Legal Insights

Fiat currency transactions – What rules and restrictions govern the exchange of fiat currency and cryptoassets?

Some time ago, the tokenisation of assets moved beyond the experimental stage in the context of investment funds in the Cayman Islands. What perhaps began as a niche exercise in representing interests on a blockchain is increasingly being proposed by mainstream sponsors as a way to broaden distribution,…

What are the main corporate structures used to set up a retail fund? How are they formed?

What legal framework governs cryptoassets? Is there specific legislation governing cryptoassets and businesses transacting with cryptoassets?

Cayman Islands introduced The Virtual Assets (Service Providers Act) (“VASP Act”) to align with the standards and recommendations set out by the Financial Action Task Force relating to the AML/CFT supervision of virtual asset services providers (“VASPs”).

Explore key points of fund management regulation in Cayman Islands, a jurisdiction with a strong global reputation, tax neutrality and fund flexibility.

The Common Reporting Standard (“CRS”) which was published by The Organisation for Economic Co-operation and Development (“OECD”) is intended to, among other things, improve international tax transparency. The CRS achieves this objective by, among other things, requiring committed jurisdictions to obtain information on offshore accounts held with “Financial…

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…