Investment Fund Market Guide – Cayman Islands
Key features (Register market)
Yes/No | Remarks | |
Settlement free of payment | Yes | |
Settlement against payment | Yes | Refer to CBL’s Eligible currencies and the fund currency specified in fund prospectus. |
Disclosure Requirements | Yes | Refer to Disclosure Requirements – Investment Funds – Cayman Islands. |
Restrictions on customer | No | Refer to Holding Restrictions – Investment Funds – Cayman Islands |
Restrictions on settlement | No |
Remarks | |
Market type / link type (Settlement link) | Register market |
| Eligible fund types / legal forms in CBL | Register market: Mutual fund / Master fund structured as a company, unit trust or partnership and private fund. CSD link: n/a |
Eligible fund types in CBL
Register market
Fund types in Cayman Islands include:
- Mutual funds and Master funds which can be established as a company, partnership or unit trust. They are required to register with the Cayman Islands Monetary Authority.
- A company could be in the form of a limited company or segregated portfolio formed under the Companies Law (2020 Revision) or a limited liability company formed under the Limited Liability Companies Law (2016). Trusts are common law trusts. Partnerships would be registered under the Exempted Limited Partnership Law (2018 Revision).
- A private fund can be structured as a company, unit trust or partnership. Private equity funds, venture capital funds, infrastructure funds and other closed-ended funds are generally regarded as “private funds” under Cayman Islands law.