The Cayman Islands Monetary Authority has announced updates to the REEFS portal forms used for mutual fund and private fund de-registrations, effective 8 November 2025. From that date, de-registration applications must be submitted via REEFS using the new forms, and private fund de-registration submissions by email will no longer be accepted. The TMF-147-22 v2 Form (Termination of a Mutual Fund or Private Fund) replaces the existing TMF-147-22 and now covers both mutual funds and private funds. The TRS-142-99 v2 Form (Termination of a SP or Series Trust or Sub-Fund) replaces the existing TRS-142-99 and expands to include private fund sub-funds and alternative investment vehicles where the AIV is not separately registered as a private fund. The revised forms are intended to align more closely with CIMA’s cancellation procedures for regulated mutual funds and registered private funds. A transition period will apply from 8 to 20 November 2025. In-progress applications already submitted in REEFS using the original TMF-147-22 or TRS-142-99 forms may be resubmitted with the original form until 20 November 2025 under the same REEFS Request ID; otherwise, they will be invalidated and considered withdrawn, requiring a fresh submission using the relevant v2 form. Private fund, sub-fund and AIV de-registration applications submitted by email before 8 November 2025 do not need to be resubmitted unless denied, in which case a new application must be filed in REEFS using the updated form.
Cayman Islands Monetary Authority 2025-11-03
Cayman Islands Monetary Authority introduces updated REEFS mutual and private fund de-registration forms and stops accepting email submissions from 8 November 2025
The Cayman Islands Monetary Authority has updated the REEFS portal forms for mutual and private fund de-registrations, effective 8 November 2025. The TMF-147-22 v2 and TRS-142-99 v2 forms replace their predecessors, expanding coverage to include private fund sub-funds and alternative investment vehicles. A transition period from 8 to 20 November 2025 allows in-progress applications to be resubmitted with original forms; new submissions must use the updated forms.