Over the past 30 years, the Cayman Islands has been the pre-eminent jurisdiction for the formation of alternative investment funds, with a strong track record of over 30,000 registered funds with the Cayman Islands Monetary Authority (approximately 13,000 regulated open-ended funds and 17,000 re...
The aim of the new rules and guidance is to provide a consistent and enforceable governance regime for all regulated Cayman Islands entities, while eliminating some of the gaps in the current regime. In particular, by extending the governance regime to private funds. Critically, the rules are mo...
Cayman Islands regulated funds – CIMA regulatory measures effective October 2023 27 September 2023 In April 2023, the Cayman Islands Monetary Authority (CIMA) issued new regulatory measures relating to corporate governance and internal controls which will take effect i...
CIMA has wide-ranging powers in respect of Cayman Islands entities that are regulated as mutual funds or private funds in the jurisdiction. CIMA has worked alongside overseas regulators in regulatory investigations involving investment funds, including the US Securities and Exchange Commission and the UK...
Regulated entities operating within the jurisdiction of the Cayman Islands are now subject to newly implemented rules by the Cayman Islands Monetary Authority (CIMA) concerning internal controls. These rules, which took effect on October 14, 2023, aim to enhance the operational integrity...
There are a large number of specialist insolvency firms operating in the Cayman Islands, ensuring healthy competition, driving up standards, and focusing on cost-effective and commercially pragmatic solutions. Insolvency practitioners are typically supported by well-qualified, experienced...
The Cayman Islands Monetary Authority’s (CIMA) Rule on Corporate Governance for Regulated Entities, Statement of Guidance on Corporate Governance for Mutual Funds and Private Funds, and Rule and Statement of Guidance on Internal Controls for Regulated Entities each contain prescribed and minimum r...
Bell Rock is licensed and regulated by the Cayman Islands Monetary Authority. Our Services A wide range of Cayman fund services such as fund formation & launch services, CIMA registered independent fund directors, corporate services, Cayman entity formation, registered office, compliance & regulatory ...
The Cayman Islands is recognised as one of the world's leading financial centres with a respected regulated and legal environment. Present in Cayman over ten years, Vistra forms and manages companies, partnerships and trusts that are utilised extensively
financial services offered in the Cayman Islands is regulated by a number of different statutes such as the Banks and Trust Companies Law, the Building Societies Law, the Companies Management Law, the Co-operative Societies Law, the Insurance Law, the Money Services Law and the Mutual Funds Law...