Snapshot: Cayman Islands funds and the role of AML officers

Reported by: Martin Byers of Ogier To comply with applicable regulations in the Cayman Islands, anti-money laundering officers appointed by Cayman funds must understand and act in accordance with their duties and responsibilities. The Cayman Anti-Money Laundering Regulations (AMLRs), which apply to funds carrying on relevant financial business in the jurisdiction, set out certain duties […]