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 statistics show continued growth across all categories with more mutual funds year on year.
31-Dec-19 | 31-Mar-20 | 30-Jun-20 | 30-Sept-20 | 31-Dec-20 | |
Mutual Funds | 10,857 | 10,505 | 10,709 | 11,691 | 11,896 |
Registered | 7,612 | 7,392 | 7,535 | 7,855 | 7,972 |
Master | 2,886 | 2,769 | 2,832 | 2,959 | 2,988 |
Administered | 295 | 283 | 281 | 282 | 294 |
Licensed | 64 | 61 | 61 | 61 | 59 |
Limited Investor Funds | - | - | 39 | 534 | 583 |
Private Funds | - | - | 1,286 | 12,343 | 12,695 |
Mutual Fund Administrators | 81 | 77 | 76 | 76 | 76 |
Full | 70 | 67 | 67 | 66 | 66 |
Restricted | 10 | 9 | 8 | 9 | 9 |
Exempted | 1 | 1 | 1 | 1 | 1 |
Securities and Investment Business Act (SIBA) Licensees | 35 | 35 | 34 | 34 | 35 |
Excluded Persons Under SIBA (Now Registered Persons as of 2020) | 2,198 | 1,213 | 1,495 | 1,614 | 1,650 |