The Cayman Islands Monetary Authority (CIMA) has revised both volumes of its Regulatory Handbook and Enforcement Manual, with the updates effective upon Gazettement on 27 June 2025. Volume 1 of the Regulatory Handbook sets out the policies and procedures followed by CIMA, its committees and officers when carrying out regulatory and co-operative functions, and the amendments primarily enhance provisions related to external membership and stakeholder engagement. Volume 2, the Enforcement Manual, is intended to be read alongside Volume 1 and sets the framework for CIMA’s enforcement regime where Authorised Persons do not comply with the Regulatory Acts; the revisions consolidate procedures for Enforcement Actions, Administrative Fines, Publication and Lost Contact.
Cayman Islands Monetary Authority 2025-07-02
Cayman Islands Monetary Authority revises its Regulatory Handbook and Enforcement Manual, strengthening stakeholder engagement and consolidating enforcement procedures
The Cayman Islands Monetary Authority has updated its Regulatory Handbook and Enforcement Manual, effective from 27 June 2025. Volume 1 enhances provisions on external membership and stakeholder engagement, while Volume 2 consolidates procedures for enforcement actions and administrative fines.