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ARTICLE · 28 JANUARY 2025

Secured Lending Comparative Guide

Secured Lending Comparative Guide for the jurisdiction of Cayman Islands, check out our comparative guides section to compare across multiple countries

Cayman IslandsFinance and Banking

1 Legal framework

1.1 Beyond general commercial and contract laws, what other specific laws and regulations govern secured finance in your jurisdiction?

The following statutes are important in secured financing transactions in the Cayman Islands:

  • the Companies Act (2021 Revision), which governs the various corporate forms, their establishment, winding-up and the registration of charges and mortgages;
  • the Contracts Law (1996 Revision);
  • the Contracts (Rights of Third Parties) Act 2014, which governs third parties' rights under contracts;
  • the Exempted Limited Partnership Act (2021 Revision), which governs the creation and registration of security interests over limited partnership interests;

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