Regulatory Oversight, Cayman Islands, Regulatory Agenda

Conyers Coverage Issue 13 – Summer Edition 2025

Conyers on 8/15/2025

A warm welcome to the Summer edition of Conyers Coverage. The whirlwind that is the Cayman Islands (re)insurance industry continues to blow with gusto! To keep you updated on recent developments, we include various items from...more

Understanding Outsourcing Obligations for Cayman Islands Funds

Conyers on 5/29/2025

It has been two years since the Cayman Islands Monetary Authority (CIMA) introduced its Rule on Corporate Governance for Regulated Entities (the “Corporate Governance Rule”), and a year and a half since it came into force....more

Key Insights from Cayman Islands Seminar on CIMA Onsite Inspections

Conyers on 5/24/2024

The Financial Services Institute in collaboration with Conyers, Grant Thornton and Cayman Finance hosted its fourth comprehensive training seminar on “Preparing for an Onsite Inspection from the Cayman Islands Monetary...more

Cayman Islands Removal from the EU Anti-Money Laundering List

Conyers on 2/9/2024

The Cayman Islands is now set to be removed from the EU anti-money laundering (AML) list. This action follows the decision of the Financial Action Task Force (FATF) monitoring group on 27 October 2023 and subsequent removal...more

CIMA Updates and Extends the Scope of Its Corporate Governance Guidance to Cover Both Mutual Funds and Private Funds

Conyers on 8/8/2023

The Cayman Islands Monetary Authority (CIMA) recently issued a new Statement of Guidance for Mutual Funds and Private Funds (Corporate Governance Guidance) which: - updates the current guidance applicable to funds...more

Regulatory Administrative Fines Have Become a Wakeup Call

Conyers on 12/7/2022

Since the enactment of the Monetary Authority (Administrative Fines) (Amendment) Regulations (2022 Revision) (the “Fines Regulations”),1 the Cayman Islands has witnessed a continuous increase in the number of administrative...more