Industry News

Maples and Calder is pleased to announce the appointment of its Global Managing Partner, Henry Smith, to the global Council of the Alternative Investment Management Association (AIMA) following a membership vote at the association's AGM in London on 20 September 2012. Mr. Smith will be one of two representatives for the Americas region on the Council.

A tax shelter, it seems, is in the eye of the beholder.

In the wake of Republican presidential nominee Mitt Romney's disclosure Friday of his tax 2011 returns, President Barack Obama's campaign charged that the returns show Romney is dodging some of his tax obligations.

The Cayman Islands has been granted top billing of “Offshore Domicile of the Year” at the 2012 Captive Live conference in Chicago.

Hosted by Captive Review magazine, the conference hosts more than 400 captive management professionals and captive owners from across the United States.  

  The Cayman Islands Monetary Authority (CIMA) is pleased to announce the appointment of Mr. Alan Morris to the position of Chief Actuary, reporting directly to the Managing Director. “Mr. Morris will ensure the integration of risk modeling into the risk management framework and will provide analytical support and technical guidance to the various Divisions within CIMA,” Managing Director, Cindy Scotland said. “We are pleased to have him as part of the CIMA team.”

Offshore law firm Walkers has boosted its insolvency, restructuring and litigation practice in Asia with the transfer of counsel Tim Haynes from Cayman Islands to Hong Kong.