Laws and Regulations Related to the Cayman Islands’ Commitment to the EU
For more information, please contact MFSHA@gov.ky
Amendment Act and corresponding regulations to take effect 15 January 2021
In the latest meeting of Parliament, which started on 4 December and is slated to end on 18 December, the Cayman Islands Government considered legislative changes that will affect virtual asset service providers, companies, and the requirements for witnessing of documents.
This FAQ does not constitute legal advice. This overview helps to explain the Cayman Islands’ virtual asset service provider (VASP) regime.
The Cayman Islands’ ability to regulate and attract persons and entities that deal with virtual assets as a business is now strengthened, with the commencement of legislation for virtual asset service providers (VASPs).