Cayman Islands – Limited Partnerships

The Cayman Islands Monetary Authority has introduced sweeping changes to anti-money laundering audit requirements for investment funds, mandating independent audits of entire compliance programmes by September 2026. This marks a fundamental departure from previous practice where internal AML officers could conduct their own testing, raising critical questions about implementation timelines, qualified auditor availability, and compliance costs for funds operating in the jurisdiction.

A recent change to the Immigration Law has resulted in a significant increase in the qualifying sums for persons seeking to make an application to the Cayman Islands Government for permanent residence by independent means.

On January 2, 1997 The Cayman Islands Stock Exchange (CSX) became part of the vast network of financial services offered by the Cayman Islands.

Liquidity concerns are all too familiar to most private equity fund managers these days, and investors in their funds have not been immune.

Private equity funds have been capturing the attention of investors and the press in the past few years for a number of reasons. Their performance has typically outstripped the equity markets and other alternative investment strategies.

On 22 December 2011, the Cayman Islands introduced legislation to widen the range of master funds that are required to register with the Cayman Islands Monetary Authority ("CIMA").

A number of Section 238 cases are continuing to work their way through the courts.

The absence of any local corporate and individual taxes on the sale of real estate in the Cayman Islands is one of the major attractions for both onshore and offshore investors of real estate in the Cayman Islands.

The Cayman Islands (Cayman) has long set the benchmark for sophisticated private wealth structuring and solutions.

The long awaited portfolio insurance company legislation is now in force

So excited are the left-wing media at the apparent ease with which the legitimate right to privacy can now be breached, that absent from the extensive coverage of the Panama Papers leak...

On January 2, 1997 The Cayman Islands Stock Exchange (CSX) became part of the vast network of financial services offered by the Cayman Islands.

For many decades the Cayman Islands has been one of the leading offshore jurisdictions for the establishment of private equity, private credit and hedge funds, and stands at the centre of their capital flows and sophisticated legal structures.

On 22 December 2011, the Cayman Islands introduced legislation to widen the range of master funds that are required to register with the Cayman Islands Monetary Authority ("CIMA").

The Cayman Islands, being a British Dependent Territory and not an independent country, cannot grant citizenship, which is governed by the British Nationality Act, but it determines its own immigration policies, which are contained in the Immigration Law, and the conditions on which any individual, partnership or company may carry on business.

The Cayman Islands has taken steps to introduce a new vehicle in 2016. The Limited Liability Companies Bill, 2015 (the "Law") was published in December 2015, and is expected to become law in the first half of 2016.

For ease of reference we have divided the following information into two parts. The first section provides a comprehensive summary of the subject matter, Corporations and Companies and the second section entitled "Memo-<B> </B>Incorporation Of Companies In The Cayman Islands," simply provides a brief overview, in memo format, of the subject matter.

On 7 December 2015 the Cayman Islands Tax Information Authority published a list of 95 participating jurisdictions pursuant to The Tax Information Authority (International Tax Compliance) (Common Reporting Standard) Regulations, 2015...

Join Dr Agnes Molnar from Travers Thorp Alberga for an informative podcast interviewing Michael Mascia from EverBank.

Join Dr Agnes Molnar and Richard Mansi from Travers Thorp Alberga for an informative podcast interviewing Joshua Lyons and Weston Wilkinson from Investcorp Strategic Capital Group.