The past year has been far from straightforward, but despite the challenges, the Cayman Islands financial services industry has continued to prove its resilience and flexibility – weathering the storms.  

This report outlines the growth witnessed in the domicile against a context of potential inclusion on the European Union’s list of high-risk countries for money laundering. The additional regulatory scrutiny can be considered to reinforce the Cayman Islands’ ability to adapt in the face of change. The articles in this report also detail the considerations to be made in the realm of sustainable investing.

Launching a fund against the current background of volatility and rising inflation is not straightforward, especially considering the addition of complexity of rising regulatory scrutiny. However, given the right support and carefully selected partners, emerging managers can succeed in building out their investment strategy and raising the funds necessary to go to market. 

As digital assets become a more prevalent feature in investor portfolios, the trading framework to facilitate investment has continued to evolve. The fragmentation in the liquidity pool of crypt-assets can make trading and best execution a challenge.  

This report maps the difficulties banks can face when setting up end-to-end digital asset trading operations. It also outlines the way these players can orchestrate the digital asset trading lifecycle to offer clients the best service, optimizing workflow and market access. 

March 2022 | New pressure points and the implosion of Archegos saw dramatic upheaval in the prime brokerage industry over the past year. This has created additional challenges but also opportunities for smaller primes amid the dominance of the ‘Big Three’ as virtual networking, and new trends in data and ESG reshape the hedge fund-prime broker dynamic

CohnReznick recently hosted a discussion in which allocators and alternative fund professionals examined how the industry is adapting to the evolving landscape and the changing nature of investor relationships. Themes explored include fees, incentives, and due diligence, plus how industry initiatives such as the evolving Open Protocol and the growing use of technology are boosting transparency and disclosure.