Revisions to Cayman Islands Mutual Funds Law requiring registration of master funds
- Closed-ended funds where there are no redemption rights at the option of the investor; or
- Master funds with one or more feeder funds, none of which are themselves required to register with CIMA.
- Registration fee of US $3,049
- Form MF4 prescribed details
- Certified copy of Certificate of Incorporation
- Application fee payable by a feeder fund registering with CIMA - increase to US $4,268
- Annual fee payable by a CIMA registered feeder fund - increase to US $4,268
Published December 20, 2012
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