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Regulation

Mutual Funds (Annual Returns) Regulations (2026 Revision)

Cayman Islands Monetary Authority (CIMA) · Cayman Islands

In force

Status per the Cayman Islands legislation register (legislation.gov.ky) (as at 2026-07-09)

View on CIMA's website Source document

Current version last checked: 2026-07-05

Summary

This is the consolidated 2026 Revision of the Mutual Funds (Annual Returns) Regulations, made under the Mutual Funds Act (2025 Revision). It sets out the ongoing obligation for regulated mutual funds (including their sub-funds) to prepare and submit annual returns to the Cayman Islands Monetary Authority (CIMA) containing detailed particulars specified in the Schedule, such as fund structure, service providers, investor jurisdictions, operating information and financial data.

  • Scope: The regulations apply to regulated mutual funds and, where relevant, their sub-funds (segregated portfolios, sub-trusts, or share/unit classes with separately maintained accounts).
  • Submission deadline: Returns must be submitted within six months after the end of the fund's financial year, or within any extension CIMA allows.
  • Filing channel: Returns must be filed through an auditor appointed under section 8 of the Mutual Funds Act (or another person designated by CIMA).
  • Responsibility: The fund's operator bears responsibility for ensuring compliance, while the auditor's role is limited to timely submission of the return and does not extend to verifying its accuracy or completeness.

This 2026 Revision consolidates several amendments made between 2012 and 2025 and reflects repeal of former regulations 3 and 4. It is a revision/consolidation exercise rather than a substantive policy change, though the Schedule itself contains an extensive and detailed list of required disclosure items (general information, operating information, and financial information) that funds and their operators must ensure is accurately completed.

Key obligations

  • Each regulated mutual fund (and each sub-fund, where applicable) must submit to CIMA accurate and complete annual returns containing the particulars set out in the Schedule, within six months after the end of its financial year or within any extension CIMA allows.
  • Returns must be submitted to CIMA through an auditor appointed under section 8 of the Mutual Funds Act (2025 Revision), or such other person as CIMA may designate.
  • In completing returns, the mutual fund must have regard to any explanatory material issued by CIMA regarding the returns.
  • The operator of a regulated mutual fund must ensure the fund complies with the return submission and content requirements; an operator who contravenes this commits an offence liable to a fine of five hundred dollars.
  • Returns for sub-funds must apply the Schedule with necessary modifications, treating references to a regulated mutual fund as references to the sub-fund.

Applies to

regulated mutual funds, sub-funds of regulated mutual funds (segregated portfolios, sub-trusts, share/unit classes), fund operators, auditors of regulated mutual funds

Deadlines

  • within six months after the end of the financial year: Deadline for submission of a regulated mutual fund's (or sub-fund's) annual return to CIMA, unless CIMA allows an extension.

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Version history

2026-07-05

source file (current)