Lawyers accuse CIG of secrecy over LPB

(CNS Business): Efforts by Financial Services Minister Wayne Panton to steer through legislation to govern the Cayman Islands legal profession ahead of the next Financial Action Task Force review and after 15 years of failed attempts by previous governments have been undermined by more complaints from the sector. Four local attorneys have accused the ministry of secrecy surrounding the 2016 draft bill, which they say was written by the large law firms that are compromised because of their historical breaches of existing legislation.

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