Technical Brief for Investment Funds 2023
We attach a copy of our latest Technical Bulletin on Cayman Islands Funds which provides analysis and commentary on some of the topical issues over the last six (6) months, including:
i. The New Regime for Restructuring Officers
ii. Cayman Islands Private Funds
iii. CIMA Rules and Guidance for Corporate Governance for Regulated Funds
iv. Administrative Fines Regulations in respect of Cayman Private Funds
v. Summaries:
a. Cayman Islands satisfies FATF Action Plan and is scheduled to be removed from the FATF “grey list”
b. Private Fund SP Fees to be Returned.
Recent News & Publications
14 Nov 2024
Preference shares and redemption rights in the Cayman Islands – an overview
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Background
It has become increasingly popular in recent years for venture capital (VC) and private equity (PE) firms to set up exempted companies limited by shares in the Cayman Islands for the purposes of pre-IPO equity...
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4 Nov 2024
The British Virgin Islands: Navigating the Future of Offshore Financial Services in the Age of Digital Assets and AI
The Financial Services Commission of the British Virgin Islands has published guidance on what is required of persons registered under the Virtual Assets Service Providers Act 2022 to comply with the “Travel Rule” (Guidance).
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