Cayman Funds - Audit Requirements
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