Establishing Investment Funds in the Cayman Islands

In an evolving global financial landscape, the Cayman Islands continues to solidify its position as the leading jurisdiction for establishing investment funds. As of December 2024, the Cayman Islands Monetary Authority regulates approximately 12,858 mutual funds and 17,292 private funds, positioning the Cayman Islands as the preferred jurisdiction to facilitate global investment. 

A key milestone was achieved on  October 27, 2023 when the Financial Action Task Force (“FATF”) removed the Cayman Islands from its grey list, recognizing the jurisdiction’s effective anti-money laundering and counter-terrorist financing frameworks. Following this, on February 7, 2024, the European Union further reinforced the jurisdiction's reputation by removing the Cayman Islands from its list of high-risk third countries. These developments and continued growth year on year have further strengthened Cayman's international standing and attractiveness as a world class jurisdiction for establishing investment funds.

At Deloitte Cayman Islands, our Investment Management Practice is among the largest and most specialized in the region, comprising 39 partners and directors supported by nearly 260 dedicated professionals. Our highly skilled team provides comprehensive Audit, Tax, Consulting, and Advisory services to some of the world's most prominent investment managers. Leveraging extensive local insight combined with Deloitte’s global expertise, we have developed tailored solutions specifically designed to address the unique requirements of the investment management industry.

We remain committed to keeping our clients informed and well-positioned amidst ongoing regulatory and industry changes, driven by global transparency initiatives and evolving local legislation. We hope you find this publication an invaluable resource, and we encourage you to reach out to our team or your local Deloitte contacts for any additional insights or assistance.

We look forward to supporting your continued growth and success.

Best,

Odette Samson
Partner | Audit & Assurance
Deloitte & Touche LLP, Cayman Islands