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ARTICLE · 12 OCTOBER 2021

Cayman Islands Private Funds – Filing Extension For FAR Form And Related Fund Entity Form

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Further to our recent Alert in respect of the upcoming deadline for filing Fund Annual Return Forms ("FAR"), please note that the Cayman Islands Monetary Authority (CIMA)...

Cayman IslandsFinance and Banking

Further to our recent Alert in respect of the upcoming deadline for filing Fund Annual Return Forms ("FAR"), please note that the Cayman Islands Monetary Authority (CIMA) has extended the filing deadline and issued a notice in respect of an additional form (the "RFE Form") which is required to capture information on "related fund entities". A "related fund entity" is an entity established by or on behalf of the promoter of the private fund which may account for certain regulatory, tax and other structuring needs of one or more groups of persons, which itself may not meet the definition of a private fund and includes parallel funds, alternative investment vehicles and co-investment vehicles.

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