CIMA

Statement of Guidance

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

CitationStatusSummary
AML FAQs for Funds (2019-02-01)In forceThis is a CIMA guidance note in FAQ format clarifying how the Anti-Money Laundering Regulations (AMLRs) and accompanying Guidance Notes (GN) apply to Caym…
Guidance Notes for the Completion of the Money Services Business Survey/Money Services Business Quarterly Return Form (March 2011)Status not confirmedThis is a Cayman Islands Monetary Authority (CIMA) guidance document explaining how licensed Money Services Businesses (MSBs) should complete the Money Se…
Guidance Notes on the Prevention and Detection of Money Laundering, Terrorist Financing and Proliferation Financing in the Cayman Islands (2020 Revision)Status not confirmedThis is CIMA's consolidated Guidance Notes (2020 Revision) on preventing and detecting money laundering, terrorist financing and proliferation financing (…
Private Funds Law FAQs Update (2020-05-07)In forceThis is a set of FAQs issued by CIMA on 7 May 2020 to explain how it will interpret and apply the Private Funds Law, 2020 (PFL), particularly the definiti…
SoG - Virtual Asset Custodians and Virtual Asset Trading PlatformsStatus not confirmedThis document is a Statement of Guidance (SoG) issued by the Cayman Islands Monetary Authority (CIMA) in December 2024, setting out CIMA's minimum supervi…
Statement of Guidance - Business Continuity Management (All Licensees) (March 2007)Status not confirmedThis is a CIMA Statement of Guidance (from March 2007) setting out supervisory expectations for business continuity management (BCM) that apply to all CIM…
Statement of Guidance - Capital Adequacy of Class B InsurersRepealedThis is a 2006 CIMA Statement of Guidance explaining how the Authority expects Class B insurance companies (both unrestricted and restricted) to determine…
Statement of Guidance - Cessation and Non-Commencement of Business (Securities Investment Business)Status not confirmedThis is a CIMA Statement of Guidance addressing what securities investment business licensees must do when they stop carrying on licensed business, or fai…
Statement of Guidance - Classification of Clients (Securities Investment Business)Status not confirmedThis is a CIMA Statement of Guidance explaining how firms conducting securities investment business under the Securities Investment Business Law (SIBL) an…
Statement of Guidance - Client Assets, Money and Safekeeping (Securities Investment Business)Status not confirmedThis is a CIMA Statement of Guidance addressing how licensees carrying on securities investment business under the Securities Investment Business Law (SIB…
Statement of Guidance - Corporate Governance for Mutual Funds and Private Funds (April 2023)In forceThis is a Statement of Guidance (SOG) issued by CIMA in April 2023 setting out minimum expectations for the corporate governance of regulated mutual funds…
Statement of Guidance - Foreign Exchange Risk ManagementStatus not confirmedThis is a CIMA Statement of Guidance setting out best-practice standards for banks to manage foreign exchange (FX) risk, including both general FX exposur…
Statement of Guidance - Interest Rate Risk ManagementStatus not confirmedThis is a CIMA Statement of Guidance that explains how bank licensees are expected to comply with Rule 4(B) on interest rate risk, which requires them to…
Statement of Guidance - Internal Audit - BanksStatus not confirmedThis is a CIMA Statement of Guidance setting out best-practice expectations for banks licensed in the Cayman Islands regarding the establishment and opera…
Statement of Guidance - Investment Securities and Derivatives Risk Management for BanksStatus not confirmedThis is a CIMA Statement of Guidance addressed to banks operating in or from the Cayman Islands, setting out sound risk-management practices for investmen…
Statement of Guidance - Large Exposures and Credit Risk Concentration for BanksStatus not confirmedThis is a CIMA Statement of Guidance, dated November 2006, that explains how banks in the Cayman Islands should interpret and apply the Rules on Large Exp…
Statement of Guidance - Licensing - Insurance CompaniesStatus not confirmedThis is a CIMA Statement of Guidance setting out the criteria the Cayman Islands Monetary Authority applies when licensing insurance companies, and the on…
Statement of Guidance - Licensing - Insurance ManagersStatus not confirmedThis is a CIMA Statement of Guidance setting out the criteria the Cayman Islands Monetary Authority applies when licensing insurance managers. It explains…
Statement of Guidance - Licensing - Mutual FundsStatus not confirmedThis is a CIMA Statement of Guidance setting out the licensing criteria the Authority applies when assessing applications for licensed mutual funds in the…
Statement of Guidance - Market Conduct (Securities Investment Business)Status not confirmedThis is a CIMA Statement of Guidance setting out expected standards of market conduct for holders of a Securities Investment Business Licence (SIBL) under…
Statement of Guidance - Market Conduct - Insurers, Agents and BrokersStatus not confirmedThis is a CIMA Statement of Guidance (dated May 2018) that sets out expected market conduct standards for insurers and insurance intermediaries (agents an…
Statement of Guidance - Minimum Criteria for Maintaining Physical Presence for Banks (Section 6(6) BTCL)Status not confirmedThis is a Statement of Guidance issued by the Cayman Islands Monetary Authority (CIMA) in March 2007, explaining the minimum criteria banks must meet to m…
Statement of Guidance - Nature, Accessibility and Retention of Records (April 2023)In forceThis is a CIMA Statement of Guidance, effective April 2023, setting out the Authority's minimum expectations for how entities it regulates should keep, se…
Statement of Guidance - Operational Risk Management for BanksStatus not confirmedThis is a 2008 Statement of Guidance issued by the Cayman Islands Monetary Authority (CIMA) that explains how banks should implement the operational risk…
Statement of Guidance - Outsourcing Regulated Entities (April 2023)In forceThis is CIMA's Statement of Guidance on Outsourcing (April 2023), which sets out the Authority's minimum expectations for how regulated entities should es…
Statement of Guidance - Professional Indemnity Insurance (August 2016)Status not confirmedThis is a CIMA Statement of Guidance, dated August 2016, setting out the minimum standards that certain licensees should follow when obtaining and maintai…
Statement of Guidance - Reorganisation of Structure and Variation of Capital (Securities Investment Business)Status not confirmedThis is a CIMA Statement of Guidance addressed to licensees carrying on securities investment business, setting out when they must notify the Authority of…
Statement of Guidance - Responsibilities of Authorised Agents of Banks and Trust CompaniesStatus not confirmedThis is a CIMA Statement of Guidance setting out the responsibilities and minimum standards expected of Authorised Agents acting for banks and trust compa…
Statement of Guidance - Succession Planning (March 2019)Status not confirmedThis is a CIMA Statement of Guidance (SOG), effective March 2019, setting out the Authority's minimum expectations for succession planning by regulated en…
Statement of Guidance for Licensees seeking approval to use an Internal Capital Model (ICM) to calculate the Prescribed Capital Requirement (PCR)Status not confirmedThis is a Statement of Guidance issued by the Cayman Islands Monetary Authority (CIMA) setting out the criteria CIMA will apply when deciding whether to a…
Statement of Guidance on Client Understanding, Suitability, Dealing and Disclosure for Securities Investment BusinessStatus not confirmedThis is a CIMA Statement of Guidance directed at Cayman Islands licensees conducting securities investment business, setting out expected standards of con…
Statement of Guidance on Country and Transfer Risk Management by BanksStatus not confirmedThis is a CIMA Statement of Guidance addressed to banks licensed in the Cayman Islands, setting out supervisory expectations for managing country and tran…
Statement of Guidance – Credit Risk Classification, Provisioning and Management (December 2018)Status not confirmedThis is a Statement of Guidance (SOG) issued by the Cayman Islands Monetary Authority (CIMA) in December 2018, explaining how CIMA expects licensees it ca…
Statement of Guidance – Cybersecurity for Regulated Entities (April 2023)In forceThis is CIMA's Statement of Guidance (SOG) on Cybersecurity for Regulated Entities, dated April 2023, which supplements CIMA's separate binding Rule on th…
Statement of Guidance – Investment Activities of Insurers (February 2022)Status not confirmedThis is a CIMA Statement of Guidance (February 2022) explaining how the Authority expects insurers to comply with its Rule on Investment Activities of Ins…
Statement of Guidance – Virtual Asset Custodians and Virtual Asset Trading PlatformsRepealedThis document is a CIMA Statement of Guidance that set out the Cayman Islands Monetary Authority's expectations for how licensed/registered virtual asset…
Statement of Guidance: Non-Fund Arrangements (November 2020)Status not confirmedThis is CIMA's November 2020 Statement of Guidance explaining which types of arrangements fall outside the definition of a 'private fund' under the Privat…
Statement of Guidance: Outsourcing – Regulated Entities (April 2023)In forceThis is CIMA's April 2023 Statement of Guidance on Outsourcing, setting out the Authority's minimum expectations for how regulated entities should establi…
Statement of Guidance: Responsibilities of Insurance Managers (August 2017)Status not confirmedThis is a Statement of Guidance issued by the Cayman Islands Monetary Authority (CIMA) in August 2017 setting out CIMA's expectations for how licensed ins…
Strix XBRL Overview for Form Fillers (FTS02-38 Rev0)In forceThis is a CIMA user guide explaining how regulated ("obliged") entities and their form fillers can optionally use XBRL (eXtensible Business Reporting Lang…
TMF-147-22 v2 – Termination of Mutual and Private Fund Application Form Completion GuideIn forceThis document is a REEFS Form Completion Guide published by CIMA explaining how to complete and submit Form TMF-147-22_v2, the online application used to…
Termination of Registration or Licence FAQs (2017-10-17)In forceThis is a set of Frequently Asked Questions issued by CIMA explaining the administrative process for terminating (surrendering) a registration or licence…
VFR-051-84 VASP Financial Quarterly Return Form - Completion GuideStatus not confirmedThis is a CIMA completion guide explaining how Virtual Asset Service Providers (VASPs) should fill out the VFR-051-84 VASP Financial Quarterly Return Form…