The Cayman Islands Monetary Authority (CIMA) has announced that 73 mutual funds have failed to satisfy the Authority's termination requirements and therefore, effective 29 April 2016, have been removed from the Authority's register.
The fund they either struck off the Companies Register of the General Registry, Dissolved or has a status of "Cessation-Voluntary: Foreign Company".
Mutual funds to have been removed include Alpha Energy Offshore, Capital Nine China Fund SPC, Edge One Capital, First Nanotech Fund, Goa Investments, Herald Cash Fund SPC, and IMS Hedge Fund I, as well as Mirus Fund, Pergament Falcon Partners (Cayman) and The Rex Fund (SPC).
A full list of the 73 removed mutual funds can be found on the CIMA website.
Cayman Islands Monetary Authority, CIMA, Mutual Funds, Cayman Islands