VASP Financial Returns Form Now in Effect (2025-12-01)

Summary

This is a short notice from the Cayman Islands Monetary Authority (CIMA) announcing that a new standardised VASP Financial Returns Form has gone live in CIMA's REEFS electronic filing portal as of 1 December 2025. The form (coded VFR-051-84) is intended to standardise periodic financial reporting by entities registered or licensed under the Virtual Asset (Service Providers) Act (2024 Revision).

The notice applies to all Virtual Asset Service Providers (VASPs) regulated by CIMA.

• Submission requirement: These entities must now complete and submit the new form through REEFS according to reporting periods set by the Authority.
• First deadline: The first submission deadline is 31 December 2025, covering the reporting period ending 30 September 2025.
• No extensions: The notice explicitly warns that no extensions will be granted for this submission.

The notice points readers to a separate Completion Guide for the form and to an earlier CIMA notice dated 28 November 2025 for full details of the form's requirements and submission timelines, suggesting this document is a companion announcement rather than the complete substantive rule.

Key obligations

• All regulated VASPs must complete and submit the VFR-051-84 Financial Returns Form via the REEFS portal in accordance with the reporting periods prescribed by CIMA.
• VASPs must submit the first VFR-051-84 form by 31 December 2025, covering the reporting period ending 30 September 2025.
• No extensions will be granted for submission of this form, so VASPs must ensure timely filing.

Applies to

Virtual Asset Service Providers (VASPs)

Deadlines

• 31 December 2025: First reporting deadline for submission of the VFR-051-84 VASP Financial Returns Form, covering the reporting period ending 30 September 2025.