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The Law is designed to enable the Cayman Islands Monetary Authority (“CIMA”) to, amongst other things, approve or deny applicants for registration or licensing as directors and retain detailed information on directors for the purposes of both assisting overseas regulatory authorities and carrying out its own regulatory functions.
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.
The Cayman Islands is a leading financial services centre.. Cayman Islands company law is primarily codified in the Companies Law (2018 Revision) and the Limited Liability Companies Law, 2016, [1] and to a lesser extent in the Securities and Investment Business Law (2015 Revision).
In this list of financial regulatory and supervisory authorities, central banks are only listed where they act as direct supervisors of individual financial firms, and competition authorities and takeover panels are not listed unless they are set up exclusively for financial services.
The proceeds of IUH Cayman's notes will be used to fund eligible sustainable projects. Moody's Investors Service ("Moody's") has today assigned a B1(hyb) rating to the proposed USD-denominated ...
On 1 May 1972, [7] the Cayman Islands Currency Board introduced notes in denominations of 1, 5, 10 and 25 dollars. 40 dollar notes were introduced in 1981 but were taken out of circulation a few years later, followed by 100 dollars in 1982 and 50 dollars in 1987. On 1 January 1997, the Cayman Islands Monetary Authority (CIMA) took over issuance ...
Cayman Islands Monetary Authority; D. Cayman Islands Directors Registration and Licensing Law, 2014 This page was last edited on 13 April 2023, at 18:20 (UTC). Text ...
From the earliest settlement of the Cayman Islands, economic activity was hindered by isolation and a limited natural resource base.The harvesting of sea turtles to resupply passing sailing ships was the first major economic activity on the islands, but local stocks were depleted by the 1790s.