Cayman Islands Monetary Authority Explained

Image 1:	Cayman Islands Monetary Authority logo.png
Image Width 1:	140px
Headquarters:	Grand Cayman, Cayman Islands
President:	Grant Stein
Leader Title:	Chairman ^[1]
Bank Of:	Cayman Islands
Currency:	Cayman Islands dollar
Currency Iso:	KYD

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

External links

• Cayman Islands Monetary Authority

Notes and References

1. Web site: CIMA website - Structure and Governance . 2010-03-26 . https://web.archive.org/web/20110716123641/http://www.cimoney.com.ky/about_cima/about_ra.aspx?id=128&ekmensel=e2f22c9a_10_28_128_2 . 2011-07-16 . dead .
2. Web site: The Cayman Islands Financial Services Regulatory Framework. Cindy Scotland. Mondaq. 7 July 2014.
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."