UPDATE: Since the publication of our Investment Adviser Alert, the staff of the SEC Division of Investment Management has issued several new and updated responses to Coronavirus (COVID-19) FAQs, expanding on prior guidance...more
New law imposes registration and compliance obligations on private funds that carry on business in or from the Cayman Islands.
Absent an exemption, all private funds that carry on business in or from the Cayman Islands will...more
4/1/2020
/ Anti-Money Laundering ,
Cayman Islands ,
CIMA ,
Compliance ,
Corporate Governance ,
Deadlines ,
Enforcement Authority ,
Fines ,
Fund Managers ,
Internal Controls ,
Investment Funds ,
Policies and Procedures ,
Private Equity ,
Real Estate Investments ,
Reporting Requirements ,
Venture Capital
The California Commissioner of Business Oversight (“Commissioner”) recently amended California’s custody rule 10 C.C.R. Section 260.237 (the “New Custody Rule”). The New Custody Rule will be effective on April 1, 2014....more