Tag: Maples Group
Four Caymanian articled clerks become new lawyers
(CNS): After 18 months of training at Maples and Calder, the Maples Group’s law firm, four Caymanians completed their articles of clerkship programme and have been admitted as attorneys-at-law in the Cayman Islands. Following their admissions, Brittany Cousins, April Ebanks, Dane Muspratt and Alice Narborough were appointed as associates across a range of practice areas in […]
Maples wins legal battle over CIMA’s AML rules
(CNS): In a complex legal ruling, a Grand Court judge has found largely in favour of financial services group, Maples, after it challenged the regulator, CIMA, over new rules surrounding the recording of clients’ details under regulations rolled out in 2020 as part of the enhanced local anti-money laundering regime. The ruling comes against the […]
CIMA issues warning to ‘crafty’ offshore firm
(CNS): The Cayman Islands Monetary Authority warned the financial sector that these “are not normal times” in a statement that strongly criticised the Maples Group for issuing a press release about its judicial review application against the regulator. The increased scrutiny by CIMA comes as the jurisdiction fights to be removed from the current Financial […]
Maples files JR over CIMA’s new rules
(CNS): One of Cayman’s largest financial services and legal firms has filed an application for judicial review challenging how the Cayman Islands Monetary Authority (CIMA) is interpreting and applying certain provisions of the new Anti-Money Laundering Regulations that were implemented last year. The Maples Group said it is turning to the courts to determine how […]
