Your Conyers team of governance specialists can assist you with all regulatory requirements that apply to multinational corporate entities, including all offshore governance and fiduciary requirements.
Our corporate and fiduciary services include:
1) Corporate Governance:
- Providing independent directors on the board of Cayman Islands holding and financing entities
- Chairing meetings held in the Cayman Islands
2) Company Secretarial and Board Support Services:
- Liaising with the board members, service providers and other stakeholders to arrange meetings
- Drafting the agenda and circulating for review and comment
- Collating and distributing meeting packages
- Initiating and attending committee meetings in person or via telephone
- Taking meeting minutes
- Preparing and distributing the draft minutes for review and sign off
- Finalising close out procedures and filing minutes on the minute book in line with governance procedures
3) Anti-Money Laundering (AML) Compliance Services:
- Providing named AML professionals to assume the roles of anti-money laundering compliance officer (AMLCO) and money laundering reporting officer (MLRO) for in-scope entities
- Developing tailored AML policies and procedures manuals for in-scope entities
- Managing the “suspicious activity” reporting process
- Providing AML investor screening services
- Providing AML compliance audits
4) Automatic Exchange of Information (AEOI) Compliance Services:
- Providing an individual to assume the role of Principal Point of Contact (PPoC) on behalf of entities with respect to the Cayman Islands Department for International Tax Cooperation (DITC)
- Assisting with registration of entities with the IRS obtaining a Global Intermediary Identification Number (GIIN) and with the Cayman DITC
- Providing annual investor reporting services to ensure compliance with all Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) obligations
- Liaising with the Cayman Islands DITC on FATCA and CRS issues as and when they arise
- Assisting with deregistration at the end of the entity’s life cycle
5) Economic Substance:
- Assisting with completing and filing of annual economic substance notifications to the Cayman DITC
- Assisting with completing and filing of annual economic substance returns to the Cayman DITC for in-scope entities
6) Accounting and Agency Services:
- Bookkeeping and financial reporting services
- Assisting with management accounts and financial statements
- Liaising with external auditors regarding audited accounts and filings
- Providing authorised signatories for client bank accounts or online banking platforms