Insights

07 Sep 2020

The Lowdown on the Cayman Islands Insurance Industry

The Cayman Islands is the second largest domicile for captive insurance companies and is the number one domicile for healthcare captives. IMS's Damien Austin discusses types o..

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31 Aug 2020

An Executive Summary of Cayman Islands Trusts

The Trusts Law (the "Trusts law"), the Fraudulent Dispositions Law and the Perpetuities Law of the Cayman Islands makes it a most attractive jurisdiction in which to establis..

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24 Aug 2020

The End of Life Process for Cayman Vehicles

If your Cayman vehicle has come to the end of its life cycle, now is the time to initiate the process to avoid or reduce any unnecessary 2021 annual government, registration/l..

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17 Aug 2020

Recently Updated and Newly Issued Rules for Cayman Funds

More recently and to be in line with the EU and OECD directives, CIMA's rules for licensed mutual funds were expanded to include registered mutual funds as well as the newly r..

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10 Aug 2020

DeFi for Blockchain and Digital Assets

Sean Inggs, a corporate and funds lawyer by background, one of the professional independent directors at IMS, looks into the new and exciting arena of DeFi for blockchain and ..

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20 Jul 2020

Newly Launched Cayman Funds – How To Navigate Current Audit Requirements

All Cayman regulated mutual and private funds are required to have their financial accounts audited on an annual basis by an auditor approved by the Cayman Islands Monetary Au..

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16 Jul 2020

Important Changes to the Scope of Cayman’s Private Funds Law 2020

On 7 July 2020 the Cayman Islands Government have enacted an amendment to the Private Funds Law, 2020 (the “PFL”). This clarifies and extends the scope of entities to be c..

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16 Jul 2020

Changes to Beneficial Ownership Requirements Introducing New Fines

Effective from 29 June 2020, the Cayman Registrar of Companies has the authority to impose administrative fines for companies that breach specified beneficial ownership provis..

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16 Jul 2020

New Private and Limited Investor Funds - Registration Deadline Approaching

The deadline of 7 August 2020 for the newly introduced Private and Limited Investor Funds to register with the Cayman Islands Monetary Authority (“CIMA”) is fast approachi..

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16 Jul 2020

COVID19: Extensions for Cayman Annual Returns Coming to an End

The Cayman Islands’ Registrar of Companies and Exempted Limited Partnerships has previously extended the deadline for entities to complete their annual returns to 30 June 20..

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01 Jun 2020

IMS expands team of experienced Cayman-based fund directors

We are delighted to expand the IMS Fund Fiduciary & Private Client teams by welcoming two highly qualified and experienced directors, Ruan van Vuuren, CA, CAIA, Acc.Dir. and J..

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01 Apr 2020

Hedgeweek Feature: Strengthening Oversight in the Cayman Islands

Hedgeweek interview with IMS's Ebony Myles-Berry on improving board diversity in Cayman’s fund industry

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11 May 2019

Cayman Funds Feature: How to cope with regulatory change

Fund managers have plenty of issues to keep abreast of, but few provide such a consistent challenge as keeping up with the rapid rate of regulatory change. Service providers, ..

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11 Apr 2019

Cayman Funds Feature: The Rise of Digital Assets Funds

The Cayman Islands has not passed bespoke regulation covering investments in cryptocurrencies, but the sector is steadily growing using existing laws. Sean Inggs of Internatio..

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10 Feb 2019

HedgeWeek Feature: Residency of independent directors more important in current ..

HedgeWeek Q&A with Karl O’Reilly, Fund Director at International Management Services Ltd (IMS)

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01 Jul 2018

Registers of Beneficial Owners in the Cayman Islands

The Cayman Islands Beneficial Ownership register update. Government passes legislation to create and maintain beneficial ownership registers.

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