01 November 2016
Cayman Islands Quarterly Update - November 2016
In our latest bulletin, the Cayman Islands partners provide updates on:
The introduction of the Limited Liability Company
The Cayman Islands being added to Italy's 'White List
Case law updates on:
- 'claw back' law
- liquidators' powers to require the production of documents from third parties
Regulatory updates from CIMA
- stepping up efforts to collect fees from funds in liquidation
- audit waiver policy
- CSX cuts fees for EU transfers as red tape increases in Europe
Carey Olsen's expansion in Asia
“Carey Olsen” in the Cayman Islands is the business name of Carey Olsen Cayman Limited, a body corporate recognised under the Legal Practitioners (Incorporated Practice) Regulations (as revised). The use of the title “Partner” is merely to denote seniority. Services are provided on the basis of our current terms of business.
CO Services Cayman Limited is regulated by the Cayman Islands Monetary Authority as the holder of a corporate services licence (No. 624643) under the Companies Management Law (as revised).
Please note that this briefing is intended to provide a very general overview of the matters to which it relates. It is not intended as legal advice and should not be relied upon as such. © Carey Olsen 2020