FAR Filings for Private Funds (2021-07-01)

Summary

This is a short general industry notice from the Cayman Islands Monetary Authority (CIMA) announcing the availability of the Financial Annual Return (FAR) form for private funds. It confirms that the Private Funds (Annual Returns) Regulations, 2021, gazetted on 25 March 2021, set out the reporting requirements that must be submitted via this Form alongside audited financial statements.

• Form availability: The Form became available on 9 July 2021.
• Filing deadline: Audited financial statements and the Form are due by 30 September 2021.

Key obligations

• Private funds must submit audited financial statements together with the completed Private Fund FAR Form to CIMA by the stated deadline.
• Filings must be made using the Private Fund FAR Form once available, in accordance with the reporting requirements set out in the Private Funds (Annual Returns) Regulations, 2021.

Applies to

private funds

Deadlines

• 9 July 2021: Private Fund FAR Form made available
• 30 September 2021: Deadline for filing of audited financial statements and the Private Fund FAR Form