Corporate governance growth brings challenges

2014-01-28T22:52:02-08:00January 20th, 2014|Categories: Corporate Governance|Tags: |

The challenge facing service providers and the Cayman Islands Monetary Authority (CIMA), in particular, is the degree to which a regulatory framework to the provision of director services is a required outcome which benefits and assists the broader alternatives industry or a potentially damaging ‘first move’ which will place Cayman and Cayman based service providers at a competitive disadvantage without affording investors any additional protections. The August 2011 judgement in Weavering did not create new law, but many commentators [...]