Legal News
29 Feb 2024
GDPR and the Cayman Islands’ Data Protection Act, 2021 – a comparison
The EU’s General Data Protection Regulation (“GDPR”) applies to offshore investment funds with European investors. The Cayman Islands Data Protection Act, 2021 (“DPA”), regulates the processing of all personal data. Inspired...
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26 Feb 2024
Cayman Islands Monetary Authority publishes AML/CFT Activity Report for 2022
The Cayman Islands Monetary Authority has recently published its annual AML/CFT Activity Report for 2022. This brief covers a few points worth noting.
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22 Feb 2024
Legal Insight: Avoiding BVI law and Cayman Islands law pitfalls in banking & finance and corporate transactions
There are certain notorious pitfalls to avoid in the context of British Virgin Islands (“BVI”) and Cayman Islands banking & finance and corporate transactions. In this article, we examine five such pitfalls.
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19 Feb 2024
SFC in Hong Kong reprimands and fines Hong Kong manager for fund management failures in respect of a Cayman Islands incorporated fund
On 5 February 2024, the Securities and Futures Commission in Hong Kong published a Statement of Disciplinary Action, which found that PICC Asset Management (Hong Kong) Company Limited, was guilty of misconduct
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