Intertrust Cayman agrees to pay CI$5M to settle regulatory action
1 month ago
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.
Intertrust Corporate Services (Cayman) Ltd. v. Cayman Islands Monetary Authority: Judgment (2021)
September 30, 2021