The Securities Investment Business Act of the Cayman Islands (the SIB Act) is the primary securities statute in the Cayman Islands and regulates the conduct of securities activities in or from within the Cayman Islands. If the SIB Act applies to the activities of an entity or person then the entity or person must apply to the Cayman Islands Monetary Authority (CIMA) for a licence or registration under the SIB Act unless one of a limited number of exemptions applies.
