Financial services group Maples has succeeded in its challenge against regulator Cayman Islands Monetary Authority (CIMA), after the latter said it had identified anti-money laundering (AML) failures at the firm.
In a complex legal ruling, a Grand Court judge found largely in favour the firm.
In 2020, following an on-site inspection at Maples Corporate Services and MaplesFS, CIMA issued a report in which it concluded that the two entities had failed to properly meet some ...
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