Caribbean Regulatory Update – Q4 2023
11 October 2023
This Regulatory Update provides a snapshot of the key legal developments in the BVI and the Cayman Islands over the last quarter – including updates from the BVI FSC, details of upcoming changes to the Cayman beneficial ownership regime, an update on Cayman's progress with the FATF and new regulatory measures for regulated Cayman funds.
See below for more details on the topics covered in this Update.
Key BVI Updates in Q4 2023
General Licence [No.04], 2023 – Maintenance of economic resources
BVI FSC Newsletter: October 2023
Expiry of General Licence [No.03] – Payment of reasonable professional legal fees and expenses
BVI FSC introducing Webinar Newsletters
BVI FSC Meet the Regulator Forum
Mourant Guides and Updates
Q2 2023 BVI FSC Statistical Bulletin
Key Cayman Updates in Q4 2023
Cayman's progress with the FATF
Changes to CSX CUSIP-ISIN fees
CIMA regulatory measures effective 14 October
Supervisory circular – Review of TCSPs AMLR Compliance – Sanctions Screening
Revised AML Guidance Notes
Latest edition of The Anchor
Proceeds of Crime (Amendment) Act, 2023 gazetted
Rule and Statement of Guidance for licensees conducting the business of company management
Beneficial Ownership Transparency Bill gazetted
Companies (Amendment of Schedule 4) Order 2023
Update: CIMA regulated fund filings
Mourant Guides and Updates
For additional information or for any questions, please reach out to your usual Mourant contact or one of the key contacts provided on this page.
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About Mourant
Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.
