Statement on Indictment of FIFA Officials

The Cayman Islands Monetary Authority (the Authority) is aware of the allegations which have been made by Swiss and US Federal authorities regarding a number of officials of the Fédération Internationale de Football Association (FIFA) and a bank regulated by the Authority. 

The Authority takes these matters very seriously and in respect of the allegations relating to one of our licensees, we will act appropriately, dispassionately and in accordance with our obligations under the law. 

However, at this stage it would be inappropriate and legally impermissible for us to make any further comment or statement on these matters.