Topic: Michelmores

As Cayman and the U.K. are at odds over the extent of their information exchange in criminal investigations, not complying with U.K. unexplained wealth orders – the latest weapon in the fight against money laundering – can make enforcement proceedings for authorities back in Britain much easier, trust professionals heard last week.

U.K. law firm Michelmores is hosting a seminar in the Cayman Islands Thursday to update Cayman Islands private wealth professionals on the latest case law, tax issues, information management requirements and asset protection developments.