Securities Investment Business (Amendment and Validation) Act, 2024 (Commencement) Order, 2024 (SL 58 of 2024)

Summary

This is a short Commencement Order made by the Cayman Islands Cabinet that brings the Securities Investment Business (Amendment and Validation) Act, 2024 (Act 21 of 2024) into force. The Order itself contains no substantive amendments to the securities investment business regime; it is purely a mechanical instrument fixing the date on which the underlying Act takes effect.

• Commencement date: The Securities Investment Business (Amendment and Validation) Act, 2024 comes into force on 1 January 2025.
• Made in Cabinet: 17 December 2024.
• Published: Legislation Gazette No. 47 (Supplement No. 24) on 19 December 2024.

Because the document only sets a commencement date, readers seeking to understand the actual changes to securities investment business regulation (e.g., licensing, validation provisions) will need to consult the text of Act 21 of 2024 itself, which is not reproduced here.

Applies to

securities investment business licensees

Deadlines

• 1st January, 2025: Date on which the Securities Investment Business (Amendment and Validation) Act, 2024 comes into force.

Related documents

• This document commences Securities Investment Business (Amendment and Validation) Act, 2024 (Act 21 of 2024)
• This document is made under Securities Investment Business (Amendment and Validation) Act, 2024 (Act 21 of 2024)