in cases of regulated businesses, the Cayman Islands Monetary Authority. Any other person may inspect the court file by special leave of the court. The court may, having regard to the overriding principle that justice should be done, order the sealing of a document on the court file of an...
With limited exceptions, all open-ended funds must register with the Cayman Islands Monetary Authority (CIMA) under the Mutual Funds Act (As Revised), and all closed-ended funds must register with CIMA under the Private Funds Act (As Revised). To register an open-ended fund, the requisite a...
Cayman Islands government publishes consultation on amendments to the Monetary Authority Act and other key regulatory laws 28 Jul 2022 |CIMA On 20 July 2022, the Cayman government circulated a consultation note, requesting feedback on the proposal to ...
The article reports on the publication by the Cayman Islands Monetary Authority (CIMA) of a consultation paper that considers changes to its corporate governance framework, such as extending it to apply to registrants rather than just licensees. The standards of guidance are not compulsory and ...
Conyers provides these services through Conyers Trust Company (Cayman) Limited and Conyers Corporate Services (Cayman) Limited, which are licenced entities regulated by the Cayman Islands Monetary Authority. Address SIX, 2nd Floor, Cricket Square, 171 Elgin Ave George Town, Grand Cayman Cayman ...
This now means that virtual asset service providers (VASPs) and existing businesses qualifying as VASPs must make an application to be assessed for registration with the Cayman Islands Monetary Authority (CIMA) before 1 February 2021 and if approved complete a registration application. VASPs providin...
Mitchell Mansfield In 2020, the Cayman Islands Monetary Authority (CIMA) introduced the Private Funds Act now revised to the Private Funds Act (2021 Revision) (PFA) and there are 13,219 private funds registered with the CIMA as of 31 March 2021. ...
CO Services Cayman Limited is regulated by the Cayman Islands Monetary Authority as the holder of a corporate services licence (No. 624643) under the Companies Management Act (as revised). Please note that this briefing is intended to provide a very general overview of the matters to which it...
The Guidance clarifies that the TIA will regard mutual and private funds registered with or licensed by the Cayman Islands Monetary Authority (CIMA ), pursuant to the Mutual Funds Act (2020 Revision) or the Private Funds Act, 2020 respectively, as "investment funds" for the purposes of the ...
1. Private Funds Act 2020 On 7 February 2020 the Cayman Islands enacted the Private Funds Act 2020 bringing closed-ended investment funds within the scope of regulation by the Cayman Islands Monetary Authority’s (CIMA) for the first time. A transitional period allowed pre-existing “private fun...