Legislation from the Cayman Islands Ministry of Financial Services and Home Affairs has officially passed and promises to change the way financial professionals do business there. While the legislation brings the Caymans more in line with the rest of the financial world and will ultimately result in greater investor—and regulatory—confidence and transparency, it significantly changes many familiar standard operating procedures.
Our Alternative Investments Team has prepared a detailed summary of key points from both The Mutual Funds (Amendment) Bill, 2020 and the Private Funds Bill, 2020.
Download our 3 page summary and contact us if you have specific questions about the new legislation.
For more information about the services Richey May provides to the alternative investments industry or questions about this summary, please contact Stephen Vlasak.
