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ARTICLE · 07 APRIL 2020

Covid-19 Cayman Islands Update: Financial Services

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On 20 March 2020, the Cayman Islands Ministry of Financial Services issued an industry advisory for the COVID-19 pandemic.

Cayman IslandsCoronavirus (COVID-19)

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;

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