235 results found

The Cayman Islands' evolving regulatory landscape is driving increased demand for experienced independent directors on fund boards. New corporate governance requirements from CIMA, combined with growing investor and counterparty expectations, are reshaping how fund sponsors approach board composition and oversight arrangements.

Private credit continues to play an increasingly significant role in global capital markets, as borrowers and investors seek alternatives to traditional bank lending.

The Cayman Islands continues to be home to a thriving financial services industry, which is bolstered by prudent and robust regulation.

For entities licensed or registered under the Securities Investment Business Act (Revised) (SIBA), there are upcoming deadlines in December and January that will need to be observed in order to...

Now that the Virtual Asset (Service Providers) Act (Commencement) Order, 2025 is in full force, our Regulatory & Risk Advisory (Cayman) team stands ready to deliver precise and proactive oversight of your company's compliance needs.

In part two of this publication series, Appleby's regulatory team consider the updated corporate governance guidance for regulated funds, the revised rule and guidance on Cybersecurity and the revised guidance...

AML in the Cayman Islands is complex and varies for each industry sector. Below is general guidance on AML Officer requirements.

The Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024 ("Bill") which sets out proposed amendments to the Companies Act 2014 arising from issues identified...

Even the casual observer will note the troubling convergence between the billion-dollar claim for damages by the liquidators of two Bear Stearns Cayman Islands-based investment funds.

As institutional investors continue to drive asset growth in the hedge fund industry since the 2008 financial crisis, they are also acting as a catalyst for positive change that benefits the interests of all investors.

DMS Executive Director Kevin Phillip discusses the impact institutional investors are having on governance practices and standards in the latest issue of Cayman Finance.

Financial service providers and international businesses operating through the Cayman Islands have obligations across automatic exchange of information regimes, economic substance and related reporting.

The Cayman Islands Monetary Authority (CIMA) has recently published new and updated rules and statements of guidance relating to the governance of regulated entities.

In a very recent judgment in the wake of the Abraaj Group fallout, the Grand Court of the Cayman Islands refused to strike out a just and equitable winding up petition and, in the process...

Feedback from CIMA's inspections is provided to the relevant sector of the financial services industry formally and the findings are brought into the public domain through CIMA's publication...

Following industry consultation, the Beneficial Ownership Transparency Act ("BOTA") was gazetted on 15 December 2023 and commenced on 31 July 2024...

The number of private funds being established in the Cayman Islands has continued to rise. This sector proved to be resilient and flexible as it swiftly adapted to a new regulatory regime and...

Our investment funds team outline the latest developments within the investment funds market in the Cayman Islands including the removal of the jurisdiction from the Financial Action Task Force...