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Cayman Islands
SIX, Cricket Square
PO Box 10052
Grand Cayman KY1-1001
Cayman Islands
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+1 (345) 949-7089

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Monday - Friday, 8:30 a.m - 5:00 p.m
Wed, 16 November 2022

CIMA Launches Online Investor Education Campaign

Current Year's News Releases

The Cayman Islands Monetary Authority (“CIMA”) has announced the launch of its online campaign titled “I Learned the Hard Way” which seeks to raise awareness about the importance of financial education as well as understanding the risks associated with investment opportunities.

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Mon, 03 October 2022

CIMA Celebrates World Investor Week to Promote Financial Res...

Current Year's News Releases

The Cayman Islands Monetary Authority (“CIMA”) once again joins regulators from over 100 jurisdictions to celebrate World Investor Week (“WIW”) 2022.

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Fri, 09 September 2022

Statement on the Passing of Queen Elizabeth II

Current Year's News Releases

Grand Cayman, Cayman Islands (9 September 2022) The Cayman Islands Monetary Authority ("CIMA" or "the Authority") is deeply saddened by the passing of Her Majesty Queen Elizabeth II and wish to extend our deepest condolences to the Royal Family.

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Mon, 05 September 2022

New Deputy Head of the Anti-Money Laundering Division Appoin...

Current Year's News Releases

Ms. Jennifer Smith was promoted to Deputy Head of the Anti-Money Laundering Division of the Cayman Islands Monetary Authority (“CIMA”) effective 7 July 2022, having served as the division’s Chief Analyst since October 2019.

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Tue, 09 August 2022

CIMA Launches 25th Anniversary Commemorative Coin

Current Year's News Releases

The Cayman Islands Monetary Authority is delighted to launch a new commemorative coin in celebration of its 25th anniversary.

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Tue, 09 August 2022

CIMA Unveils Commemorative Coin for Queen’s Platinum Jubil...

Current Year's News Releases

In collaboration with the Scottsdale Mint, the Cayman Islands Monetary Authority (“CIMA”) is pleased to announce the unveiling of our commemorative coin in celebration of the Queen’s Platinum Jubilee.

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Tue, 21 June 2022

Three New Promotions At CIMA

Current Year's News Releases

The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is delighted to announce the recent promotions of Mrs. Stephanie Azan, Mr. Paul Onsakia, and Mrs. Stephanie Adolphus.

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Tue, 21 June 2022

CIMA Celebrates World Sea Turtle Day

Current Year's News Releases

In honour of World Sea Turtle Day, and as part of its 25th Anniversary celebrations, the Cayman Islands Monetary Authority (“CIMA”) proudly sponsored the release of a green sea turtle named “Schooner”.

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Thu, 09 June 2022

More Top Promotions at CIMA

Current Year's News Releases

The Cayman Islands Monetary Authority (“CIMA”) is pleased to announce the recent promotions of Mrs. Angelina Partridge, Ms. Helen Spiegel, and Ms. Tina Harris.

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Wed, 13 April 2022

CIMA Appoints New Deputy Head of the Anti-Money Laundering D...

Current Year's News Releases

Mrs. Megan Powell was promoted to Deputy Head of the Anti-Money Laundering Division on 1 April 2022, having served as the division’s Chief Analyst since November 2019.

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Tue, 12 April 2022

New Deputy Head of Investments Supervision Division Appointe...

Current Year's News Releases

The Cayman Islands Monetary Authority (“CIMA”) is pleased to announce the promotion of Mrs. Gaone Dube from Chief Analyst to Deputy Head Investments Supervision Division, effective 1 January 2022.

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Fri, 11 March 2022

CIMA’s Charity Walk/Run Raises Over $24,000

Current Year's News Releases

The Cayman Islands Monetary Authority’s (“CIMA” or “the Authority”) 2021 annual 5K Charity Walk/Run proved to be another success, with the event raising $24,390.

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Mon, 28 February 2022

CIMA Celebrates 25 Years

Current Year's News Releases

This year marks the 25th anniversary of the Cayman Islands Monetary Authority (“CIMA”). On 1 January 1997, CIMA was established under the Monetary Authority Act to enhance Cayman’s ability to maintain a well-regulated financial services regime and currency reserve management system.

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Thu, 16 September 2021

CIMA Activates Protocols for Confirmed COVID-19 Case

Previous Year's News Releases

The Cayman Islands Monetary Authority (“CIMA”) has activated its response protocols, following a confirmed COVID-19 case for one if its employees.

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Tue, 31 August 2021

CIMA Hosts First Legal Studies 101 Seminar for Local Student...

Previous Year's News Releases

The Cayman Islands Monetary Authority (“CIMA”) held its first Legal Studies 101 Networking Seminar on 9 August 2021 at the Westin Resort Governor’s Ballroom. Over 30 participants learned about common introductory topics in legal studies, practical examples of how they are applied in today’s ...

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Wed, 28 July 2021

New Deputy Head of the Fiduciary Services Division Appointed

Previous Year's News Releases

The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is pleased to announce the appointment of Mrs. Reisan Moiten as Deputy Head of the Fiduciary Services Division, effective 1 July 2021.

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Thu, 01 July 2021

Binance Not Authorised by CIMA to Operate Crypto-Currency Ex...

Previous Year's News Releases

The Cayman Islands Monetary Authority (the “Authority”) wishes to inform the public that Binance, the Binance Group and Binance Holdings Limited are not registered, licensed, regulated or otherwise authorised by the Authority to operate a crypto-currency exchange from or within the Cayman Island...

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Tue, 15 June 2021

New Chief Risk Officer and Deputy Head Appointed

Previous Year's News Releases

Grand Cayman, Cayman Islands (15 June 2021) The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is pleased to announce the appointment of Ms. Janique Samson as Chief Risk Officer in the Managing Director’s Office and Mr. Niall McAuliffe as Deputy Head of the Onsite Inspection...

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Tue, 01 June 2021

CIMA Launches Online Children’s Art Competition

Previous Year's News Releases

Following a successful in-house competition, the Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is proud to announce the launch of its first-ever island-wide children art competition themed “A Reflection: Lessons from COVID”.

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Fri, 14 May 2021

CIMA Defends Decision to Impose AML Obligations on Maples Gr...

Previous Year's News Releases

The Cayman Islands Monetary Authority (the “Authority”) has noted with disappointment and extreme concern the fact that the Maples Group has thought it fit to issue the recent press release regarding their judicial review of the Authority’s interpretation and application of certain provisions ...

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Wed, 28 April 2021

Top Promotions at CIMA

Previous Year's News Releases

The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is pleased to announce the recent senior management promotions of Ms. Suzanne Sadlier, Mrs. Angelina Partridge, Mr. Yoshneck Mutomba, Mrs. Prabha Namburi, and Ms. Kara Ebanks, effective 1 March 2021.

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Fri, 26 March 2021

Beware of Forged Notes in Circulation

Previous Year's News Releases

The Cayman Islands Monetary Authority (CIMA) has been made aware by the Financial Crime Investigation Unit (FCIU) of the Royal Cayman Islands Police Service that they are in receipt of forged KYD notes, which were collected during the period 19-25 March.

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Fri, 19 March 2021

New Head of Securities Supervision Division Appointed

Previous Year's News Releases

With more than 20 years of experience in financial regulation and multi-jurisdictional regulatory compliance, Mr. Heeraman Jowaheer joined the Cayman Islands Monetary Authority (“CIMA” or “the Authority”) on 7 December 2020 as Head of the Securities Supervision Division.

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Tue, 08 December 2020

CIMA Celebrates World Children’s Day With In-House Art Com...

Archived News Releases

On the occasion of World Children’s Day (20 November), the Cayman Islands Monetary Authority (“CIMA”) launched its first-ever in-house Children’s Day Art Competition on 20 October 2020 under the theme ‘Life in the Cayman Islands’.

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Fri, 20 November 2020

CIMA Celebrates World Investor Week to Promote Financial Res...

Archived News Releases

(Grand Cayman – Friday, 20 November 2020) The Cayman Islands Monetary Authority (“CIMA”) proudly joins regulators from over 100 jurisdictions to celebrate World Investor Week (“WIW”) 2020. Led by the International Organization of Securities Commissions (“IOSCO”), the campaign seeks to ...

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Thu, 12 November 2020

CI$100,000 Administrative Fine Imposed on Cainvest Bank and ...

Archived News Releases

Grand Cayman, Cayman Islands (Thursday, 12 November) The Cayman Islands Monetary Authority (“the Authority”) recently imposed a discretionary administrative fine of CI$100,000.00 on Cainvest Bank and Trust Limited (“the company”) pursuant to sections 42A and 42B of the Monetary Authority Law...

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Fri, 18 September 2020

CIMA Launches REEFS Help Mailbox

Archived News Releases

Grand Cayman, Cayman Islands (Friday, 18 September 2020) The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) has launched a new mailbox system to allow industry users to better communicate issues relating to its online filing portal known as Regulatory Enhanced Electronic Forms...

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Fri, 18 September 2020

New Deputy Heads of Policy & Development Division Appointed

Archived News Releases

Ms. Alisa Glace and Mr. Aaron Unterman were recently appointed as Deputy Heads of the Policy & Development Division at the Cayman Islands Monetary Authority (“CIMA” or “the Authority”).

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Tue, 01 September 2020

Top Ratings for TCSP Regulation in the Cayman Islands

Archived News Releases

Grand Cayman, Cayman Islands (Tuesday, 1 September) The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) was recently evaluated by The Group of International Finance Centre Supervisors (“GIFCS”) against the Standard on the Regulation of Trust and Company Service Providers (...

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Tue, 18 August 2020

Private Funds Transitional Registration Period Closed

Archived News Releases

Grand Cayman, Cayman Islands (Tuesday, 18 August) Following the passage of the registration deadline (7 August 2020) for private funds, the Cayman Islands Monetary Authority (“CIMA” or “the Authority”) wishes to advise that the transitional period for such funds has closed.

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Mon, 10 August 2020

Use of CI Currency in Merchandise & Promotional Material Req...

Archived News Releases

The public is reminded that using the image of any Cayman Islands currency (“CI currency”), without the written consent of the Cayman Islands Monetary Authority (“CIMA” or “the Authority”), on merchandise, advertisements or any form of promotional publication is strictly prohibited.

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Fri, 10 July 2020

Deputy Head of Internal Audit Unit Appointed

Archived News Releases

The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is pleased to announce the appointment of Mr. Kioko Muasya as Deputy Head of Internal Audit, effective 15 June 2020.

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Tue, 30 June 2020

New Top Promotions Confirmed at CIMA

Archived News Releases

Grand Cayman, Cayman Islands (Tuesday, 30 June 2020) The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is delighted to announce the recent top promotions of Ms. Dominique Lloyd, Mr. George Kamau and Mr. David Bennett.

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Mon, 29 June 2020

CIMA Appoints Head of New Anti-Money Laundering Division

Archived News Releases

Grand Cayman, Cayman Islands (Monday, 6 June 2020) Sarah Wheeler was appointed as Head of CIMA’s (“the Authority”) newly established Anti-Money Laundering Division (“AML Division”).

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Wed, 17 June 2020

Insurance Preparedness for Hurricane Season

Archived News Releases

Grand Cayman, Cayman Islands (Wednesday, 17 June 2020) In light of hurricane season, the Cayman Islands Monetary Authority (“CIMA”) advises property owners in the Cayman Islands to be adequately insured against damage caused by natural disasters.

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Wed, 20 November 2019

CIMA Hosts Plenary Meeting for Global Financial Supervisors

Archived News Releases

Grand Cayman (20 November 2019) The Cayman Islands Monetary Authority (“the Authority” or “CIMA”) recently hosted the plenary meeting for the Group of International Finance Centre Supervisors (GIFCS) from 5 - 6 November at the Grand Cayman Marriott Beach Resort. The group holds two plenary m...

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Tue, 19 November 2019

CIMA’s Charity Walk/Run Raises Over CI$22K for Primary Sch...

Archived News Releases

Grand Cayman (19 November 2019) The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is pleased to announce that its third annual 5K & 10K Charity Walk/Run raised a total of CI$22,896 which surpasses the previous year’s proceeds.

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Wed, 06 November 2019

CIMA Appoints New Head of Policy & Development

Archived News Releases

Grand Cayman (Wednesday, 6 November 2019) The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is pleased to announce that Mr. Rayford Britton has been appointed as Head of the Policy & Development Division.

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Wed, 18 September 2019

CIMA Hosts AML Outreach Session for Banks & Trust and Corpor...

Archived News Releases

Grand Cayman, Cayman Islands (18 September 2019) The Cayman Islands Monetary Authority (“the Authority”) hosted an anti-money laundering ("AML") outreach session for bank licensees and representatives of regulated trust and corporate service providers ("TCSPs") at the Westin Grand Cayman Governo...

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Tue, 17 September 2019

CIMA Hosted FATF TREIN Training Course

Archived News Releases

Grand Cayman, Cayman Islands (17 September 2019) The Cayman Islands Monetary Authority (“CIMA” or “The Authority”) was the proud host of the Financial Action Task Force Training and Research Institute (“FATF TREIN”) Standards Training Course held from 2 – 6 September at the Grand Cayma...

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Wed, 14 August 2019

CIMA Proudly Hosted Its First Financial Services Student Mix...

Archived News Releases

Grand Cayman (14 August 2019) On Friday, 2 August 2019, the Cayman Islands Monetary Authority (“CIMA” or “the Authority”) hosted its first Financial Services 101 Student Mixer at the Grand Cayman Marriott Beach Resort.

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Mon, 03 June 2019

CIMA Appoints New Deputy Head of Investments Supervision Div...

Archived News Releases

Grand Cayman (Monday, 3 June 2019) Mr. Andrew Graham was promoted to Deputy Head of the Investments Supervision Division on 15 May 2019, having served as the division’s Chief Analyst since July 2015.

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Mon, 29 April 2019

Young Caymanian Promoted to Legal Counsel

Archived News Releases

Grand Cayman (23 April 2019) The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is pleased to announce the recent promotion of Mrs. Stephanie Adolphus to Legal Counsel as of 1 April 2019, following a seven-month stint as Junior Legal Counsel.

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Wed, 20 March 2019

New Deputy Head of Compliance Appointed

Archived News Releases

Grand Cayman (Wednesday, 20 March 2019) Ms. Jennifer Hydes was promoted to Deputy Head of Compliance Division at the Cayman Islands Monetary Authority (“CIMA” or “the Authority”) on 1 March 2019, having served as the division’s Chief Analyst since July 2014.

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Thu, 07 March 2019

CIMA Scholarship Applications Now Open

Archived News Releases

The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is pleased to announce that applications for The Thomas Jefferson Memorial Scholarship are now open.

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Fri, 22 February 2019

CIMA Gears Up For Third Charity Walk/Run

Archived News Releases

Grand Cayman (Friday, 22 February 2019) The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is proud to host its third annual charity Walk/Run on Sunday, 26 May 2019. Events include a 5K Walk, 5K Run or 10K Run which are scheduled to begin from 6:00 am starting at Elizabethan S...

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Mon, 18 February 2019

CIMA Appoints New Head of Securities Supervision Division

Archived News Releases

Grand Cayman (18 February 2019) Effective Monday, 11 February 2019, Mr. Gerald Halischuk was appointed as the new Head of Securities Supervision Division at the Cayman Islands Monetary Authority (“CIMA” or “the Authority”).

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Thu, 14 February 2019

CIMA Scholar Returns

Archived News Releases

Grand Cayman (Thursday, 14 February 2019) The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is pleased to welcome back scholarship recipient Ms. Ashleigh Powell following the recent completion of her studies at the University of Texas at San Antonio.

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Wed, 09 January 2019

CIMA Signs MOU with Chinese Regulator

Archived News Releases

Grand Cayman (Wednesday, 9 January 2019) The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is pleased to announce that it has recently concluded the signing of a Memorandum of Understanding (“MOU”) with the China Securities Regulatory Commission (“CSRC”), on 5 Novembe...

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Fri, 28 December 2018

CIMA Appoints Deputy Head of Banking

Archived News Releases

Grand Cayman (Friday, 28 December 2018) Ms Bettina Roth has been recently appointed as the Deputy Head of Banking Supervision Division at the Cayman Islands Monetary Authority (“CIMA” or “the Authority”) effective 3 December.

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