Update
Cayman Islands exempted companies - Directors' duties and liabilities
31 October 2024
The duties of directors of exempted companies incorporated in the Cayman Islands are governed primarily by the Companies Act (as amended) and principles established by the common law. The Cayman Islands Monetary Authority has also issued various regulatory measures which are instructive for directors of Cayman Islands regulated funds.
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Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.