Topic: Anglian Water
Anglian Water gets go-ahead to close Cayman subsidiary
The Grand Court has approved a United Kingdom water company’s petition to remove its holding company from the Cayman Islands – a petition made in response to criticism from U.K. regulatory authorities about the country’s water companies using “opaque financial structures.”
More British water companies to cut ties with Cayman
As pressure mounts in the United Kingdom over the use of “opaque financial structures,” two more United Kingdom water companies have announced that they intend to close their Cayman-registered subsidiaries.
