The Cayman Islands Monetary Authority (CIMA) has published a new Regulatory Policy on the Approval of an Auditor for a Regulated Entity (Auditor Policy). The Auditor Policy will come into effect on 1 January 2027. CIMA's regulatory measures confirm the...
Introduced in response to the lingering uncertainty about the jurisdiction of the Courts to issue free-standing injunctions, the Grand Court (Amendment) Act 2014, provides a statutory framework for cross-jurisdictional litigators advising in asset tracing, civil fraud and restitutionary claims.
The legislation, effective from 24 November 2014, removes the jurisdictional lacuna and endows the Courts of the Cayman Islands with powers that have been exercised in other jurisdictions of the Commonwealth.
Please read our detailed legal update on The Grand Court (Amendment) Act 2014 here.
