September 17, 2019

Cayman Islands Monetary Authority signs MOU with Insurance Commissioner Group

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The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) signed a memorandum of understanding (MOU) with The National Association of Insurance Commissioners (NAIC) on 4 August 2018. The signing took place during a meeting of the International Insurance Relations (G) Committee at the 2018 NAIC Summer National meeting held in Boston. The MOU is designed […]

ADGM and Cayman Islands Monetary Authority sign MoU on Bilateral Cooperation

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From CPI FINANCIAL The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and the Cayman Islands Monetary Authority (CIMA) signed a Memorandum of Understanding (MoU) putting in place a framework for mutual assistance and exchange of information to foster high standards of regulatory practice and compliance in both jurisdictions. The agreement was […]

Cayman boasts diversification within financial services

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From Cayman Funds While specific sector such as financial services and tourism tend to dominate economic activity of many Caribbean countries, some, including the Cayman Islands, have achieved diversification within financial services, Cindy Scotland, managing director of the Cayman Islands Monetary Authority (CIMA), told delegates at a conference recently. Scotland gave an update on the […]

CIMA appoints Head of the Investments and Securities Division

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Deputy Head of the Investments and Securities Division of the Cayman Islands Monetary Authority (CIMA), Ms. Heather Smith, has been appointed as Head of the Division, following the resignation of substantive Head, Mrs. Yolanda McCoy. Ms. Smith has over fifteen years of experience in the financial services industry, and was appointed to the post of […]