMA) requirements, representing clients in judicial reviews as well as advising on the compliance requirements underpinning transactions and group reorganisations. The law firm is expert in handling AML and beneficial ownership questions as well as data protection and sanctions issues. It also represents clients in contentious matters.

Ogier has a growing financial services regulatory team in the Cayman Islands, which handles a wide range of matters. This includes counselling clients on compliance with Cayman Islands Monetary Authority (CIMA) regulations and AML concerns, in addition to advising on beneficial ownership and FATCA issues. The team is also adept at dealing with sanctions-related regulatory issues and assisting with regulatory matters in the digital asset space. Ogier's highly rated disputes practice is also well placed to assist with litigation and appeals arising out of regulatory issues.

Appleby has a notable Cayman regulatory team which possesses a growing reputation in the market. The group is frequently mandated by insurance companies, with considerable experience providing guidance on the regulatory aspects of licensing applications and proposed transactions. It is also well versed in the requirements of the Cayman Islands' economic substance regime. Other key clients include banks and fintech companies.

Conyers has a strong regulatory team which is recognised for its skills in advising on matters relevant to trusts. The law firm also fields an impressive Cayman insurance group which is regarded as a standout for regulatory issues in this arena. Conyers' broader practice sees it counsel clients on 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 and virtual asset service providers.