On 1 July 2017 the Cayman Islands beneficial ownership regime (“BO Regime”) came into force, requiring Cayman Islands companies, limited liability companies and limited liability partnerships to establish and maintain beneficial ownership registers, unless they are able to claim exemption from the regime. In February 2020 additional legislation was enacted to improve the effectiveness of the BO Regime and facilitate compliance with it.
For further information please do not hesitate to contact your usual Trident Trust representative or our Trident Cayman BO Team.