Regulatory Blog

On 9 February 2026, the Cayman Islands Government published three legislative instruments: the Mutual Funds Bill, Private Funds Bill, and Virtual Asset Bill. These were created to answer a number of pressing questions arising from tokenised investment funds and to establish a clear and reliable regulatory framework for tokenised investment funds.

This guide outlines the critical amendments to the Cayman Islands’ Common Reporting Standard Regulations, introduced by the Tax Information Authority (International Tax Compliance) (Common Reporting Standard) (Amendment) Regulations, 2025, here. These changes represent a significant shift in the compliance landscape, aligning the jurisdiction with global OECD standards and the new Crypto-Asset Reporting Framework.

On 4 February 2026, the Cayman Islands Monetary Authority published a notice to assist stakeholders in interpreting the revised fees for regulated mutual funds and private funds, effective 1 January 2026. These updates follow CIMA's earlier notice on 31 December 2025, which outlined broader fee adjustments across financial services to align with international standards and enhance administrative efficiency.

On 13 February 2026, the Cayman Islands Monetary Authority extended the deadline for settling outstanding balances related to revised annual fees for regulated mutual and private funds.

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 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 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.

The Cayman Islands Securities Investment Business Act regulates securities investment business conducted in or from the Cayman Islands. Administered by the Cayman Islands Monetary Authority, the Act aims to ensure that securities-related activities are carried out by fit and proper persons under stringent supervisory standards. It applies to entities incorporated or registered in the Cayman Islands, including foreign entities with a local business presence. The Act also aligns with international regulatory frameworks, such as anti-money laundering and counter-terrorism financing measures.

The Cayman Islands Monetary Authority released a desk-based review of the Virtual Asset Service Providers to assess compliance with the Virtual Assets Act and related regulations in November 2025. The review, covering 11 entities, focused on corporate governance, internal controls, cybersecurity, financial stability, and virtual asset custody arrangements.