ArticleMoney-Services Businesses To ContinueFast Funds has advised CIMA that it will suspend its money transfer services, effective today. Cayman IslandsFinance and BankingCayman Islands Government
ArticleOSAIF Holds National Risk Assessment WorkshopThe Office for Strategic Action on Illicit Finance (OSAIF) successfully hosted a three-day workshop bringing together public and private sector stakeholders to review current risks...Cayman IslandsFinance and BankingCayman Islands Government
ArticlePrivate Funds And The Cayman Islands Fund Annual Return 2025 DeadlineThe Accounting, Tax & Agency Services team at the Maples Group provides a host of services assisting with Fund Annual Return filing.Cayman IslandsFinance and BankingMaples Group
ArticleRated Note Feeders And The Cayman Islands – Lender FAQsWe are often asked by our clients: "What are you seeing? Anything interesting in the market on your side?" to which our answer as Cayman counsel is more often than not that we are a ship floating in a tide and what they see as trends ...Cayman IslandsFinance and BankingConyers
ArticleSIBA Registered PersonsThe recent Anti-Money Laundering ("AML") Surveys undertaken by the Cayman Islands Monetary Authority ("CIMA") have once again highlighted that entities regulated by CIMA...Cayman IslandsFinance and BankingMaples Group
ArticleTermination Of Mutual Funds On Or Prior To 31 December 2020 And Extension Of Audit Filings For Mutual Funds With Financial Year End 30 June 2020Pursuant to the Cayman Islands Monetary Authority ("CIMA") notices issued on 14 December 2020 (found here) and 11 December 2020 (found here) respectively, CIMA has advised the following...Cayman IslandsFinance and BankingWalkers
ArticleThe CLOser - September 2014The CLOser is Maples and Calder's industry newsletter focused primarily on current Cayman Islands and Irish legal issues that are relevant to the CLO market. Cayman IslandsFinance and BankingMaples Group
ArticleThe Monetary Authority Amendment Law – Administrative FinesThe Cayman Islands Government has enacted the Monetary Authority (Amendment) Law, 2016. Although the Law will not be in force until a Cabinet Order is made to that effect, the Law gives CIMA the power to impose administrative fines . . .Cayman IslandsFinance and BankingMaples Group
ArticleUpdate For All Registered Private Funds And Regulated Mutual FundsThe Cayman Islands Monetary Authority ("CIMA") has introduced rules for Cayman Islands regulated mutual funds and registered private funds.Cayman IslandsFinance and BankingWalkers
ArticleUpdate On Public Registers Of Beneficial OwnershipThe Cayman Islands Government acknowledges the progress made by the UK's Overseas Territories (OTs) in regard to beneficial ownership and the UK's decision to draft, but not enact... Cayman IslandsFinance and BankingCayman Islands Government
ArticleUpdate On The Beneficial Ownership Regime In The Cayman Islands - New Technical Guidance For Corporate Services ProvidersOn 15 March 2024, the Ministry of Financial Services and Commerce (the "Ministry") issued Technical Guidance for corporate services providers ("CSPs") to facilitate changes to internal processes...Cayman IslandsFinance and BankingWalkers
ArticleUpdates To Annual Fees For Cayman Regulated FundsThe Cayman Islands Monetary Authority (the Authority) has issued a recent industry notice providing clarification on revisions to certain fees payable by regulated mutual funds and regulated private funds...Cayman IslandsFinance and BankingStuarts Humphries
ArticleCommunication Is Key: Cayman Islands Court Approves Direct Court-to-Court Protocol In LATAM Airlines RestructuringAs part of the on-going restructuring of the LATAM Airlines group, the Grand Court of the Cayman Islands (the "Court") recently approved an application made by the joint provisional liquidators...Cayman IslandsInsolvency/Bankruptcy/Re-StructuringWalkers
ArticleDistress In The Shipping Sectors – Why Use Cayman Islands Debt Restructuring Tools?With the focus on distress in the shipping and oil and gas sectors, predictable and cost-effective tools to implement a debt restructuring have never been more crucial. Cayman IslandsInsolvency/Bankruptcy/Re-StructuringMaples Group
ArticleOakwise Principles In Action: Recent Appointment Of Receivers Over A Cayman Segregated PortfolioIn Biostar Pharma, Inc. v. LFM Oversea Investment Fund SPC and LFM Stable Income Fund SP [2025] CIGC (FSD) 118, the Grand Court of the Cayman Islands appointed receivers over LFM Stable Income Fund SP (the "SP")...Cayman IslandsInsolvency/Bankruptcy/Re-StructuringConyers
ArticleChallenges Of Taking Security Over The Shares Of A Licensed InsurerOur insurance finance practice continues to grow at pace and is now regularly called on by clients to assist on credit facilities being put in place for Cayman licenced insurers.Cayman IslandsInsuranceConyers
ArticleFinancing Transactions For Cayman Regulated InsurersAs a leading jurisdiction for the domicile of captive insurance companies and, more recently, reinsurance companies (together "insurance vehicles"), the laws of the Cayman Islands have a ...Cayman IslandsInsuranceConyers
ArticleCIIPO Team Focuses On The "Business Of IP" At INTATwo Cayman Islands Government delegates attended the International Trademark Association's (INTA) Annual Meeting to delve into intellectual property's pivotal role in driving innovation and business success. Cayman IslandsIntellectual PropertyCayman Islands Government
ArticleCayman Islands Local PPOC RequirementThe Cayman Islands has implemented new regulations requiring every Cayman Financial Institution to designate a Principal Point of Contact based locally, with an extended compliance deadline now set for January 2027. This development represents a significant component of the jurisdiction's broader CRS 2.0 implementation framework, creating new operational obligations for financial institutions operating in the territory. Cayman IslandsTaxStuarts Humphries