• Licence and Registration, Please! - The New Registration and Licensing Regime for Directors of Cayman Companies
  • June 24, 2014 | Authors: Daniel Loeb; Gary Smith
  • Law Firm: Loeb Smith - George Town Office
  • On 4th June 2014, the Directors Registration and Licensing Law, 2014 (the “Law”) came into force in the Cayman Islands. The Law requires all directors (wherever they reside in the world) of “Covered Entities” to register with the Cayman Islands Monetary Authority (“CIMA”). The Law has also introduced a licensing regime for “Professional Directors” and “Corporate Directors”.