Guide
The Cayman Islands administrative fines regime
22 March 2021
Part VIA of the Monetary Authority Act (2020 Revision) allows the Cayman Islands Monetary Authority (CIMA) to impose administrative fines upon individuals and entities licensed and regulated in the Cayman Islands. CIMA may impose such administrative fines in respect of breaches of certain prescribed provisions, categorised as minor, serious or very serious. To find out more about the Cayman Islands' administrative fines regime, please click on the guide below.
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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.
