Cayman Islands hopes to boost competitiveness through company law changes
The Companies Law (Amendment) Bill, 2011, makes necessary provisions to enhance the Cayman Islands’ offerings in the areas of company registrations and securities investment.
Amendments to the Cayman Islands’ Companies Law were tabled in the Legislative Assembly in April by premier and finance minister McKeeva Bush.
The idea behind the amendments is to “improve and build on the investor friendliness of Cayman’s legal and regulatory regime as it relates to supporting various structures, including funds,” according to the government.
The changes are an attempt to streamline activities, particularly when transactions such as mergers, acquisitions or changes to corporate
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