HSM LAW
Cayman Immigration: Section 64 Update
In a press release dated 15 April 2026, the Ministry of Caymanian Employment and Immigration announced: ”The Immigration (Transition) (Amendment and Validation) Act, 2025 introduces updated rules for work permit holders changing jobs, effective 1 May 2026. Work permit holders Read more +
HSM Tribute to Oscar DaCosta
It is with deep sadness that we mark the passing of our much‑loved colleague and friend, Oscar DaCosta, who died this weekend past following a courageous battle with brain cancer. Oscar obtained an LLB (Hons) Degree from the University of Read more +
The ‘X Trusts’ Case – The Privy Council Confirms Protectors May Have a Substantive Fiduciary Role
On 19 March 2026, the Judicial Committee of the Privy Council delivered its judgment in A and Ors (Appellants) v C and others (Respondents) [2026] UKPC 11, overturning the Bermuda Court of Appeal and holding that the protectors of the Read more +
Cayman Immigration Law Changes Will Take Effect on 1 May 2026
On Friday, 27 March 2026, the Government announced that the “Immigration Law changes will take effect on Friday, 1 May 2026”. It appears that the Act which was passed in December 2025 and amended, prior to coming into force on Read more +
STEP TQR: Cayman Foundation v Star Trust
HSM’s Robert Mack, Head of Private Client & Trusts, explores the main uses of a Cayman Islands Foundation Company (FC). Including succession planning, charitable/philanthropic and commercial applications. Further, the various ‘actors’ in an FC are detailed and their roles explained. The strengths and weaknesses of an FC are compared and contrasted with those of Cayman Islands trusts, including private purpose/STAR trusts.
Source – STEP Trust Quarterly Review, June 2018: www.Step.org/TQR
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