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Regulatory Reform Cayman Islands

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Amendments to the GEM Listing Rules

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The Stock Exchange of Hong Kong Limited (the Exchange) implemented its reforms to the GEM Listing Rules on 1 January 2024. For companies currently listed on GEM, one of the key changes is a new streamlined transfer...more

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Amendments to the Cayman Islands Companies Act: Share Capital Reduction

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On 11th March 2024, the Cayman Islands government issued the Companies (Amendment) Act, 2024 (“the amendment Act”). The amendment Act seeks to amend the Companies Act (2023 Revision) (“the principal Act”) to address various...more

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Regulatory & Risk Advisory Review: Cayman Islands – August to October 2023

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Welcome to the third instalment of our Cayman Islands Regulatory & Risk Advisory Review. As we cover in this issue, there have been a number of exciting developments, including the welcome news of the Financial Action Task...more

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New Rules on Corporate Governance and Internal Controls Coming into Effect on 14 October 2023

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There are only 9 days until all licensed insurers are required to comply with the Cayman Islands Monetary Authority’s (“CIMA”) new Rule on Corporate Governance (the “Rule”) (which replaces the Rule on Corporate Governance for...more

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Cayman Islands’ Corporate Governance Rule and Internal Controls Guidance and Rule

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A reminder that the Cayman Islands Monetary Authority’s (CIMA) new Rule on Corporate Governance for Regulated Entities (Corporate Governance Rule) and Rule and Statement of Guidance on Internal Controls for Regulated Entities...more

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