Hardin Compliance Consulting LLC (JD Supra Cayman Islands)
2 results for Hardin Compliance Consulting LLC (JD Supra Cayman Islands)
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Cayman Islands Fund Managers Face New Anti-Money Laundering Requirements
The Cayman Islands Monetary Authority (“CIMA”) made a number of key changes to its anti-money laundering (“AML”) regulations in 2018 (the “AML Regulations”) including expanding their reach to unregulated entities, including private equity, venture capital and real estate funds, insurance entities and finance vehicles like collateralized loan obligations (“CLOs”)....
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Cayman Islands Requires Companies to Maintain Beneficial Ownership Register; Is Your Fund In or Out (of Scope)?
As of July 1, 2018, companies and limited liability companies incorporated or registered in the Cayman Islands are required to maintain a beneficial ownership register at their Cayman Islands-registered offices (or appointed service provider), unless an exemption applies. Hedge funds and private investment companies registered as companies or limited liability companies in the Cayman Islands...