For a better experience on Cayman Islands Monetary Authority, update your browser.
Weather82 °F
Cayman Islands Monetary Authority
PO Box 10052, 80 Shedden Road
Elizabethan Square,
Grand Cayman KY1 - 1001
CAYMAN ISLANDS

Call Us On

+1 (345) 949-7089

Business Hours

Mon - Fri: 8.30 AM - 5.00 PM
Cooperative and Buidling Societies Regulatory Measures

Section 34 of the Monetary Authority Law enables the Authority to issue or amend Rules, Statements of Guidance and Statements of Principle. In addition, Section 48 provides for the issuance of a Regulatory Handbook to contain the policies and procedures of the Authority in carrying out its regulatory and co-operative functions.

The Authority has published an index of measures that contains links to the Rules, Statements of Guidance, Statements of Principle, Regulatory Policies, Regulatory Procedures and Forms that pertain to each industry regulated by the Authority. 

 
 Rule (R) Statement of Guidance (SOG)
Regulatory Policy (RPY) Regulatory Procedure (RPR)
Form (F)  Personal Questionnaire (PQ)
LEGISLATION  click for link
  R SOG RPY RPR F
LICENSING          
Fitness and Propriety     RPy RPr PQ
Consolidated Supervision     RPy    
Issuing notices of decisions to declined applicants       RPr  
Approval of an auditor       RPr  
Regulatory Policy - Criteria for Approving Changes in Ownership and Control     RPY    
           
BUSINESS CONDUCT          
Outsourcing – Regulated Entities   SOG      
Corporate Governance   SOG
 
     
Nature, accessibility and retention of records  
SOG
     
Use of The Internet   SOG      
Marketing Policies of Licensees   SOG      
Internal Controls R        
 Business Continuity Management   SOG      
           
REPORTING          
 Prudential Reports and Statistical Returns     RPy Current Reporting Schedule  
           
 ANTI MONEY LAUNDERING AND COMBATING THE FINANCING OF TERRORISM (AML/CFT)   SOG     NCA