Welcome to the latest edition of our Regulatory & Risk Advisory Review. In this issue, we explore key regulatory updates and emerging trends to help you stay informed and ahead in today’s dynamic compliance environment. The...more
8/19/2025
/ AML/CFT ,
Anti-Money Laundering ,
Blockchain ,
Cayman Islands ,
CIMA ,
Common Reporting Standard (CRS) ,
Cryptoassets ,
Depository Institutions ,
Digital Assets ,
FATF ,
Financial Institutions ,
Financial Services Industry ,
General Licenses ,
General-Business ,
Jurisdiction ,
Money Laundering ,
New Legislation ,
New Regulations ,
Regulatory Oversight ,
Regulatory Requirements ,
SIBA ,
Terrorism Funding ,
Virtual Currency
A warm welcome to the Summer edition of Conyers Coverage. The whirlwind that is the Cayman Islands (re)insurance industry continues to blow with gusto! To keep you updated on recent developments, we include various items from...more
8/15/2025
/ Anti-Money Laundering ,
Beneficial Owner ,
Cayman Islands ,
CIMA ,
Data Breach ,
Financial Solvency ,
Insurance Industry ,
Insurance Regulations ,
NAIC ,
New Legislation ,
Regulatory Agenda ,
Regulatory Oversight ,
Regulatory Reform ,
Restructuring
Welcome to the first 2025 edition of our Regulatory & Risk Advisory Review. In this instalment, we provide a comprehensive overview of the latest regulatory developments to ensure you have the most up-to-date insights into...more
4/25/2025
/ AML/CFT ,
Anti-Money Laundering ,
Cayman Islands ,
CIMA ,
Compliance ,
Corporate Governance ,
FATF ,
Fees ,
Financial Institutions ,
Financial Services Industry ,
General Licenses ,
New Regulations ,
Regulatory Agenda ,
Regulatory Requirements ,
Risk Management
A warm welcome to this 12th edition of Conyers Coverage to kick off 2025. Now that the dust has settled, our team is reflecting on another exceptional year for the Cayman Islands (re)insurance industry in 2024. We lawyers may...more
2/4/2025
/ Anti-Money Laundering ,
Beneficial Owner ,
Business Ownership ,
Capital Requirements ,
Cayman Islands ,
CIMA ,
Commercial Litigation ,
Compliance ,
Corporate Governance ,
FATF ,
Insurance Industry ,
Jurisdiction ,
NAIC ,
New Regulations ,
Private Equity ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
Reinsurance ,
Risk Management ,
Segregated Portfolio Companies
A warm welcome to the Summer edition of Conyers Coverage. The whirlwind that is the Cayman Islands (re)insurance industry continues to blow with gusto! To keep you updated on recent developments, we include various items from...more
8/29/2024
/ AML/CFT ,
Anti-Money Laundering ,
Beneficial Owner ,
Cayman Islands ,
CIMA ,
Corporate Governance ,
Corporate Restructuring ,
Data Breach ,
Dispute Resolution ,
Economic Substance Doctrine ,
EU ,
Insurance Industry ,
NAIC ,
Personal Data ,
Popular ,
Regulatory Agenda ,
Regulatory Requirements ,
Reinsurance
Following the end of a long-running process, the Cayman Islands has now officially been removed by the EU Commission from its list of ‘high-risk’ countries for AML/CFT purposes.
...more
The Cayman Islands recently received an early Holiday gift when the EU Commission published a regulation in mid-December paving the way to remove Cayman from its list of ‘high-risk’ countries for AML/CFT purposes. The...more
1/8/2024
/ AML/CFT ,
Anti-Corruption ,
Anti-Money Laundering ,
Cayman Islands ,
Corruption ,
EU ,
FATF ,
Financial Crimes ,
Financial Institutions ,
Financial Transactions ,
Investment Funds ,
Money Laundering ,
Regulatory Oversight ,
Terrorism Funding ,
Terrorist Financing Regulations
The Financial Action Task Force last Friday announced that it was removing the Cayman Islands from its ‘Grey List’ for increased monitoring in AML matters.
This listing has had no direct impact on the fund finance world...more
In a judgment handed down on 22 November 2022, the European Court, sitting as the Grand Chamber, held an anti-money-laundering directive to be invalid which required Member States under the Charter of Fundamental Rights of...more
12/7/2022
/ Anti-Money Laundering ,
Beneficial Owner ,
Cayman Islands ,
Charter of Fundamental Rights ,
Corporate Counsel ,
Corporate Governance ,
EU ,
European Court of Justice (ECJ) ,
Information Governance ,
Member State ,
Regulatory Agenda ,
Transparency
We are pleased to bring you the summer 2022 edition of Conyers Coverage, the Cayman Islands insurance newsletter.
The Cayman Islands insurance and reinsurance industry has had a strong start to the year and Conyers is...more
7/22/2022
/ AML/CFT ,
Anti-Money Laundering ,
Cayman Islands ,
Companies Act ,
Compliance ,
EU ,
Funding ,
Insolvency ,
Insurance Industry ,
Investment ,
Limited Liability Company (LLC) ,
New Rules ,
Pari Passu ,
Private Equity Funds ,
Regulatory Requirements ,
Reinsurance ,
Restructuring
As avid LinkedIn users will no doubt be aware, the EU’s focus on lists of various types continues and the Cayman Islands looks set to be added to the EU’s list of “high risk countries” for anti-money laundering at the end of...more
A very warm welcome to our fifth issue of Conyers Coverage. This issue is a roundup of recent legal and regulatory measures affecting the insurance industry. Among a number of items, Rob has prepared an update on Cayman’s...more