News and Alerts

DMS Bank & Trust – Operating Model

- May 23, 2023
John D Rosanelli Unites States Advisor to DMS Bank & Trust Ltd. Following on from John Rosanelli’s recent article on banking solutions for U.S. Domestic Managers, we had received a number enquiries from our friends in the business who wanted to receive further details on the operating structure of DMS Bank & Trust. We were pleased to advise them that…

Banking Solutions for U.S. Domestic Entities

- May 2, 2023
John D Rosanelli Unites States Advisor to DMS Bank & Trust Ltd. Supporting the Global Alternative Asset Management Community Following on from his recent update, “What should the banking model look like for VC, PE and hedge fund accounts, John Rosanelli, United States Advisor to DMS Bank & Trust (DMS Bank) updates us on what he has been seeing following…

What should the banking model look like for VC, PE and hedge fund accounts?

- April 4, 2023
John D Rosanelli Unites States Advisor to DMS Bank & Trust Ltd. Following the recent turmoil in the banking sector during the last month, the focus for the alternative investment industry has been to ensure that their current banking arrangements are safe and secure. Many managers have been looking to diversify their banking relationships to avoid overreliance on a single…

CAYMAN PRIVATE FUNDS LAW 2020

- June 3, 2020
WHAT INVESTMENT MANAGERS NEED TO DO AND HOW DMS BANK CAN HELP INTRODUCTION To date, Private Funds have been exempt from registration with the Cayman Islands Monetary Authority (CIMA). The Private Funds Law 2020 (“PF Law”) that commenced on 7 February 2020, creates a regulatory regime for closed-end funds, such as Private Equity / VC / Private Debt funds etc.…

DMS Banks’ Response To Covid-19 (Coronavirus)

- March 27, 2020
DMS Bank and Trust (“DMS Bank”) continues to stay up to date with the latest Covid-19 (Coronavirus) developments and is following the guidelines provided by the World Health Organisation (WHO). During this time, the health and wellbeing of our staff, their families and our clients is our priority. We wanted to take a moment to let you know what we…

DMS Bank & Trust Compete in Cayman Islands Marathon Relay

- January 30, 2020
Well done to DMS Bank & Trust for its stellar performance in this weekend's Cayman Islands Marathon Relay. Thanks to Adam Rossiter, Roberto Toffoli, Mark Higgins and Pierre Vermeulen for their fantastic efforts.

Cayman Still Number One in the Latest Banker Survey

- January 23, 2020
Managing Director of DMS Bank & Trust (DMS Bank), Colm O’Driscoll is delighted to share the recent news that, once again, the Cayman Islands have been confirmed as the world’s number one specialized banking centre. The established industry publication The Banker magazine recently announced the results of its 2016 survey and, for the eighth consecutive year, the Cayman Islands has…

DMS BANK & TRUST AND CAMPBELLS LAW FIRM TEAM UP TO SUPPORT JASMINE CAYMAN

- January 16, 2020
DMS Bank & Trust (DMS Bank), in partnership with Campbells Law Firm (Campbells), is pleased to announce its support for Jasmine Cayman through a joint donation of US$16,000, with future plans for a formal volunteer program. Formerly known as Cayman Hospice Care, Jasmine Cayman is a hospice and palliative care centre that provides professional and diligent care free of charge…