CIMA's effective and proportionate use of its powers to enforce the requirements of the regulatory laws and other relevant legislation plays an important role in the pursuit of its regulatory objectives. CIMA endeavours to exercise its enforcement powers in a manner that is transparent, proportionate and consistent with its publicly stated policies and guidelines. Click here for more details.
TERMINATION OF STRUCK OR DISSOLVED ENTITIES NEW
The Cayman Islands Monetary Authority (the “Authority”) wishes to advise that the following entities failed to satisfy the Aut...
Read More View PDFTermination of Struck or Dissolved Entities
The Cayman Islands Monetary Authority (the “Authority”) wishes to advise that the following entities failed to satisfy the Aut...
Read MoreStruck or Dissolved Entities
The Cayman Islands Monetary Authority (the “Authority”) wishes to advise that the following entities failed to satisfy the Aut...
Read MoreGlobal Fidelity Bank, Ltd. (In Official Liquidation) - Licence Revoked
The public is advised that the Cayman Islands Monetary Authority (the “Authority”) has revoked the Category ‘B’ Banking Li...
Read MorePremier Assurance Group SPC Ltd. – In Official Liquidation
The Cayman Islands Monetary Authority (“the Authority”) wishes to advise the public that on 19 April 2021, Premier Assurance G...
Read MoreStruck or Dissolved Entities
The Cayman Islands Monetary Authority (the “Authority”) wishes to advise that the following entities failed to satisfy the Aut...
Read MoreMotor & General Insurance Company Limited – Controllership ends and Licence Revoked
The Cayman Islands Monetary Authority (the “Authority”) has received the Final Report of the Controllers appointed to manage t...
Read MoreTermination of Struck or Dissolved Insurance Entities
The Cayman Islands Monetary Authority (“the Authority”) wishes to advise that the following Class B insurers failed to satisfy...
Read MorePremier Assurance Group SPC Ltd - Provisional Liquidation
The Cayman Islands Monetary Authority ("the Authority") wishes to advise the public that on the 27 October 2020, Premier Assurance...
Read MoreAppointment of Controllers - Premier Assurance Group SPC Ltd
The public is advised that effective 14 September 2020 the Cayman Islands Monetary Authority (“the Authority”) appointed Messr...
Read MoreTermination of Struck or Dissolved Investments Entities
The Cayman Islands Monetary Authority (“the Authority”) wishes to advise that the following mutual funds failed to satisfy the...
Read MoreProvisional Liquidation - ONETRADEX LTD
The Cayman Islands Monetary Authority ("the Authority") wishes to advise the public that on the 3rd September 2019 ONETRADEX LTD...
Read MoreTermination of Struck or Dissolved Insurance Entities
The Cayman Islands Monetary Authority (“the Authority”) wishes to advise that the following Class B Insurers failed to satisfy...
Read MoreStruck or Dissolved Entities
The Cayman Islands Monetary Authority (“the Authority”) wishes to advise that the following mutual funds failed to satisfy the...
Read MoreControllership - ONETRADEX LTD
The public is advised that effective 18 July 2019 the Cayman Islands Monetary Authority ("the Authority") appointed Mr. Kenneth Kr...
Read MoreBeechwood Re Official Liquidation
The Cayman Islands Monetary Authority (“the Authority”) wishes to advise the public that on 27 th November 2018,
Read MoreTermination of Struck or Dissolved Investment Entities
The Cayman Islands Monetary Authority (“the Authority”) wishes to advise that the following mutual funds failed to satisfy the...
Read MoreTermination of Struck or Dissolved Insurance Entities
The Cayman Islands Monetary Authority (“the Authority”) wishes to advise that the following Class B insurers and Insurance Bro...
Read MoreBeechwood Re in Controllership
Re: BEECHWOOD RE - In Controllership The public is advised that effective 25th July 2017 the Cayman Islands Monetary Authority ("t...
Read MoreTermination of Struck or Dissolved Entities
The Cayman Islands Monetary Authority ("the Authority") wishes to advise that the following Class B insurers failed to satisfy the...
Read MoreTermination of Struck or Dissolved Entities
The Cayman Islands Monetary Authority ("the Authority") wishes to advise that the following mutual funds failed to satisfy the Aut...
Read MoreDirector Jianxin Ju Warned for Failure to Provide Prescribed Information & Pay Annual Fee
Pursuant to the Directors Registration and Licensing
Act, 2014 (as amended) (the "Act").
Director Ling Zhang Warned for Failure to Provide Prescribed Information & Pay Annual Fee
Pursuant to the Directors Registration and Licensing
Act, 2014 (as amended) (the "Act").
Jolly Capital Limited in Potential Breach of SIB Act
The Authority has reasonable grounds to believe that the Registrant is in breach of the Securities Investment Business Act (2020 R...
View PDFL.A. Capital Management, Ltd.
The Fund remains in breach of the Mutual Funds Law (2019 Revision) ("the Law") as follows: Section 8 (1) and 8 (2) for ...
View PDFAphelion Offshore Fund, Ltd
The Fund remains in breach of the Mutual Funds Law (2019 Revision) ("the Law") as follows: Sections 8(1) and 8 (2) of t...
View PDFFGI Radius Fund
We refer to our letters of 11 January 2016, 22 February 2016, and 23 March 2018 in which the Cayman Islands Monetary Authority ("t...
View PDFAPAM Protected Asset Management Unit Trust
The Fund remains in breach of the Mutual Funds Law (2015 Revision) ("the Law") as follows: Sections 8 (1) and 8 (2) for...
View PDFMaxam Absolute Return Fund Limited
The Fund remains in breach of the Mutual Funds Law (2015 Revision) ("the Law") as follows: Sections 8(1) and 8 (2) of the Law for...
Madbury Lane Advisors Fund
The Funds remains in breach of the Mutual Funds Law (2015 Revision) ("the Law") as follows: Sections 8 (1) and (2) for...
View PDFGreenhouse Offshore Fund
The Fund remains in breach of the Mutual Funds Law (2015 Revision) ("the Law") as follows: Sections 8 (1) and 8 (2) of ...
View PDFGlobal Securities Capital Fund
The Fund remains in breach of the Mutual Funds Law (2015 Revision) ("the Law") as follows: Sections 8 (1) and 8 (2) of the Law for...
View PDFTitan Volatility Fund Offshore Ltd. and Titan Volatility Fund L.P.
The Funds remain in breach of Mutual Funds Law (2015 Revision) ("the Law") as follows: Sections 8 (1) and 8 (2) of the Law for fai...
View PDFTitan Asia Volatility Fund Ltd. and Titan Asia Volatility Fund L.P.
The Funds remain in breach of the Mutual Funds Law (2015 Revision) ("the Law") as follows: Sections 8(1) and 8 (2) of t...
View PDFTitan Global Return Fund Offshore Ltd. and Titan Global Return Fund L.P.
The Authority also gives notice that the lack of communication may be considered in assessing your fitness and propriety...
View PDFA2 Fund
We refer to our letters of 4 November 2015, 24 November 2015, and 8 December 2015 in which the Cayman Islands Monetary Authority (...
View PDFAzure Energy Fund, Inc.
The Fund Is in breach of Sections 8(1), 8(2) and 9 of the Mutual Funds Law (2015 Revision) ("the Law") for failing to prepare and ...
View PDFDirector Registration Cancelled for Dzintars Derkacs
The Authority, pursuant to section 25(2)(a) of the Act, has cancelled the director registration held by Mr. Dzintars Derkacs.
View PDFSecurities Registration Cancelled for Valor Capital
The Authority, pursuant to section 17(2A)(a) of the Act, has cancelled the registration held by the Registrant as a Securities-Reg...
View PDFDirector Registration Cancelled for Ling Zhang
The Authority, pursuant to section 25(2)(a) of the Act, has cancelled the director registration held by Mr. Ling Zhang.
View PDFDirector Registration Cancelled for Jianxin Yu
The Authority, pursuant to section 25(2)(a) of the Act, has cancelled the director registration held by Ms. Jianxin Yu.
View PDFSecurities Registration Cancelled for Jolly Capital Limited
The Authority, pursuant to section 17(2A)(a) of the Act, has cancelled the registration held by the Registrant as a Securities-Reg...
View PDFSecurities Registration Cancelled for VIA Asset Management
The Authority, pursuant to section 17(2A)(a) of the Act, has cancelled the registration held by the Registrant as a Securities-Reg...
View PDFBanking Licence Revoked for Trade and Commerce Bank
The Authority has revoked the Licensee's Category "B" Banking Licence pursuant to section 18(5)(b) of the Act due to the Licensee ...
View PDFDirector Registration Cancelled for Gordon Kenneth Ferguson
The Authority, pursuant to section 25(2)(a) of the Act, has cancelled the director registration held by Mr. Gordon Kenneth Ferguso...
View PDFDirector Registration Cancelled for Trevor Dean Federkiewicz
The Authority, pursuant to section 25(2)(a) of the Act, has cancelled the director registration held by Mr. Trevor Dean Federkiewi...
View PDFRegistration Cancelled for 12 Peers Capital Markets, Ltd
The Authority, pursuant to section 17(2A)(a) of the Act, has cancelled the registration held by the Registrant as a Securities Reg...
View PDFVQR Multistrategy Fund LP. and VQR Multistrategy Cayman Feeder Fund Ltd.
The Authority has cancelled the Funds’ mutual fund registrations pursuant to section 30(3)(a) of
the Act.
Virgil Sigma Fund, LP
The Authority has cancelled the Fund’s mutual fund registration pursuant to section 30(3)(a) of the
Act.
Stefan He Qin
The Authority has cancelled the director registration held by Mr. Stefan He Qin (“Mr. Qin”) pursuant
to section 25(2)(a) of th...
Obelisk Global Fund SPC
The Cayman Islands Nlonetary Authority (the “Authority”) writes to you in your capacity as Directors and Controller of the Fun...
View PDFAdvanced Fund Administration (Cayman) Limited
The Cayman Islands Monetary Authority (the “Authority) writes to you in your capacity as the Director of the Company.
View PDFThe RDI Company Ltd
The Cayman Islands Monetary Authority (“the Authority”) writes to you in your capacity as the Directors of the Company.
View PDFMr. Kelly Simon Tonkin
The Cayman Islands Monetary Authority (“the Authority”) of SIX, Cricket Square, P.O. Box 10052, Grand Cayman KY1-1001, CAYMAN ...
View PDFAlpha Re Limited
The Cayman Islands Monetary Authority (the "Authority") writes to the Company and you in your capacity as the Official Liquidator ...
View PDFPort Royal Reassurance Company SPC, Limited
The Cayman Islands Monetary Authority (the “Authority”) writes to you in your capacity as the director of Port Royal Reassuran...
View PDFCTS Captive Management (Cayman) Ltd.
The Cayman Islands Monetary Authority ("the Authority") writes to you in your capacity as Directors of the Company.
View PDFPlatinum Partners
Platinum Partners Credit Opportunities Fund International (A), Ltd. (Reg. #16069); Platinum Partners Credit Opportunities Fund Int...
View PDFFocus Administration Limited
We write to you in your capacity as directors of the Company. We refer to the Cayman Islands Monetary Authority's ("the Authority"...
View PDFAlesia Re, SPC
The Cayman Islands monetary Authority (“the Authority”) writes to you in your capacity as Directors of the Company.
View PDFIntrepid Re, SPC
The Cayman Islands Monetary Authority (“the Authority”) writes to you in your capacity as directors of the Company.
View PDFAtlas Re, SPC
The Cayman Islands Monetary Authority (“the Authority”) writes to you in your capacity as Directors of the Company.
View PDFHinduja Bank & Trust (Cayman) Ltd.
The Cayman Islands Monetary Authority (“the Authority”) writes to you in your capacity as sole Director of the Bank. We refer ...
View PDFBridge Global Absolute Return Fund SPC
The Cayman Islands Monetary Authority (“the Authority”) writes to you in your capacity as Directors of the Fund.
View PDFBalkan Investment Opportunity Fund
The Cayman Islands Monetary Authority ("the Authority") writes to you in your capacity as Directors of the Fund. We refer to the W...
View PDFKTH Capital Management Limited
The Cayman Islands Monetary Authority ("the Authority") writes to you in your capacity as Directors of the Company. We refer to th...
View PDFKTH Capital Limited
The Cayman Islands Monetary Authority ("the Authority") writes to you in your capacity as Directors of the Fund.We refer to the Wa...
View PDFAgavero Insurance Limited
The Cayman Islands Monetary Authority ("the Authority") writes to you in your capacity as directors of the Company.
View PDFJohn David Geraci (Cancellation)
We refer to our Decision Notice dated 18 October 2018, notifying you that the Cayman Islands Monetary Authority ("the Authority") ...
View PDFMark Graham (Cancellation)
Pursuant to section 25(2)(a) of the Directors Registration and Licensing Law, 2014 (as amended) (“the DRLL”), the Cayman Islan...
View PDFRoland Kaehler (Cancellation)
We refer to our Decision Notice dated 14 June 2019, notifying you that the Cayman Islands Monetary Authority (“the Authority”)...
View PDFL.A. Capital Management, Ltd.
We write to you in your capacity as Director of the Fund. We refer to the Warning Notice posted on our Website dated 10 May 2019...
View PDFCancellation of Oliver -Barret Lindsay
Pursuant to section 25(2)(a) of the DRLL, the Cayman Islands Monetary Authority has cancelled the director registration held by Mr...
View PDFSuspension of Roland Frederick Kaehler
Pursuant to section 25(2)(a) of the Directors Registration and Licensing Law, 2014 (as amended) (“the DRLL”), the Cayman Islan...
View PDFAphelion Offshore Fund Ltd.
We write to you in your capacity as Director of the Fund. We refer to the Warning Notice posted on our Website dated 14 March 201...
View PDFManagementPlus (Cayman) Limited
We refer to the matter at caption and to the Authority's previous correspondence with you regarding the numerous on-going and unre...
View PDFMaxam Absolute Return Fund Limited
We write to you in your capacity as Director of the Fund. We refer to the Warning Notice posted on our Website dated 31 January 20...
View PDFAPAM Protected Asset Management Unit Trust
The Authority is satisfied that the Fund has ceased to carry on, or attempt to carry on, business as a mutual fund. Despite rep...
View PDFFirst Financial Insurance Brokers
The Authority is, pursuant to sections 24 (1) (a), (d) and (f) of the Law, is of the opinion that (1) the Company is or appears li...
View PDFKeydata International Fund SPC
As you are aware on 5 December 2012 the Cayman Islands Monetary Authority ("the Authority), pursuant to section 30 (3) (e) of the ...
View PDFUpper Canada Securities Ltd.
The Authority is, pursuant to sections 31 (1) (a) and (d) of the Law, satisfied that (i) the mutual fund administrator is or is li...
View PDFOak Palm Fund Ltd.
The Authority is, pursuant to sections 30(1)(a) and (d) of the Law, satisfied that (i) the Fund is or is likely to become unable t...
View PDFChina Commonwealthy Fund
The Authority is, pursuant to sections 30 (1) (a) and (d) of the Law, satisfied that (i) the Fund is or is likely to become unabl...
View PDFCancellation of Redwood Fund III, Ltd.
We write to you in your capacity as Directors of the Fund. We refer to the Warning Notice dated 5 September 2018.
View PDFSuspension of John David Geraci
Pursuant to section 25(2)(a) of the Directors Registration and Licensing Law, 2014 (as amended) (“the DRLL”), the Cayman Islan...
View PDFSuspension of Oliver-Barret Lindsay
Pursuant to section 25(2)(a) of the Directors Registration and Licensing Law, 2014 (as amended) (“the DRLL”), the Cayman Islan...
View PDFCancellation of Ryan Kenneth Schroeder
The Cayman Islands Monetary Authority of 80 Shedden Road, Elizabethan Square, PO Box 10052, Grand Cayman KY1-1001, Cayman Islands,
View PDFSeed Special Opportunities Fund
We write to you in your capacity as Directors of the Fund. We refer to the Warning Notice dated 9 November 2018.
View PDFMadbury Lane Advisors Fund
The Authority is satisfied that the Funds have ceased to carry on, or attempt to carry on, business as a mutual fund. ...
View PDFGreenhouse Offshore Fund
The Authority is, pursuant to sections 30 (1) (a) and (d) of the Law, satisfied that (i) the Fund is or is likely to become unable...
View PDFInfinium Global Fund
As you are aware on 10 September 2014 the Cayman Islands Monetary Authority, pursuant to section 30 (3) (e) of the Mutual Funds La...
View PDFGlobal Securities Capital Fund
The Authority has cancelled the Fund's mutual fund registration pursuant to Section 30 (3) (a) of the Law.
View PDFQuanto Strategic Currency Fund Ltd.
As you are aware on 19 September 2014 the Cayman Islands Monetary Authority, pursuant to section 30 (3) (e) of the Mutual Funds La...
View PDFTitan Asia Volatility Fund Ltd. and Titan Asia Volatility Fund L.P.
The Authority is, pursuant to sections 30 (1) (a) and (d) of the Law, satisfied that (i) the Funds are; or are likely to become u...
View PDFTitan Global Return Fund Offshore Ltd. and Titan Global Return Fund L.P.
The Cayman Islands Monetary Authority of 80 Shedden Road, Elizabethan Square, PO Box 10052, Grand Cayman KY1-1001, Cayman Islands
View PDFTitan Volatility Fund Offshore Ltd. and Titan Volatility Fund L.P.
The Authority has cancelled the Funds' mutual fund registrations pursuant to Section 30 (16) of the Law.
View PDFKingsend Capital Partners, Ltd
The Fund remains in breach of Sections 8(1), 8(2) and 9 of the Mutual Funds Law (2015 Revision) ("the Law") for failing to prepare...
View PDFRadmak International Incorporated Ltd
The Company remains in breach of Sections 7 (1) and (2) and 12 (1) of the Insurance Law, 2010 ("the Law") for failing to pay its a...
View PDFThe Cubex Investment Fund, Ltd.
As you are aware on 6 March 2013 the Cayman Islands Monetary Authority, pursuant to section 30 (3) (e) of the Mutual Funds Law (20...
View PDFAAA Venture Fund SPC Limited
The Authority is, pursuant to sections 30 (1) (a),(b),(d) and (e) of the Law, satisfied that (i) the Fund is unable to meet its ob...
View PDFEuropean Underwriters Insurance Company SPC Ltd.
the Company is or appears likely to become unable to meet its obligations as they fall due; (ii) the Company has contravened the L...
View PDFCancellation of Robert Neil Aspinall
Pursuant to Section 25(2)(a) of the Directors Registration and Licensing Law, 2014 (as amended) (“the DRLL”), the Cayman Islan...
View PDFA2 Fund
The Fund remains in breach of Sections 8(1), 8(2) and 9 of the Mutual Funds Law (2015 Revision) (“the Law”) for failing to pre...
View PDFRyan Kim Ashley Bateman
The Authority is, pursuant to sections 25(1)(a), (d) and (e) of the DRLL, of the opinion that you, Ryan Kim Ashley Bateman- (1) ar...
View PDFCanover Norbert Watson
The Cayman Islands Monetary Authority of 80 Shedden Road, Elizabethan Square, PO Box 10052, Grand Cayman KY1-1001, Cayman Islands
View PDFRobert Neil Aspinall
Pursuant to Section 25(2)(a) of the Directors Registration and Licensing Law, 2014 (as amended) (“the DRLL”), the Cayman Islan...
View PDFAzure Energy Fund, Inc.
The Cayman Islands Monetary Authority ("the Authority") of 80e Shedden Road, Elizabethan Square, PO Box 10052, Grand Cayman KY...
View PDFCIMA Withdraws Fines Against Sterling Asset Management International
By a previous Notice dated 6 May 2022, the Cayman Islands Monetary Authority (the "Authority") imposed discretionary fines totalli...
Read MoreCayman Islands Monetary Authority Fines Artex Risk Solutions (Cayman) Limited CI$95,409.11
The Cayman Islands Monetary Authority (the “Authority”) has imposed discretionary administrative fines totalling CI$95,409.1...
Read MoreCayman Islands Monetary Authority Fines Kevin David Poole CI$14,700.00
The Cayman Islands Monetary Authority (the “Authority”) has imposed a discretionary administrative fine of CI$14,700.0...
Read MoreCayman Islands Monetary Authority Fines Global Core Insurance SPC CI$78,150.00
The Cayman Islands Monetary Authority (the “Authority”) has imposed discretionary administrative fines totaling CI$78,150...
Read MoreCayman Islands Monetary Authority Fines ICC Intercertus Capital (Cayman) Ltd CI$116,680
The Cayman Islands Monetary Authority (the "Authority") has imposed discretionary administrative fines totalling CI$116,680.00 on ...
Read MoreCayman Islands Monetary Authority Fines Providers Re SPC CI$16,950
The Cayman Islands Monetary Authority (“the Authority”) has imposed a discretionary fine of CI$16,950.00 on Providers Re SPC ...
Read MoreCayman Islands Monetary Authority Fines Lion Brokers Limited CI$261,990.72
The Cayman Islands Monetary Authority (the “Authority”) has imposed discretionary administrative fines totalling CI$261,990.72...
Read MoreCayman Islands Monetary Authority Fines Seven Mile Securities CI$250,000
The Cayman Islands Monetary Authority (the “Authority”) has imposed discretionary administrative fines totalling CI$250,000 on...
Read MoreCayman Islands Monetary Authority Fines Intertrust Corporate Services (Cayman) Limited CI$4,232,607
The Cayman Islands Monetary Authority (the "Authority") has imposed discretionary administrative fines totalling CI$4,232,607.50 o...
Read MoreCayman Islands Monetary Authority Imposes Administrative Fine of CI$72,800 on Star Insurance
The Cayman Islands Monetary Authority (the “Authority”) has imposed discretionary administrative fines totalling CI$72,800.00 ...
Read MoreCayman Islands Monetary Authority Fines Western International Trust Company Limited CI$482,717.50
The Cayman Islands Monetary Authority ("the Authority") has imposed a discretionary fine totalling CI$482,717.50 on Western Intern...
Read MoreCayman Islands Monetary Authority Fines Cainvest Bank and Trust Limited CI$100,000
The Cayman Islands Monetary Authority (“the Authority”) has imposed a discretionary fine totalling CI$100,000.00 on Cainvest B...
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