Dave Sherwin > Ogier > Grand Cayman, Cayman Islands > Lawyer Profile

Ogier
89 NEXUS WAY
CAMANA BAY
GRAND CAYMAN KY1-9007
Cayman Islands

Work Department

Investment Funds

Position

Counsel, Cayman Islands

Career

Dave advises financial institutions, investment managers, administrators and other service providers on the regulatory aspects of the formation, operation and termination of all types of investment vehicles in the Cayman Islands. He works closely with both industry and government bodies on the development of new legislation, regulation and guidance pertinent to the Cayman Islands financial services industry.

Dave has established a reputation for providing clear, concise and practical advice on complex regulatory matters pertaining to the formation, ongoing operation and termination of all types of open-ended and closed-ended mutual funds, equity funds, hybrid funds and other investment entities domiciled in the Cayman Islands.

Dave has worked closely with industry bodies, the Cayman Islands Monetary Authority and the Cayman Islands Government on a number of significant recent regulatory and legislative developments and has advised AIMA (the Alternative Investment Management Association) and Cayman Finance in connection with various consultation responses.

A sought-after speaker at industry events in both the Cayman Islands and in New York, Dave has delivered training events for industry stakeholders regarding a number of Cayman Islands legal developments.

In addition, Dave has particular expertise in the establishment, operation and termination of Cayman Islands limited liability companies and the Cayman Islands beneficial ownership regime having served on relevant legislative sub-committees.

Education

Dave joined Ogier in 2020 from another leading offshore firm where he was part of the investment funds and regulatory groups.

Dave graduated from Oxford University and studied postgraduate law at the Bristol Law School, before joining the corporate group of leading Bristol firm Burges Salmon where for five years he specialised in downstream private equity acquisitions.

Lawyer Rankings

Cayman Islands > Regulatory and compliance

With its ‘regulatory lawyers embedded across various practice areas’, the multi-disciplinary regulatory and compliance team at Ogier is praised as ‘extremely helpful and thoughtful’. Spearheaded by Joanne Huckle, the investment funds regulatory group underpins the firm’s overall regulatory and compliance practice. Recently, Huckle has guided clients through the new private funds law, engaging with legislators and the regulator, as well as industry bodies, through participation in technical committees. Beyond its investment funds specialism, the other core areas of expertise for the firm’s regulatory practitioners include Economic Substance advice, regulatory licence applications to the Cayman Islands Monetary Authority, advice on anti-money laundering and data protection regimes, trusts regulations and beneficial ownership registers. Nick Rogers, James Heinicke, William Jones, Jennifer Fox, managing associate Fraser Allister and senior associate Praajakta Pargaonkar are adept at handling regulatory issues in their respective practice areas. Associate and data protection expert Cornelia Zhu is also a key name to note, and counsel Dave Sherwin joined from Maples Group in 2020 and works closely with the Cayman Islands Government and the Cayman Islands Monetary Authority.