Harneys appoints Juan Pablo Urrutia to strengthen its Cayman Islands Regulatory practice

Harneys is pleased to announce the appointment of Juan Pablo Urrutia as a partner in its Regulatory & Tax practice group in the Cayman Islands. Juan Pablo joins the firm from another offshore law firm, where he held a senior role within its Regulatory group.

With over two decades of experience providing legal advice to financial services firms, Juan Pablo has acted for buy and sell side clients, including a bulge bracket financial institution, an algorithmic financial technology broker, and one of the world's oldest sovereign wealth funds.

Juan Pablo brings with him vast knowledge of global financial regulations and policies. His experience includes providing counsel on a variety of Cayman Islands matters related to AML, beneficial ownership, compliance frameworks, data protection, economic substance, FATCA/CRS, financial crime, licensing, notifications, policies and procedures, regulatory approvals, regulatory due diligence and reviews, regulatory perimeter, and sanctions. His expertise also extends to platform/market infrastructure laws governing virtual asset providers, brokers, and banks.

The firm’s Global Head of Regulatory & Tax, Aki Corsoni-Husain, commented: “We are delighted to welcome JP. His experience and expertise in advising on complicated regulatory issues make him an obvious choice for this role. We believe he will be a valuable addition to our growing global team who are experts in navigating international laws and regulations.”

Harneys is committed to helping clients comply with the ever-changing international laws and regulations. The firm’s Regulatory & Tax practice group advises clients across all jurisdictions in which it operates in relation to all aspects of AML compliance and terrorist financing regimes as implemented locally, including advice on contentious and non-contentious matters. The firm assists with the law of suspicious transaction reporting, requirements for introduced business, and every aspect of the KYC process. Its Economic Sanction practice advises on all aspects of sanctions law in the BVI, Cayman Islands, Luxembourg, and Cyprus. The firm also has significant experience advising on FATCA and AEOI regimes.