At WestBayFG, we strive to be the best possible partner for our clients. This means keeping pace with the ever-changing regulatory environment and developing the most comprehensive and evolved offerings to meet these requirements and satisfy our clients’ needs.
Updates to the new anti-money laundering (AML) and countering of terrorist financing (CTF) regime issued by the Cayman Islands Monetary Authority , and subsequently by the Department of Commerce and Investment, stipulated that all Cayman Islands investment funds (regulated and unregulated) and Designated Non-Financial Business and Professions must appoint natural persons at a managerial level as their Money Laundering Reporting Officer (MLRO), Deputy MLRO (DMLRO) and AML Compliance Officer (AMLCO).
