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CIMA Risk Management Reporting Requirements

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New Regulatory Policy on Recognition and Approval of an Actuary

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In October 2024, the Cayman Islands Monetary Authority (CIMA) issued an updated Regulatory Policy on the Recognition and Approval of an Actuary (the “Policy”), setting out its minimum criteria and process for determining...more

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New Regulatory Framework for Virtual Asset Custodians and Trading Platforms in the Cayman Islands

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The Cayman Islands Monetary Authority (“CIMA”) has issued a new Rule and Statement of Guidance on the obligations for the provision of virtual asset services – Virtual Asset Custodians and Trading Platforms (the “Rule”). With...more

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