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.

Key takeaways:

• 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.