Capital Markets Comparative Guide

1 Legal and regulatory framework

1.1 Which laws and regulations govern the capital markets in your jurisdiction?

Capital markets in the Cayman Islands are primarily governed by a combination of local laws and regulatory frameworks designed to ensure:

• transparency;
• investor protection; and
• financial stability.

The key laws and regulations include:

• the Companies Act (as revised);
• the Mutual Funds Act (as revised);
• the Securities Investment Business Act; and
• the Stock Exchange Company Act (as revised).

These:

• provide the framework for the establishment and regulation of stock exchanges in the Cayman Islands, including the Cayman Islands Stock Exchange (CSX); and