Previous Posts
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Aug 28, 2012
No CommentsForming A New Cayman Limited Partnership Vehicle
Lindsay Fiduciary Services (LFS) is licensed and regulated by the Cayman Islands Monetary authority to act as a partnership formation agent. LFS may complete the Cayman exempted limited partnership formation process in a few easy steps. These are set out below. Selecting a name for your exempted limited partnership Choose two names- one that you...
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Aug 27, 2012
No CommentsEasy Steps To Incorporate A Cayman Company
Lindsay Fiduciary Services (LFS) is licensed and regulated by the Cayman Islands Monetary authority to act as a company formation agent. LFS may complete the Cayman company formation process in a few easy steps. These are set out below. 1. Selecting a name for your company Choose two names- one that you would ideally like...
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Aug 25, 2012
No CommentsTo Russia, With Love
Pre-financial crisis, some managers from the Western world might have said that Russia was a risky place to invest. And if a joint venture was contemplated with a Russian party, extensive due diligence would be requested. There is always a question, however, whether this approach is taken because Russia is a high risk country or based on...
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Aug 23, 2012
No CommentsInvesting in China: “The best time to plant a tree is twenty years ago. The second best time is now.”
Some would agree that investors with a focus on China have more of a long-term outlook. Those long-term thinking investors who made informed decisions years ago probably predicted today’s current trend to invest more deeply in companies with a focus on China. In addition to China, stakeholders are investing in other parts of Asia. Those...
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Aug 13, 2012
No CommentsMore Registration Requirements Coming For Cayman Fund Directors?
Lindsay Fiduciary Services (“LFS”) is a firm licensed and regulated by the Cayman Islands Monetary Authority (“CIMA”) to provide professional independent directors to Cayman Islands-based investment funds. In addition, LFS directors are approved by CIMA. This is not the case for other persons who may act as directors of Cayman Islands funds. In order to...
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Jul 22, 2012
No CommentsLFS: Optimism In Uncertain Times
These days, when we listen to the news, we hear about Europe’s troubles, North America with its slowed growth and a slightly unpredictable China. This leaves some investment fund managers and investors contemplating their next steps i.e. whether to “wait and see” as to what will happen to existing investments or to put all...
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May 22, 2012
No CommentsHFMweek’s 2012 Cayman Corporate Governance Report
HFMweek has now published its 2012 special report on the Cayman Islands. Some of the discussions in the report relate to independent directors and the need for better corporate governance practices of fund directors, including Cayman funds. Please read my commentary here which is included in the HFMweek report. About the Author: Alric Lindsay is...
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Mar 31, 2012
No CommentsCayman Regulator and SEC Enter Cooperation Agreement
The Securities and Exchange Commission (“SEC”) and the Cayman Islands Monetary Authority (“CIMA”) recently entered into a memorandum of understanding (“MOU”). Under the MOU, it is the intension of the regulatory bodies to consult, cooperate and exchange information regarding Cross-Border Regulated Entities (as defined in the MOU). Such information includes (but is not limited to):...
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Mar 21, 2012
No CommentsCayman Extends Deadline For Master Fund Registration
Cayman is a leading hedge fund domicile. In order for Cayman to retain its position, stakeholders acknowledge that Cayman must pay attention to (and meet) investors’ demands. One such request is the need for regulation in the right places. Cayman is now strengthening regulatory requirements by insisting that Cayman domiciled master funds register with the...
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Feb 23, 2012
No CommentsCayman Issues New Master Fund Advisory
On 16 January 2012, we summarised Cayman’s new requirement for the registration of master funds and explained that the registration deadline was approaching. The Cayman Islands Government has now issued a new master fund advisory. It appears that the purpose of the new industry memo is to clarify that all master funds (with one or...
