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George Town, Grand Cayman – Underscoring the subject's importance to financial services providers, as well as to every person who has a company - regardless of its type - in the Cayman Islands, the Minister of Financial Services again urges industry, clients and the general public to respond to Government's consultation paper on the beneficial ownership of companies by the Friday, 31 January deadline.

In Cayman Islands finance transactions, it is common for lenders to take security over the shares in a Cayman Islands entity through a Cayman Islands law governed equitable mortgage.