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CIMA

New Deputy Heads appointed at Cayman Islands Monetary Authority

Grand Cayman (Monday, 10 July 2017) The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is once again proud to announce the appointment of two top positions. As of 1 June 2017, Mrs. Suzanne Sadlier was appointed as Deputy Head…

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Promotions for new Securities Division at Cayman Islands Monetary Authority

With the establishment of its new Securities Supervision Division, the Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is pleased to announce the appointment of Mr. Kareem Robinson as Deputy Head of the Division and Ms. Jessica Ebanks as Chief…

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ILS in the Cayman Islands

By John Dykstra From Maples and Calder John Dykstra of Maples and Calder talks about the market-leading variety available in the Cayman Islands The history of ILS in the Cayman Islands goes all the way back to the 1990s, when…

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Cayman Islands: Insurance seminar helps companies with CIMA inspections

A unique seminar aimed at helping local insurance firms prepare for regulatory inspections from CIMA will be held at Willow House, Cricket Square, on July 11th, 2017. The seminar which is being organised by local management consulting and training company…

Seminar provides training for CIMA Inspections

A unique seminar aimed at helping local financial services firms deal with regulatory inspections from CIMA will be held at the Kimpton Resort on April 20th. The seminar features an expert panel featuring industry professionals and senior members of CIMA’s…

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Cayman Islands Monetary Authority confirms new fast-track approval for Cat bonds

From CIMA Grand Cayman –  The Cayman Islands Monetary Authority (CIMA) has recently taken further steps to streamline applications for Catastrophe Bond Vehicles (Cat bonds) of Class ‘C’ insurers. This new regime will also make the registration timeframe more efficient,…

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Cayman Islands: Fund annual returns and filings for sub-funds

Last Updated: 15 February 2017 Article by Kate Hodson, Christopher Joyce and Giorgio Subiotto From Ogier Regulated funds are required to file a fund annual return (FAR) with the Cayman Islands Monetary Authority (CIMA), within six months of the financial…

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AIFMD Consistent Regimes for the Cayman Islands

By Tim Clipstone, Jon Fowler, Jonathan Green, Philip Ireland, Barry McGrath, Peter Stapleton, Anthony Webster, Paul Govier, Harjit Kaur, Tom Katsaros From Maples and Calder The Mutual Funds (EU Connected Fund (Alternative Investment Fund Managers Directive)) Regulations, 2016 (“Fund Regulations”)…

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AxiomSL introduces new taxonomy for Cayman Islands Quarterly Prudential Return (CIQPR) reporting requirements

November 22, 2016 08:00 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–AxiomSL, the leader in risk data management and regulatory reporting for financial services, has released a new taxonomy solution for reporting and submitting the CIQPR to the Cayman Islands Monetary…

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Cayman Islands: The sound of the CIMA

From Cayman Captive Times Hiring a new head of insurance supervision will improve communication and collaborative relations between CIMA and its licensees, the authority says Has 2016 been a busy year for CIMA? This year is proving to be another…