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Conyers Coverage – Cayman Islands – Issue 2

August 2020 Derek Stenson

A very warm welcome to our second issue of Conyers Coverage. This issue focuses on the recent introduction of a number of legal and regulatory measures affecting the insurance industry. Among a number of items, Rob has prepared a great piece on the material roll out of CIMA’s administrative fines and penalties regime as it applies to insurance licensees; Pip, who we profile this issue, provides an update on economic substance and we have some further updates including on the registration of private funds in Cayman which is intrinsically linked to the removal of the Cayman Islands from the EU’s list of un-cooperative jurisdictions. There has been quite a lot happening as of late so we hope these updates are helpful. Please reach out any time to one of the team for any clarifications or specific assistance needed.

As always, we welcome your comments or article suggestions for future issues, and please do not hesitate to get in touch if you would like to contribute to future editions of Conyers Coverage.

Enjoy the read!

Access Conyers Coverage Issue 2.

 


Derek Stenson
Partner

Cayman Islands   +1 345 814 7392


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