Termination Of Mutual Funds On Or Prior To 31 December 2020 And Extension Of Audit Filings For Mutual Funds With Financial Year End 30 June 2020 - Finance and Banking
Pursuant to the Cayman Islands Monetary Authority (" CIMA") notices issued on 14 December 2020 (found here) and 11 December 2020 (found here) respectively, CIMA has advised the following: Termination of Mutual Funds on or prior to 31 December 2020 CIMA has confirmed that where mutual funds have applied to deregister with CIMA and have satisfied all of the mutual fund termination requirements on or prior to 31 December 2020 except for: the filing of the final audited accounts and the Fund Annual Return (the " FAR"); and payment of the FAR fee, then CIMA will honour 31 December 2020 as the dere...
Source: mondaq.com