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Regulation

Private 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 Private Funds (Annual Returns) Regulations, made under the Private Funds Act (2025 Revision). It sets out the detailed requirements for the annual return that every registered private fund in the Cayman Islands must file with the Cayman Islands Monetary Authority (CIMA), and prescribes the standard form (the Schedule) used for that filing. This revision consolidates the original 2021 Regulations with amendments made in 2024 and 2025.

The Regulations require each private fund to submit an annual return to CIMA for every financial year, covering three areas of information, including details on alternative investment vehicles, sub-funds and related fund entities such as parallel funds and co-investment vehicles.

  • Part A: General information about the fund.
  • Part B: Operating information.
  • Part C: Financial information.
  • Declaration: The return must include a declaration by the fund's operator confirming compliance with the valuation, safekeeping of assets and cash monitoring provisions (sections 16-18) of the Private Funds Act.

The annual return may be submitted by the fund's auditor or another person approved by CIMA, though that submitter is only responsible for timely submission and not for the accuracy of the return's contents -- responsibility for accuracy rests with the fund's operator. The document is primarily a technical/administrative regulation defining the reporting form and process rather than introducing new substantive obligations beyond those already found in the Private Funds Act.

Key obligations

  • A private fund must submit to CIMA an annual return, in the prescribed Schedule form, for each financial year.
  • The annual return must include operating and financial information (Parts B and C of the Schedule) for each alternative investment vehicle (unless separately registered as a private fund) and each sub-fund of the private fund.
  • The annual return must include information on the private fund's related fund entities as specified in paragraph 14 of Part A of the Schedule.
  • A private fund must submit its annual return to CIMA within six months after the end of its financial year, or within any extension allowed by CIMA.
  • When completing the annual return, the private fund must have regard to any explanatory material issued by CIMA regarding the return.
  • A private fund that has received capital contributions for investment purposes must confirm in its annual return, via the prescribed declaration, that it has complied with sections 16 to 18 (valuation, safekeeping of assets, and cash monitoring) of the Private Funds Act (2025 Revision).
  • If submission is made through the fund's auditor or another approved designated person, that person must submit each duly completed return received from the fund's operator in a timely manner.

Applies to

private funds, alternative investment vehicles, sub-funds, related fund entities, auditors of private funds

Deadlines

  • within six months after the end of the financial year to which it relates: Deadline for a private fund to submit its annual return to CIMA, subject to any extension CIMA may allow.

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Version history

2026-07-05

source file (current)