Cayman Islands: Finance and Banking

The Cayman Islands is a common law jurisdiction, which is based on the English model. It comprises statute law and binding case precedents.

This publication has been prepared for the assistance of those who are considering the formation of an insurance company in the Cayman Islands.

The Cayman Islands has long enjoyed an effective insurance regulatory regime, supplemented by the advantages of tax neutrality, accessible and pragmatic regulators and sophisticated...

If the Court is to accede to an application to restrain a winding-up petition, the company must establish prima facie on the evidence that to do so would be an abuse of process.

An exempted limited partnership (ELP) is a type of Cayman Islands partnership registered in accordance with the Cayman Islands Exempted Limited Partnership Act (as revised) (ELP Act).

Special purpose vehicles (SPVs) are commonly employed as a structuring tool in many cross-border and structured finance transactions, and collateralised loan obligation (CLO) transactions are no exception.

In Cayman Islands finance transactions, it is common for lenders to take security over the shares in a Cayman Islands entity through a Cayman Islands law governed equitable mortgage.

In a recent decision of the Cayman Islands Grand Court it was confirmed that the authority of the director signing a share transfer form, provided as part of the security package...

As the Cayman Islands is typically used as a taxneutral jurisdiction that is an efficient and neutral platform for sponsors and investors alike, a broad variety of participants in the international project finance space...

With the impending release of the Cayman Islands Monetary Authority's ("CIMA") annual anti-money laundering ("AML") survey ("AML Survey") on 1 June 2025...

A formal written contract is not necessary to create an enforceable debt obligation. However, such an obligation must be created as a matter of contract or deed.

This guide explores the latest legislative, regulatory and enforcement developments in the Cayman Islands and provides expert analysis on industry-wide topics including the local legal framework, the main stages of a fraud case, parallel proceedings, cross-jurisdictional mechanisms, recent developments, technology and other impacting factors.