Cayman and BVI Regulatory Update – Q3 2023

The Q3 Regulatory Update provides an overview of the main legal developments in the Cayman Islands and the British Virgin Islands from 1 July to 30 September 2023. We discuss the following areas:

Cayman Islands

1. Cayman Islands’ inclusion on the FATF list
2. The Beneficial Ownership Transparency Bill, 2023
3. Cayman Islands Monetary Authority (“CIMA”) Updates
4. Companies (Amendment of Schedule 4) Order, 2023
5. Russia (Sanctions) (Overseas Territories) (Amendment) (No.2) Order, 2023
6. CUSIP-ISIN Fees

British Virgin Islands

1. Virgin Islands General License No.4, 2023
2. BVI FSC Updates – Introduction of the External Relations Unit

Click here to access the Update: Cayman Islands and BVI Regulatory Update – Q3 2023

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