Updates to the Cayman Islands Companies Law and LLC Law

The Companies Law (as amended) and the Limited Liability Companies Law (as amended) of the Cayman Islands have been amended to provide that certain information in respect of Cayman Islands companies and Cayman Islands limited liability companies (“LLCs”) be made available by the Cayman Registrar of Companies (the “Registrar”) for inspection from 1 October 2020. 

These amendments address a Financial Action Task Force recommendation and are in line with global developments.

The information will be made available through the Cayman Islands registry, subject to such conditions as may be imposed by the Registrar and the payment of a prescribed fee.

The information available for inspection in relation to an exempted company as well as to an LLC is outlined in the below advisory. 

Click to view advisory

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