Cayman addresses Weavering case governance deficiencies

A new Cayman law will require independent directors, a licensing regime and a database of registered directors, as well as regular reporting from managers and service providers

cayman-crest

Why is the Cayman Islands Monetary Authority (Cima) reforming the fund governance regime in the islands?
The move by Cima to reform and upgrade the mutual funds governance regime in the Cayman Islands can be seen in the context of increased investor dissatisfaction with board-level governance regimes for hedge funds, particularly institutional investors. International regulatory initiatives such as those from the International Organization of Securities Commissions (Iosco) and negative press have

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here