ARTICLE
22 June 2017

Cayman Islands Data Protection Law: An Ogier Client Guide

O
Ogier

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Ogier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg law. Our network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo. Legal services for the corporate and financial sectors form the core of our business, principally in the areas of banking and finance, corporate, investment funds, dispute resolution, private equity and private wealth. We also have strong practices in the areas of employee benefits and incentives, employment law, regulatory, restructuring and corporate recovery and property. Our corporate administration business, Ogier Global, works closely with Ogier's partner-led legal teams to incorporate and administer a wide variety of vehicles, offering clients integrated legal and corporate administration services. We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients.
On 5 June 2017 the Data Protection Law, 2017 (Law) was published in the Cayman Islands Gazette.
Cayman Islands Wealth Management

On 5 June 2017 the Data Protection Law, 2017 (Law) was published in the Cayman Islands Gazette. Once proclaimed into force, the Law will introduce for the first time in the Cayman Islands a legislative framework on data protection that will apply to almost all entities which are either established in the Cayman Islands (including investment funds) or are otherwise processing personal data in the Cayman Islands.

The Law will come into effect on a date to be determined and set by Cabinet Order. Once in effect, all entities captured by the Law will be required to take certain steps with respect to privacy and personal data. No immediate steps are required at this time and we will provide a further update once the effective date of the Law is known.

To prepare you in advance of the proclamation of the Law, we have produced a comprehensive guide which covers the key concepts and obligations that clients should be aware of.

The guide can be downloaded here.

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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