Expert Review – New rule on corporate governance for regulated entities in the Cayman Islands in force from 14 October 2023
Welcome to Expert Review, our latest podcast delivering bite-size opinions and analysis on global governance, regulation, and tax. Each episode will feature a guest speaker, giving listeners food for thought in a condensed and informative manner.
In this episode, Global Head of Regulatory & Tax Aki Corsoni-Husain introduces Counsel Thomas Dugdale, accompanied by guest expert Executive Director Lynden John from Waystone in the Cayman Islands. Together they answer some frequently asked questions about the new rule on corporate governance and statement of guidance issued by CIMA earlier this year.
Click below to listen.
- The Rule introduces a new material layer of corporate governance obligations in the Cayman Islands for regulated entities.
- Regulated entities must establish and maintain a corporate governance framework which provides for sound and prudent management oversight.
- Don’t do nothing! Speak to your Cayman legal or governance advisors without delay.