On 4 October 2022 the Governor of the Cayman Islands issued General Licence GL/2022/0001 for the Cayman Islands Funds Industry (the "General Licence") which provides relief from aspects...

The Insolvency and Dispute Resolution team at Walkers in Dubai continue to advise on the impact of the recent sanctions imposed on Russia in an offshore context, including whether...

This update briefly analyses the limited practical consequences of this addition to the Monitoring List for clients using Cayman Islands vehicles.

Sanctions are restrictions put in place by international organisations, in particular the United Nations, or countries to achieve a specific foreign policy or national security objective.

Over the first quarter of 2022, there have been a number of notices issued by the Cayman Islands regulatory authorities.

Maples and Calder, the Maples Group's law firm, advised E-House (China) Enterprise Holdings Limited (the "Company") on the restructuring of its New York law-governed notes by way of a Cayman...

From 13 April 2022, EU sanctions1 prohibit EU investment funds (which invest in Euro denominated transferable securities2 ) from accepting new investments from Russian or...

A Cayman Islands government task force established on 16 March 2022, less than a month after Russia's invasion of Ukraine, has reported that in the past 18 months...

The Cayman Islands Financial Reporting Authority (FRA) has issued a Public Notice confirming that, in line with previous announcements issued by the UK Government, the UK Sanctions List is now the only official list detailing all sanctions designations published by the UK Government.

As the war continues to rage on the Eastern front between Russia and Ukraine, the financial sanctions resulting from the initial invasions...

Importantly, under EU law, EU persons can now engage again in activities and services in Iran or with Iranian persons much more freely.

On 6 November 2025, the Cayman Islands Financial Reporting Authority (FRA) published a notice requiring all entities which hold or control frozen assets of a person designated under UK sanction...

The Cayman Islands Monetary Authority has published two new Rules introducing binding requirements for regulated financial service providers regarding anti-money laundering, counter-terrorist financing...

On 23 June 2023, the FATF announced that the Cayman Islands had fulfilled the remaining action item and is now eligible for removal from its list of jurisdictions subject to increased monitoring.

There has been much activity in relation to economic sanctions in the last few months.

Welcome to the Cayman Islands Regulatory Round Up: March 2025 – May 2025...

Welcome to the second instalment of 2024 of the Regulatory & Risk Advisory Review. In this edition we cover several Cayman Islands regulatory updates including updates...

This Round Up provides a concise yet thorough summary of regulatory developments relevant to financial service providers (FSPs) and other stakeholders in the Cayman Islands

Following publication by CIMA of the private fund annual return form (FAR Form) on 9 July 2021 and the related fund entity form (RFE Form) on 30 August 2021