Welcome to the first 2025 edition of our Regulatory & Risk Advisory Review. In this instalment, we provide a comprehensive overview of the latest regulatory developments to ensure you have the most up-to-date insights into...more
4/25/2025
/ AML/CFT ,
Anti-Money Laundering ,
Cayman Islands ,
CIMA ,
Compliance ,
Corporate Governance ,
FATF ,
Fees ,
Financial Institutions ,
Financial Services Industry ,
General Licenses ,
New Regulations ,
Regulatory Agenda ,
Regulatory Requirements ,
Risk Management
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
2/10/2025
/ Cayman Islands ,
CIMA ,
Corporate Governance ,
Financial Regulatory Reform ,
Financial Services Industry ,
Insurance Acts ,
Insurance Industry ,
New Regulations ,
Regulatory Requirements ,
Reinsurance ,
Reporting Requirements ,
Risk Management
For many years, most bankers and finance lawyers assumed that any involvement in insurance or reinsurance projects meant venturing into the dark arts of financial services and exercising a degree of alchemy that only a...more