Extension of Penalties Application for Revised Fund Fees

Further to the Cayman Islands Monetary Authority’s (the “Authority”) notice dated 4 February 2026, the Authority advises that the application of penalties for the settlement of any outstanding balances relating to the revised annual fees for regulated mutual funds and private funds has been extended from 15 February 2026 to 15 March 2026.

The Authority acknowledges that industry stakeholders may require additional time to complete internal reconciliations, administrative processes, and payment arrangements associated with the revised fee framework. This extension is therefore granted to facilitate the orderly settlement of all applicable fee obligations.

Regulated mutual funds and private funds are reminded that all outstanding amounts should be remitted in full on or before 15 March 2026.

Any entity that fails to remit all applicable fees in full after the revised date will be regarded as non-compliant and will be subject to the assessment of penalties in accordance with the relevant legislation.

For entities seeking clarification, please email ContactInvestments@cima.ky.