bribery of a public officer in the Cayman Islands’ largest prosecution brought by the Anti-Corruption Commission. Around 20 people have been charged in the case, almost all of them for allegedly giving an employee of the Department of Vehicle and Drivers’ Licensing a $100 bung for getting [...
a general partner of a vehicle, fund or scheme referred to in paragraph (c) which vehicle, fund or scheme: (i) is registered or holds a licence under a regulatory law; or (ii) is managed, arranged, administered, operated or promoted by an approved person; or ...
It is not always easy to distinguish between a private fund and a non-fund arrangement, such as a joint venture. CIMA has issued guidance to assist with the analysis, which essentially hinges on whether the vehicle is investing with a view to disposal of the investment at a profit or with...
If you are looking to incorporate an exempt company while maintaining your trade activities, our consultants will also assist you in obtaining a license under the local Trade and Business Licensing Law from theDepartment of Commerce and Investment. ...