The Mutual Funds Law requires mutual funds and mutual fund administrators to pay the prescribed application and renewal fees. The categories of fees that are payable are listed in the Table of Fees in the Mutual Funds (Fees) Regulations.
Annual fees are payable by 15 January each year.
Click here for the current Fee Schedule for investment entities and for all other CIMA-regulated entities.
Note: All fees quoted are in Cayman Islands Dollars (CI$). The conversion rate to be used for payment in United States Dollars (US$) is 0.82 (US$1.00 = CI$ 0.82).
Payment may be made by cheques and drafts drawn on local commercial banks, wire transfers, or International Money Orders (IMOs)/drafts.
Cheques should be made payable to the Cayman Islands Government and remitted to:
The Cayman Islands Monetary Authority
PO Box 10052
SIX, Cricket Square
Grand Cayman KY1-1001