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The Cayman Islands Monetary Authority (CIMA) is the primary financial services regulator of the Cayman Islands and supervises its currency board.[2]

Cayman Islands Monetary Authority
Cayman Islands Monetary Authority logo.png
HeadquartersGrand Cayman, Cayman Islands
EstablishedJanuary 1, 1997 (1997-January-01)
Chairman [1]Grant Stein
Central bank ofCayman Islands
CurrencyCayman Islands Dollar
KYD (ISO 4217)
Websitewww.cimoney.com.ky

The CIMA manages the Cayman Islands currency, regulates and supervises financial services, provides assistance to overseas regulatory authorities and advises the Cayman Islands government on financial-services regulatory matters.

It is a corporation created pursuant to the Cayman Islands Monetary Authority Law (2013 Revision).[3]

Contents

Regulatory FrameworkEdit

  • Banks and Lenders
  • Offshore Banks
  • Funds and Segregated Portfolio Companies
  • Payment Processing Services
  • Credit Unions

See alsoEdit

ReferencesEdit

  1. ^ CIMA website - Structure and Governance
  2. ^ Cindy Scotland (7 July 2014). "The Cayman Islands Financial Services Regulatory Framework". Mondaq.
  3. ^ Cayman Islands Monetary Authority Law (Revised)], section 5(1): "There is established an Authority to be called the Cayman Islands Monetary Authority which shall be a body corporate and shall have perpetual succession and a common seal and may sue and be sued in its corporate name."

External linksEdit