Cayman Private Funds Law
23 June 2020 - On 7 February 2020, the Cayman Islands Government enacted the Private Funds Law 2020 (PF Law). The Law provides that private funds within the scope of the PF Law must be registered with CIMA by 7 August 2020. If you have any questions about how Citco can assist you, please contact us.
The PF Law has introduced prescribed ongoing obligations which private funds will need to comply with. Whilst some of these ongoing obligations will likely align with many private funds' current operating procedures, some obligations will be new. The main ongoing obligations are:
- Accounts & audit
- Cash monitoring
- Securities identification
Find out more about the new obligations and how Citco can help by downloading the Cayman Private Funds Law brochure.