Caribbean Regulatory Update – Q4 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 Q3 2025

BVI FSC Quarterly Newsletter Q2 2025

Q2 2025 FSC Statistical Bulletin

List of jurisdictions eligible for BVI vessel registration

Mourant Guides and Updates

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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

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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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