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Swiss private bank has Cayman Islands licence revoked

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The Cayman Islands Monetary Authority has revoked the licence of Hinduja Bank & Trust (Cayman). The financial regulator wrote a letter to Hinduja Bank’s Cayman operation on 28 May 2020 to confirm the action it had taken. It stated four reasons why the bank’s licence had been revoked. Cima said:…

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Click here to read the full story: International Adviser

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