Cayman Islands
Hedge funds could look to bypass UST clearing mandate
New paper argues that repo users might relocate offshore or use other means to avoid US Treasury clearing dragnet
AIFMD passport denial will impact Asian managers most
Hedge fund industry decries Esma's shutting of door on most offshore funds
EC's criticised tax blacklist 'insignificant' for hedge funds
Larger clouds loom for jurisdictions seeking third-country passport issuance
Investors unwise to rely on side-letter transacted with manager
Caymans court: question manager's authority and letter’s interaction with fund constitution
BIS transparency bill criticised for impact on Caymans
Lawyer says bill will not cut tax avoidance, only harm investment
Cayman insolvencies favour activist investors
Active role in liquidation can generate additional returns
Fatca legislation pierces corporate veil, says DMS
Strict liability for governance exposes compliance risk
Cayman addresses Weavering case governance deficiencies
Jurisdiction unclear how regulator will police director capacity
Madoff case: no precedent to excuse directors
Non-execs should still challenge dominant directors
Australian tax ruling targets offshore hedge funds
Limited partners are liable for capital gains
Uncertainty continues to dog implementation of AIFMD
Unintended consequences of AIFMD
Cayman corporate governance reforms face legal challenge
Efforts to enhance the corporate governance framework for hedge funds in the Cayman Islands have run into opposition from local fund directors, who take issue with the regulator’s plans to create a public directors’ database
English court decision highlights difference with Cayman law
Derivative claims are a way for fund investors to sue a fund’s manager. A recent English court decision highlights the contrast between limited partnership derivative claims in England and in Cayman
AIFM directive unlikely to cause significant changes in Cayman
The Cayman Islands Monetary Authority has opened negotiations with Esma on a co-operation agreement on the EU’s AIFM directive. Separately, its consultation on hedge fund directorships has closed
Cayman Islands pushes positive role of international financial cetres
Service Provider Rankings 2011
Map of global banking network shows climb in contagion since late 1980s
Bank of England paper uses BIS banking stats to show potential for cross-border contagion has been rising for past two decades, reaching its apogee at the time of the Lehman Brothers’ collapse
Cayman Islands takes staged approach to Basel II
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