Thursday, October 29, 2020

Cayman Islands Fund Managers Face New Anti-Money Laundering Requirements

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The Cayman Islands Monetary Authority (“CIMA”) made a number of key changes to its anti-money laundering (“AML”) regulations in 2018 (the “AML Regulations”) including expanding their reach to unregulated entities, including private equity, venture capital and real estate funds, insurance entities and finance vehicles like collateralized loan obligations (“CLOs”). […]

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