Recent sanctions guidance and enforcement reporting continue to highlight compliance considerations relating to transactions involving Russian-origin gold. These developments remain relevant to Cayman Islands entities, directors and service providers subject...
Most regulated sectors in the Cayman Islands have continued on a steady path over the past 12 months, with Private Funds up 3.5% and Mutual Funds up 1.5%. Funds may previously have been discouraged from establishing the investment manager in the Cayman Islands due to the new economic substance rules. However, there are practical solutions to meet the economic substance requirements, and we encourage funds to discuss the available options with us.
Q2 2024 (30 June) | Q3 2024 (30 September) | Q4 2024 (31 December) | Q1 2025 (31 March) | Q2 2025 (30 June) | |
| Mutual Funds | 12,893 | 12,963 | 12,858 | 12,919 | 13,090 |
| Registered | 8,769 | 8,843 | 8,785 | 8,854 | 9,003 |
| Master | 3,182 | 3,192 | 3,154 | 3,155 | 3,180 |
| Administered | 267 | 259 | 257 | 254 | 253 |
| Licensed | 48 | 48 | 46 | 44 | 44 |
| Limited Investor Funds | 627 | 621 | 616 | 612 | 610 |
| Private Funds | 17,020 | 17,104 | 17,292 | 17,376 | 17,609 |
| Total Fund Administrators | 70 | 70 | 69 | 69 | 69 |
| Securities and Investment | 45 | 44 | 42 | 43 | 45 |
| Registered Persons Under SIBA | 1,429 | 1,418 | 1,411 | 1,401 | 1,401 |
Live statistics can be viewed on the CIMA website here: Investment Statistics and Securities Statistics
For more information, get in touch with us today.
