Tag: DMS
DMS caught up in class action against client
(CNS Business): Cayman-based financial services firm, DMS, has been sucked up into a class action suit against a former BVI company accused of fraud which was once one of its clients. More than 300 investors who collectively had more than $50 million invested in CWM Limited, a foreign exchange trading firm incorporated in BVI and […]
Cayman gears up for Common Reporting Standard
(CNS Business): It’s time for another round of international tax cooperation in the Cayman Islands, and now government leaders are turning their attention to what comes next, implementing the OECD’s Common Reporting Standard (CRS). The Cayman Islands Department for International Tax Compliance (DITC) has noticed local financial institutions of the next step and said the […]
Don Seymour featured in Wall Street book
(CNS Business): Founder and Managing Director of DMS Offshore Investment Services Ltd, Don Seymour, made the list as one of 50 leading Wall Street financiers and academics in the recently published book, Transforming Wall Street: A Conscious Path for a New Future. Seymour is well known for his creation of the Investment Services Division of […]
Finance firm sues former rogue boss
(CNS Business): One of Cayman’s leading offshore financial services firms is suing a former director for a catalogue of wrongdoing that the company claims could have damaged its reputation. DMS has filed a lawsuit against Jazeb Jones, who was until earlier this month the MD of its bank and trust arm, over unauthorized relationships with […]
DMS to hosts offshore funds summit in Brazil
(CNS Business): DMS Offshore Investment Services (DMS) will host its 4th Annual Offshore Investment Funds Summit in São Paulo, Brazil, on 18 November. The firm said that this year’s summit will focus on the opportunities and challenges for Brazilian asset managers seeking to raise capital offshore, and developments in the local market with investment diversification […]
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