On June 5th 2017 the Data Protection Law was published in the Cayman Islands. It has not been confirmed, but it is expected that this law will come into effect January 2019. This Law will introduce a framework for data protection within the Cayman Islands.
Note that this law does not differentiate between industries as other laws do, as its main focus is on how personal data from a vendor, employee and/or client was received, used, processed, accessed and removed from your company.
It should be noted that a company, in addition to an individual director, manager, secretary or other company officer may be guilty of an offence if a crime is proven to have been committed with their consent or involvement or attributable to their neglect. Fines under the Law could be as high as CI $350,000 and certain offences are punishable by imprisonment.
Our team of experts include compliance, regulatory, project management and technical specialists, providing a one-stop shop data law preparation service.
Our high-level approach includes:
services can be tailored to your bespoke requirements.