January 05, 2021 - Decision Notice by the Cayman Islands Monetary Authority to revoke the Insurance Manager's License of CTS Captive Management (Cayman), Ltd. for regulatory breaches, including insolvency. Editor's Note: The directors of CTS Captive Management (Cayman), Ltd. are identified in the Decision Notice as John Rearer and Sarah Perry. Research by OffshoreAlert found that they are also senior officers of ALIC Underwriters, which is described on its website at alicunderwriters.com as "a Managing General Underwriter and Wholesale Insurance Broker, located in Fort Lauderdale, Florida".
December 22, 2020 - Public Notice by the Cayman Islands Monetary Authority that it has imposed a fine of CI$482,717 on Western International Trust Company Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Cayman Islands General Registry showed that the directors of Western International Trust Company Limited are Barry Bret Benjamin and Bohdan Petro Martiuk.
December 16, 2020 - Public Notice by the Cayman Islands Monetary Authority that insurers Three Lakes Insurance Company Ltd., Scottish Annuity & Life Insurance Company (Cayman) Ltd., Northwestern Memorial Insurance Company, and Centegra Insurance Services Ltd. "failed to satisfy the Authority's termination requirements in order to surrender their licences for cancellation" and, therefore, have been "struck off the Companies Register".
December 14, 2020 - 'Warning Notice' by the Cayman Islands Monetary Authority identifying 1,369 "registered directors" who are "non-compliant with the "Directors Registration and Licensing Act, 2014".
November 10, 2020 - Public Notice by the Cayman Islands Monetary Authority that it has imposed a fine of CI$100,000 on Cainvest Bank and Trust Limited for regulatory breaches.
October 28, 2020 - Public Notice by the Cayman Islands Monetary Authority announcing that Premier Assurance Group SPC Ltd. has gone into Provisional Liquidation.
October 15, 2020 - Decision Notice by the Cayman Islands Monetary Authority Platinum Funds cancelling the mutual fund registrations of Platinum Partners Credit Opportunities Fund International (A), Ltd., Platinum Partners Credit Opportunities Fund International, Ltd., Platinum Partners Liquid Opportunity Fund (International) Ltd., and Platinum Partners Liquid Opportunity Master Fund L.P. for regulatory breaches, including suspected insolvency and Mark Alan Nordlicht not being "a fit and proper person".
September 23, 2020 - Public Notice by the Cayman Islands Monetary Authority announcing it has appointed Jeffrey Stower and Jason Robinson, of KPMG, to assume control of Premier Assurance Group SPC Ltd. and "found Jorge Eduardo Falcon and Leonardo Cornide, two of Premier's directors, not fit and proper to hold the position of director of a licensee".
July 13, 2020 - Decision Notice by the Cayman Islands Monetary Authority revoking the Full Mutual Fund Administrators License of Focus Administration Limited.
June 29, 2020 - Decision Notice by the Cayman Islands Monetary Authority revoking the Insurer License of Alesia Re SPC.
