DMS Managing Director
Derek Delaney and Executive Director
Nicholas Parkes discuss the firm's innovative regulatory
solutions with respect to FATCA and AIFMD, in Hedgeweek Special Report
2015.
DMS Offshore Investment Services ('DMS') Limited was
established in the Cayman Islands by Don Seymour in 2000. Over the
past 15 years it has grown into one of the industry's leading
fund governance firms with over 200 people.
One of the big focuses for the firm is ongoing regulation, in
particular AIFMD and FATCA. With respect to FATCA, DMS stole a
march on its competitors in 2014 by establishing a FATCA
Responsible Officer (FRO) role.
"Our principal, Don Seymour, identified FATCA as an area to
work on three years ago. We got the teams set up, the systems and
the processes set up so that when managers came to us, we were
ready from day one to support them in respect to FATCA
compliance," comments Derek Delaney, Managing Director of DMS
Offshore Investment Services
