Cayman Islands: Accounting Standards

Grand Cayman, 28 April 2026 – The Ministry of Financial Services and Commerce (MFSC) advises that updated fees for accounting firms, realtors, property developers and exempt companies are effective today, 28 April 2026, pursuant to revenue measures proposed as part of the 2026/27 Budget.

For BVI investment business licence holders ("Licensees") for the reporting period ending 31 December 2025...

Bringing on an outside team to handle accounting and reporting can help alternative asset managers focus on their core competencies.

The Cayman Islands and the British Virgin Islands (BVI), two of the most popular jurisdictions for private equity, venture capital, real estate and credit funds, have each recently introduced a new regulatory regime for closed ended private investment funds.

It can be a highly useful exercise to examine any identifiable challenges in the annual reporting process.

The Credit Reporting Act 2013 (the "CRA") established an official statutory register (the "Register") operated by the Central Bank of Ireland ("CBI") to record the amount of credit in the Irish economy.