ARTICLE · 19 NOVEMBER 2019

Cayman Fights Misuse Of Our AML Regime

Cayman Islands Government

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Government, regulators and the Cayman Islands private sector recently came together to better identify the risks of misusing legal persons and arrangements – such as companies, partnerships and trusts –

Cayman IslandsGovernment, Public Sector

Ministry Of Financial Services

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Government, regulators and the Cayman Islands private sector recently came together to better identify the risks of misusing legal persons and arrangements – such as companies, partnerships and trusts – as Cayman strengthens our fight against money laundering, terrorist financing and the financing of weapons of mass destruction.

About 150 persons attended the Friday, 8 November event, hosted by the Cayman Islands Monetary Authority (CIMA) and the Anti-Money Laundering Unit. Five presenters explained the various risks in which Cayman could be misused for financial crime to the audience of lawyers, accountants, realtors, financial institutions, and trust and corporate services providers.

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