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ARTICLE · 12 DECEMBER 2016

Cayman Islands Quarterly Update - November 2016

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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In what is likely to be a very popular addition to Cayman's stable of corporate products, the Limited Liability Company (LLC) has been introduced...

Cayman IslandsWealth Management

Limited Liability Company arrives in the Cayman Islands

In what is likely to be a very popular addition to Cayman's stable of corporate products, the Limited Liability Company (LLC) has been introduced, in response to strong demand from the US asset management industry for an offshore vehicle more closely aligned with the Delaware LLC.

The new LLC brings together the best elements from the exempted limited company and exempted limited partnership in a flexible hybrid structure, with separate legal personality, but no requirement for share capital. Click here for more on the new Cayman Islands LLC 

Italy adds Cayman Islands to white list

The Cayman Islands was included in Italy's 'White List' in early September, in a positive development, which reaffirms recognition in Europe of the strength of Cayman's robust framework to combat financial crime and tax evasion. The inclusion means that Cayman funds can invest in certain Italian securities such as bonds and

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