Cayman Islands: Compliance

The EU’s new ESG Ratings Regulation applies from 2 July 2026. Although aimed squarely at ESG rating providers, its effects will be felt right across the funds industry.

The Cayman Islands has implemented new regulations requiring every Cayman Financial Institution to designate a Principal Point of Contact based locally, with an extended compliance deadline now set for January 2027. This development represents a significant component of the jurisdiction's broader CRS 2.0 implementation framework, creating new operational obligations for financial institutions operating in the territory.

The Cayman Islands government has delivered its first-year progress report while advancing critical reforms across financial crime prevention, legal services regulation, and digital transformation. CIMA has simultaneously published findings from its thematic review of reinsurance companies and introduced new requirements for approved auditors, signaling heightened supervisory expectations across the jurisdiction.

The Department for International Tax Cooperation (DITC) has issued an industry advisory confirming that the Tax Information Authority (TIA)...

This Round Up provides a concise yet thorough summary of regulatory developments relevant to financial service providers (FSPs) and other stakeholders in the Cayman Islands

Financial service providers and international businesses operating through the Cayman Islands have obligations across automatic exchange of information regimes, economic substance and related reporting.

Welcome to the Cayman Islands Regulatory Round Up: March 2025 – May 2025...

According to the Cayman Islands Directors Registration and Licensing Act (the "Act"), a person named as a director of certain entity types...

This country-specific guide to international fraud and asset tracing in the Cayman Islands focuses on the latest legal information on fraud claims, disclosure of assets...