The Cayman Islands has introduced important changes to the regulatory framework governing funds managers registered as “excluded persons” under the Securities Investment Business Law, which will require all such fund managers to re-register as Registered Persons. This course will consider the impact of those changes, including with respect to the application of economic substance requirements to such entities and some of the options available.
Highlights of the course include:
- Summary of the changes to the regulation of fund managers in the Cayman Islands
- Process to re-register an “excluded person” as a “registered person”
- Economic substance for fund managers
- Restructuring options for fund managers
To view our registration conditions click here.