Cayman Islands Monetary Authority

Cayman Islands Monetary Authority

Headquarters	Grand Cayman, Cayman Islands
Established	January 1, 1997 (1997-January-01)
Chairman [1]	Grant Stein
Central bank of	Cayman Islands
Currency	Cayman Islands dollar KYD (ISO 4217)
Website	www.cima.ky

The Cayman Islands Monetary Authority (CIMA) is the primary financial services regulator of the Cayman Islands and supervises its currency board.^[2]

The CIMA manages the Cayman Islands currency, regulates and supervises financial services, provides assistance to overseas regulatory authorities and advises the Cayman Islands government on financial-services regulatory matters.

It is a corporation created pursuant to the Cayman Islands Monetary Authority Law (2013 Revision).^[3]

Regulatory framework

• Banks and lenders
• Offshore banks
• Funds and segregated portfolio companies
• Payment processing services
• Credit unions

See also

• Cayman Islands dollar
• Economy of the Cayman Islands
• Central banks and currencies of the Caribbean
• Currencies of the British West Indies
• Securities Commission
• List of central banks
• List of financial regulatory authorities by jurisdiction

References

1. "CIMA website - Structure and Governance". Archived from the original on 16 July 2011. Retrieved 26 March 2010.
2. Cindy Scotland (7 July 2014). "The Cayman Islands Financial Services Regulatory Framework". Mondaq.
3. Cayman Islands Monetary Authority Law (Revised), section 5(1): "There is established an Authority to be called the Cayman Islands Monetary Authority which shall be a body corporate and shall have perpetual succession and a common seal and may sue and be sued in its corporate name."

External links

• Cayman Islands Monetary Authority