Cayman Islands: Criminal Law

Explore the comprehensive legal framework for fraud litigation in the Cayman Islands, including cross-border asset tracing mechanisms, discovery tools, and enforcement strategies. Learn how the jurisdiction's experienced judiciary handles complex international fraud disputes through freezing orders, Norwich Pharmacal applications, and innovative funding arrangements.

The Cayman Islands has long occupied a central position in global finance, and with that prominence has come increased scrutiny of how the jurisdiction responds when financial wrongdoing occurs.

In a further installment in one of the "world's greatest financial scandal[s]" – the 1MDB fraud, the Cayman Court dismissed two summonses to set aside the winding-up of PetroSaudi International Limited (PSI)...

Our conversation with the FRA on the updates to the Cayman Islands' Proceeds of Crime Act (POCA) brought together our Regulatory experts, Colm Dawson and Ian Mason, along with RJ Berry, OBE, Director of the Cayman Islands Financial Reporting Authority (FRA).

The Cayman Islands has recently introduced two regulations under the Beneficial Ownership Regime which relate to: circumstances where persons with "legitimate interests" can apply for access to beneficial...

On 2 January 2025, certain amendments to the Proceeds of Crime Act (POCA) came into force[1] that impose new requirements on persons seeking to obtain a defence against the core money laundering offences under the POCA.