Cayman Islands Mutual Funds – Cancellation of Licence or Certificate of Registration and changes to Audit Waivers

On 30 March 2015, the Cayman Islands Monetary Authority (“CIMA”) issued the Rule on Cancellation of Licence or Certificate of Registration of Regulated Mutual Funds (the “Rule”), click here for link to the Rule, and Regulatory Procedure for Cancellation of Licences issued pursuant to Section 5 and Certificates of Registration issued pursuant to Sections 4(3) and 4(1)(B) of the Mutual Funds Law (the “Regulatory Procedure”), click here for link to the Regulatory Procedure. Read more