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Dec 4, 2024 | 
hedgeweek.com | Christopher Capewell |Patrick Head |Ellen O’Brien |Lisa Page
PARTNER CONTENT Written by: Christopher Capewell, Patrick Head, Ellen O’Brien, and Lisa Page Maples Group In October 2024, the Cayman Islands Tax Information Authority (“TIA”) issued a significant number of Common Reporting Standard (“CRS”) Breach Notices to entities that are registered as Reporting Financial Institutions (“Reporting FIs”) on the Cayman Islands Department for International Tax Cooperation’s (“DITC”) Portal, which each omitted to file their CRS return (or CRS Filing...
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Aug 16, 2024 | 
motorsportmagazine.com | Patrick Head |Graham Keilloh |David Tremayne
After all the years of disappointment, Nigel Mansell faces his sternest test as he dons the world champion's mantle. David Tremayne looks back on the Briton's drama-fuelled ascent to F1's peak Adelaide 1986 seems so very far away now, doesn’t it? Nigel Mansell drove such a perfect race there, avoiding confrontation, holding back, putting himself in just the right position and taking nothing more out of the Williams-Honda than he had to. Third place was all he needed to win the World Championship.
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Aug 15, 2024 | 
motorsportmagazine.com | Patrick Head |Graham Keilloh |David Tremayne
After all the years of disappointment, Nigel Mansell faces his sternest test as he dons the world champion's mantle. David Tremayne looks back on the Briton's drama-fuelled ascent to F1's peak Adelaide 1986 seems so very far away now, doesn’t it? Nigel Mansell drove such a perfect race there, avoiding confrontation, holding back, putting himself in just the right position and taking nothing more out of the Williams-Honda than he had to. Third place was all he needed to win the World Championship.
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Aug 2, 2024 | 
mondaq.com | Christopher Capewell |Julian Ashworth |Patrick Head |Philip Dickinson
The Cayman Islands' new beneficial ownership regime was
brought into force on 31 July 2024, however, the Ministry of
Financial Services and Commerce (the "Ministry") has
confirmed there will be no enforcement of the new requirements
until 1 January 2025. Thousands of entities will now fall into the
scope of the beneficial ownership regime for the first time and
those already filing beneficial ownership details will need to
review their reporting requirements under the new rules.
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May 8, 2024 | 
mondaq.com | Christopher Capewell |Patrick Head |Adam Huckle |Tim DAWSON
The Cayman Islands Anti-Money Laundering Regulations (the
"AMLRs") were amended on 19 April 2024 when the
Anti-Money Laundering (Amendment) Regulations, 2024 came into
force.
Tidy-Ups
The bulk of the changes were to make it clear that compliance
requirements apply not only in the context of anti-money laundering
("AML"), but also in application of counter-terrorist and
proliferation financing measures.
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Apr 29, 2024 | 
mondaq.com | Patrick Head |Adam Huckle |Lisa Page
DURATION 15 minutes Now Live In this Regulatory 15/15 podcast, Partners Patrick Head and Adam Huckle and Associate Lisa Page from our Regulatory & Financial Services Advisory team discuss the following Cayman Islands topics: DITC Bulletin and Ongoing Enforcement New CSV Technical Guidance on Beneficial Ownership Filings Russia Sanctions – New Specific Licensing Ground (Divestment) FATF Recommendation 15 VASP Activity FATF Recommendation 24 Guidance on Beneficial Ownership and Transparency of...
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Mar 26, 2024 | 
motorsportmagazine.com | Gordon Cruickshank |Simon Taylor |Patrick Head |Matt Bishop
By the turn of the decade from the 1970s to '80s, F1 was still brimming with with top class drivers – but two were head and shoulders above the rest, writes Matt Bishop Oscar Piastri did not win his home grand prix on Sunday. Neither did Daniel Ricciardo. In fact no Australian has won his home grand prix since it became a round of the Formula 1 world championship, which welcome development took place in 1985.
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Mar 20, 2024 | 
mondaq.com | Christopher Capewell |Julian Ashworth |Patrick Head |Philip Dickinson
On 24 November 2023, the Parliament of the Cayman Islands passed
the Beneficial Ownership Transparency Act, 2023 which was later
gazetted on 15 December 2023 (the "Act").
Although, the Act is not yet in force, the new provisions are
expected to be introduced very shortly in a phased approach
throughout the course of 2024. Once in force, the Act will bring
fundamental changes to the existing Cayman Islands beneficial
ownership regime (the "BOR").
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Jan 29, 2024 | 
motorsportmagazine.com | Mark Hughes |Patrick Head |James Elson |Nigel Roebuck
Beat Red Bull. It’s the only target for F1 rivals with hopes of winning the championship. But given its supremacy in 2023, can any team hope to overhaul the reigning champions? Given that Red Bull has won 86% of all grands prix since the last major regulation changes in 2022, the omens aren’t good.
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Aug 17, 2023 | 
mondaq.com | Christopher Capewell |Patrick Head
The Regulatory 15/15: August 2023 Now Live In this Regulatory 15/15 podcast, Partners Chris Capewell, Patrick Head and Professional Support Lawyer Jennifer Parsons from our Regulatory & Financial Services Advisory team discuss the following Cayman Islands topics: Financial Action Task Force (FATF) Update Organisation for Economic Cooperation and Development (OECD) Pillars One and Two Department for International Tax Cooperation (DITC) Update Updates Bulletin Common Reporting Standard (CRS)...
