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ARTICLE · 15 DECEMBER 2025

Cayman Financial Services Enforcement Review 2025

Walkers
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Anti-money laundering counter-terrorist financing and proliferation financing (AML/CFT/CFP) remains the main focus of inspections, and CIMA has demonstrated a clear readiness to take enforcement action...

Cayman IslandsFinance and Banking
Lucy Frew
Lucy Frew
Ian Mason
Ian Mason
Andrew Howarth
Andrew Howarth
Efe Avan-Nomayo
Efe Avan-Nomayo
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Key takeaways

  • Anti-money laundering counter-terrorist financing and proliferation financing (AML/CFT/CFP) remains the main focus of inspections, and CIMA has demonstrated a clear readiness to take enforcement action where deficiencies are identified. However, it continues to broaden the scope of inspections, reviews and enforcement beyond AML/CFT/CFP.
  • CIMA has cancelled numerous director registrations indicating that many registered directors should no longer be registered. CIMA introduced a one-time amnesty scheme for non-compliant directors.
  • The DITC has increased its enforcement activity in relation to Common Reporting Standard (CRS) and economic substance filings, particularly missed deadlines and inconsistent or incorrect classifications, and is showing less tolerance towards failings.

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