Cayman Islands continue towards AIFMD readiness
The Cayman Islands Government (CIG) confirmed on 25 March its continuing implementation of measures that will ensure that the Cayman Islands Monetary Authority (CIMA) will be ready for the July 2013 implementation of Europe’s Alternative Investment Fund Managers Directive (AIFMD).
The AIFMD seeks to create a harmonised regulatory regime which addresses the management and distribution of alternative investment funds within the European Union (EU), whether or not the funds or the managers in question are themselves established within the EU. As part of the new regime, AIFMD requires that non-EU member states (third countries) satisfy certain key requirements as a precursor to funds which are domiciled in, or which are managed by investment managers domiciled in, those third countries being marketed to investors in the EU…
If you are registered and logged in to the site, click on the link below to read the rest of the Mourant Ozannes briefing. If not, please register or sign in with your details below.
News from Mourant Ozannes
News from The Lawyer
Briefings from Mourant Ozannes
The Royal Court of Jersey has concluded that it has power under its inherent jurisdiction to sanction a compromised settlement of litigation reached by the plaintiff on behalf of a minor.
A private trust company is a privately owned corporate trustee whose sole purpose is to act as trustee to a trust or group of ‘connected’ trusts.