Hawksford, an international corporate, private client and funds business, has received trust licence from The Cayman Islands Monetary Authority to offer a full range of trust services to private and corporate clients.
The license will enable Hawksford to provide fiduciary services to clients from Europe, Asia and the Caribbean.
Hawksford director Steve Robinson said that the trust licence represents a milestone for the international corporate, private client and funds business.
"Hawksford’s new Cayman business will bring scalability to how we are able to service our international client base and will open up new service areas for the company. From a structuring perspective, our broadened capabilities will be particularly complementary for our clients in the Asian, UK and US marketplaces," added Robinson.
Hawksford CEO Maxine Rawlin said: "As part of our international growth strategy, Hawksford is building a network of jurisdictions around the globe and we are delighted to extend our footprint into the Cayman Islands.
"Obtaining this licence reinforces our commitment to provide our clients with an international service. The operations, risk and legal teams have worked extremely hard to secure this licence, and we are looking forward to growing our capabilities in the Caribbean region."
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Hawksford, backed by private equity firm Dunedin, offers a range of comprehensive services to trusts, companies, foundations, partnerships, family offices and investment funds.