Regulatory law expert Dave Sherwin has been made a partner in Ogier's Cayman team.
Since joining Ogier in September 2020, Dave has led the firm's specialist regulatory function in the Cayman Islands, advising financial institutions, investment managers, administrators and other service providers on the regulatory aspects of the formation, operation and termination of all types of open-ended and closed-ended investment funds, hybrid funds and other investment entities. He works closely with both industry and government bodies on the development of new legislation, regulation and guidance pertinent to the Cayman Islands financial services industry, and is a member of the AIMA Cayman executive committee.
James Bergstrom said: "Dave has an established reputation for providing clear, concise and practical advice on complex regulatory matters and is recognised as a leading expert in the field. With the Cayman Islands continuing focus on strengthening and implementing evolving regulatory frameworks, clients are benefiting from Dave's exceptional knowledge and insights around the financial services industry legislation, regulation and guidance. In particular, Dave has helped navigate a number of clients through the early stages of the Cayman Islands economic substance regime, providing hands-on assistance with all aspects of classification, filing and reporting."
Dave has particular experience in Cayman Islands limited liability companies, private funds registrations and the Cayman Islands beneficial ownership and economic substance regime, having served on or assisted the relevant legislative sub-committees, and has experience in advising with respect to data protection (including the handling of breaches), FATCA / CRS and across the range of the Cayman Islands anti-money laundering, sanctions and counter terrorism and proliferation financing regime.