The Cayman Islands Monetary Authority announced that its one-time Non-Compliant Directors’ Amnesty Scheme has closed, with the scheme ending on 15 October 2025. Payments received after the closure date will not qualify for amnesty benefits and will be treated as full annual fee renewals, including all applicable penalties under the Directors Registration and Licensing Act, 2014. Directors with outstanding balances will remain non-compliant, and those in arrears will continue to be in breach of Section 6(2) until all outstanding annual fees and penalties are paid in full; ongoing non-compliance may lead to enforcement action. Payments can still be made via the Directors’ Gateway Portal.
Cayman Islands Monetary Authority2025-10-16
Cayman Islands Monetary Authority closes one-time directors’ amnesty scheme and warns arrears will attract full penalties and possible enforcement
The Cayman Islands Monetary Authority has closed its Non-Compliant Directors’ Amnesty Scheme as of 15 October 2025. Payments made after this date will not receive amnesty benefits and will incur full annual fees and penalties under the Directors Registration and Licensing Act, 2014. Directors with outstanding balances remain non-compliant and risk enforcement action until all dues are settled.