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Duties of a Director Under the Law of the Cayman Islands

A summary of the duties imposed by the law of the Cayman Islands upon a director of a Cayman Islands company and a description of the standard a director is obliged to meet in the proper discharge of those duties.

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Chris Humphries

Managing Director and Head of Funds

Tel:+1 (345) 814-7911

Duties of a Director Under the Law of the Cayman Islands

“Compact independent firm that remains a sound choice for funds counsel in the jurisdiction. Well versed in acting for fund managers, promoters and international investors, providing guidance on the structuring and formation of funds, portfolio transactions and regulatory compliance issues, as well as restructuring and litigation. Notable for its expertise in cryptocurrency funds and related investments.”
Publication Recognition - Chambers & Partners
Stuarts Humphries “impresses clients with its responsiveness, industry knowledge and value for money, especially when compared to some of the larger firms in the domicile.”
Publication Recognition - Legal 500
“Boutique firm offering prompt personal service and expertise covering a wide range of areas.”
“Very responsive team with wide knowledge on funds-related issues, including crypto funds.”
Fund Client Testimonial - IFLR 1000
“They are just phenomenal, the advice that they give strikes a real balance between business and legal issues, and they have real-world solutions instead of sitting in an ivory tower.”
Client Testimonial - Chambers & Partners
“The team gives prompt responses and is able to distill complex questions into easy-to-understand issue.”
Fund Client Testimonial - Legal 500
“The partners roll up their sleeves, take great pride in the work they do and go to great lengths to make themselves available.”
Client Testimonial - Chambers & Partners
“Stuarts Humphries, understands the complex issues we face and the firm offers substantial value in relation to the fees charged.”
Legal 500
“They are very thorough, knowledgeable and most importantly very responsive.”
Fund Client Testimonial - IFLR 1000
“Their strongest point is their customer service. They are incredibly responsive and helpful in meeting our deadlines.”
Fund Client Testimonial - Chambers & Partners
“They provide straightforward, practical advice and the level of attention we receive is very high. They are good at dealing with commercial matters in a commercial context.”
Legal 500

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Stuarts Humphries Recognised in Chambers Global 2026

Stuarts Humphries has been ranked in the Chambers Global 2026 Guide, published by Chambers and Partners on 12 February 2026. The firm is recognised in Corporate & Finance and Investment Funds, with Chris Humphries individually ranked in Investment Funds....

CIMA Updates VASP Regulatory Measures

The Cayman Islands Monetary Authority (the Authority) has updated regulatory measures applicable to Virtual Asset Service Providers (VASPs), including the issuance of a Rule and a Statement of Guidance on market conduct for the VASP sector. These...

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