Cayman Finance News

The Cayman Islands Government recently passed amendments to the Private Funds Law, 2020 and the Mutual Funds (Amendment) Law, 2020 to provide further clarity on the interpretation of the application of the law, as explained in an Industry Advisory dated 8 July 2020. The amendments assist in enabling the consistent application of the requirements. The Cayman Islands Investment Funds...

Cayman Finance CEO Jude Scott joined other industry leaders for a roundtable discussion to share insights on the captive insurance landscape in Cayman and discuss opportunities around its future growth and success. Some of the winners of the inaugural Captive International Cayman Awards gathered at a roundtable event in the Cayman Islands, delivered by Captive International and hosted by...

We are pleased to announce that new course content is available on the Cayman Finance eLearning platform. The course “Money Laundering and Terrorist Financing Risks in Financial Services Businesses” is the latest in the “Fighting Financial Crime in the Cayman Islands” series coordinated by the Government’s National Coordination Team for the Anti-Money Laundering Steering Group (AMLSG). This new course...

The ‘Cayman Finance Cares’ programme, an initiative funded by Cayman Finance member firms, has raised in excess of CI$124,000 to support the operations of the Cayman Food Bank (Good Samaritan Food Bank). The Cayman Food Bank is a core hunger-relief organisation working to alleviate hunger and malnutrition in the local community. It is a centralised food bank that provides...

In February 2020, the Government’s National Coordination Team for the Anti-Money Laundering Steering Group (AMLSG), in collaboration with Cayman Finance, launched free on-demand lessons on the Cayman Finance eLearning platform entitled “Fighting Financial Crime in the Cayman Islands”. We are pleased to announce that a new series of courses on the Risks in the Cayman Islands is now available....