This paper discusses findings of the assessment of Financial Sector Supervision and Regulation on the Cayman Islands. The assessment reveals that substantial progress has been made in the implementation of the 2003 Offshore Financial Center assessment recommendations, including, importantly, regarding Cayman Islands Monetary Authority’s independence and resources. There is scope for enhancing regulatory reporting and disclosure requirements by financial entities, such as shortening the period for filing required documents and requiring all insurers to disclose their use of derivatives and similar commitments regularly.
2. Cayman Islands: Main Features of the Financial Sectors, September 2008
3. Selected Banking Sector Indicators
4. CaymanIslandsMonetaryAuthority–Investment and Securities
5. Cayman Islands Stock Exchange
6. Insurance: Number of Regulated Entities
1. The Structure of the Cayman Islands Insurance Sector as at December 31, 2008
1. Main Recommendations
1. Status Report as per March 2009 on the Implementation of the IMF Recommendations in Connection with the 2003 OFC Assessment of the Cayman Islands
II. Cayman Islands
capital from institutions and sophisticated investors seeking diversification and absolute returns as well as the overall growth in the alternative investment funds industry globally.
CaymanIslandsMonetaryAuthority–Investment and Securities Licensees
Mutual Fund Law Entities