Business in brief: Sackville Bank receives honor in Chambers Global HNW Guide

Sackville Bank has received top rankings in the 2016 Chambers Global High Net Worth Guide and has been listed as one of the leading trust companies in the Cayman Islands.

Chambers HNW guide is specifically aimed at the international private wealth market. It features information about leading lawyers, law firms, accountancy and tax firms, private banks, wealth management firms and multi-family offices acting for high net worth individuals.

“We are honored to be ranked so highly amongst our peers. With our dedicated team at Sackville and the continued support of our clients and advisers, we push even harder to improve upon what we already strive to deliver” says Sackville Managing Director Michael Halsey.

Mourant Ozannes to host conference in October

Mourant Ozannes’s International Trusts and Private Client Conference has been scheduled for Oct. 7 at The Ritz-Carlton, Grand Cayman.

The title of the forum is “Shifting sands – The shocks and aftershocks affecting the trust and wealth management business in 2016 and beyond.”

Among the topics to be discussed are the Panama Papers shake-up, the implications of Brexit, and global transparency, organizers said in a press release.

Early bird registration is available until Aug. 15. For more information, contact: Kathryn Walsh on 814-9156.

C&W Business recognized

C&W Business, a division of Cable & Wireless Communications, now part of Liberty Global, has been recognized in the Gartner Magic Quadrant for Disaster Recovery as a Service for the second year in a row.

C&W Business was the only Caribbean and Latin American regional organization to be included in this year’s Magic Quadrant.

The C&W Business solution in this area protects business data and applications from all types of disasters by providing the latest technologies that allow users to become better informed when making critical business decisions.

Gartner Magic Quadrants are based on rigorous analysis backed up by a highly structured methodology, C&W Business said in a press release.

C&W owns and operates more than 65,000 kilometers of subsea and terrestrial fiber network and eight data centers across the region offering managed solutions in a redundant and secured environment.

Harneys Cayman supports local talent

Harneys staff recently completed the nine-week Cayman Finance Mentor Programme, which provides Caymanian students with information about the financial services industry, including employment opportunities in various sectors within the industry.

Harneys mentors helped students develop their professional skills, with a focus on interviewing, resume building and increasing their understanding of the Cayman financial services industry and its important role in international finance.

Earlier this year, Harneys sponsored the annual Youth Parliament, which equips students from nine local educational institutions with knowledge of the Cayman Islands Legislature, and prepares them to conduct legislative business on their own during the day of the Youth Parliament.

Harneys recently welcomed back Sydonie Barrett, the first recipient of the Harneys Cayman Islands Scholarship, for the summer. Ms. Barrett is studying law at the University of Surrey in England and expects to complete her LLB in 2018.

Meanwhile, the firm recently congratulated Caymanian Janeen Al-Jadir, the third graduate from Harneys’s Professional Development Programme, who was admitted to practice as an attorney at law in the Cayman Islands in May. Ms. Al-Jadir has joined Harneys as an associate in the transactional team. The firm has also accepted two new Caymanian trainees scheduled to start their rotations in September.