Tonicia Williams

Oct 2, 2024 | lexology.com | Róisín Liddy-Murphy |Sarah Farquhar |Wayne Flanagan |Erik Bodden |Alex Davies |Alan Dickson | +14 more

Welcome to the third Regulatory & Risk Advisory Review instalment of 2024. In this edition we cover the latest Cayman Islands regulatory updates including the Beneficial Ownership Transparency Act and The Perpetuities (Amendment) Act, as well as updates from CIMA, the DITC, and the FATF. As always, we have included articles and news from the wider Conyers team that may be of interest.

Aug 15, 2024 | mondaq.com | Sarah E. M. Howie |Tonicia Williams |Daniella Carrazana |Wayne Flanagan

It has now been over a year since the updated Enforcement Guidelines: Economic Substance (the "Guidelines") were issued on 31 March 2023, outlining the enforcement powers and processes of the Cayman Islands Tax Information Authority (the "TIA") in respect of administrative penalties against parties in breach of the International Tax Co-operation (Economic Substance) Act (2024 Revision) (the "ES Act").

Jul 9, 2024 | lexology.com | Róisín Liddy-Murphy |Sarah Farquhar |Wayne Flanagan |Erik Bodden |Alex Davies |Alan Dickson | +15 more

Welcome to the second instalment of 2024 of the Regulatory & Risk Advisory Review. In this edition we cover several Cayman Islands regulatory updates including updates to the Beneficial Ownership Transparency Act, the Proceeds of Crime (Amendment) Act and the Virtual Asset Service Providers Act. We also have updates from CIMA and the FATF, as well as the latest articles and news from the wider Conyers team.

Jun 7, 2024 | jdsupra.com | Erik Bodden |Róisín Liddy-Murphy |Tonicia Williams

IntroductionIn the Matter of Gulf Investment Corporation et al v The Port Fund LP et al (“Gulf Investment”)1 and the earlier judgment of Dorsey Ventures Limited v XIO GP Limited (“Dorsey Ventures”)2, the Cayman Islands Grand Court provided some welcome clarification regarding the extent of a limited partner’s statutory right to information in an exempted limited partnership.

May 29, 2024 | mondaq.com | Sarah E. M. Howie |Tonicia Williams |Daniella Carrazana

The ES Act since being introduced has undergone various updates and is assisted by the Economic Substance Guidance Notes, Enforcement Substance Enforcement Guidelines and other Economic substance material to assist entities with their economic substance filings. The ES Act applies to all entities registered and domiciled in the Cayman Islands.