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Contents ACCOUNTING EVOLUTION FOR INVESTMENT COMPANIES 58 62 66 70 72 76


The gaps between the different accounting standards regimes are closing, but some remain. - Ben Leung and Rennie Khan, PKF (Cayman) Ltd


AVOIDING CONFLICTS OF INTEREST IN DIRECTOR SELECTION


It is important that a fund’s directors include individuals with no conflicts of interest, and there are pros and cons to selecting them from some of the more obvious sources of candidates.


- Philip Dickie and Greg Bennett, Harbour LIFE SETTLEMENT VALUATIONS: A US PERSPECTIVE


To be accurately assessed, life settlement contracts, like many other assets, require a nuanced approach.


- Muzaffar Soomro and Corwin Zass, BDO Cayman Ltd and Actuarial Risk Management


CHANGING MARKET DYNAMICS AND THE MULTI-CENTRE HEDGE FUND WORLD


European domiciles are increasing in importance but the traditional offshore centres continue to thrive.


- George Sullivan, State Street WELL POSITIONED FOR THE FUTURE OF FUNDS


Despite a global financial climate that continues to pose challenges, Cayman remains an excellent venue for funds. - Dave Sims and David Walker, Caledonian Funds Services


TAKING CARE OF BUSINESS


Fund administrators play a vital role in the smooth—and compliant— operation of offshore funds. - Andrew Tyson and Rafael Elias, Trident Fund Services


CAYMAN FUNDS | 2012


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