Regulatory Alerts2018-12-07
Cayman Islands Monetary Authority Cancels Registration of Keydata International Fund SPC
The Cayman Islands Monetary Authority has cancelled the mutual fund registration of Keydata International Fund SPC effective 28 November 2018. This cancellation addresses the Fund's failure to meet obligations as they fall due and its management's lack of fitness, following the termination of a prior controllership. The decision formally removes the Fund from active registration under section 30(3)(a) of the Mutual Funds Law, paving the way for an unfunded winding-up process.
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