Extension of Penalties Application for Revised Fund Fees

Further to its notice dated 4 February 2026, and in response to industry feedback, the Cayman Islands Monetary Authority (the “Authority”) has granted a further extension until 15 March 2026 exclusively for the settlement of outstanding incremental annual fee increases applicable to regulated mutual funds and private funds.

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. However, entities are reminded that the statutory deadline for remittance of the pre-revised annual fee was 15 January 2026 and remains subject to penalties from that date. This extension is intended to facilitate the orderly settlement of outstanding fee obligations arising exclusively from the incremental increases.

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