MAPLES: ESMA advice suggests further deferral of AIFMD Passport for Third Countries
By Tim Clipstone, Jon Fowler, Jonathan Green, Philip Ireland, Barry McGrath, Peter Stapleton, Anthony Webster, Paul Govier, Tom Katsaros From Maples On 19 July 2016, the European Securities and Markets Authority (“ESMA”) delivered its latest advice (the “Advice”) to the…
ESMA publishes letter from European Commission on AIFMD passport Fund Management
The European Securities and Markets Authority (ESMA) has published the letter it received from the European Commission (EC) in respect of its advice on the application of the Alternative Investment Fund Managers Directive (AIFMD) passport to non-EU AIFMs and AIFs,…
Increased fund governance and regulation keeps Cayman at the forefront
By James Williams From Hedgeweek With more consolidation expected in 2016 within the hedge fund administration space, those that thrive and survive will likely be ones with a strong reputation, a robust operating model that is able to support managers…
Cayman LLC should offer a ‘cleaner’ vehicle for PE managers
By James Williams From Hedgeweek It’s safe to say that the Cayman Island Government’s in-tray is probably rather full at the turn of the year. Two major developments are in train, both of which are set to further enhance the…
Mutual Funds-Related and Companies Bills gain Cayman Islands LA approval
The Ministry of Financial Services, Commerce and Environment had four bills – one involving changes to the Monetary Authority Law, two regarding regulations for mutual funds, and one relating to the filing of company directors and officers – that recently…
ESMA Advice and Opinion on European Passport Extension – Cayman Islands excluded from initial assessment
By Derbhil O’Riordan & Shane Geraghty From Dillon Eustace The Directive on Alternative Investment Fund Managers (Directive 2011/ 61/EU or “AIFMD”), regulates the management and marketing of Alternative Investment Funds (“AIFs”) and aims to provide for and harmonise an internal…
Cayman Islands: Understanding The AIFMD distribution landscape
By Derek Delaney From DMS Offshore Investment Services “I was in Chicago recently. A German pension fund said they had a USD500m allocation in a Chicago-based fund. They wanted to know that they could continue having a relationship with the…
DMS Offshore Investment Services onboards White Oak AIF on Irish platform
GRAND CAYMAN, Cayman Islands, Feb. 23, 2015 /PRNewswire/ — DMS Offshore Investment Services Ltd. (DMS), the world’s largest fund governance firm, and White Oak Global Advisors, LLC (White Oak) have announced the launch of an Alternative Investment Fund (AIF) hosted…
AIFMD – Marketing Offshore AIFs into the EEA: The Guernsey, Jersey and Cayman Islands View
From Carey Olsen Location – Cayman Islands | Guernsey | Jersey Member states of the European Union (“EU”) were due to implement The Alternative Investment Fund Managers Directive 2011/61/EU (the “AIFMD”) by 22 July 2013. The AIFMD granted a transitional…
Cayman Islands well placed as AIFMD transitional period expires
From Cayman Funds Magazine With the transitional period for the implementation of the European Alternative Investment Fund Managers Directive (AIFMD) having recently expired, the Cayman Islands is well placed to navigate the new regulatory landscape in Europe. That is according…
