Woodford move proves: Shame has no geographical boundaries

Former star manager registers new businesses

Neil Woodford has registered businesses in London, the Cayman Islands and Delaware, and posited an operation from Jersey but regulators and the industry are keeping a close eye on the former star manager’s moves as the Financial Conduct Authority’s (FCA) investigation continues.

Neil Woodford has registered businesses in London, the Cayman Islands and Delaware, and posited an operation from Jersey but regulators and the industry are keeping a close eye on the former star manager's moves as the Financial Conduct Authority's (FCA) investigation continues. Cayman Finance, the island's industry trade body, said it could not comment on individual cases but "generally, anyone working in financial services in the Cayman Islands is required to follow Caymanian law, which includes the global standards the jurisdiction has adopted". "We have full confidence in the dete...