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KPMG Bermuda & MD fined by US auditor regulator

April 15, 2019 - KPMG Bermuda and its Managing Director, Damion Henderson, have been fined and censured by the U.S. Public Company Accounting Oversight Board, which regulates auditors of public-traded companies.

SEC v. ABRAAJ Investment Management Ltd. et al: Complaint

April 11, 2019 - Complaint in U. S. Securities and Exchange Commission v. ABRAAJ Investment Management Limited, of the Cayman Islands, and Arif Naqvi, a Pakistani national, at the U. S. District Court for the Southern District of New York.

Antigua & Barbuda Supervisory Authority v. Cresswell Overseas SA et al: Judgment

April 10, 2019 - Judgment in The Supervisory Authority v. Cresswell Overseas SA, of Panama, and Meinl Bank (Antigua) Ltd. regarding the Operation Car Wash investigation in Brazil, filed at the Antigua & Barbuda Court of Appeal.

Emeline Tang Wei Leng et al: Industry Bans

April 10, 2019 - Prohibition Orders by the Singapore Monetary Authority regarding Emeline Tang Wei Leng, Minh Duy Nguyen, and John Zhan Loong Koh.

PCAOB v. KPMG Bermuda et al: Sanctions Order

April 09, 2019 - Order of Findings and Imposing Sanctions in Public Company Accounting Oversight Board v. KPMG Audit Limited and Damion J. Henderson, both of Bermuda.

Isle of Man Financial Services Authority v. Alan Louis et al: Judgment

April 08, 2019 - Judgment in the Isle of Man Financial Services Authority v. Alan Louis, John McCauley, and Lukas Nakos, all of South Africa, at the Isle of Man High Court.

Bourse Malta Overseas Pension Scheme et al: Regulatory Fine

April 08, 2019 - Administrative Penalty by the Malta Financial Services Authority regarding Bourse Malta Overseas Pension Scheme and The Bourse Retirement Scheme (Malta)., which are both administered by Bourse Pension Administrators (Malta) Ltd.

SEC v. Benjamin Alderson et al: Discovery Status Report

April 04, 2019 - Bi-Monthly Report on the Status of Discovery in U. S. Securities and Exchange Commission v. Benjamin Alderson and Bradley Hamilton at the U. S. District Court for the Southern District of New York.

Best Re (L) Ltd. et al: Business Restrictions

April 03, 2019 - Notice by the Labuan Financial Services Authority that it has imposed business restrictions on the following licensed entities for non-compliance: Best Re (L) Limited, PAIB Company Limited, Qays Re Global Limited, Saba Capital Inc., Capital Hive Ltd., Makasky Limited, One Capital Group Inc., Bullbell Limited, and IRC Ltd.

Jonathan Wilson: Prohibition Order

April 01, 2019 - Prohibition Order by the Guernsey Financial Services Commission regarding Jonathan James Wilson.

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Privilege Wealth look-alike C-Tech Financial seeks millions from investors
British businessmen who fronted a failed attempt to keep the collapsed Privilege Wealth investment scheme going under another name in 2017 after it was exposed by OffshoreAlert have launched a look-alike in Florida and England, C-Tech Financial. They are Keith Harris, who is Deputy Chairman of Everton Football Club, and Andrew MacKenzie, who once ran the image rights firm of British politician and Olympic champion Sebastian Coe.
Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.