Changes proposed for Cayman funds
13 January 2020
Draft legislation has been published in the Cayman Islands which will introduce fundamental changes to the regulation of Cayman Islands investment funds. The Mutual Funds (Amendment) Bill, 2020 and the Private Funds Bill, 2020 were published on 8 January 2020 and are scheduled to be considered by the Cayman Islands Legislative Assembly on 30 January 2020. Whilst subject to further change, the proposed legislation will impact both private equity and hedge fund structures.