CIMA Hosts Successful VASP Regulatory Forum

The Cayman Islands Monetary Authority (CIMA) hosted over 575 stakeholders from across the financial services industry at its Virtual Asset Service Providers (VASP) Regulatory Forum, held on Wednesday, 12 November 2025. The event brought together regulators, industry practitioners, and policy leaders for an in-depth discussion on the current state and future direction of the Cayman Islands’ digital asset regulatory landscape.

Opening the event, Mrs. Cindy Scotland, OBE, Chief Executive Officer of CIMA, emphasised the value of continued collaboration between regulators and industry in safeguarding Cayman’s reputation as a trusted and forward-looking financial centre.

“The digital asset sector is evolving at an unprecedented pace, and the Cayman Islands must remain both agile and principled,” said Mrs. Scotland. “Events like this forum reflect our firm commitment to transparency, collaboration, and responsible innovation. By engaging openly with stakeholders, we strengthen our regulatory framework and ensure that Cayman remains a jurisdiction where innovation can thrive within a well-supervised and resilient environment.”

Following Mrs. Scotland’s remarks, attendees heard from Hon. André Ebanks, Premier and Minister for Financial Services & Commerce, who highlighted the continued importance of a sound, modern, and well-supervised digital asset framework for the jurisdiction. He reaffirmed the Government’s support for ongoing enhancements that promote regulatory excellence and global competitiveness.

Throughout the morning, members of CIMA's leadership team shared updates and insights on key regulatory areas shaping the virtual asset sector, including:

• VASP application processing, providing clarity on timelines, requirements, and observed trends
• Supervisory and AML/CFT developments across the virtual asset and investment sectors 
• Industry trends, emerging risks, and evolving regulatory measures, explored through an engaging panel discussion
• FATF mutual evaluation readiness initiatives, including efforts underway

As we continue to strengthen the regulatory framework for virtual assets, CIMA reaffirms its dedication to cultivating an ecosystem where innovation can thrive, anchored by robust supervision, unwavering market integrity, and steadfast investor protection. This commitment ensures that the future of virtual assets is both progressive and secure.

To view the event summary highlights, click here: 2025 VASP Regulatory Forum Summary Highlights.