法律快讯

“Expertise: Investment Funds Governance, Regulatory and Compliance Entity Formation and Managed Services” In this issue: New Corporate Governance Standards for Regulated Mutual Funds

The Anti-Money Laundering Regulations (2018 Revision) of the Cayman Islands (AML Regulations) have expanded the scope of the Cayman Islands’ anti-money laundering regime significantly, including its application to investment funds generally, and specifically to (i) private equity funds and other closed-ended funds (e.g. venture capital and real estate…

The Foreign Judgments Reciprocal Enforcement Law (1996 Revision) (the “Law”) allows a judgment creditor to apply for the judgment to be registered in the Grand Court and thereafter is deemed to have the same force and effect as Judgment of the Grand Court. However, at present the Law…

New listing rules published by the Cayman Islands Stock Exchange (the “CSX”) in April 2017 will enable an easier listing of pre-IPO and early stage growth companies as “Specialist Companies” pursuant to a new Chapter 14 of the CSX listing rules. The ownership and transfer of the securities issued by such…

The Cayman Islands (Cayman) has been the leading offshore jurisdiction for merger and acquisition (M&A) activity over the last two (2) years. In 2015, Cayman-incorporated companies were the target of 863 transactions worth a combined value of USD116.41bn. The value was more than twice the amount of the…

Cayman Islands exempted companies are widely utilized in structuring cross-border finance transactions. One of the key reasons for this is that the Cayman Islands provides a flexible and well-tested regime for secured financing transactions that is attractive to borrowers and lenders alike. The process for creating security in…

“Expertise: Investment Funds Governance, Regulatory and Compliance Entity Formation and Managed Services” In this issue: New Corporate Governance Standards for Regulated Mutual Funds

The Foundation Companies Act 2017 (the “Act”) introduced a novel corporate vehicle to the Cayman Islands – the “Foundation Company”. This company structure has a number of applications and continues to grow in popularity. This article provides an overview of the Foundation Company structure in the Cayman Islands.