Colin Mackay

Intertrust v. CIMA

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

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.