Market Intelligence

The Cayman Islands Monetary Authority is launching desk-based AML reviews of regulated entities, including investment funds, beginning October 2026. These remote supervisory reviews will focus on fund-level risk assessments, compliance programme documentation, and AML governance arrangements, with entities expected to respond within five business days. Investment funds must ensure their risk assessments address money laundering, terrorist financing, and proliferation financing risks across customers

In Tianrui (International) Holding Company Limited v China Shanshui Cement Group Limited & Ors [2026] CIGC (FSD) 74 (Tianrui), the Grand Court of the Cayman Islands (the Court) considered...

Under the Cayman Islands Directors Registration and Licensing Act (the “Act”), anyone named a director of certain entities (called “covered entities” in the Act) must register with the Cayman Islands Monetary Authority (“CIMA”). Such directors should understand and be familiar with the rules of registration as part of their role.

In private equity and venture capital financings, considerable attention is given to transfer restrictions like rights of first refusal and tag-along provisions. However, the treatment of share transmission...

The Cayman Islands' evolving regulatory landscape is driving increased demand for experienced independent directors on fund boards. New corporate governance requirements from CIMA, combined with growing investor and counterparty expectations, are reshaping how fund sponsors approach board composition and oversight arrangements.

As 2026 draws to a close, Cayman Islands entities nearing the end of their lifecycle should prepare for voluntary liquidation and dissolution. Understanding the critical year-end deadlines...