Cayman Regulatory Update – Q1 2026
08 January 2026
This Regulatory Update provides a snapshot of the key legal developments in the Cayman Islands over the last quarter, including:
- amendments to the UK sanctions regime and the introduction of a new sanctions reporting obligation;
- details of the OECD's CRS 2.0 and Crypto Asset Reporting Framework and timing of implementation;
- beneficial ownership regime updates;
- updated fund deregistration forms;
- amendments to the Cayman Islands Companies Act:
- new regulatory publications for virtual asset service providers; and
- details of government fee increases for 2026.
See below for more details on the topics covered in this Update.
Key Cayman Updates in Q1 2026
UK sanctions designations moving to a single list
UK sanctions extended to Cayman - Irregular migration and people trafficking
Introduction of new sanctions reporting obligation
Further amendments proposed to the beneficial ownership regime
CIMA Notice - Updates to fund deregistration forms
CRS 2.0 and CARF Regulations in force
VASP Financial Returns Form
CIMA Strix XRBL User Guide
Country-by-Country Reporting on the DITC portal
CIMA Notice - Government fee increases
CIMA Notice – New prudential information survey for Registered Persons
Amendments to the Companies Act in force
Mourant Guides and Updates
Mourant online AML and AEOI compliance training
For additional information or for any questions, please reach out to your usual Mourant contact or one of the key contacts provided on this page.
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About Mourant
Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.
