News
A New Paradigm in Governance
Unveiling a new hire in our fiduciary team
Here at Paradigm Governance Partners, we are delighted to unveil a new hire – an experienced fiduciary professional who will assist the business and to provide support to our compliance and regulatory team. Tanya Jamieson joins Paradigm after several years working...
Critical considerations when selecting AML Officers – it’s important to get it right!
Funds need to consider the appointment of Anti-Money Laundering (AML) Officers carefully. AML Officers play a critical role in combating the acts of Money Laundering, Terrorist Financing and Proliferation Financing and ensuring an entity is compliant with its...
Addition to the FATF ‘greylist’ will prompt Cayman to flex regulatory muscles
Cayman’s inclusion on a ‘greylist’ compiled by the Financial Action Task Force (FATF) should have no adverse consequences for Cayman funds or investors – but it could mean the regulatory authorities, under increased pressure from the FATF will need to flex their...
Independent Directors & The Split Board Saga
The subject of ‘split boards’—engaging independent directors from different fiduciary firms—continues to be a topic of debate when considering board composition. Geoff Ruddick provides some insight. There has been a keen focus on and trend towards ‘split boards’ in...
Independent Directors & The Capacity Conundrum
Why caps cannot solve the capacity conundrum The ability of an independent director to diligently fulfil their duties is a function of experience, expertise, the support they have – but also capacity. But the debate around how many directorships it is appropriate for...
Experienced independent director, Jonathan Roney, boosts our Paradigm Governance team in Cayman
Here at Paradigm Governance Partners, we are delighted to announce that we have expanded our Cayman Islands presence with the addition of an experienced Cayman-based independent director. Jonathan Roney will be available to serve as a professional independent...
11 questions fiduciary providers should be asked — so ask!
With regulatory and compliance requirements on Cayman ever more stringent and the regulator now issuing fines, a diligent and experienced independent director can now be critical. Geoff Ruddick, partner at Paradigm Governance Partners, lists 11 things you should...
Welcoming George Mazin to boost our presence in New York
Here at Paradigm Governance Partners, we are delighted to announce that we have expanded our New York presence with the addition of an experienced private funds attorney who has joined our growing team. George Mazin spent 19 years at Dechert, a global law firm, where...
Regulatory deadlines for end of 2020 and Q1. 2021
The complexity and scope of regulatory requirements have increased exponentially on Cayman in recent years – meaning it can be all too easy to lose track. But with the Cayman Islands Monetary Authority now able and willing to issue fines missing deadlines and...
Saving money and reputation: independent directors come into their own
With the Cayman Islands Monetary Authority now able and willing to issue fines for everything from breaching AML regulations to missing deadlines around fees and regulatory filings, a diligent and experienced independent director plays an integral role and could be...