The Cayman Islands Monetary Authority ("CIMA") has recently issued an updated rule and regulatory procedure in respect of the cancellation of licenses or certificates of registration for regulated mutual funds...

On 11 March 2024, the Companies (Amendment) Act, 2024 was gazetted (the "Amendment Act"). The purpose of the Amendment Act is to make the following...

Over the past 12-18 months we have seen a marked increase in the number of BVI statutory fair value appraisals as a result of minority shareholders...

On 24 July 2025, the Privy Council delivered its judgment in Jardine Strategic Ltd (Appellant) v Oasis Investments II Master Fund Ltd and 80 others (Respondents) (Bermuda) [2025] UKPC 33.

The Cayman Islands is one of 61 countries that have agreed to implement CRS with more than 30 countries expecting to follow shortly.

The stratospheric rise in the value of cryptocurrencies throughout 2017, coupled with significant price volatility, caught the attention of the world at large.

Pursuant to the BVI Business Companies (Financial Return) Order, 2023 (the "Order") (available here), every BVI company is required to file with its registered agent an annual financial return...

Prospective yacht owners in the United States of America are staring down the barrel at significant cost increases due to the imposition of new US tariffs.

On 7 February 2017 the Nairobi International Convention on the Removal of Wrecks, 2007 (the "Nairobi Convention") was given legal effect in the Cayman Islands through the Merchant Shipping...

The Economic Substance (Companies and Limited Partnerships) Act, 2018 (the "Act") was passed on 1 January 2019, introducing economic substance requirements...

The last few years have seen a steady flow of Chinese businesses choosing to incorporate entities in the British Virgin Islands (BVI), and Chinese lawyers seeking knowledge on the uses

In April 2023, the Cayman Islands Monetary Authority ("CIMA") issued a new Statement of Guidance on Corporate Governance for Mutual Funds and Private Funds ("SOG") and Rule...

On 14 March 2022 the Privy Council handed down its decision in Day and others v The Governor of the Cayman Islands and another [2022] UKPC 6 dismissing the Appellants' appeal for...

The Cayman Islands Monetary Authority (CIMA) has launched the new Prudential Information Survey, which must be completed and submitted by all entities registered with CIMA as Registered Persons...

On 27 October 2023, the Financial Action Task Force ("FATF") announced at its plenary in Paris that the Cayman Islands would be removed from its anti-money laundering "grey list" as the FATF has determined...

On the matter of company restructuring, from the latest regulation updates, to the biggest challenges this legal segment faces, our next thought leader details his thought leadership in the Cayman Islands' restructuring arena.

On 24 July 2025, the Judicial Committee of the Privy Council delivered a landmark judgment in Jardine Strategic Holdings Ltd (Appellant) v Oasis Investments II Master Fund Ltd and others (Respondents) No 2 (Bermuda) [2025]...

In a judgment delivered on 25 May 2023, the Grand Court of the Cayman Islands ordered the joinder of two plaintiff limited partners of The Port Fund L.P. (the "Fund") as defendants to a crossclaim...

On 15 July 2016 the Governor of the Cayman Islands assented to the repeal of the longstanding Confidential Relationships (Preservation) Law.

Despite the media portrayal of offshore jurisdictions, not all offshore companies are vehicles of fraud. However, there are undoubtedly cases where offshore companies are used to...