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    Intertrust Cayman agrees to pay CI$5M to settle regulatory action

    Intertrust v. CIMA

    Cayman Islands corporate services provider Intertrust has abandoned its legal challenge against a fine of CI$4.2 million imposed by the Cayman Islands Monetary Authority, agreeing to pay not only the full amount of the fine but an additional CI$767,392 towards the regulator’s legal fees.