Cayman regulator refutes Woodford registration claims - reports

The Cayman Islands Monetary Authority (CIMA) confirmed to the Cayman Compass on 29 April that "there is no current or pending registration with the Authority in reference to Mr. Neil Woodford". CIMA's rebuttal follows reports that Woodford's attempted return to the industry, WCM Partners, had registered its healthcare portfolio in the Cayman Islands after the Jersey regulator asserted the island would not be a "back door" to access the UK market. When pressed on whether CIMA would allow Woodford to set up shop in the Cayman Islands, the regulator cited its private funds legislation: "...