Louise Denman

Oct 11, 2024 | jdsupra.com | Natalie Curtis |Louise Denman

Following industry consultation, the Beneficial Ownership Transparency Act ("BOTA") was gazetted on 15 December 2023 and commenced on 31 July 2024, updating the Cayman Islands beneficial ownership reporting regime ("BORR") in line with evolving international standards. Beneficial Ownership Transparency Regulations have been issued and Guidance on Complying with Beneficial Ownership Obligations is available via the Cayman Islands Registry website.

Sep 5, 2024 | mondaq.com | Lucy Frew |Natalie Curtis |Louise Denman

W Walkers More Walkers is a leading international law firm which advises on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey. From our 10 offices, we provide legal, corporate and fiduciary services to global corporations, financial institutions, capital markets participants and investment fund managers.

Sep 5, 2024 | jdsupra.com | Natalie Curtis |Louise Denman |Lucy Frew

Key takeaways The RSOG builds upon and clarifies existing market conduct standards for TCSPs and Company Managers where the underlying requirements are generally the same but with some differences. The RSOG implements market conduct rules as well as guidance, which increases CIMA's enforceability of breaches of these measures.

Aug 6, 2024 | jdsupra.com | Daniel Booth |Natalie Curtis |Louise Denman

Key takeaways Changes to the beneficial ownership regime took effect on 31 July 2024 and enforcement relating to the new requirements is suspended until early 2025. Many entities that previously had few or no obligations will have to take steps to comply. Industry members are to suspend filing under the previous framework until notified to recommence filing under the new framework. Table of ContentsWhat is the beneficial ownership regime? What is changing? Which entities are in scope?

Mar 20, 2024 | jdsupra.com | Daniel Booth |Colm Dawson |Louise Denman

On 15 March 2024, the Ministry of Financial Services and Commerce (the "Ministry") issued Technical Guidance for corporate services providers ("CSPs") to facilitate changes to internal processes in support of the transition to a new CSV file format used to report beneficial ownership information via the corporate administration platform ("CAP")... Please see full publication below for more information.