Cayman Confidential: Exploration of Evolving Regimes

Significant developments this year, both in legislation and business practice, demonstrate the evolving nature of confidentiality regimes and considerations in the Cayman Islands, writes Simon Dickson and Rhiannon Williams.

The repeal of the Confidential Relationships (Preservation) Law (2015 Revision) and the publication of the Data Protection Bill, 2016, plus enhanced awareness of the importance of cyber security, all play a role in the framework balancing transparency with adequate and internationally recognised safeguards to protect the confidential information of both individuals and businesses.

CONFIDENTIAL INFORMATION DISCLOSURE LAW, 2016: A WELCOME REFORM

On 22 July 2016 the Cayman Islands Government published the Confidential Information Disclosure Law, 2016 (the CID Law) which repeals the Confidential Relationships (Preservation) Law (2015 Revision) (the CRP Law) and establishes a new statutory regime in the Cayman Islands for the disclosure of