All Cayman funds are required to have their financial accounts audited on an annual basis by an auditor approved by the Cayman Islands Monetary Authority (“CIMA”). Cayman Funds are also required to submit audited accounts, along with the Fund Annual Return (“FAR”) within 6 months after the financial year end to CIMA. CIMA’s Regulatory Policy for Exemption from Audit Requirements for a Regulated Mutual Fund and the Regulatory Policy for Exemption from Audit Requirements for a
Ongoing corporate requirements The Companies Act (as amended) (the "Companies Act") imposes continuing obligations on all exempted companies, including those registered as mutual funds under section 4(3) of the Mutual Funds Act (as amended) (the "Mutual Funds Act"). The main relevant requirements of the Companies Act are summarised below. Registered office Every exempted company must at all times maintain a registered office in the Cayman Islands and notice of such office mus