8 March 2013 · In a joint partnership
with the Cayman Islands Government's Ministry for Financial
Services, Cayman Finance is pleased to announce it will be
co-sponsoring the 3rd annual Hedge Fund Brazil Forum, scheduled to
take place on the 18th and 19th March in Rio
There will be a strong contingent from the Cayman Islands
attending this important event within the hedge fund industry's
calendar, including The Hon. Rolston Anglin, Deputy Premier and
Minister for Education, Financial Services, Training &
Employment; Dr Dax Basdeo, Chief Officer in the Ministry for
Financial Services; Heather Smith, Deputy Head of Investment and
Securities at the Cayman Islands Monetary Authority; and Gonzalo
Jalles, CEO of Cayman Finance. They will join Cayman Islands'
private sector industry professionals, all working in tandem to
promote Cayman as a viable jurisdiction for the establishment of
Mr Jalles says the partnership between the private and public
sector financial services representatives means an enhanced show of
force when it comes to highlighting Cayman as an attractive place
for overseas investors.
"The Hedge Fund Brazil Forum has established itself as an
important networking and highly-educational event for hedge fund
professionals worldwide, attracting attendance from some of the top
investment professionals in North and Latin America," he
explains. "Having a strong, united presence by both the public
and private sectors of Cayman's financial services industry
means we are able to present a fully rounded offering to the
assembled asset allocators and investment advisors."
As well as promoting the Cayman Islands generally via networking
events, two Cayman speakers will be taking part in separate panel
discussions. On the first day, Glen Trenouth, Managing Partner with
BDO (Cayman Islands) will speak on a panel discussing whether to
select an onshore or offshore domicile, while on the second day
Canover Watson, Managing Director with Admiral Administration
(Cayman Islands) will participate in a panel looking at the
intricacies of launching an offshore hedge fund.
Reinforcing the view that a united front means far better
presentation of Cayman to the global investment community, Minister
Anglin says this joint initiative is but the first of a series.
"The Ministry for Financial Services recognises the
importance of working alongside the private sector to promote
Cayman as the domicile of choice for investors, and so we are
extremely happy to partner with Cayman Finance to internationally
promote Cayman," he states. "Following on from the Hedge
Fund Brazil Forum there are joint plans to attend City Week
Financial Services Forum in London in April and speak at the
Offshore Alert Conference in Miami in May. We are delighted to join
forces with the private sector in this way to show the world that
Cayman is diligently working together to attract the best in
On the 9 September 2016 the MFSA issued feedback to its consultation of the 1 April 2016 in relation to intra-group loans.
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