ARTICLE
23 March 2021

Regulatory: Economic Substance Update

W
Walkers

Contributor

Walkers is a leading international law firm which advises on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey. From our 10 offices, we provide legal, corporate and fiduciary services to global corporations, financial institutions, capital markets participants and investment fund managers.
The Cayman Islands implemented the OECD's international standards requiring companies to have substance in the jurisdiction it operates in.
Cayman Islands Finance and Banking

The Cayman Islands implemented the OECD's international standards requiring companies to have substance in the jurisdiction it operates in. This legislation, however, doesn't apply to investment funds registered in the Cayman Islands. So what is in scope of this legislation?

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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.

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