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
In light of the influx of life & annuity reinsurers on-island, we thought it useful to provide a refresher on the role of the appointed actuary and peer reviewing actuary (“PRA”) in the Cayman Islands and matters for...more
The deadline set by the Cayman Islands Department for International Tax Cooperation (“DITC”) for filings by relevant entities that carry on intellectual property business (“IP Companies”) and entities claiming tax residency...more