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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
Money Services Business 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          
Regulatory Policy - Licensing and Approving Money Services Business     RPy    
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
 
MSBsurvey
           
           
ANTI MONEY LAUNDERING AND COMBATING THE FINANCING OF TERRORISM (AML/CFT)   SOG     NCA