CohnReznick – The SEC recently proposed new regulations for the private fund industry that would require annual audits and quarterly investor account statements, expand “prohibited activities,” limit preferential treatment, and other key changes. The proposals are intended to “enhance the regulation of private fund advisors and to protect private fund investors by increasing transparency, competition, and efficiency,” the SEC wrote in its release. Read more…

Citrin Cooperman: As the popularity of cryptocurrencies continues to grow, cyber criminals have taken notice. One threat to cryptocurrency is a nefarious tactic called cryptojacking. The following frequently asked questions will provide an overview of this topic. Read more…

Harbour – 2022 marks a significant milestone for Harbour (The Harbour Trust Co. Ltd.), a leading fund governance firm, as they celebrate 40 years of providing professional services in the Cayman Islands. Harbour has a longstanding and well-established presence in the fund industry, both in the Cayman Islands and around the globe. The firm was established on March 4, 1982 and licensed with the Cayman Islands Monetary Authority (“CIMA”) the same month. Since then they have grown from three people to their present group of 14 multi-talented professionals, all while continuing to expand and diversify their service offerings. Read more…