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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
Mon, 09 October 2017

CIMA Launches New Website

Current Year's News Releases

(Grand Cayman – Monday, 9 October 2017) The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is proud to announce the launch of its newly revamped website which can be found at a new address: www.cima.ky

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Mon, 02 October 2017

New Deputy Head of Policy and Development Division Appointed

Current Year's News Releases

(Grand Cayman – 2 October 2017) The Cayman Islands Monetary Authority (“CIMA???) is pleased to fill another top position. On 1 September 2017, Mr. Rayford Britton was appointed as Deputy Head of Policy and Development Division.

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Mon, 02 October 2017

CIMA Celebrates World Investor Week

Current Year's News Releases

(Grand Cayman - Monday, 2 October 2017) The Cayman Islands Monetary Authority (“CIMA or “the Authority”) is proud to join regulators from over eighty countries to celebrate World Investor Week (“WIW”).

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Sat, 30 September 2017

Be Alert of Counterfeit Notes in Circulation

Current Year's News Releases

(Grand Cayman – Saturday, 30 September 2017) The Cayman Islands Monetary Authority (“CIMA" or “the Authority") has been made aware by the Financial Crimes Unit ("FCU") of the Royal Cayman Islands Police Service that they are in receipt of counterfeit KYD notes, which were collected during the ...

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Fri, 29 September 2017

Two Young Caymanians Promoted at CIMA

Current Year's News Releases

(Grand Cayman - Friday, 29 September 2017) The Cayman Islands Monetary Authority (“CIMA??? or “the Authority???) continues to highlight the achievements of its staff.

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Wed, 13 September 2017

CIMA’s Charity Event Raises Over CI$10,000

Current Year's News Releases

(Grand Cayman - Wednesday, 13 September 2017) Following the success of the Cayman Islands Monetary Authority’s (“the Authority???) inaugural 5K & 10K Charity Walk/Run recently held in May, the Authority raised a total of CI$10,969.77. The funds were donated to the literacy and numeracy programme...

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Tue, 22 August 2017

New Deputy Head of Banking Division Confirmed

Current Year's News Releases

(Grand Cayman - Tuesday, 22 August 2017) The Cayman Islands Monetary Authority is pleased to announce the appointment of Ms. Shakira Cox as Deputy Head of the Banking Supervision Division.

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Thu, 06 July 2017

Promotions for New Securities Division at CIMA

Current Year's News Releases

(Grand Cayman - Thursday, 6 July 2017) With the establishment of its new Securities Supervision Division, the Cayman Islands Monetary Authority (“CIMA" or “the Authority") is pleased to announce the appointment of Mr. Kareem Robinson as Deputy Head of the Division and Ms. Jessica Ebanks as Chief...

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Fri, 12 May 2017

CIMA Unveils 20th Anniversary Commemorative Coin

Current Year's News Releases

(Grand Cayman - Friday, 12 May 2017) The Cayman Islands Monetary Authority (CIMA) is especially proud to unveil its 20th Anniversary commemorative coin. The design was created by one of its Chief Analysts, Mr. Gordon Panton, following an in-house coin design competition.

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Fri, 07 April 2017

CIMA Launches Online Fee Payment Module

Current Year's News Releases

(Grand Cayman – Friday, 7 April 2017) The Cayman Islands Monetary Authority (CIMA) is pleased to announce the launch of its fee payment section of the Regulatory Enhanced Electronic Forms Submission (REEFS) system for authorised financial services industry users.

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Fri, 07 April 2017

CIMA Celebrates 20 Year Anniversary with Charity Walk/Run

Current Year's News Releases

(Grand Cayman - Thursday, 6 April 2017) The Cayman Islands Monetary Authority invites families of all ages to sign up for its 5K/10K Walk/Run charity event which will take place on Sunday, 21 May, 2017. The event is part of the Authority’s 20th Anniversary celebration which was recognised earlier ...

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Wed, 15 March 2017

Banking Statistical Digest Now Available

Current Year's News Releases

(Grand Cayman – Tuesday, 14 March 2017) The Cayman Islands Monetary Authority (CIMA) is pleased to present the 2015 Banking Sector Statistical Digest and Prudential Surveillance Report. This second volume of the Digest provides readers with valuable insight, through detailed analysis, of the distr...

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Fri, 24 February 2017

The Authority Celebrates Twenty Years of Service

Current Year's News Releases

(Grand Cayman – Friday, 24 February 2017) 1 January 2017 marked the 20th Anniversary for the Cayman Islands Monetary Authority (CIMA). In January 1997, the Authority began operations as an amalgamation of the Financial Services Supervision Department of the Cayman Islands Government and the Cayman...

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Mon, 20 February 2017

CIMA Confirms New Fast-Track Approval for Cat Bonds

Current Year's News Releases

(Grand Cayman – Monday, 20 February 2017) The Cayman Islands Monetary Authority (CIMA) has recently taken further steps to streamline applications for Catastrophe Bond Vehicles (Cat bonds) of Class ‘C’ insurers. This new regime will also make the registration timeframe more efficient, and ulti...

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Tue, 10 January 2017

Head of Banking Supervision Division Confirmed

Current Year's News Releases

(Grand Cayman – Tuesday, 10 January 2017) Following her role as Acting Head of Banking Supervision Division, Mrs. Gloria Glidden has now been confirmed as Head of the Banking Supervision Division as of 1 January 2017.

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Fri, 06 January 2017

CIMA Releases 2015 Investments Statistical Digest

Current Year's News Releases

(Grand Cayman - Thursday, 5 January, 2017) The Cayman Islands Monetary Authority (CIMA) is pleased to announce the release of its 9th edition of the Investments Statistical Digest. The document captures information that is required to be filed by all regulated funds via the Funds Annual Return (FAR)...

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Tue, 01 November 2016

Enhance Your Fraud Prevention Skills

Previous Year's News Releases

(Grand Cayman - Tuesday, 1 November 2016) The Cayman Islands Monetary Authority (CIMA) in collaboration with the Royal Cayman Islands Police Service’s (RCIPS) Financial Crimes Unit (FCU) and the Cayman Islands Chamber of Commerce will host the 2016 Know Your Money Fraud Prevention Seminar from 15-...

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Tue, 13 September 2016

New Acting Head of Banking Supervision Division Appointed

Previous Year's News Releases

(Grand Cayman – Tuesday, 13 September 2016) Mrs. Gloria Glidden has been appointed Acting Head of the Banking Supervision Division as of 1 October 2016 consequent to the resignation of outgoing Head, Mr. Charles Ilako. His last day will be on 28 September 2016. The Authority expresses thanks and a...

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Mon, 12 September 2016

CIMA Launches Public Education Campaign

Previous Year's News Releases

(Grand Cayman - Monday, 12 September 2016) The Cayman Islands Monetary Authority (CIMA) has launched a 12-week radio campaign, in an effort to raise public awareness on its role and functions.

The Authority plays a vital role in the Cayman Islands financial services industry. Therefore CIMA is taki...

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Wed, 31 August 2016

CIMA Provides Development Opportunities for Young Caymanians

Previous Year's News Releases

(Grand Cayman - Wednesday, 31 August 2016) Each year, the Cayman Islands Monetary Authority (CIMA) provides career-development opportunities to young Caymanians who are looking to gain valuable work experience. The Authority also awards scholarships to students who are seeking to further their educa...

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Thu, 04 August 2016

Beware of Counterfeit Notes in Circulation

Previous Year's News Releases

(Grand Cayman - Thursday, 4 August 2016) The Cayman Islands Monetary Authority (CIMA) has been made aware by the Financial Crimes Unit (FCU) of the Royal Cayman Islands Police Service that they are in receipt of counterfeit KYD notes, which were collected during the period 12-26 July.

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Mon, 01 August 2016

Head of Compliance Division Appointed

Previous Year's News Releases

(Grand Cayman - Monday, 1 August 2016) Mrs. Audrey Roe has been promoted to Head of the Compliance Division, effective 1 August 2016. She also assumes the role of Money Laundering Reporting Officer for the Authority.

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Mon, 18 July 2016

Head of Insurance Supervision Division Appointed

Previous Year's News Releases

(Grand Cayman - Monday, 18 July 2016) Following a competitive recruitment process, both internally and externally, Mr. Ruwan Jayasekera has been confirmed to the post of Head of the Insurance Supervision Division at the Cayman Islands Monetary Authority (CIMA) effective 14 July 2016.

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Thu, 30 June 2016

CIMA Signs MOU with Gibraltar Counterpart

Previous Year's News Releases

(Grand Cayman - Thursday, 30 June 2016) The Cayman Islands Monetary Authority (CIMA) has signed a Memorandum of Understanding (MOU) with the Gibraltar Financial Services Commission (GFSC).

The MOU provides for the consultation, cooperation and exchange of information regarding firms under the Alter...

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Tue, 14 June 2016

Cayman Islands Monetary Authority and Abu Dhabi Global Marke...

Previous Year's News Releases

GRAND CAYMAN (Tuesday, 14 June 2016): The Cayman Islands Monetary Authority (CIMA) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) signed a Memorandum of Understanding (MoU) putting in place a framework for mutual assistance and exchange of information to fo...

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Wed, 06 April 2016

Cayman Islands Monetary Authority Appoints Deputy Head of Fi...

Previous Year's News Releases

GRAND CAYMAN (Wednesday, 6 April 2016) Mr. Eric Wilson was recently appointed to the post of Deputy Head of the Fiduciary Services Division at the Cayman Islands Monetary Authority (CIMA) effective 1 April 2016.

With oversight from the Head of the division, he will manage the day-to-day operation...

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Thu, 19 November 2015

CIMA Launches Cayman Islands National Museum 25th Anniversar...

Archived News Releases

GRAND CAYMAN (Thursday, 19 November 2015) On Friday, 20 November, the Cayman Islands Monetary Authority (CIMA) will launch a commemorative coin to mark the 25th Anniversary of the Cayman Islands National Museum. The official launch will take place at the National Museum from 6:00-8:00 p.m., during a...

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Wed, 28 October 2015

US Secret Service Will Assist CIMA & RCIPS in Fraud Preventi...

Archived News Releases

GRAND CAYMAN (Wednesday, 28 October 2015) The Cayman Islands Monetary Authority (CIMA), in partnership with the Royal Cayman Islands Police Service’s Financial Crimes Unit (FCU) and the Cayman Islands Chamber of Commerce, will host a high level fraud detection and prevention seminar from 3 – 4 N...

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Wed, 01 July 2015

CIMA Appoints Two New Deputy Heads

Archived News Releases

GRAND CAYMAN (Wednesday, 1 July 2015) The Cayman Islands Monetary Authority (CIMA) is pleased to announce the appointment of two senior officials: Mr. Razaak ‘Raz’ Busari as Deputy Head of Insurance Supervision Division as of 22 June 2015, and Mr. Garth Ebanks as Deputy Head of Investments and S...

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Thu, 14 May 2015

CIMA Appoints Head of Banking Supervision Division

Archived News Releases

GRAND CAYMAN (Thursday, 14 May 2015) Mr. Charles Ilako has been appointed Head of the Banking Supervision Division at the Cayman Islands Monetary Authority (CIMA), effective 14 May 2015. He brings more than 25 years of experience and knowledge of financial services and industry regulation to the pos...

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Thu, 14 May 2015

CIMA’s Managing Director Re-appointed to International Boa...

Archived News Releases

GRAND CAYMAN (Thursday, 14 May 2015) Managing Director of Cayman Islands Monetary Authority, Mrs. Cindy Scotland, has been reappointed Deputy Chairman of the Group of International Financial Centre Supervisors (GIFCS). Mrs. Scotland has served in this capacity since 2011.

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Tue, 24 February 2015

Caledonian Joint Controllers Appointed Joint Official Liquid...

Archived News Releases

GRAND CAYMAN (Tuesday, 24 February 2015) Mr. Keiran Hutchison and Ms. Claire Loebell of Ernst & Young, Ltd., who were appointed by the Cayman Islands Monetary Authority (CIMA) as Joint Controllers for Caledonian Bank Ltd. and Caledonian Securities Ltd. on 10 February 2015, have been appointed as the...

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Thu, 12 February 2015

Court Upholds CIMA’s Appointment of Controllers for Caledo...

Archived News Releases

GRAND CAYMAN (Thursday, 12 February 2015) The Grand Court of the Cayman Islands has upheld the appointment by the Cayman Islands Monetary Authority (CIMA) of a Controller for Caledonian Bank Ltd. and Caledonian Securities Ltd.

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Mon, 09 February 2015

CIMA Statement on Caledonian Entities

Archived News Releases

GRAND CAYMAN (Monday, 9 February 2015) The Cayman Islands Monetary Authority (CIMA) is aware of an investigation and filing by the United States Securities Exchange Commission (SEC) regarding two entities headquartered in the Cayman Islands – Caledonian Bank Ltd. and Caledonian Securities Ltd. The...

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Wed, 14 January 2015

CIMA Appoints Deputy Head of Investments and Securities Divi...

Archived News Releases

GRAND CAYMAN (Wednesday, 14 January 2015) Ms. Juliette Maynard has been appointed Deputy Head of the Investments and Securities Division of the Cayman Islands Monetary Authority (CIMA). The appointment took effect from 1 January 2015.

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Mon, 22 December 2014

CIMA Issues Two Coins As Part Of The Royal Mint’s Commonwe...

Archived News Releases

GRAND CAYMAN (Monday, 22 December 2014) Just in time for the Christmas season, the Cayman Islands Monetary Authority (CIMA) has unveiled two coins as part of the Royal Mint’s Commonwealth 25 Coin Collection, celebrating the life of Her Majesty Queen Elizabeth II as she moved from a young Princess ...

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Mon, 22 December 2014

New Arrangements For Online Filing With CIMA From January 20...

Archived News Releases

GRAND CAYMAN (Monday, 22 December 2014) Entities regulated by the Cayman Islands Monetary Authority (CIMA) will soon have access to a new online, automated method for submissions of mandatory financial returns, change requests and new licence applications. While this will be phased in slowly, it is...

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Mon, 15 December 2014

CIMA MD Addresses Regional Financial Stability Conference in...

Archived News Releases

GRAND CAYMAN (Monday, 15 December 2014) Managing Director of the Cayman Islands Monetary Authority, Mrs. Cindy Scotland, recently gave an update on the vulnerabilities affecting the financial systems of the Cayman Islands and the rest of the Caribbean region at a conference in Panama City, Panama. S...

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Tue, 11 November 2014

CIMA Appoints Deputy Head of Policy and Development Division

Archived News Releases

GRAND CAYMAN (Tuesday, 11 November 2014) The Cayman Islands Monetary Authority (CIMA) has a new Deputy Head of Policy and Development in the person of Mrs. Judiann Myles. She was promoted from Chief Policy and Development Officer to the new position effective 1 November, 2014.

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Fri, 24 October 2014

CIMA to Circulate Re-designed D Series $100 Banknote

Archived News Releases

GRAND CAYMAN (Friday, 24 October 2014) The Cayman Islands Monetary Authority (CIMA) will put the re-designed Cayman Islands D Series $100 Banknote into circulation during the week of 27 October 2014. It is the final denomination of the new D series, which was introduced in 2011, to be put into circu...

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Fri, 26 September 2014

CIMA to co-Host Insurance Seminar with Fitch Ratings

Archived News Releases

GRAND CAYMAN (Friday, 26 September 2014) The Cayman Islands Monetary Authority (CIMA) will co-host a seminar with Fitch Ratings in the Cayman Islands next month. Fitch currently rates the securities of 92 different entities domiciled in the Cayman Islands, and considers it an important market.

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Sun, 14 September 2014

CIMA Appoints Deputy Head of Insurance Supervision Division

Archived News Releases

Grand Cayman – (Thursday, 04 September 2014) Mr. Ruwan Jayasekera was promoted to the position of Deputy Head of Insurance on 1 September 2014, having rejoined the Authority in January 2013 as a Chief Analyst.

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Mon, 08 September 2014

Revisions to Two Cayman Islands Financial Services Regulator...

Archived News Releases

GRAND CAYMAN (Monday, 8 September, 2014) Revisions to two regulatory policies approved by the Board of Directors of the Cayman Islands Monetary Authority (CIMA) come into effect today with the publication of the revised policies in the Gazette. These policies relate to the licensing and approving o...

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Tue, 26 August 2014

CIMA Employees Make Recycling Easy

Archived News Releases

Grand Cayman – (Tuesday, 26 August 2014) The Cayman Islands Monetary Authority (CIMA) is the first agency to receive collection bins for small batteries, as part of the newly-launched recycling programme by the Department of Environmental Health (DEH).

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Wed, 06 August 2014

New Director Appointed to the Board of the Cayman Islands Mo...

Archived News Releases

GRAND CAYMAN (Wednesday, 6 August 2014) Ms. Judith Watler attended her first meeting of the Board of Directors of the Cayman Islands Monetary Authority (CIMA) today, 6 August 2014. Ms. Watler's appointment as a Director of the Board by the Cabinet of the Cayman Islands Government took effect on 29 J...

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Fri, 01 August 2014

Cayman Islands Monetary Authority Appoints Deputy Managing D...

Archived News Releases

GRAND CAYMAN (Friday, 1 August 2014) Mrs. Anna McLean, a former banking supervisor with 23 years of financial services experience, has been appointed to the position of Deputy Managing Director - Supervision at the Cayman Islands Monetary Authority (CIMA).

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Thu, 17 July 2014

CIMA Awards Thomas Jefferson Memorial Scholarships to Two Yo...

Archived News Releases

GRAND CAYMAN (Thursday, 17 July 2014) The Cayman Islands Monetary Authority (CIMA) has awarded two scholarships this year, as part of its Thomas Jefferson Memorial Scholarship programme. The recipients are Keisha James and Janique Samson.

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Wed, 18 June 2014

Cayman Islands Monetary Authority Scholarship Recipient Take...

Archived News Releases

GRAND CAYMAN (Wednesday, 18 June 2014) Shanaz Whittaker, the 2010 recipient of the Thomas Jefferson Memorial Scholarship awarded by the Cayman Islands Monetary Authority (CIMA), began employment as an Analyst in the Investments and Securities Division on 9 June, after completing her studies at the U...

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Wed, 21 May 2014

Cayman Islands Monetary Authority Appoints Head of the Inves...

Archived News Releases

GRAND CAYMAN (Wednesday, 21 May 2014) Deputy Head of the Investments and Securities Division of the Cayman Islands Monetary Authority (CIMA), Ms. Heather Smith, has been appointed as Head of the Division, following the resignation of substantive Head, Mrs. Yolanda McCoy.

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Wed, 23 April 2014

Former Head of Insurance Rejoins CIMA in Acting Capacity

Archived News Releases

GRAND CAYMAN (Wednesday, 23 April 2014) Morag Nicol has returned to the Cayman Islands Monetary Authority (CIMA) to serve as acting Head of the Insurance Supervision Division. Her appointment is effective Thursday, 24 April 2014.

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