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.