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...
Licences / Registrations in effect in the Cayman Islands
Below are the number of licenses and registrations in effect in the Cayman Islands over the last five quarters:
30-Sep-16 | 31-Dec-16 | 31-Mar-17 | 30-Jun-17 | 30-Sep-17 | |
Mutual Funds | 10,830 | 10,586 | 10,463 | 10,621 | 10,630 |
Registered | 7,465 | 7,293 | 7,218 | 7,348 | 7,374 |
Master | 2,899 | 2,840 | 2,810 | 2,841 | 2,834 |
Administered | 370 | 363 | 346 | 344 | 337 |
Licensed | 96 | 90 | 89 | 88 | 85 |
Mutual Fund Administrators | 106 | 106 | 103 | 103 | 100 |
Full | 84 | 84 | 81 | 81 | 79 |
Restricted | 21 | 21 | 21 | 21 | 20 |
Exempted | 1 | 1 | 1 | 1 | 1 |
Securities and Investment Business Act (SIBA) Licensees | 35 | 36 | 34 | 33 | 34 |
Excluded Persons Under SIBA | 2,516 | 2,555 | 2,581 | 2,594 | 2,754 |
At the end of December 2017, the jurisdiction maintained its position as the top domicile for hedge funds, with well over 10,000 registered funds.