The Cayman Islands Monetary Authority (“CIMA”) has changed the application form for the registration of Virtual Asset Service Providers (VASPs) through the REEFS portal. Additionally, CIMA has issued an update to the Rule and Statement of...
The European Securities and Markets Authority (“ESMA”) has confirmed that it will shortly commence an assessment of the Cayman Islands for its inclusion within the passport regime under the terms of the Alternative Investment Fund Managers Directive. The announcement was made by Steven Maijoor, chair of ESMA, at a session of the Economic and Monetary Affairs Committee at the European Parliament on 13 October 2015.
Read past AIFMD update here.