Special Purpose Vehicles (SPVs) are the workhorses of the financial structuring industry, long served as a mechanism for isolating “ringfencing” financial risk and safeguarding parent entities. Today, however, their role has evolved far beyond risk mitigation. SPVs are now central to structuring sophisticated investment strategies, streamlining capital deployment, and navigating increasingly complex regulatory landscapes.

From venture capital and private equity to infrastructure and securitisation, SPVs offer a flexible and efficient platform for deal execution and asset management. Yet, as their strategic importance grows, so too does the complexity of managing them—particularly across multiple jurisdictions.

The Hong Kong Securities and Futures Commission (SFC) has expanded its list of eligible jurisdictions for remote onboarding of overseas individual clients. This update is a welcome development for both Hong Kong-based intermediaries and offshore funds—including those domiciled in the Cayman Islands—who engage with global investors and service providers across borders. What’s new: Why it matters [to Marbury clients] Whether […]

A reminder that all regulated funds (including mutual, hedge and private funds) registered with the Cayman Islands Monetary Authority (CIMA) and with a financial year ending 31 December, must file their fund annual returns (FAR) and audited financial statements (AFS) for the 2024 financial year on or before 30 June 2025. For funds seeking an […]

We are pleased to announce that Marbury Corporate Advisory Services Limited has successfully completed its ISAE 3402 Type II audit for 2024. This rigorous assessment, conducted by independent auditors, validates the ongoing effectiveness of our internal controls and operational processes. The audit process involved a thorough examination of our systems, ensuring that our controls remain […]

In an era of increasing regulatory complexity and escalating compliance costs, fund managers seeking a jurisdiction that offers flexibility without compromising credibility may find the British Virgin Islands (BVI) Approved Manager regime to be an ideal solution. Recognised by the BVI Financial Services Commission (FSC), this light-touch framework provides emerging managers with an efficient and […]

In order to ensure compliance with the BVI’s anti-money laundering regime, Approved Managers are required to appoint a money laundering reporting officer (MLRO) and implement appropriate policies and procedures for adoption on an ongoing basis.

The Cayman Islands Government recently passed the Beneficial Ownership Transparency Regulations (2024) expanding the scope of the previous regime and now also now includes previously exempt investment fund vehicles.

Read our overview of the key updates here.

The Cayman Islands Monetary Authority’s (CIMA’s) Rule on Corporate Governance for Regulated Entities (Rule) and Statement of Guidance on Internal Controls for Regulated Entities (Guidance) comes into effect on 14 October 2023. The Rule and Guidance will replace the existing corporate governance regulatory measures. All CIMA regulated entities will be required to take action to ensure compliance.

As an administrator, we use our experience to help managers and investors alike in understanding the complexities of the private equity space. We understand that not all investors are familiar with this asset class, making it a challenging proposition to investors who are otherwise more accustomed to the liquidity, information flow and timing associated with the public market. We that find our knowledge around effective performance metrics is helpful to new managers and investors navigating the area and have produced a short explainer for those new to the asset class.

Marbury Corporate Advisory Services Limited has successfully obtained the International Standard on Assurance Engagements (ISAE) 3402 Type I Report.