GUIDE TO DUTIES AND OBLIGATIONS OF A DIRECTOR OF …

GUIDE TO DUTIES AND. OBLIGATIONS OF A DIRECTOR . OF A cayman islands fund . CONTENTS. PREFACE 1. 1. Introduction 2. 2. Who are the directors of the fund ? 2. 3. Should I agree to act as a DIRECTOR of the fund ? 2. 4. What powers and authority do I have as a DIRECTOR of the fund ? 3. 5. What are my DUTIES as a DIRECTOR of the fund ? 3. 6. DIRECTOR Registration and Licensing 5. 7. What practical considerations should I take into account during the life of the fund ? 6. 8. What should I do in the event of a crisis? 9. 9. What could happen if I fail to discharge my DUTIES as a DIRECTOR of the fund ?

applebyglobal.com 2 1. INTRODUCTION The purpose of this Guide is to provide you with an overview of the powers, duties and obligations of a director of an exempted company (Fund) incorporated under the Companies Law (as amended) of the Cayman Islands (Companies Law) and registered as a regulated fund under the Mutual Funds Law (as amended) of the Cayman Islands (Mutual Funds Law).

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  Guide, Creditors, Islands, Fund, Obligations, Duties, Cayman islands, Cayman, Guide to duties and obligations of a director, And obligations of a director

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