New Funds Laws FAQs Update (2020-04-15)

Summary

This is a short notice from the Cayman Islands Monetary Authority (CIMA) announcing that it has published additional frequently asked questions (FAQs) relating to the new funds laws. It follows up on an earlier notice dated 3 March 2020.

• Private Funds Law 2020: FAQs covering the registration process and ongoing requirements for Private Funds under the Private Funds Law 2020.
• Mutual Funds (Amendment) Law 2020: FAQs relating to the Mutual Funds (Amendment) Law 2020.

The notice itself does not set out new legal requirements; it simply informs industry participants that updated guidance material (FAQs) is available on CIMA's website and that these FAQ sections will continue to be updated as needed. Readers seeking substantive detail on registration or compliance obligations under the Private Funds Law or Mutual Funds Law amendments are directed to consult the FAQ pages directly.

Because this is purely an informational notice pointing to supplementary guidance rather than a standalone regulatory instrument, it does not itself impose new obligations or deadlines beyond those already established under the Private Funds Law 2020 and Mutual Funds (Amendment) Law 2020.

Applies to

private funds, mutual funds