Cayman Regulatory Update – Q2 2025

This Regulatory Update provides a snapshot of the key legal developments in the Cayman Islands over the last quarter, including amendments to the beneficial ownership regime and details of phase two of the virtual asset service providers framework which is now in force.

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 Cayman Updates in Q2 2025

Phase 2 of VASP legislation in force

Trade and Business Licensing (Amendment of Schedule 1) Regulations, 2025

Amendments to beneficial ownership legislation

2025 Revision laws

Additional beneficial ownership guidance

Misuse of Drugs (Amendment) Act, 2024

Industry Advisory: defence Against Money Laundering (DAML) / Consent Regime

OECD Harmful Tax Practices Peer Review

CRS lists of reportable and participating jurisdictions

Mourant Guides and Updates

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.