On 20 March 2020, the Cayman Islands Ministry of Financial
Services issued an industry advisory for the COVID-19 pandemic.
On 20 March 2020, the Cayman Islands Ministry of Financial
Services issued an industry advisory regarding its business
continuity plans for the COVID-19 pandemic.
The principal effect of the industry advisory was to detail
certain concessions regarding regulatory requirements generally
applicable to industry participants as summarised
below.
Extension for Notification of Certain Changes to the Registrar
of Companies
An additional 30 days will be granted for notifying the
Registrar of Companies in respect of changes to:
(a) Directors and other officers of companies and
managers of limited liability companies;