From Strength To Strength: View From The FSD

With the biggest ever trial to come before the Cayman Islands and some major cases clarifying important issues of law regarding investment funds, it has been perhaps the most impressive year yet for the Financial Services Division (FSD) of the Grand Court of the Cayman Islands.

Established in 2009 to provide the special procedures and skills required for issues typically thrown up by the more complex civil cases coming out of the financial services industry, the introduction of the Financial Services Division was a landmark for the judiciary and is a significant differentiating factor for the Cayman Islands legal system.

The FSD's procedures reflect that urgent actions need to be taken from time to time. For example, often there is a requirement for justice to be administered in public, but without the risk of sensitive information being publicly available too early in a case, which could render considerable harm to the businesses involved. Furthermore, the