CIMA

Circular

51 published document(s) from Cayman Islands Monetary Authority.

CitationStatusSummary
2017 AMLRs Key Changes, Outsourcing AML/CFT Operations & FASB Updates (2017-11-22)Issued 2017-11-22This is a 2017 CIMA supervisory circular that summarizes major changes brought by the Anti-Money Laundering Regulations, 2017 (AMLRs), which replaced the…
2021 Review of TCSPs Compliance with AMLRs - Customer Verification and Identity (2022-01-19)Issued 2022-01-19This is a CIMA supervisory circular reporting the findings of onsite AML/CFT/CPF inspections conducted in 2021 of Trust and Corporate Services Providers (…
2021 Review of TCSPs Compliance with AMLRs - Sanctions Screening Policies and Procedures (2022-06-17)Issued 2022-06-17This is a CIMA supervisory circular presenting the findings of a 2021 thematic review of Trust and Corporate Services Providers' (TCSPs) compliance with t…
2022 Review of TCSPs Compliance with AMLRs – Sanctions Screening Policies and Procedures (2023-07-27)Issued 2023-07-27This CIMA supervisory circular reports the findings of the Authority's 2022 onsite inspection review of Trust and Corporate Services Providers (TCSPs) reg…
2023 Complaints Handling Survey Review (2024-03-13)Issued 2024-03-13This is a Supervisory Information Circular issued by the Cayman Islands Monetary Authority (CIMA) on 13 March 2024, reporting the results of a 2023 Compla…
2024 Climate Survey Circular Letter (2024-02-01)Issued 2024-02-01This is a short web notice from the Cayman Islands Monetary Authority (CIMA) announcing that it will be administering a survey focused on climate change a…
AML/CFT & Sanctions Onsite Inspections & Findings Pt 1 (2019-03-08)Issued 2019-03-08This is a CIMA supervisory circular (Part 1) summarising the results of the Authority's 2018 onsite inspection programme, with a focus on AML/CFT and sanc…
AML/CFT & Sanctions Onsite Inspections & Findings Pt 2 (2020-05-29)Issued 2020-05-29This is a supervisory information circular issued by CIMA summarizing the results of its 2019 AML/CFT and sanctions onsite inspection program (the second…
AML/CFT On-site and Off-site Supervision of the Virtual Asset Service Providers (2025-09-18)Issued 2025-09-18This is a CIMA supervisory circular explaining how the Authority carries out AML/CFT (including CFT, proliferation financing and sanctions) supervision of…
AML/CFT Remediation (2023-12-29)Issued 2023-12-29This is a CIMA Supervisory Information Circular explaining how the Authority monitors and expects financial service providers (FSPs) to remediate deficien…
AML/CFT Reporting Forms for VASPs (2020-12-03)Issued 2020-12-03This is a Supervisory Information Circular issued by the Cayman Islands Monetary Authority (CIMA) on 3 December 2020, following the launch of the Virtual…
Admin Fines - Sharing of Information (2020-10-13)Issued 2020-10-13This is a Supervisory Information Circular issued by CIMA on 13 October 2020, reminding regulated entities that the Monetary Authority (Administrative Fin…
Amendments to the Virtual Asset (Service Providers) Act in Effect 1 April 2025 (2025-04-01)Issued 2025-04-01This is a CIMA supervisory circular announcing that, effective 1 April 2025, Phase Two of the Virtual Asset Service Providers (VASP) legislative framework…
Business Continuity and Disaster Preparedness (2018-06-04)Issued 2018-06-04This is a CIMA Supervisory Information Circular addressed to Class 'A' Property and Casualty Insurers in the Cayman Islands, issued in June 2018 in the wa…
CIMA Regulatory Update: June 2023 to December 2023 (2024-03-31)Issued 2024-03-31This is CIMA's periodic regulatory update summarizing legislative and regulatory developments between June and December 2023. It is an informational circu…
Changes to Business Plan (2021-09-16)Issued 2021-09-16This is a Supervisory Information Circular issued by the Cayman Islands Monetary Authority (CIMA) reminding all licensees of their existing obligation to…
Clarifications to the Market Discipline Disclosure Requirements (Pillar 3) Rules and Guidelines (2022-08-02)Issued 2022-08-02This is a Supervisory Information Circular in which CIMA provides interim clarifications on how banks should apply the Market Discipline Disclosure Requir…
Climate Change, Environmental, Social and Governance and Sustainability (2022-07-11)Issued 2022-07-11This is a CIMA Supervisory Information Circular addressed to the insurance sector, alerting insurers to the growing importance of climate change and Envir…
Common Regulatory and Thematic Issues Pt 1 (2016-02-01)Issued 2016-02-01This is the first edition of CIMA's Supervisory Issues & Information Circular, a bi-annual publication intended to raise industry awareness of common regu…
Common Regulatory and Thematic Issues Pt 2 (2016-10-01)Issued 2016-10-01This is the second edition of CIMA's Supervisory Information Circular, a general-industry notice covering several recurring regulatory and thematic issues…
Complaints-handling and Regulatory Expectations (2024-10-23)Issued 2024-10-23This is a CIMA Supervisory Information Circular (dated 23 October 2024) that sets out the Authority's expectations for how regulated entities should handl…
Cybersecurity Circular (2016-05-25)IssuedThis is a 2016 circular from the Cayman Islands Monetary Authority (CIMA) addressed to all licensees, raising awareness about cybersecurity risks facing t…
Cybersecurity Circular (2017-10-17)Issued 2017-10-17This is a 2017 circular from the Cayman Islands Monetary Authority (CIMA) raising awareness about cybersecurity risks facing the financial services indust…
Dividend Payments and Distributions (2022-07-28)Issued 2022-07-28This is a Supervisory Information Circular issued by the Cayman Islands Monetary Authority (CIMA) reminding regulated entities of their obligation to noti…
Environmental, Social and Governance and Sustainable Investing (2022-04-13)Issued 2022-04-13This is a Supervisory Information Circular issued by the Cayman Islands Monetary Authority (CIMA) on 13 April 2022, alerting regulated investment funds to…
General Overview: Audit Firms, BEC Schemes, Board Proxies & Other (2019-09-06)Issued 2019-09-06This is a CIMA supervisory circular from September 2019 that bundles together several unrelated supervisory topics for Licensees and Financial Service Pro…
Importance of a Comprehensive Crisis Management Framework and CIMA's Commitment to Implementation (2025-01-10)Issued 2025-01-10This is a CIMA supervisory circular explaining why regulated entities in the Cayman Islands—particularly those considered systemically important—should ha…
Information Circular - Cybersecurity (2017-10-30)Issued 2017-10-30This is a short public notice issued by the Cayman Islands Monetary Authority (CIMA) on 30 October 2017, reminding its licensees of the ongoing risk of cy…
Key Findings from Onsite Inspections of Registered Persons (2025-05-08)Issued 2025-05-08This is a supervisory information circular from CIMA summarizing the findings of onsite AML/CFT inspections conducted on 113 Registered Persons (RPs) unde…
Key Findings of Registered Persons from On-site Inspections (2022-07-12)Issued 2022-07-12This is a Supervisory Information Circular issued by the Cayman Islands Monetary Authority (CIMA) on 12 July 2022, summarizing key weaknesses found during…
Non-Face-to-Face Customer Due Diligence Measures (2023-11-09)Issued 2023-11-09This is a Supervisory Information Circular issued by the Cayman Islands Monetary Authority (CIMA) on 9 November 2023, explaining amendments made in August…
Onsite Inspections Findings, Licensees' AML/CFT Supervisory Approach & Thematic Review (2017-09-01)Issued 2017-09-01This is a CIMA Supervisory Information Circular dated 1 September 2017 that covers three related topics. First, it formally confirms that, following chang…
Procedure for Licence Applications (2021-06-28)Issued 2021-06-28This is a CIMA Supervisory Information Circular that sets out general guidance for any entity applying for a licence to conduct regulated business in or f…
Registered Persons: Key Findings from On-site Inspections 2020 (2020-12-14)Issued 2020-12-14This is a Supervisory Information Circular in which CIMA reports the preliminary findings from its 2020 on-site inspections of Registered Persons (RPs) —…
Requirements of the Financial Accounting Standards (2018-01-05)Issued 2018-01-05This is a Cayman Islands Monetary Authority (CIMA) supervisory circular, dated 5 January 2018, that follows up on an October 2017 circular addressing the…
Special Issue of Supervisory Circular - Business Continuity and Disaster Preparedness - May 2018 (2018-09-25)Issued 2018-09-25This is a CIMA supervisory circular reminding Class 'A' Property and Casualty Insurers of their existing obligations around business continuity and disast…
Supervisory Circular - AML/CFT Reporting Forms for VASPs (2020-11-30)Issued 2020-11-30This is a supervisory circular issued by CIMA on 30 November 2020 announcing a new AML/CFT reporting form for the virtual asset services sector, following…
Supervisory Circular - VASP Registration Reminder (2021-01-15)Issued 2021-01-15This is a short supervisory circular issued by the Cayman Islands Monetary Authority (CIMA) reminding entities that provide or propose to provide virtual…
Supervisory Circular 2023 - Complaints Handling Survey Review (2024-02-23)IssuedThis is a CIMA supervisory circular sharing the results of a 2023 Complaints Handling Survey conducted by the Authority's Banking Supervision Division. Th…
Supervisory Circular on Crisis Management (2025-01-10)IssuedThis is a Supervisory Circular issued by CIMA on 10 January 2025 explaining why a robust crisis management framework matters for the Cayman Islands financ…
Supervisory Information Circular – Complaints-handling and Regulatory Expectations (2024-10-23)IssuedThis is a Supervisory Information Circular issued by CIMA on 23 October 2024 addressing complaints-handling practices and the Authority's expectations for…
Supervisory Information Circular – Stress Testing for Insurers (2023-06-28)Issued 2023-06-28This is a CIMA Supervisory Information Circular dated 28 June 2023 that provides guidance to insurers on how to conduct stress testing, a risk management…
Supervisory Information Circular: VASP Registration/Notification Requirements (2020-10-30)IssuedThis is a CIMA Supervisory Information Circular dated 30 October 2020 explaining the opening of registration and notification requirements under the Virtu…
Supervisory Issues & Information Circular (2017-10-17)Issued 2017-10-17This is the inaugural edition of CIMA's Supervisory Issues & Information Circular, a bi-annual publication in which the Authority highlights thematic and…
Supervisory Issues and Information Circular - Climate Risk for Banking Sector (2021-12-20)Issued 2021-12-20This is a Supervisory Issues and Information Circular issued by CIMA on 20 December 2021, addressed to the Boards of Directors of all Category 'A' and 'B'…
TCSPs Onsite Inspections Findings & Administrative Fine Regime (2017-02-01)Issued 2017-02-01This is a Supervisory Information Circular issued by CIMA on 1 February 2017, sharing a non-exhaustive summary of common compliance deficiencies identifie…
Thematic Credit Review (2021-12-24)Issued 2021-12-24This is a Supervisory Information Circular from CIMA's Banking Supervision Division reporting on a Thematic Credit Review conducted between 18 March 2021…
Third Party Reliance Testing for Agents/Nominees and Eligible Introducers (2022-05-19)Issued 2022-05-19This is a CIMA supervisory information circular, dated 19 May 2022, reminding all regulated entities of their existing obligations regarding third-party r…
Update: Importance of a Comprehensive Crisis Management Framework and CIMA's Commitment to Implementation (2026-03-02)Issued 2026-03-02This is a Supervisory Information Circular from CIMA providing a status update on its ongoing work to build a crisis management framework for the Cayman I…
VASP Registration Reminder (2021-01-15)Issued 2021-01-15This is a Supervisory Information Circular issued by the Cayman Islands Monetary Authority (CIMA) on 15 January 2021, reminding entities that provide or i…
VASP Registration/Notification Requirements (2020-10-30)Issued 2020-10-30This is a CIMA supervisory circular dated 30 October 2020 announcing the opening of registration and notification for entities providing virtual asset ser…