On 1 April 2025, several key updates will be made to the framework for the regulation of virtual assets in the Cayman Islands. These updates include the introduction and commencement of the VASP licencing framework for...more
Carey Olsen has contributed to The Legal 500 Country Comparative Guide 2024 for Blockchain. The aim of this guide is to provide its readers with a pragmatic overview of the law and practice of blockchain law across a variety...more
11/20/2024
/ Anti-Money Laundering ,
Blockchain ,
Cayman Islands ,
Central Bank Digital Currency (CBDCs) ,
CIMA ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Decentralized Finance (DeFi) ,
Initial Coin Offering (ICOs) ,
SIBA ,
Virtual Currency
Our corporate team outline the latest developments within the corporate and finance market in Cayman including the amendments to the Beneficial Ownership Regime, winding up Cayman segregated portfolio companies, proposed...more
10/29/2024
/ Aircraft ,
Anti-Money Laundering ,
Beneficial Owner ,
Cayman Islands ,
CIMA ,
Corporate Governance ,
Digital Assets ,
Ministry of Finance ,
Mutual Funds ,
Partnerships ,
Popular ,
Portfolio Companies ,
Private Funds ,
Repossess ,
Segregated Portfolio Companies ,
SIBA ,
Terrorism Funding ,
Virtual Currency
Over the past 25 years, the Cayman Islands has become a pre-eminent jurisdiction for the formation of alternative investment funds, with around 13,000 regulated open-ended funds and 16,000 regulated closed-ended funds. The...more
10/3/2024
/ Capital Markets ,
Cayman Islands ,
Investment ,
Investment Fund Vehicles ,
Investment Funds ,
Investment Portfolios ,
Investors ,
Mutual Funds ,
Open-Ended Fund Companies (OFCs) ,
Penalties ,
Portfolio Companies ,
Private Funds ,
Regulatory Requirements