Cayman

Prevention of Terrorist Financing With New Legislation

In order to combat terrorist financing via nonprofit organizations, the Cayman government must use knowledge as their main weapon.  Unfortunately, information is what the government is lacking and this weakness is leaving them susceptible to terrorist financing and other illicit… Read more >

British Citizen Pleads Guilty to Money Laundering Charges

Costas Takkas, a former general secretary of the Cayman Islands Football Association pleaded guilty to a money laundering conspiracy in connection with the U.S. bribery investigation involving FIFA, the international governing body of soccer. Takkas was one of 40 other… Read more >