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News | 22 December 2015
Common Reporting Standard Enters Into Effect For Investment Funds In The Cayman Islands on 1 January 2016
The Cayman Islands Government has published a new Bill that will require all directors, whether Cayman Islands resident or non-resident, of “Covered Entities” to register with the Cayman Islands Monetary Authority (“CIMA”). Covered Entities are: (i) mutual funds regulated by CIMA and (ii) companies which maintain a registration…
News | 16 October 2015
The Meaning Of “Fair Value” In Merger Transactions
On 28 August 2015, Jones, J., gave the first Judgment in the Grand Court of the Cayman Islands on the meaning of “fair value” in merger transactions pursuant to s. 238(1) of the Companies Law (2013 Revision) (the “Law”).
News | 12 August 2015
Arbitration in the Cayman Islands
This Briefing Note provides a brief overview of arbitration in the Cayman Islands and the circumstances in which clients may consider it useful to consider agreeing to this form of alternative dispute resolution (“ADR”) in their contractual arrangements.
News | 16 July 2015
Mareva or Freezing Injunctions in the Cayman Islands
A mareva or freezing injunction is an interim court order, restraining a party from dealing with, or removing, assets from the jurisdiction. Such an order is normally applied for on an basis (or without notice to the respondent) in order to avoid the risk of the dissipation of…
News | 20 May 2014
Cayman Islands to introduce new regime for registration and licensing of Directors
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 by the UK’s Data Protection Act, the DPA includes provisions very similar to GDPR (together “Data Protection…