Caymen

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

Anti-Money Laundering

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 >