NEWS & INSIGHTS

Elisabeth and Justine are always pleased to be invited to share their views with Kimberly Smith on the SILO AML Grey Matters webinars

Most recently Justine spoke on Trends, Predictions and Hot Topics in AML/CFT and Elisabeth spoke on changes in relation to the upcoming Financial Action Task Force 5th Round of Mutual ...

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Elisabeth invited to speak at the Caribbean Regional Compliance Association Conference

Elisabeth was delighted to be invited to speak at the Caribbean Regional Compliance Association Conference in October 2024 in St. Maarten where she will present on National Risk Assessme...

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Elisabeth is delighted to speak at the ACAMs Grand Cayman Symposium

The ACAMS Grand Cayman Virtual Symposium will be held on 23 May 2024. Elisabeth will moderate a session on Virtual Asset Service Providers, moderating between the views of the Regulator ...

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Elisabeth authors Cayman Chapter of the Lexology Global Comparison on Anti-Money Laundering.

The Guide enables side by side jurisdictional comparison of local insights into anti-money laundering laws and regulations, including an overview of domestic laws, regulations and invest...

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Elisabeth shares her views with the CorporateLiveWire Fraud and White Collar Crime 2024 Virtual Round Table

Visit here to view the interactive virtual round table. Click here to access the full virtual round table as a document....

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Claritas hosts Advanced AML Training on SAR filing

Join us for an immersive session on Claritas AML Training focusing on Internal and External SAR Filing! Date: 29th February 2024Time: 8:30 am to 11:30 amVenue: George Town Yacht Club, Ca...

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CROSS-UNDERTAKING IN DAMAGES NOT TO BE ‘EXTENDED’, ‘AMENDED’, ‘IMPLIED’ OR ‘TREATED AS GIVEN’

On 1 December 2023, The Honourable Mr Justice Doyle dismissed an application by Mr Hao Liang (Mr Liang) for an inquiry into the loss and damage suffered by him personally, as a result of...

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Katie wins Lexology Client Choice Award for Asset Recovery in the Cayman Islands

Katie was pleased to be awarded the 2024 Lexology Client Choice Award for Asset Recovery in the Cayman Islands.The Client Choice awards recognise individuals who stand out for excellent ...

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Legal 500 recognises Katie and Elisabeth

In its 2024 guide, Legal 500 recognised Katie and Elisabeth for their work in Dispute Resolution and Regulatory and Compliance respectively in the Cayman Islands. Claritas retained its ...

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Monet Laundering – Elisabeth expresses her views to the Cayman Compass

Elisabeth was pleased to assist the Compass in relation to their enquiries regarding art imports. Whilst art dealers are not required to be regulated by FATF, there is a requirement to k...

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Claritas hosts another productive ACAMS Certification training

In continued collaboration between Claritas and ACAMS, on 7th October 2023, Claritas organised another in-person training event for persons pursuing their Certified Anti-Money Laundering...

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Claritas in the News

Claritas were delighted to feature in the Cayman Compass following their one-year anniversary and regulatory seminar event. The article can be accessed here....

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Justine Plenkiewicz and Elisabeth Lees are delighted to be lecturers at the newly launched Cayman Islands Compliance Diploma course being offered by the Financial Services Institute

Elisabeth attended the launch event of the Cayman Islands Compliance Diploma (CDD) on Wednesday 20th September 2023, where lecturers, students, directors and the main organiser, Paul By...

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Claritas obtains Order for Repatriation of Funds in Support of Cayman Freezing Injunction

On 14 September 2023, The Honorable Mr Justice Kawaley handed down judgment in the latest instalment in the matter of Fortunate Drift Limited v Canterbury Securities, Ltd (FSD 227 of 201...

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Claritas welcomes Alexia Adda

Claritas welcomed Alexia Adda as counsel in their litigation and insolvency team on 4 September 2023. Alexia brings a wealth of experience to Claritas, having qualified as a barrister at...

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Claritas celebrates one year with a regulatory seminar (and a birthday cake!)

Claritas was delighted to host its now annual regulatory seminar on 19th September 2023. Over 100 clients and colleagues mingled over coffee and cake and participated in a regulatory sem...

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Elisabeth Lees is interviewed by the Cayman Compass regarding legislative amendments to the Proceeds of Crime Act

Elisabeth Lees was pleased to be interviewed by the Cayman Compass regarding proposed changes to the Proceeds of Crime Act, which was discussed in Parliament last week. Article available...

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A China Hustle? The Cayman Islands Court Says, “No” – Claritas Successfully Rebuts Allegations of Fraud in Establishing Claims for Breach of Contract and Fiduciary Duty

On 17 August 2023, The Honorable Mr Justice Kawaley handed down judgment in the matter of Fortunate Drift Limited v Canterbury Securities, Ltd (FSD 227 of 2018) following a two-week tria...

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Claritas Proudly Sponsored the Truman Bodden Law School Student Society’s 2023 Annual Fundraising Gala

We were delighted to sponsor the Annual Fundraising Gala hosted by The Truman Bodden Law School (TBLS) Student Society. The event took place on Saturday, June 17th, 2023, at the Marriott...

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Elisabeth provides her views on Cayman’s FATF progress

Elisabeth was pleased to provide her thoughts on Cayman’s progress in being removed from the grey list in a Cayman Compass article published on 19 June 2023. Elisabeth’s expe...

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Publication of Regulatory Enforcement Article

Claritas was delighted to have Elisabeth’s article, ‘Regulatory Enforcement, Developments in the Cayman Islands’, published in the May edition of the International Enfo...

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Claritas hosts ACAMS one-day preparatory workshop

Claritas is delighted to partner with ACAMS to offer the Certified Anti-Money Laundering Specialist (CAMS) certification and a one-day preparatory workshop! Join us! Date: October 7, 202...

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Claritas Sponsors Women Empowerment Conference

On 1 April 2023, Leanni Tibbetts hosted a Women Empowerment Conference which served to provide young women with the knowledge and skills necessary to approach challenges. Experts in fina...

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Elisabeth and Justine speak at Cayman Islands Financial Services Institute event

The Cayman Islands Financial Services Institute hosted its March 2023 AML Regulations Seminar. Elisabeth, Justine and Paul Byles (FTS Cayman) spoke about the evolution of the AML Regulat...

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Elisabeth is a panelist at Leadership Cayman Seminar

Elisabeth was delighted to assist at the Leadership Cayman Financial Services Seminar earlier this month, where she met with the Leadership Cayman Class of 2023 and discussed financial s...

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Katie Pearson and Elisabeth Lees recommended by Chambers Global Legal Guide 2023

Katie Pearson and Elisabeth Lees are pleased to have been ranked by Chambers Global 2023. Elisabeth Lees is ranked for Financial Services: Regulatory, Cayman Islands: https://chambers.co...

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Claritas principals sworn as Notaries

Elisabeth, Katie and Justine were delighted to have each been sworn in as Notaries Public in February 2023. This means that Claritas will be able to conduct business even more efficientl...

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Elisabeth Lees appointed to the Cayman Islands Health Appeals Tribunal as Deputy Chair

We are very pleased to announce that Elisabeth was appointed as the Deputy Chair of the Cayman Islands Health Appeals Tribunal on January 31, 2023. Elisabeth looks forward to serving on ...

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Claritas hosts productive ACAMS Certification Training

Further to the partnership between Claritas Compliance Limited and ACAMs, on January 21, 2023, Claritas hosted in-person training for professionals pursuing their Certified Anti-Money La...

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Elisabeth speaks at ARIN-CARIB’s Annual Meeting

Elisabeth Lees discusses latest trends in Caribbean financial and domestic coordination at the Asset Recovery Inter-Agency Network for the Caribbean (ARIN-CARIB) Annual Meeting. See here...

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Claritas recommended by Legal 500

Claritas has been recommended by Legal 500 as a “Firm to Watch” for both Dispute Resolution and Regulatory and Compliance in the Cayman Islands.  Legal 500 stated that “boutiq...

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Despite anti-money laundering progress, FATF delisting will take time (Cayman Compass, 31 October 2022)

The Cayman Islands will not be removed from the Financial Action Task Force’s grey list of countries with significant deficiencies in their anti-money laundering (AML) regimes before J...

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Claritas partners with ACAMS!

Claritas is delighted to partner with ACAMS to offer the Certified Anti-Money Laundering Specialist (CAMS) certification and a one-day preparatory workshop! Join us! Date: January 21, 20...

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Joeniel joins Claritas

We are very pleased to announce that Joeniel Bent has joined Claritas as our Office Manager and Paralegal. Joeniel starts with us part-time and assists Claritas’ principals with co...

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Claritas Launch Event

First thing in the morning of 20th September 2022 Claritas took over the upstairs of George Town Yacht Club and filled the space with chats and coffee for its official Launch Event.Atten...

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Are you Ready to Respond to CIMA’s AML/CFT Survey?

On August 18, 2022, CIMA announced it is preparing to survey its population of regulated entities on their AML/CFT Risks and Controls. CIMA’s notice can be viewed here: PRESS RELEASE (...

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All female boutique launches in Cayman Islands (Global Restructuring Review, 8 June 2022)

A former Harneys partner and two ex-government lawyers have launched a new boutique law firm in the Cayman Islands that specialises in litigation, insolvency and regulatory law. The full...

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Former AML Steering Group Coordinators launch law and compliance firm (Cayman Compass, 16 June 2022)

Elisabeth Lees, the former national coordinator of Cayman’s Anti-Money Laundering Steering Group, and her former deputy, Justine Plenkiewicz, have, together with former Harneys par...

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What information is available regarding Cayman Islands companies?

The Cayman Islands, like other offshore jurisdictions, is often seen as a secretive jurisdiction, with corporate information being difficult to obtain.  However, in reality there is...

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The 2021 National Risk Assessment: Why it Matters to Regulated Entities

We often get questions on the recently published Cayman Islands’ National Risk Assessment (NRA). These are set out below, along with the answers. Claritas principals are also ...

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Cayman Islands Litigation Funding Options

The Private Funding of Legal Services Act 2020 (the Act), which came into force on I May 2021, has enabled Cayman Islands litigation lawyers to act on a variety of flexible fee structure...

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