February 4, 2023

Outsourcing by Cayman Islands Regulated Entities

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By Martin Livingston From Maples The Cayman Islands Monetary Authority (“CIMA”) has issued comprehensive guidance on the outsourcing of material functions and regulatory requirements by regulated entities (the “Guidance”). This requires regulated entities that fall within the Guidance’s scope to review (and potentially revise) existing outsourcing arrangements and, where functions are to be outsourced, to […]