Prudent and robust regulation is central to the Cayman Islands
being an international financial centre of repute. As the principal
regulator for the financial services industry of the Cayman
Islands, the Cayman Islands Monetary Authority (CIMA) takes its
responsibilities very seriously. Part of the CIMA's strategic
planning process for the period 2014-16 included the crafting of a
new mission statement to reflect CIMA's evolving role, and the
dynamic nature of the industry which it regulates.
CIMA's renewed mission is, "To protect and enhance the
reputation of the Cayman Islands as an International Financial
Centre by fully utilising a team of highly skilled professionals
and current technology, to carry out appropriate, effective and
efficient supervision and regulation in accordance with relevant
international standards and by maintaining a stable currency,
including the prudent management of the currency reserve."
