Technical Brief for Investment Funds

The recent Privy Council ruling in Tianrui (International) Holding Company Ltd v China Shanshui Cement Group Ltd [2024] UKPC 36 has significant implications for Cayman Islands company law, insofar as the judgment clarifies critical principles governing derivative actions and the rights of shareholders (including minority shareholders) to bring...

The Financial Services Commission (FSC) of the British Virgin Islands (BVI) has published guidance on what is required of persons registered under the Virtual Assets Service Providers Act 2022 (VASP Act) to comply with the “Travel Rule” (Guidance).

The Cayman Islands Monetary Authority (CIMA) conducts inspections to ensure that regulated entities comply with applicable laws and regulations. We set out below a general guide on inspections by CIMA.

A Private Trust Company (PTC) is an entity that is established with the sole purpose of acting as a corporate trustee to a trust or a number of trusts, provided those trusts are "connected". The term "Connected trust business" means trust business where the settlors of funds to...