Feb 15, 2021 | Media Release
As of 1 February 2021, the RoC had levied 19 administrative fines – at a rate of $5,000 per fine – against companies for noncompliance with beneficial ownership (BO) requirements. Head of Compliance Paul Inniss noted that warning letters were sent to the companies...
Feb 5, 2021 | Media Release
Cabinet approved the discount, which also applies to applicants requesting the certificate on behalf of senior citizens. A fee reduction of 50% is in effect for the issuance of birth certificates for persons aged sixty-five and older. The new fee is $5 – which is a...
Feb 5, 2021 | Information
The commencement order was published on 28 October 2020. These enforcement provisions allow the Cayman Islands Monetary Authority (CIMA) to take action where a person breaches certain provisions of the VASP Act. For more information, email CIMA at...
