Share on LinkedInShare on LinkedIn

ARTICLE · 11 JUNE 2014

Directors Registration And 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 Directors Registration and Licensing Law 2014 came into force on 4 June 2014.

Cayman IslandsWealth Management
Bryan Hunter
Bryan Hunter
Author LinkedIn connections

The Directors Registration and Licensing Law 2014 (Law) came into force on 4 June 2014.

The Law applies to all directors of (i) companies regulated or licensed by CIMA as mutual funds and (ii) companies registered as 'excluded persons' (and who are not regulated by an overseas authority) under the Securities Investment Business Law, all defined as 'Covered Entities'.

Each such director will need to register with CIMA and to do so will need a unique identification number (Unique ID) in order to complete the online registration process. CIMA has now issued these Unique IDs to each Covered Entity's registered office provider and Appleby Trust (Cayman) Ltd. is in the process of contacting all directors for whom they have received Unique IDs.

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