Global Legal Insights: Fund Finance 2023 – Updates to sanctions and restructuring regimes in the Cayman Islands
25 January 2023
Our Cayman Islands and Hong Kong finance teams recently contributed a chapter to Global Legal Insights – Fund Finance 2023, providing an update on the sanctions and restructuring regimes in the Cayman Islands. The chapter provides an overview of the sanctioning process (including related penalties and exemptions), outlines the new restructuring regime and the proper procedure for a creditor to commence winding up of a Cayman Islands exempted limited partnership and considers the impact of both regimes on the find finance industry.
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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.
