Clients are reminded of the following important filing dates for Financial Institutions (FIs) under the CRS and FATCA Regime and Economic Substance regime filings with the Tax Information Authority in the Cayman Islands. Additionally, clients are...
The number of licensed and regulated entities in the Investment and Securities sector in the Cayman Islands has shown significant growth in the last 12 months.
31-Mar-20 | 30-Jun-20 | 30-Sept-20 | 31-Dec-20 | 31-Mar-21 | |
Mutual Funds | 10,505 | 10,748 | 11,691 | 11,896 | 12,225 |
Registered | 7,392 | 7,535 | 7,855 | 7,972 | 8,134 |
Master | 2,769 | 2,832 | 2,959 | 2,988 | 3,077 |
Administered | 283 | 281 | 282 | 294 | 286 |
Licensed | 61 | 61 | 61 | 59 | 58 |
Limited Investor Funds | - | 39 | 534 | 583 | 670 |
Private Funds | - | 1,286 | 12,343 | 12,695 | 13,219 |
Mutual Fund Administrators | 77 | 76 | 76 | 75 | 77 |
Full | 67 | 67 | 66 | 66 | 68 |
Restricted | 9 | 8 | 9 | 9 | 9 |
Exempted | 1 | 1 | 1 | 0 | |
Securities and Investment Business Act (SIBA) Licensees | 35 | 34 | 34 | 35 | 41 |
Registered Persons Under SIBA | 1,213 | 1,495 | 1,614 | 1,650 | 1,642 |