Setting up a Cayman Islands Investment Manager
By David Lloyd, Founder & MD, Independent Fund Director The Securities Investment Business Law (“SIBL”) regulates entities incorporated or operating in the Cayman Islands. Almost all managers to investment funds formed in the Cayman Islands are exempt from obtaining a…
Editorial illustrations by Mitch Blunt
From Designer Daily A selection of some of Mitch Blunt‘s great editorial illustration work. See more works from Mitch Blunt at: http://www.mitchblunt.com/ Mitch Blunt is a conceptual Illustrator from Hastings, England. He would love to work with you so please…
The [Cayman Islands] Directors Registration and Licensing Law, 2014
Article by Matt Mulry and Christine Holland from Dillon Eustace The Directors Registration and Licensing Law, 2014 (the “Law”) which provides for the regulation of directors of certain entities in the Cayman Islands was published on the 21st of May,…
CIMA appoints Head of the Investments and Securities Division
Deputy Head of the Investments and Securities Division of the Cayman Islands Monetary Authority (CIMA), Ms. Heather Smith, has been appointed as Head of the Division, following the resignation of substantive Head, Mrs. Yolanda McCoy. Ms. Smith has over fifteen…
Job Opportunity: CIMA seeking Insurance Head
The Cayman Islands Monetary Authority (“CIMA”) is seeking to fill the post HEAD OF INSURANCE SUPERVISION DIVISION and welcomes applications from highly experienced insurance professionals who can act within a strategic capacity to support the mission and values of CIMA…
CIMA warns Excel Global for failures and posts public notice
9 May 2014 Ezequiel Nasser Director Excel Global Opportunities Fund, Ltd. Av. Paulista, 2421 11oandar SaoPaulo,SP Brazil Ray Nasser Director c/o Excel Wealth Management,LLC 375ParkAvenue,Suite3807 NewYork,NY10022 USA Dear Sirs, Re:Excel Global Opportunities Fund, Ltd. (Reg#11066) (“theFund“) We write to you…
The Editor Speaks: When is sick leave really sick leave?
Having told you yesterday (Wed) that I have been and am still sick and hoping for scores of emails expressing sympathy or various ‘jungle’ remedies to cure me or even poison me, I then read of a government employee who…
iNews Briefs
New Cayman Islands customs enforcement head already shows he is up to the job Former senior police officer Marlon Bodden has wasted little time in settling down into his new job as head of enforcement at customs. With the paint…
Cayman Islands private equity funds
Nicholas Butcher and Iain McMurdo From Maples and Calder The Cayman Islands (Cayman) are home to a well-established and ever-growing domicile for private equity funds. This can be seen in the statistics issued by the Cayman Islands Registrar of Partnerships….
Cayman Islands proposals for registration and licenses for directors; What you need to know
From Solomon Harris The Directors Registration and Licensing Bill 2014 The Cayman Islands Government (‘CIG’) is set to introduce new legislation on licensing and registration for directors of Cayman Islands (‘Cayman’) corporate regulated funds. A draft Bill is out for…