Regulatory Blog

Recent amendments to the Cayman Islands' Common Reporting Standard regime have taken effect, introducing significant changes for Financial Institutions. These updates, which align the Cayman Islands with the OECD's global standards, impact everything from compliance deadlines to the scope of reportable assets and have taken effect from 1 January 2026.

The Cayman Islands Monetary Authority has recently published the Prudential Information Survey (ADR-046-75-02) for entities registered under the Securities Investment Business Act as Registered Persons.

On 21 January 2026, the Cayman Islands Department for International Tax Cooperation announced an extension for certain reporting deadlines under the Amended Common Reporting Standard. This applies to Cayman Financial Institutions required to register and maintain information on the DITC Portal.

We are pleased to announce the launch of our Regulatory Resources Hub, a centralised and easy-to-navigate guide to the core laws and compliance frameworks shaping financial services across leading jurisdictions.

The Cayman Islands Companies Act (2025 Revision) offers a comprehensive framework for the regulation, governance, and administration of companies in the Cayman Islands. This updated version consolidates decades of statutory refinement, reflecting amendments, restructurings, and enhancements made up to 1 January 2025. Its provisions are designed to align with global regulatory standards, ensuring that the Act remains relevant to the evolving needs of the corporate landscape.

The Cayman Islands Exempted Limited Partnership Act (2025 Revision) represents the Cayman Islands' legislative framework for the establishment, governance, and operation of exempted limited partnerships. First introduced in 2014, it has undergone multiple amendments and consolidations to maintain its relevance and functionality, culminating in this comprehensive 2025 Revision. This Act serves as a critical pillar of the Islands’ legal infrastructure, fostering a robust and flexible environment tailored to the needs of investors, businesses, and financial institutions.

The Cayman Islands Banks and Trust Companies Act (2025 Revision) serves as a comprehensive legal framework designed to regulate banking and trust activities within the Cayman Islands, ensuring consistency, transparency, and accountability in financial operations. Consolidating legislation dating back to 1989 and integrating subsequent amendments, including those made under the Law Revision Act (2020 Revision), this Act underscores the government’s commitment to maintaining a stable financial environment aligned with international standards. Officially revised and published as of 1 January 2025, it supersedes the 2021 Revision to accommodate recent legislative updates and industry developments.

The Cayman Islands Virtual Asset (Service Providers) Act (2024 Revision) serves as a regulatory foundation for virtual asset services in the Cayman Islands, establishing robust guidelines for the governance and supervision of this dynamic sector. This legislation underscores the jurisdiction’s commitment to fostering innovation while safeguarding the integrity of its financial ecosystem through structured oversight, compliance requirements, and clear operational expectations for virtual asset service providers.

The Cayman Islands Partnership Act (2025 Revision), a comprehensive legislative instrument governing partnerships in the Cayman Islands, serves as an essential framework for both general and limited partnerships. Revised and enacted as of 1 January 2025, the Act consolidates long-standing provisions and more recent amendments, reflecting the evolving dynamics of commercial partnerships while maintaining consistency with common law principles. It represents an amalgamation of numerous preceding laws, including the original 1983 legislation and subsequent critical updates, ensuring a robust legal structure for partnerships operating within the jurisdiction.

The Cayman Islands Private Funds Act (2025 Revision) serves as a comprehensive legal framework governing the regulation, registration, and supervision of private funds in the Cayman Islands. It establishes clear guidelines to ensure transparency, accountability, and compliance in the operations of these funds, thereby promoting investor protection and maintaining the jurisdiction's reputation as a leading global financial centre.

The Cayman Islands Insurance Law, 2010 (Law 32 of 2010), enacted by the Legislature of the Cayman Islands, establishes a comprehensive framework for the regulation and oversight of the insurance industry. The law seeks to modernise and refine the governance of insurance operations, ensuring the integrity, financial stability, and professionalism of industry participants. The legislation is structured into five key parts, each addressing crucial aspects of licensing, obligations, regulatory authority, and miscellaneous provisions, providing clarity and consistency in the regulation of both domestic and international insurance-related activities.

The Cayman Islands Mutual Funds Act (2025 Revision) serves as a comprehensive legislative framework governing mutual funds and their administration within the Cayman Islands. This revision streamlines the legal requirements, ensuring transparency, compliance, and the efficient regulation of both mutual funds and their administrative bodies. The Act is structured into several distinct parts, each addressing critical aspects of the governance and operation of mutual funds, while granting the Cayman Islands Monetary Authority robust powers to oversee and enforce compliance.