The Cayman Islands Monetary Authority (CIMA) has signed a memorandum with both the UK’s Prudential Regulation Authority and the Financial Conduct Authority. [caption id="attachment_2861" align="alignright" width="300"] CIMA managing director, Cindy Scotland.[/caption] At the beginning of this month, the United Kingdom’s Financial Services Act 2012 entered into force, and functions previously exercised by th ...

The Cayman Islands Monetary Authority is seeking input from stakeholders on mutual funds regulatory framework in a manner that will help retain the Cayman Islands’ position as the leading jurisdiction for mutual funds formation. ...

The Cayman Islands Monetary Authority is conducting investigations into the local operations of HSBC, in the wake of recent issues surrounding HSBC Mexico, which was the subject of a US regulators investigation for laundering funds of sanctioned nations including Iran and Sudan. ...