News - Ministry of Financial Services
News
Companies Amendment Act Takes Effect 1 January 2026
Enhancements to corporate legislation aimed at maintaining continued business growth and bolstering the Cayman Islands’ position as a global financial services centre of excellence and innovation will take effect on 1 January 2026,

CI Delegation Participates in CFATF Plenary in Barbados
The training-focused plenary, held in Bridgetown, Barbados, from 24–28 November, provided member jurisdictions with capacity-building sessions and technical updates across key areas of AML/CFT/CPF implementation. Practical guidance was given on several priority issues...
Maritime Administration Enhances Safety and Security
The Cayman Islands Maritime Administration successfully completed the training for use of the Long-Range Identification and Tracking (LRIT) system which provides global identification and tracking of ships to enhance maritime security, improve search and rescue (SAR) operations and promote marine environment protection.
New Rules for Garages, Mobile Mechanic Licensees
The Department of Commerce and Investment (DCI) advises that effective immediately, all commercial garage licensees are required to operate under the new conditions implemented by the Trade and Business Licensing Board on 13 November
CICBD Partners with MYSCH for Small Business Market
CICBD is pleased to announce a partnership with the MYSCH to host this year's Small Business Holiday Market.
Regulations Now Published on CARF and CRS
Regulations to implement two international tax reporting frameworks in the Cayman Islands, the Crypto-Asset Reporting Framework (CARF) and amendments to the Common Reporting Standard (CRS), were published yesterday, Thursday, 27 November...
Legal Services Act to Be Fully Commenced 1 January 2026
Commencing the remaining parts of the Legal Services Act, 2020 and its five supporting regulations on 1 January 2026 will result in modern, fit-for-purpose oversight for attorneys-at-law, benefits for Caymanians in the profession...

CICBD Hosts Business Advisory Town Hall in Cayman Brac
The CICBD is inviting business owners and operators in Cayman Brac and Little Cayman to attend a town hall meeting on 6 November 2025.

OSAIF Holds National Risk Assessment Workshop
The Office for Strategic Action on Illicit Finance (OSAIF) successfully hosted a three-day workshop bringing together public and private sector stakeholders to review current risks and potential vulnerabilities as part of the 2025-2026 NRA.
To see articles published before May 2025, visit: mfsc.cigarchives.gov.ky