The Cayman Islands Monetary Authority has launched a One-time Non-Compliant Directors Amnesty Scheme, giving eligible registered directors a limited window to voluntarily settle outstanding annual fees and accrued penalties at a discounted rate to regularise their status under the Directors Registration & Licensing Act, 2014. The scheme runs from 16 September to 15 October 2025 and applies to registered directors in the 1–19 covered entities category who, as of 31 August 2025, have more than two years of unpaid annual fees. Directors who are under investigation or subject to enforcement action by the Authority or another regulatory body are not eligible, and once the window closes the full fees and penalties will apply without exception. Applications will be accepted only through the Directors’ Gateway Portal, with further details available on the portal from 16 September 2025.
Cayman Islands Monetary Authority 2025-09-03
Cayman Islands Monetary Authority launches one-time amnesty for non-compliant registered directors to settle overdue fees and penalties at a discount
The Cayman Islands Monetary Authority has introduced a One-time Non-Compliant Directors Amnesty Scheme, allowing eligible directors to settle outstanding fees and penalties at a discounted rate. The scheme is available from 16 September to 15 October 2025 for directors with over two years of unpaid fees, excluding those under investigation. Applications must be submitted via the Directors’ Gateway Portal.