Cayman Islands: Money Laundering

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.

International authorities continue to report evolving trading patterns in Russian-origin gold transactions, prompting renewed focus on sanctions compliance frameworks.

In this month's Cayman Islands Regulatory 15/15 episode, Chris Capewell, Laura Goucke and Yunie Wong review industry consultations, new CRS 2.0 self-certifications and CIMA’s 2026 annual AML return season.

The Cayman Islands introduced the Virtual Asset (Service Providers) Act (the VASP Act) with effect in 2020, so that any person carrying...

The Cayman Islands has long been recognised as a leading jurisdiction for investment funds, offering a robust regulatory framework while maintaining efficiency...

The Office for Strategic Action on Illicit Finance (OSAIF) successfully hosted a three-day workshop bringing together public and private sector stakeholders to review current risks...

Legislation in the Cayman Islands concerning beneficial ownership information continues to develop at a steady pace and the latest developments are particularly noteworthy.

The Cayman Islands is the leading jurisdiction for the offshore investment funds industry due to its combination of flexible and appropriate regulation...

2024 was once again an active year for the Cayman Islands regulatory industry. In this edition of our Regulatory & Risk Advisory Outlook...