The Cayman Islands Monetary Authority (CIMA) is the primary financial services regulator of the
Cayman Islands
The Cayman Islands () is a self-governing British Overseas Territory—the largest by population in the western Caribbean Sea. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located to the ...
and supervises its
currency board.
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).
[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."]
Regulatory Framework
* Banks and Lenders
* Offshore Banks
* Funds and Segregated Portfolio Companies
* Payment Processing Services
* Credit Unions
See also
*
Cayman Islands dollar
The Cayman Islands Dollar (currency code ''KYD'') is the currency of the Cayman Islands. It is abbreviated with the dollar sign ''$'', or alternatively ''CI$'' to distinguish it from other dollar-denominated currencies. It is subdivided into 1 ...
*
Economy of the Cayman Islands
The economy of the Cayman Islands, a British overseas territory located in the western Caribbean Sea, is mainly fueled by the tourism sector and by the financial services sector, together representing 50–60 percent of the country's gross ...
*
Central banks and currencies of the Caribbean This is a list of the central banks and currencies of the Caribbean.
There are a number of currencies serving multiple territories; the most widespread are the East Caribbean dollar (8 countries and territories), the United States dollar (5) and ...
*
Currencies of the British West Indies
*
Securities Commission
*
List of financial regulatory authorities
References
External links
Cayman Islands Monetary Authority
Financial regulatory authorities
Cayman Islands
The Cayman Islands () is a self-governing British Overseas Territory—the largest by population in the western Caribbean Sea. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located to the ...
Government agencies of the Cayman Islands
Organizations established in 1997
1997 establishments in the Cayman Islands
Cayman Islands company law
bank and insucance supervision{{Caymans-stub
Thomson Reuters practical law