Cayman Islands:
CLO 3.0 - The Regulatory Evolution For US CLOs
24 October 2019
Maples Group
To print this article, all you need is to be registered or login on Mondaq.com.
Following what can only be described as a regulatory war of
attrition over the past six years and more, the forced evolution of
CLO structures, as numerous tedious regulatory initiatives have
been imposed, has brought ever mounting responsibility for
directors in the new era of CLO 3.0.
With no slowdown in the relentless pace of regulatory change,
traditionally more passive CLO directors have now effectively
become regulatory gatekeepers, requiring an immense level of
in-depth knowledge to ensure compliance, as well as increased time
commitment and greater experience, to handle the numerous issues
that continue to arise throughout the life of a CLO
transaction.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from Cayman Islands
Contemporary Trends In Corporate Banking
Elias Neocleous & Co LLC
With the ever-evolving global financial landscape, the rapid pace of technological advancements and high customer expectations, the future of corporate banking is set to undergo...
Cayman Islands Investment Funds Update Q1 2024
Carey Olsen
Our investment funds team outline the latest developments within the investment funds market in the Cayman Islands including the removal of the jurisdiction from the Financial Action Task Force...
Trading Standards: Application To Your Business
Appleby
The Trading Standards (Fair Trading) (Guernsey) Ordinance, 20231 (Ordinance) came into force last October and created a new statutory framework for consumer protection and fair trading in Guernsey.