Extension of Filing Deadline for MFAs (2019-12-12)

Summary

This is a short notice from the Cayman Islands Monetary Authority (CIMA) announcing an extension of the filing deadline for two AML/CFT reporting forms relevant to the investments sector. The notice is issued by CIMA's Investments Supervision Division and appears aimed at mutual fund administrators (MFAs) and related investment entities that must file these AML/CFT risk assessment forms.

• Forms affected: AML/CFT Inherent Risks-Investments (AIR-157-26) and AML/CFT Risk Controls-Investments (ARC158-26), both required under regulation 53(A) of the Anti-Money Laundering Regulations, 2019.
• Extended deadline: CIMA extended the submission deadline for these forms to 20 December 2019.

Key obligations

• Submit the AML/CFT Inherent Risks - Investments form (AIR-157-26) by the extended deadline of 20 December 2019.
• Submit the AML/CFT Risk Controls - Investments form (ARC158-26) by the extended deadline of 20 December 2019.

Applies to

mutual fund administrators, investments entities regulated by CIMA's Investments Supervision Division

Deadlines

• 20 December 2019: Extended deadline for filing the AML/CFT Inherent Risks - Investments (AIR-157-26) and AML/CFT Risk Controls - Investments (ARC158-26) forms, required under regulation 53(A) of the Anti-Money Laundering Regulations, 2019.