Cayman News

  • Beneficial ownership FAQ

    February 5, 2016
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    What is beneficial ownership?

    Beneficial owners are individuals who ultimately control a company or benefit from it.

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  • Colleagues mark retirement of Justice Foster

    February 4, 2016
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    A farewell ceremony to mark the retirement of Justice Angus Foster, hosted by Governor Helen Kilpatrick, recognised him for his “significant contributions to the administration of justice”. Justice Foster was one of six founding judges of the Financial Services Division (FSD) of the Grand Court in 2009, following his retirement from Walkers as a commercial lawyer and litigator.

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  • Open-Ended Funds To Lock-Up Funds – Are Fund Managers Changing Focus?

    January 28, 2016
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    The Cayman Islands have traditionally been most closely associated with open-ended hedge fund products, wherein managers permit their investors regular liquidity. Such funds employ a variety of different strategies but crucially all issue interests, typically shares in exempted companies, which are redeemable at the option of the investors. This liquidity causes such funds to fall within the ambit of…

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  • Appointment of President of the Cayman Islands Court of Appeal BACK

    January 26, 2016
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    Her Excellency the Governor, Helen Kilpatrick, CB is pleased to announce the appointment of Sir John Goldring to the Cayman Islands Court of Appeal.

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  • Offshore IPOs and planned IPOs reach five-year high

    January 26, 2016
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    There were more than 200 offshore initial public offerings (IPOs) announced or completed in 2015, with the majority of those businesses coming from the Cayman Islands, according to data compiled by offshore law firm Appleby. The firm examined completed and planned IPOs by companies incorporated in Bermuda, the British Virgin Islands, Cayman Islands, Hong Kong, Guernsey, Isle of Man,…

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