{"kind":"expression","expression":{"expr_id":"2310","doc_id":"2310","label":"Financial (Amendment) Regulations, 2023","is_as_enacted":"f","commenced_on":null,"superseded_on":null,"valid_from":null,"valid_to":null,"is_current":"t","incorporating":null,"akn_expr_iri":"\/akn\/ky\/bill\/2023\/17\/eng@2023-01-01","akn_envelope":"{\"_canary\": {\"iri\": {\"work\": \"\/akn\/ky\/bill\/2023\/17\", \"expression\": \"\/akn\/ky\/bill\/2023\/17\/eng@2023-01-01\", \"manifestation\": \"\/akn\/ky\/bill\/2023\/17\/eng@2023-01-01.pdf\"}, \"pdf\": {\"md5\": \"2fcdd4a00bb929022aba74bae460d8c8\", \"path\": \"\/Users\/q\/kyleg-data\/working\/BILLS\/2023\/2023-0017\/2023-0017.pdf\", \"pages\": 8, \"filename\": \"2023-0017.pdf\"}, \"errors\": [], \"extraction\": {\"model\": null, \"stats\": {\"word_count\": 630, \"paragraph_count\": 5, \"text_char_count\": 4407}, \"usage\": null, \"method\": \"pymupdf-text\", \"version\": \"kyleg-akn-1.0\", \"extracted_at\": \"2026-06-22\"}, \"classification\": \"text_layer\", \"validation_flags\": [], \"docai_processor_id\": null}, \"akomaNtoso\": {\"act\": null, \"doc\": null, \"bill\": {\"body\": [{\"eId\": \"sec_n1\", \"num\": null, \"text\": \"COMPANIES MANAGEMENT (AMENDMENT) (NO.2) BILL, 2023 A BILL FOR AN ACT TO AMEND THE COMPANIES MANAGEMENT ACT (2021 REVISION) TO INCLUDE REFERENCES TO THE BENEFICAL OWNERSHIP TRANSPARENCY ACT, 2023; AND FOR INCIDENTAL AND CONNECTED PURPOSES Introduced PUBLISHING DETAILS Sponsoring Ministry\/Portfolio: Ministry of Financial Services and Commerce (FSC) Companies Management (Amendment) (No.2) Bill, 2023 Objects and Reasons Introduced Memorandum of OBJECTS AND REASONS This Bill amends the Companies Management Act (2021 Revision) (the \u201cprincipal Act\u201d) to include references to the Beneficial Ownership Transparency Act, 2023. Clause 1 provides the short title and commencement of the legislation. Clause 2 amends section 3(1)(ba) of the principal Act to replace the references to the Companies Act (2021 Revision) and the Limited Liability Companies Act (2021 Revision) with references to the Beneficial Ownership Transparency Act, 2023. Clause 3 amends section 18(1)(c) of the principal Act to replace the references to Part XVIIA of the Companies Act (2021 Revision) and Part 12 of the Limited Liability Companies Act (2021 Revision) with references to the Beneficial Ownership Transparency Act, 2023. Clause 4 amends section 19(2) of the principal Act to replace the references to Part XVIIA of the Companies Act (2021 Revision) and Part 12 of the Limited Liability Companies Act (2021 Revision) with references to the Beneficial Ownership Transparency Act, 2023. Companies Management (Amendment) (No.2) Bill, 2023 Arrangement of Clauses Introduced COMPANIES MANAGEMENT (AMENDMENT) (NO.2) BILL, 2023 Arrangement of Clauses Clause 1.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_2\", \"num\": \"2.\", \"text\": \"Amendment of section 3 of the Companies Management Act (2021 Revision) - definition 3.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_4\", \"num\": \"4.\", \"text\": \"Companies Management (Amendment) (No.2) Bill, 2023 Clause 1 Introduced COMPANIES MANAGEMENT (AMENDMENT) (NO.2) BILL, 2023 A BILL FOR AN ACT TO AMEND THE COMPANIES MANAGEMENT ACT (2021 REVISION) TO INCLUDE REFERENCES TO THE BENEFICAL OWNERSHIP TRANSPARENCY ACT, 2023; AND FOR INCIDENTAL AND CONNECTED PURPOSES ENACTED by the Legislature of the Cayman Islands.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_1\", \"num\": \"1.\", \"text\": \"Short title and commencement 1. (1) This Act may be cited as the Companies Management (Amendment) (No. 2) Act, 2023. (2) This Act comes into force by Order made by the Cabinet. 2. Amendment of section 3 of the Companies Management Act (2021 Revision) - definition of \u201cbusiness of company management\u201d 2. The Companies Management Act (2021 Revision), in this Act referred to as the \u201cprincipal Act\u201d, is amended in section 3(1)(ba) as follows \u2014 (a) by deleting the words \u201cPart XVIIA of the Companies Act (2021 Revision)\u201d and substituting the words \u201cthe Beneficial Ownership Transparency Act, 2023\u201d; and Clause 3 Companies Management (Amendment) (No.2) Bill, 2023 Introduced (b) by deleting the words \u201cthat Part or of Part 12 of the Limited Liability Companies Act (2021 Revision)\u201d and substituting the words \u201cthe Beneficial Ownership Transparency Act, 2023\u201d.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_3\", \"num\": \"3.\", \"text\": \"Amendment of section 18 - additional powers of Authority 3. The principal Act is amended in section 18(1)(c) by deleting the words \u201c, Part XVIIA of the Companies Act (2021 Revision) or Part 12 of the Limited Liability Companies Act (2021 Revision)\u201d and substituting the words \u201cor the Beneficial Ownership Transparency Act, 2023\u201d. 4. Amendment of section 19 - power of search 4. The principal Act is amended in section 19(2) by deleting the words \u201cPart XVIIA of the Companies Act (2021 Revision) or Part 12 of the Limited Liability Companies Act (2021 Revision)\u201d wherever they occur and substituting the words \u201cor the Beneficial Ownership Transparency Act, 2023\u201d. Passed by the Parliament the        day of                          , 2023. Speaker Clerk of the Parliament\", \"element\": \"section\", \"heading\": null}], \"meta\": {\"notes\": null, \"workflow\": null, \"lifecycle\": {\"source\": \"#cilegis\", \"eventRef\": [{\"eId\": \"e_commence_2023_01_01\", \"date\": \"2023-01-01\", \"type\": \"generation\", \"source\": \"#cilegis\"}]}, \"references\": {\"source\": \"#canary\", \"TLCRole\": [], \"TLCEvent\": [{\"eId\": \"ev_commencement\", \"href\": \"\/akn\/ontology\/canary\/event\/commencement\", \"showAs\": \"commencement\"}], \"TLCPerson\": [], \"TLCConcept\": [{\"eId\": \"inForce\", \"href\": \"\/akn\/ontology\/canary\/concept\/temporal\/in-force\", \"showAs\": \"in force\"}], \"TLCProcess\": [], \"TLCLocation\": [], \"TLCOrganization\": [{\"eId\": \"cilegis\", \"href\": \"\/akn\/ontology\/canary\/organization\/editor\/cilegis\", \"showAs\": \"Cayman Islands legislation mirror (kyleg)\"}]}, \"temporalData\": {\"source\": \"#cilegis\", \"temporalGroup\": [{\"eId\": \"tg_inforce_2023_01_01\", \"timeInterval\": [{\"end\": null, \"start\": \"#e_commence_2023_01_01\", \"duration\": null, \"refersTo\": \"#inForce\"}]}]}, \"classification\": null, \"identification\": {\"source\": \"#cilegis\", \"FRBRWork\": {\"FRBRuri\": \"\/akn\/ky\/bill\/2023\/17\", \"FRBRdate\": [{\"date\": \"2023-01-01\", \"name\": \"generation\"}], \"FRBRthis\": \"\/akn\/ky\/bill\/2023\/17\/!main\", \"FRBRalias\": [{\"name\": \"cmsId\", \"value\": \"2023-0017\"}], \"FRBRauthor\": [{\"as\": \"#editor\", \"href\": \"\/akn\/ontology\/canary\/organization\/editor\/cilegis\"}], \"FRBRnumber\": \"17 of 2023\", \"FRBRcountry\": \"ky\", \"FRBRsubtype\": \"bill\"}, \"FRBRExpression\": {\"FRBRuri\": \"\/akn\/ky\/bill\/2023\/17\/eng@2023-01-01\", \"FRBRdate\": [{\"date\": \"2023-01-01\", \"name\": \"generation\"}], \"FRBRthis\": \"\/akn\/ky\/bill\/2023\/17\/eng@2023-01-01\/!main\", \"FRBRauthor\": [{\"as\": \"#editor\", \"href\": \"\/akn\/ontology\/canary\/organization\/editor\/cilegis\"}], \"FRBRlanguage\": \"eng\"}, \"FRBRManifestation\": {\"FRBRuri\": \"\/akn\/ky\/bill\/2023\/17\/eng@2023-01-01.xml\", \"FRBRdate\": [{\"date\": \"2026-06-22\", \"name\": \"generation\"}], \"FRBRthis\": \"\/akn\/ky\/bill\/2023\/17\/eng@2023-01-01.xml\", \"FRBRauthor\": [{\"as\": \"#editor\", \"href\": \"\/akn\/ontology\/canary\/organization\/editor\/cilegis\"}], \"FRBRformat\": \"application\/xml\"}}}, \"name\": \"bill\", \"header\": {\"title\": \"Financial (Amendment) Regulations, 2023\", \"actNumber\": \"17 of 2023\", \"longTitle\": null}}, \"judgment\": null}}","akn_full_text":"CAYMAN ISLANDS\n\nCOMPANIES MANAGEMENT\n(AMENDMENT) (NO.2) BILL, 2023\nSupplement No. 4 published with Legislation Gazette No. 26 dated 30th August, 2023.\nA BILL FOR AN ACT TO AMEND THE COMPANIES MANAGEMENT ACT (2021\nREVISION) TO INCLUDE REFERENCES TO THE BENEFICAL OWNERSHIP\nTRANSPARENCY ACT, 2023; AND FOR INCIDENTAL AND CONNECTED PURPOSES\n\nPage 2\nIntroduced\nc\n\nPUBLISHING DETAILS\nSponsoring Ministry\/Portfolio: Ministry of Financial Services and Commerce (FSC)\n\nCompanies Management (Amendment) (No.2) Bill, 2023\nObjects and Reasons\n\nc\nIntroduced\nPage 3\n\nMemorandum of\nOBJECTS AND REASONS\nThis Bill amends the Companies Management Act (2021 Revision) (the \u201cprincipal Act\u201d)\nto include references to the Beneficial Ownership Transparency Act, 2023.\nClause 1 provides the short title and commencement of the legislation.\nClause 2 amends section 3(1)(ba) of the principal Act to replace the references to the\nCompanies Act (2021 Revision) and the Limited Liability Companies Act (2021 Revision)\nwith references to the Beneficial Ownership Transparency Act, 2023.\nClause 3 amends section 18(1)(c) of the principal Act to replace the references to Part\nXVIIA of the Companies Act (2021 Revision) and Part 12 of the Limited Liability\nCompanies Act (2021 Revision) with references to the Beneficial Ownership Transparency\nAct, 2023.\nClause 4 amends section 19(2) of the principal Act to replace the references to Part XVIIA\nof the Companies Act (2021 Revision) and Part 12 of the Limited Liability Companies Act\n(2021 Revision) with references to the Beneficial Ownership Transparency Act, 2023.\n\nCompanies Management (Amendment) (No.2) Bill, 2023\nArrangement of Clauses\n\nc\nIntroduced\nPage 5\n\nCAYMAN ISLANDS\n\nCOMPANIES MANAGEMENT (AMENDMENT)\n(NO.2) BILL, 2023\n\nArrangement of Clauses\nClause\nPage\n1.\nShort title and commencement ..................................................................................................7\n2.\nAmendment of section 3 of the Companies Management Act (2021 Revision) - definition\nof \u201cbusiness of company management\u201d .....................................................................................7\n3.\nAmendment of section 18 - additional powers of Authority .........................................................8\n4.\nAmendment of section 19 - power of search ..............................................................................8\n\nCompanies Management (Amendment) (No.2) Bill, 2023\nClause 1\n\nc\nIntroduced\nPage 7\n\nCAYMAN ISLANDS\n\nCOMPANIES MANAGEMENT (AMENDMENT)\n(NO.2) BILL, 2023\n\nA BILL FOR AN ACT TO AMEND THE COMPANIES MANAGEMENT ACT (2021\nREVISION) TO INCLUDE REFERENCES TO THE BENEFICAL OWNERSHIP\nTRANSPARENCY ACT, 2023; AND FOR INCIDENTAL AND CONNECTED PURPOSES\nENACTED by the Legislature of the Cayman Islands.\n1.\nShort title and commencement\n1.\n(1) This Act may be cited as the Companies Management (Amendment) (No. 2)\nAct, 2023.\n(2) This Act comes into force by Order made by the Cabinet.\n2.\nAmendment of section 3 of the Companies Management Act (2021 Revision)\n- definition of \u201cbusiness of company management\u201d\n2.\nThe Companies Management Act (2021 Revision), in this Act referred to as the\n\u201cprincipal Act\u201d, is amended in section 3(1)(ba) as follows \u2014\n(a)\nby deleting the words \u201cPart XVIIA of the Companies Act (2021 Revision)\u201d\nand substituting the words \u201cthe Beneficial Ownership Transparency Act,\n2023\u201d; and\n\nClause 3\nCompanies Management (Amendment) (No.2) Bill, 2023\n\nPage 8\nIntroduced\nc\n\n(b) by deleting the words \u201cthat Part or of Part 12 of the Limited Liability\nCompanies Act (2021 Revision)\u201d and substituting the words \u201cthe\nBeneficial Ownership Transparency Act, 2023\u201d.\n3.\nAmendment of section 18 - additional powers of Authority\n3.\nThe principal Act is amended in section 18(1)(c) by deleting the words \u201c, Part XVIIA\nof the Companies Act (2021 Revision) or Part 12 of the Limited Liability Companies\nAct (2021 Revision)\u201d and substituting the words \u201cor the Beneficial Ownership\nTransparency Act, 2023\u201d.\n4.\nAmendment of section 19 - power of search\n4.\nThe principal Act is amended in section 19(2) by deleting the words \u201cPart XVIIA of\nthe Companies Act (2021 Revision) or Part 12 of the Limited Liability Companies Act\n(2021 Revision)\u201d wherever they occur and substituting the words \u201cor the Beneficial\nOwnership Transparency Act, 2023\u201d.\n\nPassed by the Parliament the        day of                          , 2023.\n\nSpeaker\n\nClerk of the Parliament","akn_extracted_at":"2026-06-22 15:41:32.526424+00","cms_id":"2023-0017","law_type":"bill","year":"2023","number":"17","title":"Financial (Amendment) Regulations, 2023","status":"bill"},"provenance":{"files":[{"file_id":"7109","expr_id":"2310","kind":"akn_xml","filename":"2023-0017.akn.xml","source_url":null,"storage_path":"\/Users\/q\/kyleg-data\/working\/BILLS\/2023\/2023-0017\/2023-0017.akn.xml","content_md5":"4d69b4082838a0cd15432a0d76a7527c","byte_size":"6799","http_last_modified":null,"fetched_at":"2026-06-22 15:41:32.609504+00"},{"file_id":"4619","expr_id":"2310","kind":"pristine_pdf","filename":"2023-0017.pdf","source_url":"\/cms\/images\/LEGISLATION\/BILLS\/2023\/2023-0017\/2023-0017.pdf","storage_path":"\/Users\/q\/kyleg-data\/pristine\/BILLS\/2023\/2023-0017\/2023-0017.pdf","content_md5":"2fcdd4a00bb929022aba74bae460d8c8","byte_size":"756563","http_last_modified":null,"fetched_at":"2026-06-16 04:01:11.355469+00"},{"file_id":"4620","expr_id":"2310","kind":"working_pdf","filename":"2023-0017.pdf","source_url":"\/cms\/images\/LEGISLATION\/BILLS\/2023\/2023-0017\/2023-0017.pdf","storage_path":"\/Users\/q\/kyleg-data\/working\/BILLS\/2023\/2023-0017\/2023-0017.pdf","content_md5":"2fcdd4a00bb929022aba74bae460d8c8","byte_size":"756563","http_last_modified":null,"fetched_at":"2026-06-16 04:01:11.355469+00"}],"paragraph_count":15,"latest_history":null},"quality":{"expr_id":"2310","doc_id":"2310","quality_state":"known_issue","quality_score":"55","needs_human_review":"t","deterministic_categories":"{commencement_metadata_problem,duplicate_text,page_header_footer_noise,title_mismatch}","llm_categories":"{}","repair_actions":"{collapse_duplicate_text,strip_page_furniture,verify_commencement_metadata,verify_title_metadata}","finding_severity_counts":"{\"low\": 2, \"high\": 1, \"medium\": 1}","finding_summary":"stored title is not visible in the opening extracted text; repeated line furniture detected: cayman islands x3; introduced x5; companies management amendment no 2 bill 2023 x4","assessed_at":"2026-06-22 15:29:46.392425+00","updated_at":"2026-06-22 15:29:46.392425+00"}}