Legal Associations (Miscellaneous Amendments) Law, 2018

Gazette No. 97 dated 19th December, 2018.

THE LEGAL ASSOCIATIONS (MISCELLANEOUS AMENDMENTS) LAW, 2018

(LAW 29 OF 2018)

Law 29 of 2018

I Assent

Martyn roper

Governor.

Date: 17th December, 2018

A LAW TO MAKE CONSEQUENTIAL AMENDMENTS TO CERTAIN LAWS DUE TO THE MERGER OF THE LEGAL ASSOCIATIONS; TO PROVIDE FOR THE REGULATION OF CONTINUING EDUCATION FOR ATTORNEYS-AT-LAW INCLUDING CONTINUING EDUCATION IN ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM LEGISLATION; AND FOR INCIDENTAL AND CONNECTED PURPOSES

ENACTED by the Legislature of the Cayman Islands. (1) This Law may be cited as the Legal Associations (Miscellaneous Amendments) Law, 2018. (2) This Law shall come into force by Order made by the Cabinet. The Laws specified in the Schedule are amended as provided in the Schedule. Short title and commencement General amendments to Laws

SCHEDULE (Section 2) AMENDMENTS TO LAWS The Legal Practitioners Law (2015 Revision) is amended as follows - (a) in section 2, by inserting the following definition its appropriate alphabetical sequence - “anti-money laundering and counter-terrorism legislation” means any one of the following - (a) the Proceeds of Crime Law (2018 Revision); (b) the Terrorism Law (2018 Revision); the Proliferation Financing (Prohibition) Law (2017 Revision); (d) any regulations made under the Laws specified in paragraphs (a) to (c); and (e) any other legislation prescribed by regulations;” ; (b) in section 19 by repealing paragraph (c) and substituting the following paragraphs - “(c) two attorneys-at-law in private practice who have ten or more years call to the Bar and who are nominated by the head of the Cayman Islands Legal Practitioners Association; or (d) as an alternative to paragraph (c), the head of the Cayman Islands Legal Practitioners Association, and one attorney-at-law in private practice who has ten or more years call to the Bar and who is nominated by the head of the Cayman Islands Legal Practitioners Association;”; and by inserting after section 22 the following sections - “Regulation by the Cayman Islands Legal 22A. The objects of the Cayman Islands Legal shall include the regulation of attorneys-at-law to ensure their compliance with anti-money laundering and counter-terrorism legislation.

Regulations relating to continuing legal education 22B. The Cabinet, after consultation with the Legal Advisory Council and the Council of the Cayman Islands Legal may make regulations to provide for continuing legal education and practical training for attorneys-at law, including - (a) continuing legal education and training in anti-money laundering and counterterrorism legislation; and (b) giving the Council of the Cayman Islands Legal the power to direct, in specified circumstances, any attorney or group of attorneys to undertake continuing legal education and training in anti-money laundering and counterterrorism legislation.”. The Monetary Authority Law (2018 Revision) is amended in Schedule 3 by deleting the words “Cayman Islands Law Society” and “Caymanian Bar Association” and substituting the words “Cayman Islands Legal Practitioners

Passed by the Legislative Assembly the 16th day of November, 2018

Dr. Hon. W. McKeeva Bush

Speaker.

Zena Merren-Chin

Clerk of the Legislative Assembly.