Caribbean Regulatory Update – Q4 2025
08 October 2025
This Regulatory Update provides a snapshot of the key legal developments in the BVI and the Cayman Islands over the last quarter, including:
- the new form of BVI Trust and Corporate Service Provider Annual Return;
- updated guidance on batch/bulk filing of beneficial ownership information in the BVI;
- BVI legislative amendments to the Mutual Legal Assistance (Tax Matters) Act;
- details of the Cayman Islands Monetary Authority's (CIMA) one-time non-compliant directors amnesty scheme;
- new regulatory measures for Cayman Islands virtual asset service providers; and
- an update on CIMA's withdrawal of the use of operator letters in lieu of notarised affidavits.
For additional information or for any questions, please reach out to your usual Mourant contact or one of the key contacts on this page.
See below for more details on the topics covered in this Update.
Key BVI Updates in Q4 2025
Trust and corporate service provider annual return
Transition to filing SARs/STRs through AMLive
BVI FSC Industry Circular - Updated Guidance on Batch/Bulk Filing for BO Information
Mutual Legal Assistance (Tax Matters) (Amendment) Act, 2025
BVI FSC Quarterly Newsletter Q2 2025
Q2 2025 FSC Statistical Bulletin
List of jurisdictions eligible for BVI vessel registration
Mourant Guides and Updates
Key Cayman Updates in Q4 2025
CIMA Notice - Update to VASP Application Form
CIMA Notice - Withdrawal of operator letters in lieu of notarised affidavits
Country-by-Country Reporting on DITC Portal
New Office for Strategic Action on Illicit Finance
2025-26 National Risk Assessment launched
One-time non-compliant directors amnesty scheme
Regulatory measures - cancellation of VASP licences, registrations or waivers
AML/CFT supervision of VASPs
CIMA deregistration timeline reminder for funds
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.
