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ARTICLE · 30 JUNE 2025

Navigating CIMA Audit Requirements For A Cayman Regulated Fund

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To maintain good standing with the Cayman Islands Monetary Authority (CIMA), a Cayman regulated mutual fund or a registered private fund must meet specific audit filing obligations.

Cayman IslandsFinance and Banking
Eason Huang
Eason Huang
Maree Martin
Maree Martin
Freya Xu
Freya Xu
Yan Zeng
Yan Zeng
Bethany Yan
Bethany Yan
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To maintain good standing with the Cayman Islands Monetary Authority (CIMA), a Cayman regulated mutual fund or a registered private fund must meet specific audit filing obligations. These requirements are critical for funds seeking to remain compliant or deregister. This article outlines a complete set of audit filing scenarios for Cayman regulated funds as well as its statutory audit filing requirements, including audit waivers, audit filing extensions, and audit period extensions. This article is to address some of the key issues facing fund operators in the operation, management and orderly winding up of the Cayman regulated funds when it comes to audit filings.

The statutory audit filing requirements is prescribed by the corresponding Cayman funds legislations (i.e. Mutual Funds Act (as revised) of the Cayman Islands and Private Funds Act (as revised) of the Cayman Islands (PFA)) as well as the following various regulatory policies (Regulatory Policies) and

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