Categories of funds regulated under Cayman Islands law

Hybrid Structured Credit Funds: Securitisation moves into new paradigm


Licensed mutual funds submit to the Cayman Islands Monetary Authority (CIMA) a completed registration form (MF3); the current offering memorandum; the certificate of incorporation or evidence of registration or establishment of a partnership or unit trust; a personal questionnaire; and references and police clearance certificates for all directors of the fund or if it is a unit trust or limited partnership, the trustee or general partner. CIMA reviews the documents and considers the promoter’s a