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ARTICLE · 05 JANUARY 2021

Cayman Regulatory Newsletter Q4 2020

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2020 draws to a close, ending an unprecedented year shaped by a pandemic. It's also been an active year on the Cayman regulatory front.

BermudaFinance and Banking
Jennifer Parsons
Jennifer Parsons
Peter Colegate
Peter Colegate
Simon Raftopoulos
Simon Raftopoulos
Appolina Bent
Appolina Bent
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2020 draws to a close, ending an unprecedented year shaped by a pandemic. It's also been an active year on the Cayman regulatory front. Appleby Cayman's final update for the year takes a closer look at significant developments over the past quarter and wraps with a Top 10 list of Key Regulatory Developments for 2020.

ACT NOW!

Or should we say "Acts now"?  A "Law" is now an "Act" in the Cayman Islands.

Recent amendments to the Cayman Islands constitution have ushered in this and other key changes, including:

  • The name of the Cayman Islands Legislative Assembly has been changed to Parliament
  • The autonomous capacity of the Cayman Islands Cabinet with respect to domestic affairs is confirmed, along with changes to the circumstances in which the Governor must consult the Cabinet

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