Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 28 MAY 2014

Directors Registration & Licensing Law 2014

Appleby
Appleby
Contributor
Appleby

Appleby

Appleby is a leading offshore law firm. The team of legal specialists advise global public and...

View firm profile
Explore more from Appleby

The Cayman Islands Government announced the proposed introduction of a new registration and licensing regime for directors of certain regulated entities.

Cayman IslandsWealth Management
Bryan Hunter
Bryan Hunter
Author LinkedIn connections

After much speculation, the Cayman Islands Government announced in March 2014 the proposed introduction of a new registration and licensing regime for directors of certain regulated entities in the Cayman Islands.

After industry review and consultation, The Directors Registration and Licensing Law 2014 (Law) has been passed, but is yet to come into force. However, certain key elements of the new registration and licensing regime have yet to be released – including the hotly debated fee levels.

All directors of regulated mutual funds under the Mutual Funds Law (2013 Revision) of the Cayman Islands and companies licensed under the Securities Investment Business Law (2011 Revision) of the Cayman Islands (Covered Entities) will be caught by the Law.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

CIMA’S New AML Audit Rules Effective 18 September 2026 And What Investment Funds Need To Know

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.
Cayman IslandsWealth Management
Dillon Eustace
Dillon Eustace
Article

BMA Sets Out Phased Path To A Bermuda Insurance Resolution Regime

The Bermuda Monetary Authority has published a consultation paper outlining the first phase of a resolution regime for the commercial insurance sector, designed to align with international standards. The framework establishes the BMA as the Resolution Authority with five core objectives and defines which insurers will fall within scope. This phased approach raises important questions about governance, recovery planning, and the practical implications for domestic insurers and Internationally Active Insuranc
BermudaInsurance
Appleby
Appleby
Article

The Long Game: How Bermuda Became The World’s Life Reinsurance Capital

Bermuda has emerged as the dominant global hub for life and annuity reinsurance, now holding over $900 billion in US life and annuity liabilities and accounting for 84% of all US reserves ceded offshore. This analysis examines how the island's sophisticated regulatory framework, purpose-built infrastructure, and commercially engaged regulator have created a structural advantage that extends beyond its traditional catastrophe reinsurance roots into long-dated life business from the US, UK, and Asia.
BermudaInsurance
Appleby
Appleby